Industry News
Chemical Industry News
CRUDE SUMMARY: Crude prices up on week, but bearish factors pare gains on Friday
Market factoring in confirmation of OPEC September production hike US tariff policy weighing on prices as India and Canada yet to sign trade deals US July jobs data weak as previous months’ new...
US AdvanSix faces headwinds from low auto inventories amid uncertain tariff policy
HOUSTON (ICIS)--US nylon 6 producer AdvanSix continues to see headwinds for engineered plastics amid a drawdown in auto inventories alongside uncertain tariff and trade policy impacting demand...
‘No reason to panic’ – Peter Huntsman
HOUSTON (ICIS)--Huntsman sees “no reason to panic, nor to be overly optimistic” as it enters Q3, CEO Peter Huntsman told analysts during the US-based chemical producer’s Q2 earnings call on...
OUTLOOK: US H2 MMA to face demand headwinds amid new supply
HOUSTON (ICIS)--US H2 methyl methacrylate (MMA) will be challenged by a lack of seasonality and tariff turmoil. Feedstock refinery-grade propylene (RGP) trading has become far less frequent, raising...
Europe CX August contract gains with feedstock
LONDON (ICIS)--The European cyclohexane (CX) August contract price has settled at €868/tonne, up by €16/tonne from July, following an increase in upstream benzene costs. The CX contract is...
US CX August contract climbs with feedstock
LONDON (ICIS)--The US cyclohexane (CX) contract price for August increased by 3% from July. The US CX contract price is calculated by formula, based on the US monthly benzene contract settlement and...
Brazilian chemicals sector hit hard by tariffs, urgent diplomatic solution needed – Abiquim
MADRID (ICIS)--Brazil's chemicals producers trade group Abiquim expressed on Friday deep concern over the US government decree establishing an additional 40% tariff on most Brazilian products from 6...
Mexican chemicals industry remains wary despite 90-day US tariff delay
MADRID (ICIS)--Mexico's chemicals sources expressed mixed reactions to the US decision to postpone 30% tariffs for 90 days, with some players highlighting continued market uncertainty and underlying...
Mexico’s manufacturing slightly up in July as it receives tariff reprieve
MADRID (ICIS)--Mexico's manufacturing sector showed signs of stabilization in July with the softest deterioration since January despite remaining in contraction territory for the 13th consecutive...
DTEK bids for full 150MW wind quota in Ukrainian green energy auction
DTEK bids for entire 150MW wind quota Poised to secure 12-year fixed-tariff support Boost to Ukraine’s green energy capacity LONDON (ICIS)--Ukraine’s largest private energy company, DTEK, has...
Europe August phenol contract up on firmer benzene
LONDON (ICIS)--European August phenol contract prices have increased by €16/tonne. This is a result of the €16/tonne rise in the benzene contract for August and the adders remaining unchanged. No...
Europe toluene August contract price up on previous month
LONDON (ICIS)--The European toluene August contract price has settled at an increase of $30/tonne, or 4%, from July. With contract parties having confirmed neither settlement nor number, ICIS...
OUTLOOK: US H2 epoxy resins to navigate challenging economic environment
HOUSTON (ICIS)--US H2 epoxy resins is facing a challenging environment with persistent tariff and economic headwinds that make it difficult to forecast price and demand. While the settlement of...
EBRD launches tender for second electricity interconnector linking Romania and Moldova
LONDON (ICIS)--The European Bank for Reconstruction and Development (EBRD) has launched a tender for the construction of a critical 400kV power line linking Moldova to Romania. The high-voltage line...
US August benzene contract settles up month on month, at highest level since March
HOUSTON (ICIS)--The US August benzene contract rose 17 cents/gal from July and has settled at $2.89/gal ($868.85/tonne) FOB (free on board) US Gulf, according to multiple market players. Although...
Discounts available for Europe PC buyers purchasing beyond contracted volumes
LONDON (ICIS)--European polycarbonate (PC) sellers, keen to move more product, are offering special discounts for material bought beyond contracted volumes. Multiple reductions have been heard for Q3...
WEEKLY GAS OUTLOOK: High temperatures to drive demand levels in week 32 as tariff uncertainty ongoing
US global tariffs, EU-US trade deal could drive market uncertainty Above-norm winds to persist, limiting gas-for-power demand Western Europe subject to above-norm temperature LONDON (ICIS)--European...
Rare diamond with unique hexagonal structure is harder than natural counterpart
Millimetre-sized chunks of unusual carbon allotrope were synthesised from graphite
Wordle meets the periodic table: Five games to test your chemistry knowledge
Love Wordle and chemistry? Combine the two with these daily chemistry-themed word games
Letters: August 2025
Readers continue celebrating benzene and debating the use of glyphosate