Industry News
Chemical Industry News
Nanotechnology: Study shows urgent need for reference materials
Whether in electronic components, innovative medicines, or modern environmental analysis, nanomaterials are found in many technologies of the future. Precise reference standards are needed to ensure that they can be used safely and reliably. However,
NYMEX: Less weather demand pushes US natural gas futures lower
US natural gas futures fell again on 22 July, on lower expected weather demand and reduced feedgas nominations to US LNG plants The August ’25 front-month contract settled at $3.252/MMBtu, down...
INTERVIEW: ACD opposes potential merger between US railroad giants – CEO
NEW YORK (ICIS)--The Alliance for Chemical Distribution (ACD) firmly opposes any merger between US Class I railroad companies amid press reports of deal talks between Union Pacific and Norfolk...
US may reduce tariffs on Indonesia imports of palm oil, PKO
HOUSTON (ICIS)--The US may reduce tariffs on Indonesian imports of palm oil and palm kernel oil (PKO), which are used to make fatty acids, it said on Tuesday. The concession is part of a framework...
US to impose 19% tariff on Philippines imports under trade deal
HOUSTON (ICIS)--The US and the Philippines reached a trade deal, under which the US will impose 19% tariffs on imports from the island nation, while its shipments will enter the country duty free,...
CRUDE SUMMARY: Oil prices down as US trade deal deadline of 1 August looms
US threatening 30% tariffs on EU goods, risk to oil price upside if EU imposes reciprocal tariffs Risk of trade war escalation set to weigh on sentiment EIA inventory data out on Wednesday, focus on...
US Sherwin-Williams lowers guidance, expects chem deflation in H2
HOUSTON (ICIS)--Sherwin-Williams expects prices for some of its petrochemical feedstock to decline during the second half of 2026 amid a weakening demand outlook that led the paints and coatings...
Brazil’s June lube demand extends fall
SINGAPORE (ICIS)--Brazil’s lube demand fell in June for a fourth month, adding to signs of a slowdown in the country’s economic activity. Falling lube demand raised the prospect of cutting the...
Europe July ECH prices largely roll in line with propylene, flat conditions
LONDON (ICIS)--Europe epichlorohydrin (ECH) freely negotiated contract prices are holding for July, in line with propylene feedstock stability and flat but still muted ECH fundamentals. Rollovers...
Europe July epoxy resins largely quoted softer, some rollovers too
LONDON (ICIS)--There has been some price softening for Europe epoxy resins in July, in a weak market and in order to defend volume against competition, although rollovers were also heard. July...
Canada June producer prices rise 0.4% from May, chemicals inch up 0.1%
TORONTO (ICIS)--Producer prices in Canada, as measured by the industrial product price index (IPPI), rose 0.4% month on month in June, according to the latest data by federal agency Statistics Canada...
Two new LNG FSRUs kick off Egypt operations
Energos Eskimo, Energos Power FSRUs go online in Egypt Brings relief as vessels have idled near terminals More FSRUs planned amid ongoing high demand LONDON (ICIS)--The Energos Eskimo and Energos...
INTERVIEW: US chemical distributors clamor for tariff clarity – ACD CEO
NEW YORK (ICIS)--US chemical distributors are calling for trade agreements with key trading partners that would bring some level of certainty to tariff levels, said the head of the Alliance for...
Heightened Spanish gas demand for power generation after April blackout continues
Increased Spanish gas-for-power demand following April blackout Higher power demand offsets falling industrial consumption Low shipping rates could incentivise floating storage uptake LONDON...
Plant Status: Lotte declares FM on EG at Lake Charles, Louisiana
LONDON (ICIS)--Here is a plant status report: Name: Lotte Location: Lake Charles, Louisiana, US Product: Ethylene glycols (EG) Capacity (tonnes/year): 800,000 Event start: 21 July Event finish:...
CSS/CDS MONTHLY: Most efficient gas-plants back in profit for front-quarter, low wind and EU tariff risks could further boost Q4 ’25 margins
LONDON (ICIS)-- German front-quarter clean spark spreads (CSS) have returned to positive levels during peakload generation and are also positive for baseload generation at Germany’s most efficient...
Germany’s exports to US to fall by one-third, economist warns chemical firms
LONDON (ICIS)--German chemical, pharmaceutical and other companies can expect to see a sharp decline in their exports to the important US market, as a result of tariffs, Jorg Kramer, chief economist...
EU interconnector use up year on year in Q2 as gas flows reroute to Ukraine – ACER
Ukraine attracts large imports amid high storage demand in Summer '25 Flows rerouted east to west to meet Ukraine demand after Russian transit expiry, post Russian transit expiry Italy absorbs large...
EU hits flag registries, planned Russian LNG plant in new sanctions
Flag registries, planned Russian plant included in EU sanctions Limited market impact expected Three LNG tankers removed from sanctions LONDON (ICIS)--The EU adopted its 18th and latest sanctions...
Agilyx to acquire 44% of Germany’s GreenDot Global, strengthens Europe presence
LONDON (ICIS)--US-based chemical recycler Agilyx ASA has entered into a binding agreement to acquire 44% of Germany’s GreenDot Global S.a r.l (DerGruenePunkt), expanding Agilyx’s reach into...