Industry News
Chemical Industry News
Industrial players calls for stronger EU policy amid ‘structural’ downturn
LONDON (ICIS)--EU-based industrial players, including a host of chemicals sector executives convened in Antwerp, Belgium, on Wednesday to call for the European Commission to provide policy support to...
Minimum available capacity at French Montoir LNG terminal reduced until April
Minimum sendout from Montoir now around 19.4mcm/day This around half of the daily sendout over the same period last year PEG discounts to TTF could narrow on reduced supply LONDON (ICIS)--The French...
Mexico’s Alpek earnings fall sharply while persistent polyester woes prompt cautious outlook
SAO PAULO (ICIS)--Alpek delivered full-year earnings slightly below expectations as persistent pressure on its polyester business offset more stability in plastics and chemicals, the Mexican...
GRAPHIC DETAIL: Elevated LNG sendout to support British gas exports
Elevated LNG sendout to drive NBP prompt discount to ZTP hold Britain exporting to Belgium as supply outweighs domestic demand Norwegian flows have rebalanced from Britain to France on NBP discount...
Brazil’s Braskem stock up after Congress supports expanded tax breaks for chemical producers
SAO PAULO (ICIS)--Shares in Brazil’s petrochemicals major Braskem were up nearly 3% in Wednesday morning trading after lawmakers approved urgent voting procedures for legislation to aid chemicals...
INTERNATIONAL ENERGY WEEK 2026: Offshore wind gains traction as Asia-Pacific seeks energy security
LONDON(ICIS)--Offshore wind could play a critical role in strengthening energy security across the Asia-Pacific region, as economies remain heavily reliant on imported fossil fuels and exposed to...
UK’s 1.5GW Outer Dowsing offshore wind farm granted planning consent
UK’s energy secretary awarded development consent to the 1.5GW Outer Dowsing offshore wind farm Construction is set to begin in 2027, with first power anticipated in 2030 ICIS Analytics forecast...
How bird photography made me a better chemist
Payal Joshi draws inspiration for organic mechanisms from graceful avian poses
Romanian government to decide on gas price deregulation as traders struggle with regulatory uncertainty
Government considers delaying liberalization by another year Competition Council VP says there is no risk from liberalization Traders struggle to take market position amid regulatory uncertainty...
EU gas storage levels drop further as prices remain volatile
EU gas stocks continue to decline amid colder weather Low storage levels set to boost European injection demand, LNG imports Storage levels forecasted to reach the lowest point since 2018 LONDON...
Idemitsu Kosan, Saudi Aramco enter base oils framework agreement
HOUSTON (ICIS)--Japan’s Idemitsu Kosan and Saudi Aramco have entered a global account framework agreement, according to a release. The agreement will enable Idemitsu to establish a more robust,...
Plant status: Vietnam’s Long Son complex restarts following power trip
SINGAPORE (ICIS)--Here is a plant status report: Name: Long Son Petrochemical Location: Long Son, Vietnam Product: Ethylene, propylene Capacity (tonnes/year): 950,000 (ethylene), 400,000 (propylene)...
Mitsubishi opens new PET film plant in Germany
LONDON (ICIS)--Mitsubishi Polyester Film has started up a new 27,000 tonne/year polyethylene terephthalate (PET) film plant at its site in Wiesbaden, Germany. The plant brings the company’s total...
MARGINS: Europe naphtha-based PE margins rise amid cheaper feedstock, LPG-based margins fall
LONDON (ICIS)--Margins at naphtha-based polyethylene (PE) plants in Europe increased week on week amid softer feedstock costs, while operators based on liquefied petroleum gas (LPG) posted a decline,...
Hungarian summer month contracts could gain on growing Ukrainian power demand
Growing Ukrainian power demand likely to support Hungarian summer contracts the most However summer price spikes less likely than previous year Hungarian spot prices remain mainly driven by weather...
Ukraine adds distributed gas-fired capacity to the grid as coal generators destroyed since start of war
Ukraine has a pipeline of 3GW of gas-fired distributed capacity Distributed small-scale gas plants to replace destroyed coal capacity Most newly connected projects built by private investors LONDON...
ECHA scheme finds 19% of hazardous mixtures not reported to poison centres
LONDON (ICIS)--One in five hazardous mixtures in the EU are not reported to poison centres, according to the European Chemicals Agency (ECHA) on Wednesday. Inspectors in a pilot enforcement project...
China methanol prices fluctuate lower before long holiday
SINGAPORE (ICIS)--Methanol demand in China has fallen to the lowest level this year ahead of the Lunar New Year holiday (15-23 February 2026). Major futures contract prices for domestic energy and...
Plant status: Kazakhstan’s Atyrau, Karabatan PP plant resumes production on both lines today- sources
LONDON (ICIS)--Here is a plant status report: Name: Kazakhstan Petrochemical Industries Location: Karabatan, Kazakhstan Product: Polypropylene (PP) Capacity (tonnes/year): 500,000 (150,000+ 350,000)...
Controversial weedkiller dicamba reapproved in the US
Regulator says new label restrictions will prevent damage of nearby crops