Industry News
Chemical Industry News
Colombia’s inflation continues decline to 4.82% in June
SAO PAULO (ICIS)--Colombia's annual inflation rate fell to 4.82% in June, down from 5.05% in May, the country’s statistics office Dane said this week. The figure represented the lowest level since...
THE summer premium to TTF volatile amid storage auctions
German storage hedging lifts its summer products, pressures its winter relative to TTF Recent Rehden capacity sale triggered some August buying, but strong early injections could prompt some market...
Brazil’s inflation slightly up in June, interest rates now dependent on US tariffs effect on currency
SAO PAULO (ICIS)--Brazil's annual rate of inflation stood in June at 5.35%, up from May’s 5.30%, on the back of higher electricity costs that continue to burden household budgets, the country’s...
DTEK and Fluence target October start for Ukraine’s largest battery storage project
DTEK and Fluence enter final phase of 200MW/400MWh battery storage rollout Project to help stabilize Ukraine’s war-damaged grid Commercial operations to begin October 2025 LONDON...
SKW Piesteritz to bring down urea, ammonia plants for maintenance
LONDON (ICIS)--SKW Piesteritz plans to shut down its urea-melamine complex and ammonia plant 2 at Lutherstadt Wittenberg in Germany’s Thuringia state for maintenance work, scheduled from 18 August...
US May base oils exports to Europe rise
SINGAPORE (ICIS)--US base oils exports to Europe rose to an eight-month high in May, at the same time as plant-maintenance work curbed regional supply of Group I and Group III base oils. The pick-up...
“World’s largest” renewable hydrogen and ammonia plant commissioned in China
LONDON (ICIS)--On 10 July, Chinese renewable energy company Envision Energy announced the commissioning of the “world’s largest” renewable hydrogen and ammonia facility, powered entirely by an...
Asia’s May lube demand falls
SINGAPORE (ICIS)--Asia’s lube demand fell in May for the first time in six months as a dip in consumption extended from India to southeast Asia markets like Thailand and the Philippines and further...
UK government to reform national electricity pricing system after ruling out zonal pricing
The UK government has decided to reform the existing national electricity pricing system, announced 10 July A single national price in the wholesale market will be retained, and zonal pricing will...
UK hydrogen, wind to benefit from €8.7 billion investment from Japanese firm
LONDON (ICIS)--On 9 July Japanese investment company Sumitomo Corporation signed a memorandum of understanding with the UK government, committing to an investment of up to £7.5 billion (€8.7...
Europe Q3 MA contract prices decrease on lack of demand
LONDON (ICIS)--European maleic anhydride (MA) Q3 contracts settled at a €60/tonne decrease from the second quarter of 2025. The ICIS quarterly contract price assessment is a delta-only assessment....
INSIGHT: US-Brazil tariff war would hit US caustic soda, PE, acetic acid, styrene exports
NEW YORK (ICIS)--The surprise US threat of 50% tariffs on imports from Brazil effective 1 August and Brazil’s response pointing to retaliation puts key US chemicals and plastics exports at risk. In...
Brazil’s stocks, real fall as US tariffs could eat 0.5% to GDP growth – analysts
SAO PAULO (ICIS)--Brazil’s currency and stocks opened on Thursday with falls after the US said it would impose hefty tariffs on Brazilian goods, which could eat 0.5% into Brazil’s GDP in a...
Ethiopia agrees $3 billion investment in its fertilizer sector
LONDON (ICIS)--Ethiopia has approved a deal with Nigerian billionaire Aliko Dangote, Africa’s richest individual, to build a major fertilizer plant in the country. Dangote has announced his...
The fungal source of Titian’s rich reds
Laccaic acid, thought to be produced by lac insects, is produced by a symbiont similar to the zombie ant fungus
analytica USA: Expert knowledge for research and practice
From September 10 to 12, 2025, the first analytica USA, international trade fair for laboratory technology, analysis and biotechnology, will open its doors in Hall B of the Greater Columbus Convention Center in Columbus, Ohio.
Why is a prehistoric creature still vital for the pharmaceutical industry?
Every year, horseshoe crabs are harvested for their blue blood, but alternatives are now coming through that could help protect these ancient animals
Two more European crackers to close
Sabic will not reopen UK plant and Dow will close another in Germany
Progress towards potassium-ion batteries
Potassium-ion batteries could have a higher energy density than sodium-ion batteries. This is important for large-scale energy storage such as for renewable energy. In a review published in Science and Technology of Advanced Materials, researchers
Producing Desired Epoxides from Pollutants
New biocatalysts can produce useful epoxides from harmful styrene, and do this so selectively that only the desired compounds are formed and not their undesirable counterparts. This result was achieved by a group of doctoral