Industry News
Chemical Industry News
Asia MMA, PMMA face continued pressure amid weak demand outlook
SINGAPORE (ICIS)--Asia methyl methacrylate (MMA) prices are expected to remain under pressure in the near term, amid softer June deals into southeast Asia, supply recovery and persistently weak...
Asia coal demand to rise sharply in 2026 on LNG supply disruptions – Rystad
SINGAPORE (ICIS)--Coal demand in Asia is projected to expand by around 70 million tonnes in 2026, according to Norway-based research firm Rystad Energy. The potential rise is attributed to the severe...
China May petrochemical markets slump; June demand seasonally weak
SINGAPORE (ICIS)--China’s domestic petrochemical prices retreated further in May, weighed down by faltering demand and rising supply, with some markets now back at pre-Middle East war price levels....
Plant status: China’s Chang Chun to shut phenol/acetone unit for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Chang Chun Petrochemical (Changshu) Location: Changshu, Jiangsu Product: Phenol and acetone Capacity (tonnes/year): 300,000 and 180,000...
Plant status: China’s Chang Chun to shut two BPA lines for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Chang Chun Petrochemical Location: Changshu, Jiangsu, China Product: Bisphenol A (BPA) Capacity (tonnes/year): 270,000 Event start: 20 June 2026...
Plant status: China’s Hualu Hengsheng shuts acetic acid plant in Shandong
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Hualu Hengsheng Location: Dezhou, Shandong, China Product: Acetic acid Capacity (tonnes/year): 600,000 Event start: 9 June 2026 Event...
US crop planting nearly complete as corn reaches 97% with soybeans at 92%
HOUSTON (ICIS)--US farmers have completed 97% of corn plantings with soybeans at 92%, according to the latest US Department of Agriculture (USDA) Crop Progress Report. Although wet weather has...
NYMEX: US gas futures fall on cooler June forecasts
Front-month US natural gas futures dipped lower on 8 June as lower-than-usual demand from LNG export plants combined with a milder temperature outlook The July Henry Hub contract on NYMEX settled at...
Brazil’s Oben Group signs deal for new 94,000 tonne/year BOPP line in Brazil
SAO PAULO (ICIS)--Oben Group has signed an agreement to acquire a new 12-meter biaxially oriented polypropylene (BOPP) film production line for Brazil with capacity of 94,000 tonnes/year, according...
CRUDE SUMMARY: Halt in attacks between Iran, Israel caps gains; markets volatile on dim peace deal prospects
Crude prices reversed Friday’s losses following Iran-Israel attacks during weekend Iran and Israel exchanged military attacks, the biggest since the April ceasefire OPEC+ members decide to adjust...
Brazil’s Videolar-Innova plans R423 million expansion at Manaus industrial hub
SAO PAULO (ICIS)--Videolar-Innova is preparing a new expansion cycle at the Manaus Industrial Pole that could total Brazilian reais (R) 423 million ($82 million) with a focus on new production lines...
Brazil’s Braskem owners Petrobras, FIP amend governance pact, swap board nominees
SAO PAULO (ICIS)--Braskem’s two controlling shareholders, state oil company Petrobras and private equity fund Shine I FIP, have signed an amendment to their shareholders' agreement to adjust...
Mexico’s Pemex to invest $5.3 billion to revive petrochemicals, fertilizers plants
SAO PAULO (ICIS)--Mexico’s state-owned oil major Pemex plans to invest Mexican pesos (Ps) 93 billion ($5.3 billion) through 2030 to resurrect some of its petrochemicals and fertilizers plants, the...
FBMC WEEKLY: Strong wind, muted demand to pressure European power spot prices through week 24
LONDON (ICIS)-- Bearish European power spot prices could continue across the flow-based market coupling (FBMC) region amid mild temperatures and well-above-average wind power output through week 24....
What kind of damage has RFK Jr’s health department inflicted on vaccine research in the US so far?
Since becoming health secretary in early 2025, Robert F Kennedy Jr has confirmed the worst fears of his critics
Warming seas impact cell structures that deliver oxygen to coral
Oxygen-sensitive nanoparticles reveal a new mechanism of coral stress
Prospector AI Search, now powered by chemical intelligence
UL Solutions has selected Kimia to power intelligent search across Prospector's Personal Care and Cosmetics users, changing how formulators worldwide find and evaluate ingredients. The new time-saving intelligent natural language solution was demonstrated live at NYSCC Suppliers'
UPDATE: Israel strikes Mahshahr petrochemical complex in southwest Iran
SINGAPORE (ICIS)--The Israeli air force has “attacked several targets at the petrochemical complex in Mahshahr” in southwest Iran, the Israel Defense Forces (IDF) said in a post on social media...
Plant status: S Korea’s H&G Chemical takes EVA plant offline
SINGAPORE (ICIS)--Here is a plant status report: Name: H&G Chemical Location: Yeosu Industrial Complex, South Jeolla province, South Korea Product: Ethylene vinyl acetate (EVA) Capacity...
Israel strikes Mahshahr petrochemical complex in southwest Iran
SINGAPORE (ICIS)--The Israeli air force has “attacked several targets at the petrochemical complex in Mahshahr” in southwest Iran, the Israel Defense Forces (IDF) said in a post on social media...