Industry News
Chemical Industry News
Plant status: US Dow restarts Freeport PE units Poly 5, Poly 7
HOUSTON (ICIS)--Here is a plant status report: Name: Dow Location: Freeport, Texas, US Product: Linear low density polyethylene (LLDPE) Capacity (tonnes/year): 400,000 (Poly 5); 600,000 (Poly 7)...
CRUDE SUMMARY: Oil prices slide as US, China enact tit-for-tat port fees on each other’s vessels
US-China port fees escalation likely to weigh on demand for range of industrial goods US increasing pressure on India to reduce Russian crude imports Such sanctions likely to boost demand for...
Polish November gas capacity bookings suggest strong flows
By Brendan A'Hearn High interest in Polish gas transmission capacity for November Strong flows expected amid early cold, rising demand Withdrawals likely to pick up later in the gas winter LONDON...
APLA ’25: Global and South America PET market oversupply to persist – ICIS
CANCUN, Mexico (ICIS)--The global oversupply of polyethylene terephthalate (PET) is expected to persist and continue to impact the net import region of South America, an ICIS analyst said. “PET...
US to impose tariffs on heavy trucks, extends offset for light autos
HOUSTON (ICIS)--The US will impose tariffs of 25% on imports of medium- and heavy-duty trucks and truck parts and 10% on imports of buses - all while extending a tariff offsetting program, the...
Plant status: Westlake has leak at US BPA unit
HOUSTON (ICIS)--Here is a plant status report: Name: Westlake Epoxy Location: Deer Park, Texas, US Product: Bisphenol A (BPA) Capacity (tonnes/year): 185,000 Event start: 19 October Event finish: 19...
APLA ’25: Higher US import tariffs on Colombia could greatly impact chemicals
CANCUN, Mexico (ICIS)--Colombian chemicals sources are increasingly concerned about the verbal spat between President Gustavo Petro and his US peer Donald Trump, who is threatening to impose hefty...
Europe DEG, TEG spot prices fall on weak demand
LONDON (ICIS)--European diethylene glycol (DEG) and triethylene glycol (TEG) spot values were assessed down in the week ending 17 October as demand continues to disappoint. DEG truck values decreased...
EU energy ministers sign off Russian gas phaseout approach, allowing compromise talks to start
EU energy ministers greenlight position on ending Russian fuel imports Trilogue negotiations with European Parliament can now begin to agree final law Council and Parliament propose different...
Europe MEG bulk softens, truck firms amid dull demand, shipping confusion
LONDON (ICIS)--Prices in the European monoethylene glycol (MEG) bulk market were assessed down on 17 October as demand remains dull, but truck prices were assessed up at the low end due to congestion...
Europe LPG prices fall on upstream weakness, propane-naphtha spread little changed
LONDON (ICIS)--European spot prices for liquefied petroleum gas (LPG) cargoes declined into the latter half of October as further crude declines weighed on pricing in spite of reasonable fundamentals...
Indian phosphates buyers look for subsidy clarity before making further purchases
LONDON (ICIS)--Phosphate market activity remains subdued globally, with developments in India, Brazil, the US and Europe likely to be the main factors shaping sentiment in the short term. India...
France’s CRE launches consultation on Elengy proposal for LNG virtual reverse flow service
Proposed service allows exchange of gas for LNG The service could bring more liquidity to French trucked LNG sector Small capacity for service mean regasification activity should not be impacted...
German caustic soda ECU contract margins fall in week ending 17 October, energy costs rise
LONDON (ICIS)--Average German membrane electrochemical unit (ECU) contract margins fell in the week ending 17 October, as electricity costs increased. The electrochemical unit (ECU) value rose, with...
Poland’s second FSRU project at Gdansk enjoys strong market interest
Poland has rehashed plan on second FSRU at Gdansk following market survey indicating strong demand Survey showed almost half of the regasified LNG for the terminal would be exported to CEE countries...
Europe MPG spot prices stable on mixed sentiment
LONDON (ICIS)--Prices in the European monopropylene glycol (MPG) spot market remained steady in the week ending 17 October. The premium for MPG USP (pharmaceutical-grade) over MPGI...
All stirred up: chemical engineers refute claims that ‘stirring doesn’t matter’
Failing to mix reactions in heterogeneous or industrial systems could cause numerous issues and might even be dangerous, preprint claims
Neural network trained to classify crystal structure errors in MOF and other databases
Study serves as a reminder that machine learning models are only as good as the data they are trained on
AI tools tackle paper mill fraud overwhelming peer review
With more article submissions and fraudulent activity than ever before, journal peer review processes are creaking under the pressure. Nina Notman discovers how AI and automated tools are taking some of the strain
Plant status: China’s Zibo Xintai to shut Group II base oil unit in late Oct
SINGAPORE (ICIS)--Here is a plant status report: Name: Zibo Xintai Petrochemical Location: Zibo, Shandong, China Product: Group II base oils Capacity (tonnes/year): 200,000 Event start: 21-25 October...