Industry News
Chemical Industry News
Gaz-System plans Gdansk FSRU 2 binding open season end of February
Gdansk FSRU 2 binding open season planned for late February 50% of total slots on offer need to be booked to be deemed successful Second FSRU is aimed mostly at international companies, could boost...
Update to ICIS Topics: CBAM – impact on fertilizers, chemicals and energy
LONDON (ICIS)--Electricity is one of the products covered by EU’s Carbon Border Adjustment Mechanism (CBAM). From 1 January 2026, any electricity imported into the EU from non-EU countries must...
Jefferies upgrades Celanese to ‘buy’ on stimulus, higher Manufacturing PMI
NEW YORK (ICIS)--US-based Celanese has been upgraded to ‘buy’ from ‘hold’ by Jefferies as government stimulus kicks in, and the ISM US Manufacturing Purchasing Managers’ Index (PMI) surges....
US natural gas futures fluctuate on shifting weather, recovering supply
Henry Hub futures fluctuate on shifting weather and recovering supply Early February forecasts indicated above normal temperatures for the majority of the US Storage data shows inventories decreased...
THE Day-ahead premium to TTF spikes on German LNG outage due to end Friday
THE-TTF Day-ahead spikes in early February as German and Italian LNG outages coincide This is despite drop in German gas-fired generation Brunsbuttel LNG resumption from next week likely to tighten...
Commission to publish key energy-market reports by end of March
European Commission to report on gas market alongside commodity derivatives review Reports will underpin any legislative proposals requiring energy firms to comply with financial trading rules...
GAS ALERT: Germany’s Katharina storage facility to change operator from April ’26
LONDON (ICIS)—Storage operator VNG said on 5 February that as of 1 April 2026, the operation of the Katharina underground gas storage facility will be transferred from Erdgasspeicher Peissen GmbH...
Storengy offers Peckensen LTO bundles to enable bids into THE special balancing tenders
Storengy will auction 50 Peckensen “LTO” bundles (10MWh/h each) on 6 February to enable bids into THE’s new short-term RoD LTO balancing tenders It wraps storage withdrawal into tender-eligible...
Falling LNG prices hit Shell’s earnings, as it talks up European demand
Shell's LNG sales up on LNG Canada start Lower LNG prices hit wider company earnings LNG production outlook broadly stable for Q1 LONDON (ICIS)--Energy major Shell attributed a 22% fall in 2025...
German FUCHS to take full control of Turkish lubricants JV
LONDON (ICIS)--German lubricants producer FUCHS Group has agreed to acquire the remaining 50% stake of its OPET FUCHS joint venture in Turkey for an undisclosed sum. On completion of the deal in...
World first for clinical trial of skin patch to monitor therapeutic drugs in real time
Sensor could soon help doctors to prevent overdoses of drugs
Embodying polymer chemistry with a purpose by upcycling plastics and trapping PFAS
For Frank Leibfarth, focussing on reactivity and selectivity helps him bridge the gap between fundamental and applied research
BP awards work for green hydrogen project at German refinery
LONDON (ICIS)--BP has awarded a contract for work on its green hydrogen project at the company’s Lingen refining site in northwest Germany to industrial services company Bilfinger. Bilfinger’s...
Commission ‘confident’ SUPD vote will pass, impacting rPET imports to Europe
ROME (ICIS)--The European Commission is ‘confident’ that member states will vote in favor of passing a new draft Implementing Act that will delay imports of recycled polyethylene terephthalate...
GAS ALERT: Dutch TAQA seeks optimisers for Bergermeer capacity for storage year 2026
LONDON (ICIS)--The operator of Dutch store Bergermeer, TAQA Gas Storage BV (GSB), said it will allocate new volumes under the Optimisation Agreement for Storage Year 2026 (OA26) in February. The...
Europe AA, acrylate esters stable amid ongoing sluggish start to 2026
LONDON (ICIS)--The Europe acrylic acid (AA) and acrylate ester markets have seen spot prices remain unchanged this week. Prices for AA are unchanged for an eleventh week, with underlying fundamentals...
Daicel reviews COC business, delays startup of German project
LONDON (ICIS)--Daicel has decided to review its business plan for cyclic olefin copolymer (COC) as demand is increasing slower than expected, the Japanese chemicals company said on Thursday. The...
US LNG output marks slight monthly drop following winter freeze
January US monthly LNG production down for first time since September '25 Feedgas nominations rebound to pre-freeze levels Cargoes could be delayed or considered cancelled, depending on various...
Plant status: Kazakhstan’s KPI to resume PP production next week – source
LONDON (ICIS)--Here is a plant status report: Name: Kazakhstan Petrochemical Industries Location: Karabatan, Kazakhstan Product: Polypropylene (PP) Capacity (tonnes/year): 500,000 Event start: 19...
Strong demand for near-term Croatia’s Krk LNG slots at auction but none for late 2030s
LONDON (ICIS)--There was strong demand at annual auctions for capacity at Croatia’s Krk LNG terminal for slots out until 2030, with auctions closing at significant premiums, but no interest in...