Industry News
Chemical Industry News
Intra-Europe chemical tanker spot rates edge down
LONDON (ICIS)--Intra-Europe chemical tanker spot freight rates edged down in the week ending 22 May, largely on account of lower bunker prices which tend to be reflected in spot freight rates sooner...
Europe styrene May weighted average snaps five-month uptrend
LONDON (ICIS)--The Europe styrene monthly weighted average spot price has been assessed lower in May, snapping a five-month uptrend. The May weighted average was assessed at $1,596/tonne, down by...
Canada chemical producer prices rise at record pace in April
TORONTO (ICIS)--Chemical producer prices in Canada rose 7.3% month on month in April on the back of the high prices for energy and petroleum products because of the shipping disruptions in the Strait...
European acetone truck spot price down as buyers lose interest
LONDON (ICIS)--Acetone truck spot prices decreased once again this week as increased supply weighed on offer levels and buyers stepped away from the market. Higher domestic production and import...
ICIS POWER INSIGHT WEEK 21 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 21. FBMC WEEKLY: Strong solar to pressure CWE spot in...
HYDROGEN MARKET MONITOR: WEEK 21
LONDON (ICIS)--The following summary is part of a new series known as "Hydrogen Market Monitor", which comprises a round up of key hydrogen-market developments from previous weeks, separated into the...
China sulphur imports plunge over 72% in April on Middle East conflict
LONDON (ICIS)--China, the world’s largest importer of sulphur, saw imports in April plunge by 72.4% due to the US-Iran conflict and the resulting closure of the Strait of Hormuz. Sulphur imports...
Plant status: INEOS Inovyn delays restart of PVC plant at Aycliffe, UK after turnaround
LONDON (ICIS)--Here is a plant status report: Name: INEOS Inovyn Location: Aycliffe, UK Product: Polyvinyl chloride (PVC) Capacity (tonnes/year): 300,000 Event start: April Event finish: Three-week...
GRAPHIC DETAIL: Cold weather in early May lifts German gas demand year on year
LONDON (ICIS)--German gas consumption in early May rises year on year amid below-average temperatures in the first weeks of the month, despite stable industrial demand. German gas demand reached 3.2...
WEEKLY GAS OUTLOOK: Geopolitical developments to remain key driver, cooling demand to soar
LONDON (ICIS)—Geopolitical uncertainty around the US-Iran conflict and disruption in the Strait of Hormuz are likely to continue to drive European gas prices in week 22. EU energy commissioner...
Commerce determines final ADDs against CMO imports from South Korea
HOUSTON (ICIS)--The Department of Commerce (DOC) has determined final antidumping duties (ADDs) against imports of certain multifunctional acrylate and methacrylate monomers, and acrylated...
OPINION: Romania’s official gas demand outlook needs to come under scrutiny
This article reflects the personal views of the author and is not necessarily an expression of ICIS's position. LONDON (ICIS)--Within less than a year, Romania is poised to boost its gas production,...
S Korea isomer MX export prices extend drops amid upstream, downstream pressure
SINGAPORE (ICIS)--Isomer grade mixed xylenes (MX) export prices from South Korea on 22 May extended losses from the previous day’s session on the back of upstream price losses and declines in...
WEEKLY POWER OUTLOOK: Strong renewables forecast in week 22 likely to weigh on European power prices
Strong German, Romanian wind power output in week 22 likely to weigh on prices High solar output to support supply, but warmer temperatures across most of Europe can trigger some cooling demand...
Supply constraints and energy volatility drive uncertain ammonia outlook
LONDON (ICIS)--Ammonia remains tight and volatile, with constrained supply and elevated energy costs creating an uncertain outlook for the market. Indian Potash Limited (IPL) scraps purchase tender...
UK government promises £350 million support for the chemicals sector
Officials say funding will help industry build resilience, remain competitive and decarbonise
Lab glove deposits drive false microplastic signatures in atmospheric pollution samples
Researchers uncover contamination pathway that’s complicating efforts to understand how much plastic is in the air
BASF sells its silicates business to specialist supplier PQ
BASF and PQ have signed an agreement for the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ. Subject to customary closing conditions such as regulatory approvals, the transaction is expected
A Quantum Leap into a New Era of Materials Research
Affordable medicine, rising energy costs, and dependence on strategic raw-material sources make new materials central to many questions. Traditional materials development is time-consuming and often takes years. Fraunhofer ISC is therefore pursuing accelerated development approaches
Making biomolecules glow: new dye solves problem
Biomolecules, also known as organic molecules, include sugars, proteins and lipids and are the building blocks of all life. They play a role in the structure and metabolism of all living organisms. To make them