Industry News
Chemical Industry News
Plant status: China’s Zhongjing Petrochemical restarts PP Line 3
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhongjing PC. Location: Fuqing, China Product: Polypropylene (PP) Capacity (tonnes/year): 600,000 Event start: 23 September Event finish: 27...
China’s average MTBE plant run rate slightly up to 58.4%
SINGAPORE (ICIS)--The average run rate of China’s methyl tertiary butyl ether (MTBE) plants increased to 58.4% in the week ended 26 September, up by 0.2 percentage points compared with the previous...
Plant status: China’s Shandong Yulong starts up No 2 MTBE plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Yulong Petrochemical Location: Longkou, Shandong, China Product: Methyl tertiary butyl ether (MTBE) Capacity (tonnes/year): 200,000...
US UAN values ease slightly on fresh prompt terminal trading
HOUSTON (ICIS)--US urea ammonium nitrate (UAN) values decreased slightly as there was fresh prompt terminal supply concluded but overall, the pace of domestic movement remains quite low. The softer...
NYMEX: US gas futures down slightly as gas inventories, LNG feedgas remain strong
US natural gas futures edged lower on 26 September, despite US LNG feedgas nominations reaching a high point for the month The October 2025 Henry Hub contract on NYMEX settled at $2.835/MMBtu, down...
US E-series glycol ether spot prices decline in September ’25; PM and PMA prices hold steady
HOUSTON (ICIS)-- US spot prices of E-series glycol ethers declined in September 2025 while month-on-month prices of P-series glycol ethers were unchanged. Butyl glycol (BG) and butyl diglycol (BDG),...
US September acrylic acid and acrylate contracts decline slightly on low end with slowing demand
HOUSTON (ICIS)--US September 2025 acrylic acid and acrylate ester contracts declined slightly on the low end of the price range this week. Prices remained flat on the high end. Contract prices fell...
SHIPPING: Asia-US container rates stable, liquid tanker rates steady to softer
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to the US were mixed but largely stable, while rates for liquid chemical tankers from the US Gulf were stable to softer....
CRUDE SUMMARY: Crude records largest weekly gain in three months as Russia cuts diesel exports
Market has shrugged off likelihood of restart of Iraq-Turkey pipeline exports Moscow set to ban diesel exports as regions experience domestic shortages US inflation edges up in August, negating...
Brazil’s Braskem shares plunge as external advisors mulling how to ‘optimize’ capital structure
SAO PAULO (ICIS)--Braskem’s publicly listed shares were falling more than 10% in Friday afternoon trading after the Brazilian polymers major said it is employing advisers to help it “optimize”...
US October BD contracts down broadening supply and demand fundamentals
HOUSTON (ICIS)--The October ICIS butadiene (BD) Contract Reference Price settled 0.75 cents/lb lower as domestic supply lengthens. The ICIS price is a direct average of the four producers' prices....
US core PCE inflation rises 2.9%; consumer sentiment falls
HOUSTON (ICIS)--The "core" US personal consumption expenditures (PCE) price index rose 2.9% year on year in August, following 2.9% in July and 2.8% in both June and May, according to data from the US...
US to impose tariffs on furniture, heavy trucks, patented pharma
HOUSTON (ICIS)--The US is imposing tariffs on a new batch of products, effective on 1 October. The following lists the tariffs: 100% duties on branded or patented pharmaceutical products made by...
South Korea’s August base oils output rises
SINGAPORE (ICIS)--South Korea’s base oils output rose in August to the highest in more than three years following the completion of a protracted round of plant maintenance work in the first half of...
European acetone spot FD prices stable, no upturn for demand
BERLIN (ICIS)--European acetone free delivered (FD) spot prices were stable again this week, according to the majority of market participants. However there was limited business done because many...
Canada GDP grows 0.2% in July, first increase in four months
TORONTO (ICIS)--Canada’s real gross domestic product (GDP) grew 0.2% month on month in July, following three monthly declines, according to data by federal agency Statistics Canada (StatCan) on...
Plant status: MOL Petrochemicals’ No 2 Hungarian cracker back online after maintenance
LONDON (ICIS)--Here is a plant status report: Name: MOL Petrochemicals Location: Tiszaujvaros, Hungary Products: Ethylene, propylene Capacity (tonnes/year): 290,000 (ethylene), 155,000 (propylene)...
ICIS POWER INSIGHT WEEK 39 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 39. Italy’s re-entry into PICASSO unlikely to cause...
Green Plains completes sale of Tennessee ethanol plant to POET
HOUSTON (ICIS)--US biofuels company Green Plains has completed the previously announced sale of its 120 million gal/year ethanol plant at Rives, Tennessee, to POET Biorefining, for $190 million in...
Europe DEA prices firm in September, MEA prices steady as supply tightens on maintenance
LONDON (ICIS)--European monoethanolamine (MEA) and diethanolamine (DEA) markets have seen availability contract into September on the back of a heavy turnaround calendar and little to no imports in...