Industry News
Chemical Industry News
US PPG lowers 2025 guidance as overall global demand softens, expects destocking in Q4
HOUSTON (ICIS)--PPG lowered its full year 2025 guidance on Tuesday on softer global demand and as it expects some customer inventory management in automotive refinish coatings at year’s end, the...
NYMEX: US gas futures ease on above-normal Midwest temperatures for mid-November forecast
Front-month US natural gas edged lower on 28 October, despite US gas production decreases day on day The November Henry Hub contract on NYMEX settled at $3.345/MMBtu, down nearly 2.8% from the...
US Celanese to sell Micomax to Element for $500 billion
HOUSTON (ICIS)--Celanese has agreed to sell its Micromax business to Element Solutions for $500 million, the two companies said on Tuesday. The deal should close in the first quarter of 2026. In...
US Sherwin-Williams expects ‘softer for longer’ demand, will hike prices by 7% in Jan
HOUSTON (ICIS)--Sherwin-Williams delivered earnings despite being in a softer for longer demand environment and will increase paint prices by 7% in stores on 1 January, along with targeted increases...
Crude benchmarks were down by as much as 2% throughout the day, as oversupply concerns emerge
First market talks before the latest OPEC+ monthly meeting emerge Uncertainty about impact of US sanctions on Russian crude persists Latest inventory updates due over the next 24 hours LONDON...
What makes a scientific breakthrough truly chemical?
Why MOFs are a great choice for the Nobel prize in chemistry
A current take on the Swern oxidation
Electrochemical update to a classic reaction trades cryogenic conditions for room temperature, to selectively convert primary and secondary alcohols into aldehydes and ketones
Spin-out support is stretched thin
University entrepreneurs need more consistent help to bridge the gap betweeen ideas and businesses
AI tool paints bigger picture of global impact of millions of research grants, papers and patents
Team behind Funding the Frontier hope it will help funders and policymakers make better decisions but others worry system might favour ‘safe’ research
Japan’s Sumitomo Chem to take subsidiary Tanaka Chem private in share exchange
SINGAPORE (ICIS)--Japanese producer Sumitomo Chemical Co on Wednesday announced it is moving to acquire full ownership of its subsidiary, Tanaka Chemical Corp, through a share exchange, effectively...
Plant status: Taiwan’s TSMC to keep No 2 SM line shut in near term
SINGAPORE (ICIS)--Here is a plant status report: Name: Taiwan Styrene Monomer Co (TSMC) Location: Linyuan, Taiwan Product: Styrene monomer (SM) Capacity (tonnes/year): 160,000 (No 2 line) Event...
India’s TGV SRAAC faces disruptions at chlor-alkali plant
MUMBAI (ICIS)--India’s TGV SRAAC is facing disruptions at its caustic soda facility at Kurnool in southern Andhra Pradesh state, it said in a statement. The company’s chlor alkali facility is...
Plant status: China’s Sinopec Zhongyuan shuts steam cracker
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhongyuan Petrochemical Location: Henan, China Product: Ethylene, propylene Capacity (tonnes/year): 220,000 for ethylene, 95,000 for propylene...
Plant status: China’s Sinopec Zhongyuan shuts PE and PP units
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Zhongyuan PC Location: Puyang, China Product: Polyethylene (PE), polypropylene (PP) Capacity (tonnes/year): 290,000 (LLDPE); 175,000...
India’s eastern Odisha state approves Adani coal-to-chemicals plant
MUMBAI (ICIS)--India’s eastern state of Odisha recently approved projects that are expected to increase chemical production in the state. The Odisha state government approved a Rs840 billion ($9.51...
Plant status: China’s Yulong Petrochemical restarts No 2 steam cracker
SINGAPORE (ICIS)--Here is a plant status report: Name: Yulong PC Location: Shandong, China Product: Ethylene, propylene Capacity (tonnes/year): 1.5 million for ethylene, 650,000 for propylene Event...
Plant status: Taiwan’s TPCC to shut phenol/acetone unit in Nov for 2-3 months
SINGAPORE (ICIS)--Here is a plant status report: Name: Taiwan Prosperity Chemical Corp (TPCC) Location: Kaohsiung, Taiwan Product: Phenol and acetone Capacity (tonnes/year): 360,000 (phenol) and...
Asia polyester market buoyed on stronger crude, feedstocks, despite weak buying
SINGAPORE (ICIS)--Crude gains and rising feedstocks have bolstered Asia polyester prices during the week, although the discussions have been dampened by the slowing demand towards the year end. Spot...
China’s Orinko plans high temperature nylon, PEEK project in Shanghai
SINGAPORE (ICIS)--China’s Orinko Advanced Plastics is planning to construct a high temperature nylon and polyetheretherketone (PEEK) project in Shanghai, the company announced. The yuan (CNY) 81...
Public research organisations behind 63 000 inventions across Europe in the past two decades
A new study, developed by the EPO’s Observatory on Patents and Technology with Fraunhofer ISI, highlights the role of Europe’s public research organisations (PROs) in advancing innovation. Covering 39 member states, the report shows that