Industry News
Chemical Industry News
Northeast Asian PVC producer revises initial June India offer lower
MUMBAI (ICIS)--A major northeast Asian producer has revised its June 2026 polyvinyl chloride (PVC) offer to India lower by $60/tonne compared with its initial offer. The producer’s latest offer...
Plant status: India’s MCPI eyes maintenance at No 2 PTA unit early Jun
FUKUOKA, Japan (ICIS)--Here is a plant status report: Name: Materials Chemicals & Performance Int (MCPI) Location: Haldia, India Product: Purified terephthalic acid (PTA) Capacity (tonnes/year):...
Step towards sustainable hydrogen production with cyanobacteria
A research team from the University of Kassel, Ruhr University Bochum and Universidade Nova Lisbon (Portugal) has developed a method to improve photosynthetic hydrogen production using cyanobacteria. The study, published in the journal Angewandte Chemie
Berlin honors outstanding deep-tech companies
AI-supported fact checks against disinformation, novel cell therapies for regenerating muscle tissue, sustainable 3D printing and decentralized satellite communication: on 20 May 2026, the Senate Department for Economics, Energy and Public Enterprises presented five outstanding
US HB Fuller could face proxy fight over proposed acquisition
HOUSTON (ICIS)--An investor threatened to pursue a proxy fight in 2027 against adhesives producer HB Fuller over its unsolicited offer to acquire UK-based Advanced Medical Solutions. "You are welcome...
US epoxy resin prices reaching highs amid Middle East conflict volatility
HOUSTON (ICIS)--There is disagreement over whether US epoxy resins prices have reached a ceiling or will continue to escalate in June and Q3. May contracts were assessed at an increase as the US-Iran...
NYMEX: US gas futures dip in mixed trading after holiday weekend
Front-month US natural gas futures closed lower on 26 May despite early-session gains as changes in the weather forecast for June showed some promise for cooling-driven gas demand The June Henry Hub...
Japan’s Mitsubishi Chemical mulls spinning off petchems as subsidiary
HOUSTON (ICIS)--Mitsubishi Chemical Group (MCG) is evaluating whether it should spin off its basic chemicals business as a wholly owned subsidiary, with an eye towards future mergers and...
US corn at 86% planted with soybeans at 79%
HOUSTON (ICIS)--US farmers have planted 86% of their corn crop with soybeans at 79% according to latest US Department of Agriculture’s (USDA) Crop Progress Report. The current pace of corn...
Plant status: Safety-Kleen completes US Chicago base oils maintenance
NEW YORK (ICIS)--Here is a plant status report: Name: Safety-Kleen Location: East Chicago, Illinois, US Product: Re-refined Group II base oils Capacity (barrels/day): 5,600 (280,000 tonnes/year)...
Colombia’s Caribbean coast Puerto Bahia LNG import project advances
Puerto Bahia LNG project enters execution phase following final regulatory approvals Ecopetrol targets December 2026 start up Project expected to provide up to 300GBTU/day initially, with previous...
Injuries, fatalities reported following explosion at Nippon Dynawave’s Washington paper mill
An explosion has occurred at Nippon Dynawave Packaging Company’s paper mill at Longview, Washington, facility, resulting in multiple injuries and fatalities, according to media outlets. According...
Strait of Hormuz blockade ongoing, Project Freedom not resumed – US Central Command
HOUSTON (ICIS)--The US Navy is not escorting vessels through the Strait of Hormuz and Project Freedom has not resumed, the US Central Command (CENTCOM) said in a social media post on Tuesday. Project...
CRUDE SUMMARY: Brent advances further with no Iran-US agreement in sight
Brent rose as tensions between Iran and US gather strength Traders anticipate some sort of deal; no agreement means more price volatility Panama Canal transits to be reduced in June due to...
Advanced waste sorting unit starts up in southern Brazil
SAO PAULO (ICIS)--A mechanized waste sorting unit using first-of-its-kind technology for mixed waste streams in Brazil started operations on 25 May in Brusque, Santa Catarina. The unit is operated...
Mexico’s Alcamare starts 1,000 tonne/month rPET operation
SAO PAULO (ICIS)--Mexico-based waste feedstock dealer and recycler Alcamare has started operations at its polyethylene terephthalate (PET) recycling line, according to sources close to the company....
MOVES: BASF appoints new president for Greater China
LONDON (ICIS)--BASF has appointed Haryono Lim as its new president and chairman for BASF Greater China, effective 1 July, succeeding Jeffrey Jianfeng Lou, who will leave the company. Lim is currently...
Mexico’s circular economy law to boost PET recycling, expose infrastructure gaps – industry executives
SAO PAULO (ICIS)--Technical and economic factors, rather than demand, continue to challenge polyethylene terephthalate (PET) recycling in Mexico, with industry executives highlighting infrastructure...
Latin America’s recycling capacity keeps outpacing demand even as virgin prices surge – ICIS
SAO PAULO (ICIS)--Latin America's mechanical plastics recycling capacities stand larger than actual demand and low utilization rates, structurally weak demand, and historically cheap virgin resin...
Canada April manufacturing sales expected up 4.6% from March
TORONTO (ICIS)--Canada’s manufacturing sales likely rose 4.6% month on month in April, led by increased sales of petroleum and coal products, according to a “flash estimate” by federal agency...