Industry News
Chemical Industry News
China’s CNOOC Daxie Petrochemical plans POE project at Ningbo
SINGAPORE (ICIS)--China’s CNOOC Daxie Petrochemical is planning to construct a 100,000 tonne/year polyolefin elastomer (POE) project at Ningbo in Zhejiang province, a source familiar with the...
Mideast isocyanate offers largely steady amid weak buying momentum
Singapore (ICIS)--Spot offers and selling indications for isocyanate exports to the Middle East (Mideast) were mostly stable ending 23 October, as most sellers maintained prices while facing...
China remains a net exporter for OX in Sept, down 1.34% on month
SINGAPORE (ICIS)--China export of orthoxylene (OX) in September fell by 1.34% month on month to 18,979 tonnes, according to ICIS Supply & Demand data base. India remains the country’s top...
Egypt’s Suez Canal Authority signs $2 billion petrochemical complex deal
SINGAPORE (ICIS)--Egypt’s Suez Canal Authority (SCA) has signed a strategic partnership agreement with Anchorage Investments to build a petrochemical complex in Ain Sokhna, the state-owned firm...
China’s Guangxi Hengyi starts up Phase 1 capro project
SINGAPORE (ICIS)--China’s Guangxi Hengyi has started up the first phase of its 1.2 million tonne/year integrated caprolactam-polyamine project at Qinzhou, its parent company Hengyi Petrochemical...
China’s Sept MEG imports up 4.6% on resumed Saudi supply
SINGAPORE (ICIS)--China’s monoethylene glycol (MEG) imports rose in September amid more flows from Saudi Arabia, though most other regions saw drops in volumes, according to the ICIS Supply &...
Thailand central bank flags Q3 economic contraction amid US tariffs
SINGAPORE (ICIS)--The Thai central bank revised down its third-quarter output projection to -0.5% on a quarter on quarter basis amid temporary plant closures and the impact of US tariffs, it said on...
Oil prices rise after fresh US sanctions on Russia’s top oil firms
SINGAPORE (ICIS)--Oil prices climbed in early Thursday trade after fresh US sanctions on Russia’s two largest producers, Rosneft and Lukoil, intensified supply concerns. Brent-Dubai spread widens,...
Mexico Orbia maintains 2025 guidance despite Q3 loss
HOUSTON (ICIS)--Mexican vinyls producer Orbia reaffirmed on Wednesday its earnings guidance for 2025 despite reporting a Q3 net loss. Orbia expects to report $1.10-1.20 billion in 2025 adjusted...
APLA ’25: Chemical prices ‘close to the bottom’ – Anastacio CEO
CANCUN, Mexico (ICIS)--Steadily falling chemical prices should be close to bottoming out, said the CEO of chemical distributor Quimica Anastacio. “Our view is that our prices are mostly pretty...
APLA ’25: Anastacio growing Mexico business, seeks further expansion in LatAm – CEO
CANCUN, Mexico (ICIS)--Brazil-based chemical distributor Quimica Anastacio is steadily growing its business in Mexico, including with smaller- to medium-sized customers, and is seeking further...
New US sanctions on Russian oil firms include refiners
HOUSTON (ICIS)--The latest US sanctions on the Russian oil firms Lukoil and Rosneft include several refineries, the nation's Department of the Treasury said on Wednesday. The sanctions prohibit US...
UK’s new national laboratories site will support ‘invisible infrastructure’ of measurements that keep world in sync
£20 million investment by LGC will boost country’s analytical and metrology capabilities
(−)-Novofumigatonin
Oxidations abound in this satisfying synthesis, with a delicate nitrile hydrolysis to finish
Explainer: the Welch Award in Chemistry
Many people have never heard about one of the biggest awards in chemistry. Chemistry World sets the record straight.
Quantum tunnelling drives aromaticity flip-flop
Augmented pentalene structure could be a molecular Schrödinger’s cat, aromatic and antiaromatic at the same time
South Korea toluene exports to India move at a gradual pace
SINGAPORE (ICIS)--Exports of toluene from South Korea destined for India totalled around 15,413 tonnes during 1-20 October, gathering some footing following a sharp drop in early October, market...
China to curb gas facilities monopoly, enhance marketization during 15th Five-Year Plan
China to expand fair pipeline access Large industrial users may benefit Minimal impact on city gas companies SINGAPORE (ICIS)--As China drafts its 15th Five-Year Plan, policymakers signal a continued...
Dutch AkzoNobel incurs net loss in Q3 on Australia court case provisions
SINGAPORE (ICIS)--AkzoNobel's net loss amounted to €194 million in the third quarter amid provisions recorded over a long-running Australian court case, the Dutch paints and coatings major said on...
China Sep lubricant imports fall vs Aug on weak offtake; exports rise
SINGAPORE (ICIS)--China’s lubricant imports dropped by 2.56% month on month to 26,958 tonnes in September, according to the ICIS Supply & Demand Database. The small decrease was because of...