Industry News
Chemical Industry News
Bearish weather fundamentals capping upside for Italian power September ‘25
Forecast of mild temperatures and above-average rainfall for Italy next month is likely to limit upside for September ‘25 power contract Gas price volatility, cuts to French power exports, and...
2.3GW awarded in ground-mounted solar PV, oversubscription keeps Germany on track to 2030
German Federal Network Agency awards 2.3GW in in solar ground-mounted PV at an average price of €48.4/MWh Oversubscription remains and the average price was well below the maximum permissible bid,...
Centrica, Energy Capital Partners Group to acquire Britain’s largest LNG terminal
The deal is expected to finalise within 2025 Isle of Grain terminal is a significant contributor to British gas supply LNG sendout of growing importance as domestic production declines LONDON...
US July producer price inflation surges on tariffs impacts
HOUSTON (ICIS)--The US producer price index (PPI) ran at a 3.3% year-on-year pace in July – up from 2.4% in June and marking the largest increase since rising 3.4% in February, according to data...
Brazil launches R30 billion ‘Sovereign Brazil Plan’ to counter US tariffs
MADRID (ICIS)--Brazil’s President Luiz Inacio Lula da Silva signed late on Wednesday a provisional measure with support measures for Brazilian exporters facing US tariffs totaling Brazilian reais...
Plant status: Spain’s Repsol shuts Puertollano chems units, issues LDPE, EVA force majeure
LONDON (ICIS)--Here is a plant status report: Name: Repsol Location: Puertollano, Spain Product: Low density polyethylene (LDPE), ethylene vinyl acetate (EVA), polypropylene (PP) Capacity...
Europe acrylate esters stable to soft as summer slowdown sets in
LONDON (ICIS)--Europe acrylate esters spot prices were stable to soft this week as the seasonal summer slowdown sets in. Ethyl acrylate (ethyl-A) and methyl acrylate (methyl-A) spot prices slightly...
Europe acrylic acid spot range narrows amid subdued summer demand
LONDON (ICIS)--The Europe acrylic acid (AA) market has seen stable-to-soft spot prices, with the range narrowing this week. There has been a slight softening at the top of the range, while the lower...
Rehden may miss November 45% gas storage target
FRANKFURT (ICIS) --Market participants are expressing skepticism that Germany’s Rehden gas storage site will reach its 45% fullness target by November. Traders cite slim seasonal spreads and a...
Brazil’s Braskem financial woes to continue as petchems crisis keeps leverage high – Fitch
MADRID (ICIS)--Brazil's polymers major Braskem is facing mounting financial pressure as its leverage is expected to remain high through 2026 on the back of the years-long petrochemicals downturn, US...
US NextDecade advances Train 4 LNG project with equity offtakers
HOUSTON (ICIS)--The proposed Rio Grande Train 4 project named new equity investors in an August filing from developer NextDecade with the US Securities and Exchange Commission. French major...
Five key ICIS LNG stories of the week
Germany's Rehden may miss storage target. Market participants are expressing scepticism that Germany’s Rehden gas storage site will reach its 45% fullness target by November. ICIS News Venture...
China’s sulphur port inventories down 33,000 tonnes on more trading
SINGAPORE (ICIS)--China’s sulphur port inventories fell to around 2.499 million tonnes on 14 August, because of more trading in the domestic market, ICIS data showed. This marks a decrease of...
Golar LNG plans further FLNG fleet expansion
Golar LNG shifts focus to fourth and fifth FLNG units Continued strong demand for FLNG solutions in tight market Plans to order fifth unit once fourth FLNG charter is secured LONDON (ICIS)—Golar...
Molecular motor stitches together catenane rings
The light-powered system produces interlocked rings, without the need for templating strategies
The challenge of developing oral alternatives to peptide weight loss drugs
Companies are racing to develop alternatives to injectable diabetes and weight loss drugs
The limits of AI in materials science
Current AI-based speech-image models can perceive content very well, but reach their limits when it comes to more complex scientific processes. This is shown by a recent study conducted by researchers at Friedrich Schiller University
Nouryon expands its South America industry-leading sodium chlorate capacity by 20% in support of new Arauco pulp mill and growing Brazilian pulp industry
Nouryon has signed a long-term agreement with Arauco to supply essential sodium chlorate and chlorine dioxide solutions for Arauco’s new $4.6 billion pulp mill in Mato Grosso do Sul, Brazil. As part of the agreement,
Nouryon expands its South America industry-leading sodium chlorate capacity by 20%
Nouryon has signed a long-term agreement with Arauco to supply essential sodium chlorate and chlorine dioxide solutions for Arauco’s new $4.6 billion pulp mill in Mato Grosso do Sul, Brazil. As part of the agreement,
Breakthrough smart plastic: Self-healing, shape-shifting, and stronger than steel
Aerospace engineering and materials science researchers at Texas A&M University have uncovered new properties of an ultra-durable, recyclable, smart plastic — paving the way for transformative applications in the defense, aerospace and automotive industries. The