Industry News
Chemical Industry News
Saudi Aramco exits Malaysia petrochemical joint venture with PETRONAS
SINGAPORE (ICIS)--Saudi Aramco, the world’s biggest crude exporter, is exiting its petrochemical joint venture with PETRONAS in Malaysia, ending a nine-year partnership. The two state-owned energy...
Innovation meets practice: POWTECH TECHNOPHARM takes centre stage for processing technology again in 2026
POWTECH TECHNOPHARM has drawn the processing community to Nuremberg two years in a row. Now it’s preparing for the next round: From 29 September to 1 October 2026 the Nuremberg exhibition venue will once again
Chempark Uerdingen gets out of coal: First electrode boiler supplies steam
Chemical park operator Currenta commissions the first electrode boiler at Chempark Krefeld-Uerdingen. In future, the plant will generate up to 60 tons of steam per hour, supplying the local production plants with process heat. A
The CHT Group awarded Best Managed Company 2026
The CHT Group GmbH has been honored as Best Managed Company 2026. The seal of approval recognizes excellently managed medium-sized companies and is awarded as part of a program by Deloitte Private, UBS, the Frankfurter
Bringing start-ups in the field of sustainable chemistry to market faster
The International Sustainable Chemistry Collaborative Centre (ISC3) and the venture builder Carbon13 are joining forces to provide even more targeted support to start-ups and founders in the field of sustainable chemistry. The focus of the
Detecting heavy metals in soil and water: New method for on-site analysis
As part of an international team, scientists at Paderborn University have developed a new method to quickly and accurately detect toxic arsenic variants in soil and water. The study, which was published in the journal
Brazil’s chemicals Q1 output rises nearly 23% as local producers’ market share revives
SAO PAULO (ICIS)--Brazil's chemical industry posted an increase in production of nearly 23% in Q1, quarter on quarter, a sharp rebound that contrasts starkly with the broader economy's modest...
Mexico circular economy law to remold plastics value chain – ministry, trade group
SAO PAULO (ICIS)--Mexico’s new circular economy framework will fundamentally shift responsibility across the plastics value chain, while requiring major investment in collection and recycling...
Europe polyols demand outlook reflects stable consumption
LONDON (ICIS)--European polyols demand remains relatively moded, with consumption trends expected to hold steady and showing limited movement across market segments. Eurozone construction sector...
ICIS Analysis: Nigeria on course for another rise in yearly LNG supply
Strong start to the year for Nigerian LNG exports Helps keep LNG cargoes in the Atlantic amid Qatari disruptions Exports set to prefer Asian destinations for the rest of the year LONDON...
SE Asia SBR, PBR under pressure as upstream costs slide
SINGAPORE (ICIS)--Discussions for Asian spot imports of synthetic rubbers, from styrene-butadiene-rubber (SBR) to polybutadiene rubber (PBR), are losing ground as buyers press for deeper discounts in...
INSIGHT: Petrobras bets on fertilizer revival to cut Brazil’s import dependency, but political risk looms
SAO PAULO (ICIS)--Brazil's state-owned oil company Petrobras is pushing ahead with an ambitious plan to supply more than a third of the country's nitrogen fertilizer demand by 2028, reopening...
Europe MPG spot prices decline as buying interest wanes
LONDON (ICIS)--European monopropylene glycol (MPG) spot prices fell in the week ending 22 May as some lower interests were noted. A producer noted that fresh bookings were minimal over the period,...
Asia nylon under pressure as downstream pushback outweighs cost relief
SINGAPORE (ICIS)--Demand for Asia nylon is likely to stay soft in June, as downstream sectors continue to struggle to pass through costs. Despite some easing in upstream values, deal activity remains...
China’s April methanol imports up 28.5% from March; still lower than normal level
SINGAPORE (ICIS)--China’s methanol imports increased by around 28.5% month on month to 562,661 tonnes in April, while down by 28.6% year on year according to the ICIS Supply & Demand Database....
Plant status: China’s Shandong Mingshui shuts methanol plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Mingshui Great Chemical Location: Jinan, Shandong, China Product: Methanol Capacity (tonnes/year): 600,000 Event start: 23 May 2026...
Plant status: China’s Kingboard Chemical shuts No 2 acetic acid plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Kingboard Chemical Location: Xingtai, Hebei, China Product: Acetic acid Capacity (tonnes/year): 800,000 (No 2) Event start: 23 May Event finish:...
Plant status: China’s Kingboard Chemical restarts No 1 acetic acid plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Kingboard Chemical Location: Xingtai, Hebei, China Product: Acetic acid Capacity (tonnes/year): 600,000 (No 1) Event start: Evening of 8 May...
Plant status: China’s ZPC in the process of restarting acetic acid plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhejiang Petroleum & Chemical (ZPC) Location: Zhejiang, China Product: Acetic acid Capacity (tonnes/year): 1 million Event start: 8 April...
Singapore maintains 2026 GDP growth target at 2-4% amid Mideast war risks
SINGAPORE (ICIS)--Singapore’s Ministry of Trade and Industry (MTI) maintained its 2026 GDP growth forecast at 2.0-4.0% amid bolstered exports, although downside risks from the Middle East conflict...