Industry News
Chemical Industry News
AI model links consumer ratings to white wines’ chemical profiles
Machine learning offers insight into how chemical markers influence perceptions of wine quality
New liquid can simplify hydrogen transportation and storage
Researchers at EPFL and Kyoto University have created a stable hydrogen-rich liquid formed by mixing two simple chemicals. This breakthrough could make hydrogen storage easier, safer, and more efficient at room temperature. Hydrogen can be
How to detect the amount of microplastics in food
How much microplastic is in the fish and seafood that ends up on our plates? The figures vary greatly. This is also due to the fact that food monitoring lacks standardized analysis methods to quantitatively
Supervisory Board of Bayer AG extends contract of CEO Bill Anderson
The Supervisory Board of Bayer AG has unanimously decided to extend the contract of CEO Bill Anderson (58) until March 31, 2029. His contract was originally set to end on March 31, 2026. Anderson joined
US June barge acetone contracts revised at split after late deal
HOUSTON (ICIS)--US June barge acetone contracts have been revised at a split following a late deal. Agreements stalled following a late-June deal at 49.75 cents/lb ($1,097/tonne). Another deal was...
NYMEX: US gas futures settle lower following storage data release
Front-month US natural gas futures edged downward on 17 July after the release of weekly US storage data produced early-session gains The August Henry Hub contract on NYMEX settled at $3.542/MMBtu,...
CRUDE SUMMARY: Oil prices up as latest US trade news was positive for demand expectations
Hopes that US trade agreements grow; near-term prices will remain volatile until deal is agreed Fed Chair unlikely to be removed before end of his term Rise in Middle East tensions increases risk...
Plant status: Kazakhstan’s KPI to resume Karabatan PP production next week
LONDON (ICIS)--Here is a plant status report: Name: Kazakhstan Petrochemical Industries Location: Karabatan, Kazakhstan Product: Polypropylene (PP) Capacity (tonnes/year): 500,000 Event start: 30...
European paraffin wax mired in uncertainty as Chinese sellers face challenges
LONDON (ICIS)--Chinese wax producers may look at reviewing their selling strategies as the US-China have yet to announce a long-term deal ahead of the 12 August deadline. The Chinese CIF (cost,...
Plant status: Pemex shuts LDPE plant in Mexico on technical issues
SAO PAULO (ICIS)--Here is a plant status report: Name: Pemex Location: La Cangrejera, Mexico Product: Low density polyethylene (LDPE) Capacity (tonnes/year): 105,000 Event start: 14 July Event...
European gasoil premiums hold firm amid tight supply, strong cracks
LONDON (ICIS)--European gasoil premiums held firm this week, supported by tight prompt supply, strong refining margins, and ongoing buying interest amid steady seasonal demand across the distillates...
US home builder confidence edges up on passage of Trump’s fiscal bill
HOUSTON (ICIS)--US builder confidence in the market for newly built single-family homes improved slightly in July following the passage of US President Donald Trump’s fiscal bill, the National...
Europe butyl-A softens with sellers eager to move volumes
LONDON (ICIS)--Spot prices in Europe's butyl acrylate (butyl-A) market decreased this week. The move down comes due to the weak demand and long supply picture. This means some sellers are under...
UK government proposes regulatory framework for hydrogen pipeline networks
LONDON (ICIS)--On 15 July the UK government launched a consultation on a proposed economic and regulatory framework for 100% hydrogen pipeline networks. The Department for Energy Security and Net...
Brazil Unigel in talks with creditors to halt payments
HOUSTON (ICIS)--Unigel is in talks with creditors to temporarily halt payments so it can strengthen its capital structure and focus on improving operations, the Brazilian styrenics and acrylics...
Europe AA contracts continue to cover weak demand
LONDON (ICIS)--The Europe acrylic acid (AA) spot market has seen prices remain stable once again, with most needs being met by contracted volumes. This price stability has come from the ongoing weak...
EUROPEAN BIOMETHANE UPDATE: Europe’s biomethane capacity reaches 7bcm in 2025; Italy to launch new tender
ICIS has expanded its European biomethane coverage, including comprehensive reporting on regulation, news, and analysis, along with ICIS data on biomethane production from key European countries. Our...
Lhyfe successfully subs natural gas for renewable hydrogen in Spanish ceramics project
LONDON (ICIS)--Renewable hydrogen producer, Lhyfe, announced on 10 July that it had successfully swapped out natural gas from a ceramics combustion process using renewable hydrogen. As well as this,...
US retail sales rebound 0.6% in June, beating expectations
HOUSTON (ICIS)--Following a 0.9% decline in May, US retail and food services sales rose 0.6% month on month to $720.1 billion in June, according to US Census Bureau data on Thursday. The June...
China sulphur port inventories up 51,000 tonnes
SINGAPORE (ICIS)--China’s sulphur port inventories rose to around 2.45 million tonnes on 17 July, because of intensive arrivals, ICIS data showed. This marks an increase of 51,000 tonnes from the...