Industry News
Chemical Industry News
Serbia to sign three-year gas supply deal with Russia’s Gazprom in October
Serbia will sign a three-year deal for 2.5bcm/year with Russia’s Gazprom in October Contract “burdened” by the recent sanctions announced by the European Commission against Russia Serbia has no...
Is UK pharma really ‘uninvestable’?
Merck & Co, AstraZeneca (AZ) and Eli Lilly pulling UK projects highlights the precarious position of the country’s life sciences industry
Titanium dioxide loses EU carcinogen label after court ruling
EU products no longer have to carry warnings about cancer risk from inhalation
One-pot atom swap chemistry allows direct indole-to-benzimidazole conversion
Industrial chemists set to benefit from addition to skeletal editing toolbox
Chief Financial Officer Maike Schuh departs Evonik
After ten years at Evonik, Maike Schuh is leaving the company at her own request. A trained lawyer, Schuh had been a member of the Executive Board since April 2023, responsible for the finance department.
Spin-off “AERO MATERIALS” launches with nanomaterials
With a material that consists of more than 99.9 percent air, the new start-up "AERO MATERIALS" aims to optimize technical motion sequences and air pressure systems. The extremely lightweight material was developed over a decade
Boron replaces metal: Element forms complexes with olefins
The team led by chemistry professor Holger Braunschweig at the University of Würzburg is investigating the ‘metal-mimetic’ properties of main group elements such as boron. They have shown that under certain conditions, boron can mimic
Sluggish uptake of Taiwan rPET feedstock to continue
SINGAPORE (ICIS)--Spot buying of post-consumer bottle bales, used as feedstock for recycled polyethylene terephthalate (rPET), is expected to remain weak in Taiwan due to various factors. Taiwan...
Singapore’s A*STAR partners with Amogy for ammonia-to-power technologies
SINGAPORE (ICIS)--US-based clean technology provider Amogy on Tuesday said that it has signed an agreement with Singapore's Agency for Science, Technology and Research (A*STAR) to collaborate on the...
Asian rPET exporters face stalled discussions with US buyers
SINGAPORE (ICIS)--Asian producers of recycled polyethylene terephthalate (rPET) have halted or delayed majority of exports bound to the US amid the imposition of tariffs. Exporters to the US, mainly...
Plant status: China’s Sinopec Mitsui Chemicals restarts its BPA plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Mitsui Chemicals Location: Caojing, Shanghai, China Product: Bisphenol A (BPA) Capacity (tonnes/year): 120,000 Event start: 9 September...
Plant status: Thailand AGC Vinythai to shut ECH plant in Nov
SINGAPORE (ICIS)--Here is a plant status report: Name: AGC Vinythai Location: Map Ta Phut, Thailand Product: Epichlorohydrin (ECH) Capacity (tonnes/year): 120,000 Event start: 1 November 2025 Event...
ExxonMobil starts up new base stocks facilities in Singapore
SINGAPORE (ICIS)--ExxonMobil has started up new facilities at its Singapore complex that will increase Group II base stocks production capacity by 20,000 barrels/day, the oil major said on Tuesday....
US harvest stays steady with corn 11% completed, soybeans at 9%
HOUSTON (ICIS)--US corn harvesting is 11% completed with soybeans at 9%, according to the latest crop progress report from the US Department of Agriculture (USDA). The current rate of corn harvest...
Plaquemines LNG requests extra time for commissioning
Venture Global asks FERC for in-service deadline extension Filing cites pandemic, project size, future weather issues for delays Export plant to finish Phase 1 in 2026, then Phase 2 in 2027 HOUSTON...
NYMEX: US gas futures ease following drop of LNG feedgas nominations
US natural gas futures edged lower on 22 September, as LNG feedgas nominations dropped over the weekend The October 2025 Henry Hub contract on NYMEX settled at $2.806/MMBtu, down 2.9% from the...
CRUDE SUMMARY: Crude benchmarks finish down as excess supply vies with geopolitical risk premium
Tensions in Europe are rising Concerns situation in Middle East could escalate Likely supply glut in Q4 capping impact of geopolitical concerns LONDON (ICIS)--Oil prices were down as geopolitical...
Colombia’s Ecopetrol seeks LNG supply for proposed Pacific coast project
Colombia's Ecopetrol is seeking LNG supply from August 2026 Domestic gas production forecast to decline, with various LNG infrastructure projects considered Supply bids due on 24 September HOUSTON...
Global petrochemicals issues keep fueling Brazil’s Braskem cash burn, high leverage – S&P
SAO PAULO (ICIS)--Brazilian polymers major Braskem’s financial flexibility continues to narrow as the downturn in global petrochemicals is causing a fast cash burn, so much so that measures to...
Asia base oils supply outlook: Week of 22 September
SINGAPORE (ICIS)--Asia’s Group II base oils prices stay firm relative to feedstock and gasoil prices. Firm margins point to still-balanced-to-tight fundamentals, sustaining incentive for refiners...