Industry News
Chemical Industry News
US-Canada PP production and sales up in July
HOUSTON (ICIS)--July preliminary sales and production data have been recently released by the American Chemistry Council (ACC) and Vault Consulting. Month-on-month percentage changes are shown below:...
US Celanese expects continued soft demand from most end markets
HOUSTON (ICIS)--Celanese will continue to focus on self-help measures in the second half of the year amid continued soft demand across most end markets, the US-based acetyls and engineered materials...
CRUDE SUMMARY: Crude benchmarks ease as US July CPI data outweighs US-China tariff pause
Oil benchmarks fall as US CPI data weighs on market US-China tariff pause to November eases near-term trade tensions, providing floor for prices OPEC raises 2026 global oil demand forecast, trims...
Mexico’s inflation falls in July to 3.51%, central bank cuts rates to 7.75%
MADRID (ICIS)--Mexico’s annual rate of inflation fell to 3.51% in July, down sharply from June’s 4.32%, as the central bank continued to ease monetary policy easing with a 25 basis points (bps)...
Asia base oils demand outlook: Week of 11 August
SINGAPORE (ICIS)--Asia’s base oils demand could get support from moves to replenish stocks that were more balanced than expected at start of Q3 2025. Blenders could be targeting additional supplies...
MID-YEAR OUTLOOK: UK to hold net power import position through remainder of 2025
UK power September ’25 and Q4 ’25 contracts at premium to Dutch, French equivalents This indicates the UK is likely to remain a net power importer through the rest of 2025 ICIS Power Foresight...
Germany energy prices volatile, chemical industry sees only little relief
LONDON (ICIS)--Prices for energy commodities in Germany were volatile over the past three months, according to the country’s Hamburgisches WeltWirtschaftsInstitut (HWWI). Prices fell 2.0% in May,...
Americas/EMEA base oils supply outlook: Week of 11 August
SINGAPORE (ICIS)--US Group II light-grade export-price premium to vacuum gasoil holds close to lows in Q1 2025. Source: ICIS Lower base oils margins and drop in outright export prices suggest recent...
Americas/EMEA base oils demand outlook: Week of 11 August
SINGAPORE (ICIS)--US base oils demand likely to stay muted. Expectations of growing surplus supplies boost attraction of maintaining lower stocks and procuring smaller top-up volumes more frequently....
Brazil inflation falls to 5.35% in July, but rate cuts unlikely until 2026 – analysts
MADRID (ICIS)--The annual rate of inflation in Brazil fell to 5.23% in July, down from 5.35% in June, but prices rose month on month after a hike in electricity bills, the country’s statistics...
Australia imports less urea in H1 2025 on dry weather
LONDON (ICIS)--In Australia, lack of rainfall saw imports decline 7% in the first half of 2025 to 2.3 million tonnes compared to nearly 2.5 million tonnes in H1 2024, according to customs data. There...
Global base oils margins outlook: Week of 11 August
SINGAPORE (ICIS)--Global base oils margins stay more mixed but mostly hold at levels that sustain incentive for refiners to maintain firm output of the lubricants feedstock. Fob Asia light-grade base...
Brazil turns to Saudi Arabia and Morocco as Russian MAP exports to the country drop
LONDON (ICIS)--Brazil imported 8% less monoammonium phosphate (MAP) in the period January-July 2025 year over year, according to customs data. A big reason for this reduction was the fact that...
Global base oils arb outlook: Week of 11 August
SINGAPORE (ICIS)--The US Group III 4cSt base oils price-premium to Group II light grades fell at the end of July, for first time in three months, before extending the dip in August. Asia’s Group...
Global base oils cargo flows: Week of 11 August
SINGAPORE (ICIS)--Singapore takes delivery of large shipment from northwest Europe in last week. Shipment adds to rebound in supplies from Europe so far in Q3 2025. Base oils cargo-loadings from...
Brazil faces limited US tariffs impact as trade redirection to mitigate woes – Moody’s
MADRID (ICIS)--New US tariffs on Brazil will impose a modest economic setback over the next year due to the extensive exemptions for key exports and gradual trade flow redirection, US credit raging...
India issues awards to buy 2 million tonnes of urea as another tender expected soon
LONDON (ICIS)--In India, fertilizer importer Indian Potash Limited (IPL) today issued awards for a total of 2.08 million tonnes of urea in its 4 August tender, for shipment by 22 September. Awards...
Chemours ordered to immediately limit PFAS emissions into Ohio River
US judge grants injunction to reduce Gen-X discharges from West Virginia plant to permitted levels
PODCAST: AI, innovation and M&A could save chemicals in high-cost regions
BARCELONA (ICIS)--As a completely new chemical industry landscape unfolds before us, leaders should harness AI, innovation and consolidation opportunities in high cost regions. Industry faces...
Indonesia ammonia exports drop 3% in H1 2025 year on year
LONDON (ICIS)--Exports of ammonia from Indonesia decreased by 3% in the first half of 2025 compared with the same period the year before, according to customs data. The top importer of Indonesian...