Industry News
Chemical Industry News
East China DEG inventories fall further on limited arrivals
SINGAPORE (ICIS)--Diethylene glycol (DEG) inventories at Jiangsu in east China fell by 12% from last Friday, as arrivals remained limited. The total inventories were at 33,900 tonnes on 24 October,...
Asia DEG tumbles to a five-year low on long supply, sluggish demand
SINGAPORE (ICIS)--Asia diethylene glycol (DEG) prices tumbled to a five-year low during the week as long supply and sluggish downstream demand continue to weigh on spot discussions. Spot discussions...
East China acetone inventories down by 10.7% to 25,000 tonnes
SINGAPORE (ICIS)--Acetone inventories at Jiangsu ports in east China have decreased to 25,000 tonnes in the week ended 24 October, ICIS data showed on Friday. The inventories were down by 10.7% from...
China VAM set to ease in the short term, downstream start-ups by year-end remain a key prop
SINGAPORE (ICIS)--After rising for almost two months, China’s vinyl acetate monomer (VAM) market is leveling off. With supply tightness easing and demand slowing, prices are expected to soften in...
Intra-Asia VAM trades draw support from China import appetite
SINGAPORE (ICIS)--Southeast Asia’s vinyl acetate monomer shipments to China are ramping up to a multi-month high amid a drastic slowdown in its bilateral trade with India. China overtaking India in...
China PET export prices stabilize on rising feedstocks after recent falls
SINGAPORE (ICIS)-- China’s polyethylene terephthalate (PET) export prices have so far stabilized in the week ending 24 October after recent declines on the back of rising feedstock prices,...
Plant status: S Korea’s Lotte INEOS restarts acetic acid unit at reduced rate
SINGAPORE (ICIS)--Here is a plant status report: Name: Lotte INEOS Chemical (LIC) Location: Ulsan, South Korea Product: Acetic acid Capacity (tonnes/year): 710,000 Event start: 10 October Event...
First Fer X auction “missed opportunity” for Italian wind power – ANEV
Registration period for first renewable tender to take place under the Italian Transitional Fer X scheme closed on 12 September Wind tender was undersubscribed, with only about half of the maximum...
Plant status: INEOS shuts Malaysia JV acetic acid line
SINGAPORE (ICIS)--Here is a plant status report: Name: INEOS PETRONAS Acetyls Location: Kerteh, Terengganu, Malaysia Product: Acetic acid Capacity (tonnes/year): 535,000 Event start: 17 October 2025...
Asia MEG market bearishness may be sustained on weak fundamentals towards year-end
SINGAPORE (ICIS)--The bearishness in Asia’s monoethylene glycol (MEG) market is poised to be sustained in the coming months, as weak market fundamentals will continue to dampen discussions...
Chandra Asri to acquire ExxonMobil’s Singapore service stations
SINGAPORE (ICIS)--Chandra Asri has entered into a sale and purchase agreement (SPA) to acquire ExxonMobil's network of Esso-branded retail service stations in Singapore, the Indonesia-based producer...
Plant status: Celanese Singapore shuts acetic acid unit
SINGAPORE (ICIS)--Here is a plant status report: Name: Celanese Location: Pulau Sakra, Singapore Product: Acetic acid Capacity (tonnes/year): 600,000 Event start: 20 October 2025 (estimate) Event...
Asia butyl glycol braces for capacity addition, demand slowdown in Nov
SINGAPORE (ICIS)--China's butyl glycol (BG) market found support in October from steady post-holiday restocking activity, but the market's regional outlook remains uncertain due to a capacity...
Asia melamine expectations subdued as demand headwind persists
SINGAPORE (ICIS)--China’s export prices have held steady in October amid sluggish demand, contrasting with the domestic market. After the Golden Week holiday, Chinese producers separately cut local...
Rigaku opens Rigaku Technology Center Taiwan
Rigaku Holdings Corporation hereby announces the establishment of Rigaku Technology Taiwan Co., Ltd. (“RTTW”), a new group company in Taiwan, in 2025. A facility within RTTW, Rigaku Technology Center Taiwan (hereinafter RTC-TW), began full-scale operation
Water as an Energy Carrier
A European research team involving Hamburg University of Technology (TUHH) and Deutsches Elektronen-Synchrotron DESY has developed a novel way for converting mechanical energy into electricity – by using water confined in nanometre-sized pores of silicon
How to filter pathogens, drug residues and microplastics from wastewater
Wastewater treatment in sewage treatment plants is essential for environmental and health protection. Before treated water can be discharged into rivers or lakes, it must meet strict quality requirements. These stipulate, for example, exactly how
AUSTRALIA WRAP: Santos targets new milestones; Woodside’s strategic pivot as risks mount
SINGAPORE (ICIS)--Australia’s LNG sector continues to churn through complex headwinds and strategic shifts this week, with Santos eyeing significant project milestones amid operational turbulence,...
Golar’s FLNG unit set for 2028 deployment to Argentina
Golar advances on a 20-year FLNG charter Argentina deployment slated for 2028 Total export capacity could reach 6mtpa SINGAPORE (ICIS)--Energy infrastructure operator Golar LNG has cleared all...
Plant status: China’s Zhejiang Transfar to shut No 2 PBR plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhejiang Transfar Location: Jiaxing, Zhejiang, China Product: Polybutadiene rubber (PBR) Capacity (tonnes/year): 120,000 Event start: Late...