Industry News
Chemical Industry News
US Huntsman cuts dividend on global challenges
HOUSTON (ICIS)--Huntsman cut its dividend because of slowdowns in the US, Europe and China, the CEO said on Friday. The company lowered its dividend by 65% to 35 cents/share. In China, consumer...
Plant status: Novapet, Spain, back to nominal rates on large line ahead of shutdown on smaller line
LONDON (ICIS)--Here is a plant status report: Name: Novapet Location: Barbastro, Spain Product: PET Capacity (tonnes/year): 130,000 Event start: July Event finish: Q4 Reason: Commercial Comments:...
Plant status: Indorama’s (UAB) PET plant in Lithuania restarting after maintenance shutdown
LONDON (ICIS)--Here is a plant status report: Name: UAB Orion Global Location: Klaipeda, Lithuania Product: PET Capacity (tonnes/year): 263,000 Event start: September Event finish: November Reason:...
US Celanese’ sales decline in Q3 as customers remain cautious amid geopolitical uncertainty
HOUSTON (ICIS)--Celanese said sales volumes in Q3 were lower than expected across both businesses as customers in some key end markets remain cautious amid lingering geopolitical risks, the US-based...
Plant status: Spain’s Novapet due to go into maintenance on PET end-November until further notice
LONDON (ICIS)--Here is a plant status report: Name: Novapet Location: Barbastro, Spain Product: PET Capacity (tonnes/year): 100,000 Event start: November Event finish: Until further notice Reason:...
AdvanSix flags Q4 earnings hit from nylon plant outage
HOUSTON (ICIS)--AdvanSix expects to record a negative $7-9 million impact on Q4 earnings before interest, tax, depreciation and amortization (EBITDA) related to an operational issue at its nylon 6...
Europe OX spot prices down, PX values stable amid softer upstream costs and subdued demand
LONDON (ICIS)--Orthoxylene (OX) spot prices in Europe were assessed down this week, while paraxylene (PX) prompt values remained stable, according to market feedback gathered by ICIS. Demand for both...
AmSty not rationalizing capacity despite Q3 loss – US Trinseo
HOUSTON (ICIS)--Trinseo expects no immediate plans to rationalize styrene capacity at Americas Styrenics (AmSty) despite the joint venture’s negative equity income of $2 million in Q3, executives...
European acetone spot truck prices hold despite ongoing lengthy market
LONDON (ICIS)--European acetone free delivered (FD) spot prices were stable this week. Activity remains muted and this is unlikely to change before year-end. Destocking has yet to take place and it...
AdvanSix tracks US red meat demand for packaging market impacts – CEO
HOUSTON (ICIS)--AdvanSix is monitoring how inflationary pressures and tariffs are impacting red meat demand in the US, the CEO of the US-based nylon 6 producer said on Friday. Nylon 6 is preferred in...
Europe methanol spot prices snap 8-week downturn to rise 2 percent
LONDON (ICIS)--European methanol spot prices rebounded by 2%, marking the first price increase in 8 weeks. Spot physical trading seen in the week on an FOB Rdam basis: Day Deal (€/tonne) Loading...
Plant status: AmSty US Hanging Rock US Ohio PS facility restarts – sources
HOUSTON (ICIS)--Here is a plant status report: Name: Americas Styrenics (AmSty) Location: Hanging Rock, Ohio, US Product: Polystyrene (PS) Capacity (tonnes/year): 170,000 Event start: 1 October 2025...
Corrected: Europe toluene November contract price assessed up by $15/tonne
Correction: In the ICIS article originally headlined "Europe toluene November contract price assessed stable" dated 7 November 2025, please read in the headline and first paragraph ... assessed up by...
Plant status: MEGlobal schedules turnaround at Canada EG/EO site for summer 2026
HOUSTON (ICIS)--Here is a plant status report: Name: MEGlobal Location: Fort Saskatchewan, Alberta, Canada Products: Ethylene glycol (EG), ethylene oxide (EO) Capacity (tonnes/year): 460,000 EG,...
Pfizer and Novo Nordisk’s battle over Metsera
Lawsuits fly in bidding war over developer of next generation weight loss drugs
Beer yeast leftovers spun into a promising sustainable yarn 50% stronger than wool
Brewery waste can be turned into a cheap, environmentally-friendly textile
Europe plasticizers prices steady despite weak market fundamentals
LONDON (ICIS)--European plasticizers spot prices plateaued in the first week of November, as fundamentals remained stable with ample supply and subdued underlying demand. Dioctyl terephthalate (DOTP)...
Plant status: Equinor restarts methanol plant following maintenance in Norway
LONDON (ICIS)--Here is a plant status report: Name: Equinor Location: Tjeldbergodden, Norway Product: Methanol Capacity (tonnes/year): 900,000 Event start: October Event finish: 3 November Reason:...
East China acetone inventories up by 9.3% to 23,500 tonnes
SINGAPORE (ICIS)--Acetone inventories at Jiangsu ports in east China have increased to 23,500 tonnes in the week ended 7 November, ICIS data showed on Friday. The inventories were up by 9.3% from...
Vietnam PP prices stable, buying sentiment still weak
SINGAPORE (ICIS)--Polypropylene (PP) prices in Vietnam are stable amid weak buying sentiment as converters remain keen to maintain lean feedstock inventories to end the year. Dutiable flat yarn...