Industry News
Chemical Industry News
East China benzene inventories rise as arrivals outweigh consumption
SINGAPORE (ICIS)--Benzene inventories at shore tanks along eastern China increased to 128,000 tonnes on 4 November, according to ICIS data, as there were more arrivals than consumption. Inventories...
Plant status: China’s Shandong Chambroad Sinopoly New Material shuts PP Line 1
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Chambroad Sinopoly New Material Location: Binzhou, China Product: Polypropylene (PP) Capacity (tonnes/year): 400,000 Event start: 1...
Monsoon weather constrains rPET feedstock collection in Thailand
SINGAPORE (ICIS)--Heavy rains have impacted waste collection by the informal sector in Thailand, reducing supply of post-consumer bottle bales used for recycled polyethylene terephthalate (rPET)...
Bullish energy complex to drive German power Q1 ‘26, with cold winter raising gas storage concerns – traders
German Q1 ’26 power contract has been on bullish trend since early October, rising to €99.78/MWh on 3 November, a 19-week high Traders attribute “bullish energy complex” for trajectory and...
Philippine typhoon caps rPET feedstock movement
SINGAPORE (ICIS)--Super typhoon Kalmaegi made landfall in the southern islands of Visayas in the Philippines on Tuesday morning, halting collection and movements of recycled polyethylene...
Saudi Aramco Q3 net profit falls 2% amid lower crude, product prices
SINGAPORE (ICIS)--Saudi Aramco's Q3 net profit fell on the back of lower refined and chemical prices, the energy giant said on Tuesday. in Saudi riyal (SR) billions Q3 2024 Q3 2025 % Change Jan-Sept...
China butyl acrylate prices hit year-to-date low; oversupply to persist
SINGAPORE (ICIS)--The butyl acrylate (butyl-A) market performance in China during the seasonal peak in September-October was below expectations, with prices even starting October on a decline. As the...
Asia Oct factory activity mixed as focus turns to domestic demand
SINGAPORE (ICIS)--Asia's October manufacturing activity was mixed, with slowdowns noted among export giants as focus shifts toward domestic demand, which remains robust in India. China export orders...
Expansion in Mexico: Bodo Möller Chemie takes over Bridge Chemical Company
The Bodo Möller Chemie Group is expanding its presence in Mexico on acquiring the Bridge Chemical Company (BCC). Based in Chihuahua, this company has a nationwide sales and service network and many years’ experience in
ZEISS and LG Chem join forces to strengthen the photopolymer supply chain for advanced optics
ZEISS and LG Chem announce their strategic alliance that stands for robust, sustainable, and innovative photopolymer film supply on industrial scale. This partnership marks a milestone for the optical industry. These photopolymer films are a
BLOG: Why China PP spreads may not fully recover until at least 2028
SINGAPORE (ICIS)--Click here to see the latest blog post on Asian Chemical Connections by John Richardson: I defy anyone to dispute that a pivotal moment in global petrochemicals and polymers markets...
Plant status: Taiwan’s FCFC to pause No 2 SM line
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosa Chemicals and Fibre Corp (FCFC) Location: Mailiao, Taiwan Product: Styrene monomer (SM) Capacity (tonnes/year): 350,000 Event start:...
China domestic OX prices hit year low, persistent weak demand
SINGAPORE (ICIS)--Chinese domestic orthoxylene (OX) prices were down by yuan (CNY) 200/tonne week on week to CNY5,900/tonne ex-warehouse (EXWH), as supply continues to outstrip demand. The price gap...
Plant status: China’s Shandong Keluer shuts one ACN line
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Keluer Chemical Location: Dongying, Shandong, China Product: Acrylonitrile (ACN) Capacity (tonnes/year): 130,000 Event start: 3...
US Eastman misses Q3 earnings guidance, warns of Q4 slowdown
HOUSTON (ICIS)--US-based specialty chemicals producer Eastman missed its Q3 earnings guidance and warned that the fourth quarter could be slower than normal because customers are becoming...
NYMEX: US gas futures edge up as key heat consuming regions cool down
Front-month US natural gas futures rose on 3 November as US LNG feedgas nominations soared The December Henry Hub contract on NYMEX settled at $4.266/MMBtu, up 3.4% from the previous session...
Brazil’s Petrobras aims to reduce workforce by 1,100 in 2026
WASHINGTON (ICIS)--Petrobras is aiming to reduce its workforce by 2.6% or 1,100 employees in 2026, from a total of 41,000, the Brazilian state-owned energy major said on Monday. Petrobras will roll...
CRUDE SUMMARY: Crude prices rally despite mixed market signals
OPEC+ to hike output in December Saudi-led group to pause increase for first quarter of 2026 on market oversupply fears Russian output increases may be capped by sanctions, capacity constraints US...
Chile’s economic growth accelerates despite rising inflation, political impasse
WASHINGTON DC (ICIS)--Chile's economy grew 3.2% in September, year on year, on the back of healthy services and trade activity, although the key export-intensive mining sector posted falling output,...
China to lower US tariffs by 10%, issue antimony export licenses
HOUSTON (ICIS)--China will remove the 10% tariffs that it imposed this year on imports from the US and begin issuing export licenses for antimony, a mineral used to make flame retardants and...