Industry News
Chemical Industry News
SHIPPING: Asia-US container rates continue to slide; liquid tanker rates to EU edge lower
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to both US coasts continued to slide this week even as carriers are reducing capacity on the transpacific trade lane, while...
US July PGI, PG-USP contract prices roll over from June; no supply constraints seen yet this summer
HOUSTON (ICIS)--US July contract prices of propylene glycol (PG) were unchanged month on month. US market players are seeing no price increase proposals in late July, including no nominations for...
Abiquim proposes increase in external common tariff on caustic soda in Brazil
HOUSTON (ICIS)-–The Brazilian Chemical Industry Association (Abiquim) has submitted a new request to the federal government seeking to raise the External Common Tariff (TEC) applied to imports of...
US July acrylic acid and acrylate ester contracts settle at rollover, as feedstock prices remain steady
HOUSTON (ICIS)--US July acrylic acid and acrylate ester contracts have settled at a rollover for the second consecutive month, as feedstock prices continue to stay within a tight band. There has been...
CRUDE SUMMARY: Oil prices end down, had remained fairly stable throughout week
Friday ends a week of stable prices President Trump’s latest deadline looms Relationship between US and China is key to health of global economy LONDON (ICIS)--Crude benchmarks were down, but...
Mexico’s Orbia Q2 metrics worsen as markets remain depressed
MADRID (ICIS)--Orbia’s markets remain very challenging but there had been certain stabilization and “pockets” of growth in some segments, management at the Mexican chemicals producer said this...
Europe BPA spot range widens to reflect varied indications, mixed factors
LONDON (ICIS)--The Europe bisphenol A (BPA) spot price range has widened this week, amid limited and varied price indications, in a slow but relatively balanced market. A few domestic spot...
ICIS HYDROGEN INSIGHT WEEK 30 NEWS IN BRIEF
This news summary was generated via AskICIS. LONDON (ICIS)--Please find below a short summary of the key hydrogen stories ICIS published in week 30. Dutch OWE Subsidy Awards €1.78 Million per MW,...
INTERVIEW: US proposed 50% tariff on Brazil and threat of retaliation a concern – ACC official
WASHINGTON, DC (ICIS)--The proposed US tariff of 50% on imports from Brazil, and the potential for retaliation as Brazil has suggested is a major concern for the US chemical industry, said an...
European acetone spot dips in buyers’ market
LONDON (ICIS)--European acetone free delivered (FD) spot prices were lower this week as demand shrank further and supply easily outstripped market needs. Some prices were heard below the range and...
MB Energy secures permit for German hydrogen truck refuelling station
LONDON (ICIS)--On 23 July energy company MB Energy announced that it had received a building permit for a new hydrogen refuelling station for heavy-duty vehicles in Lubeck, Germany. Construction is...
India’s June base oils supply lags demand
SINGAPORE (ICIS)--India’s base oils supply fell in June as lower imports outweighed a pick-up in domestic output. The drop in supply contrasted with stronger demand, keeping blenders’ inventories...
HyHaul Mobility reaches €16 million FID for UK hydrogen HGV corridor
LONDON (ICIS)--On 24 July UK-based HyHaul Mobility announced that it had taken a final investment decision (FID) on a hydrogen-powered heavy goods vehicle (HGV) refuelling corridor, investing £14...
European Commission sends infringement notices on RED III transposition
LONDON (ICIS)--On 24 July 2025, the European Commission sent letters of formal notice to 26 member states for failing to transpose key provisions of the revised Renewable Energy Directive (RED III)...
Canada June manufacturing sales expected up 0.4% from May
TORONTO (ICIS)--Canadian manufacturing sales are expected to have inched up 0.4% month on month in June, following a 0.9% decline to Canadian dollar (C$) 68.7 billion (US$50.1 billion) in May,...
US August BD nominations lower on lengthening supply
HOUSTON (ICIS)--A US August butadiene (BD) contract nomination emerged lower as supply continues to be lengthened on diminished export demand. US BD Contracts (in cents/lb, separately issued) July...
Plant status: Petroquimica Río Tercero halts caustic soda, chlorine production amid financial crisis
HOUSTON (ICIS)--Here is a plant status report: Name: Petroquimica Río Tercero (PR3) Location: Río Tercero, Córdoba, Argentina Product: Caustic soda/chlorine Capacity (tonnes/year): 31,000 caustic...
Singapore’s June base oils imports fall
SINGAPORE (ICIS)--Singapore’s base oils imports fell to a 17-month low in June amid a slump in shipments from the US and Europe. Total imports of just over 33,800 tonnes in June were the lowest...
Europe Q3 TiO2 contract prices slide in poor conditions and strong competition
LONDON (ICIS)--Europe titanium dioxide (TiO2) contract prices have been pressured lower in Q3 by weak demand, ample supply and strong competition. Prices have dropped in Q3 to a similar level last...
ICIS GAS INSIGHT WEEK 30 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 30. Belgian gas transit to remain elevated in Q3 Belgium...