Industry News
Chemical Industry News
Prices in RCF India urea import tender surpass expectations as global supply tight
LONDON (ICIS)--In India, prices offered in the latest import tender for urea are above expectations, as global availability is tight while Indian demand is increasing. The lowest offer in the...
Will HIV prevention get where it’s needed?
Gilead and its partners’ efforts to distribute generic lenacapavir could be derailed by cuts in international aid budgets
Seventy-year search for simpler route to valuable reactive intermediate ends
Ortho-quinodimethane made under mild conditions from common reagents
Selective and reversible adsorption of gases
Using an electrically switchable composite of carbon and silicon dioxide, a research team at TU Darmstadt has for the first time specifically removed gases such as carbon dioxide, nitrogen or argon from the gas phase
How tire abrasion pollutes water and endangers animals
Tires abrade fine particles when driving. These contain a complex mixture of different compounds, including toxic substances: heavy metals such as cadmium and zinc and organic substances such as the ozone protection or antioxidant 6-PPD.
HORIBA opens new Analytical Solution Plaza to support UK science and research
HORIBA has expanded its worldwide network of Analytical Solution Plazas with the opening in the UK of its latest advanced technology centre. Sited in the centre of the country on MIRA Tech Park, the HORIBA
Moody’s lowers US Dow’s rating on prolonged chem downturn
HOUSTON (ICIS)--Moody's Ratings lowered Dow's credit rating one notch because it has maintained elevated dividend payouts and share buybacks amid a prolonged downturn in the chemical industry. The...
NYMEX: US natural gas futures see slight rise despite limited demand expectations
US natural gas futures started the week off with a slight increase on 7 July, despite limited weather and feedgas demand expectations The August ’25 front-month contract settled at $3.412/MMBtu, up...
INSIGHT: US tariffs of 25% on South Korea, Japan to hit aromatics imports
NEW YORK (ICIS)--US tariffs of 25% on all imports from South Korea and Japan will significantly impact the US aromatics market, resulting in higher priced material, lower import volumes or both. US...
CRUDE SUMMARY: Oil prices up as market confident it can absorb unexpected OPEC+ production hike
Larger-than-expected OPEC+ production hike fails to dampen market Further uncertainty on US trade policy similarly does not impact prices Weak dollar continues to be supportive for crude LONDON...
Phillips 66 declares FM at Bayway PP facility
HOUSTON (ICIS)--Phillips 66 has released a letter notifying customers of a force majeure event at its Bayway polypropylene (PP) facility in Linden, New Jersey, US. The force majeure event is due to...
Ecuador’s LNG imports could start this year if FSRU is secured
Ecuador's Flopec has issued a requirement for an FSRU to operate in Ecuador for a period of 1-5 years The requirement is likely intended to bring a vessel to import LNG to Sycar's Jambeli terminal...
Americas/EMEA base oils supply outlook: Week of 7 July
SINGAPORE (ICIS)--US base oils supply could stay tighter at start of Q3 2025 after plant-maintenance work in domestic and overseas markets cuts availability in Q2 2025. US base oils supply lags...
Americas/EMEA base oils demand outlook: Week of 7 July
SINGAPORE (ICIS)--US base oils demand could stay cautious at time of year when buying interest typically slows. Rise in base oils margins stays relatively muted in Q2 2025 even with tighter supply...
Asia base oils supply outlook: Week of 7 July
SINGAPORE (ICIS)--Asia’s base oils price-premium to Singapore gasoil price stays at elevated levels for heavy grades, lower-than-usual levels for light grades. Base oils margins incentivize...
Asia base oils demand outlook: Week of 7 July
SINGAPORE (ICIS)--Asia’s base oils demand could weaken in coming weeks amid seasonal slowdown in consumption. Signs of more prolonged and widespread drop in regional lube consumption from...
Global base oils cargo flows: Week of 7 July
SINGAPORE (ICIS)--Several larger cargoes of Group II base oils load from Taiwan since end-June 2025, with most of the supplies moving to southeast Asia. Cargo-loadings from Taiwan see slowdown in...
US proposes 25% tariffs on Japan, S Korea; blow to aromatic imports
HOUSTON (ICIS)--The US has proposed on Monday tariffs of 25% on imports from Japan as well as from South Korea, which was the top source of US imports of aromatics and base oils in 2024.
US July CX contract edges up with feedstock
LONDON (ICIS)--The US cyclohexane (CX) contract price for July increased by 0.7% from June. The US CX contract price is calculated by formula, based on the US monthly benzene contract settlement and...
Europe July CX contract increases with feedstock, despite lower Q3 delta
LONDON (ICIS)--The European July cyclohexane (CX) contract price has settled at €852/tonne, up by €21/tonne from June, following an increase in upstream benzene costs and a slight dip in the Q3...