Industry News
Chemical Industry News
Brazil’s Braskem restructuring not defined yet as liquidity squeeze caps Mexico recovery – execs
SAO PAULO (ICIS)--Braskem's comprehensive capital structure restructuring remains in progress, and no final decisions have yet been taken, management at the Brazilian petrochemicals major said on...
Plant status: Total US Carville PS HIPS line entered planned turnaround – sources
HOUSTON (ICIS)--Here is a plant status report: Name: Total Energies Location: Carville, Louisiana, US Product: High Impact Polystyrene (HIPS) Capacity (tonnes/year): 60,000 Event start: Early May...
WEEK 20 ICIS EUROPEAN BIOMETHANE MARKETS: Long-term offtake discussions and FuelEU Maritime 2028 purchasing emerge across week 20
Additional reporting by Alice Casagni, Andrea Battaglia, Jake Stones, Marko Tymoshchuk and Aayesha Pathan Subscriber notice: This following content is part of a draft report that ICIS is distributing...
Middle East conflict causing lasting damage to global petrochemical raw material supply – Braskem CEO
SAO PAULO (ICIS)--Braskem's outgoing CEO warned on Thursday that damage to gas production infrastructure in the Middle East conflict zone could keep raw material costs elevated for years,...
EU countries aim to boost domestic gas supply, but climate rules cause complications
Additional reporting by Aura Sabadus EU energy ministers discuss expanding domestic gas production Climate and decarbonisation policies limit potential from Mediterranean and Black Sea basins...
Canada’s Keyera sees ‘tailwind’ from Middle East supply squeeze – execs
TORONTO (ICIS)--Canadian midstream energy firm Keyera sees supply shortages in the wake of the Middle East conflict as a tailwind for its business, CEO Dean Setoguchi, CFO Eileen Marikar, and other...
Europe melamine spot prices stable to soft as demand remains subdued
LONDON (ICIS)--European melamine spot prices were stable to soft this week, as demand remains subdued in the face of high costs. European spot prices were assessed stable at the low end and down...
Possible US-China trade deal could increase flow of US crude and LPG to China
US President Trump and Chinese President Xi Jinping meet in Beijing this week A trade deal could be signed in exchange for China encouraging Iran to reopen the Strait of Hormuz Changes to 11% and
UK to introduce Energy Independence Bill to aid energy security
UK government to introduce an Energy Independence Bill, announced in the King’s speech on 13 May Bill will accelerate the UK’s drive for energy security ICIS Analytics modelling shows UK power...
Brazil’s Braskem flagged again by auditor amid restructuring
SAO PAULO (ICIS)--KPMG, the auditor for Braskem, has flagged significant uncertainty about the Brazilian petrochemicals major's ability to continue as a going concern, even after posting a sharp...
US FDA commissioner Makary resigns amid chaos and questions
Marty Makary’s departure, amid reports that Trump planned to fire him, is the result of an ‘inherited crisis’ and ‘shifting FDA standards’, BIO says
Where will we get sulfur and helium from when fossil fuel extraction declines?
Effects of Gulf supply restrictions following US war on Iran hints at potential future challenges
‘Flip-over’ nucleophilic substitution reaction challenges classic SN2 textbook mechanism
Team behind work say this is a reminder that even simple reactions are more complicated than they first seem
The current academic system doesn’t incentivise risk-taking
But playing it safe can have negative consequences for a field
Plant status: China’s Sinopec Yangzi shuts SBR plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Yangzi Petrochemical Location: Nanjing, Jiangsu, China Product: Styrene butadiene rubber (SBR) Capacity (tonnes/year): 100,000 Event...
PE Black 100 prices in Middle East markets soften ahead of Eid ul-Adha
DUBAI (ICIS)--High-density polyethylene (HDPE) black 100 pipe prices in the Gulf Cooperation Council (GCC) and East Mediterranean (East Med) markets softened at both ends during the week spanning 7...
ICIS Analyst View: High LNG Dependence, Different Exposure: Taiwan and Thailand Through the Hormuz Crisis
Executive Summary Two months into the crisis, both Taiwan and Thailand remain active in the spot market because of their high gas dependence. But their exposure to Hormuz differs sharply: only about...
Plant status: China’s Sinopec Yangzi shuts PBR plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Yangzi Petrochemical Location: Nanjing, Jiangsu, China Product: Polybutadiene rubber (PBR) Capacity (tonnes/year): 100,000 Event start:...
S Arabia’s Sadara Chem Q1 net loss widens on lower sales volumes, prices
SINGAPORE (ICIS)--Sadara Chemical Co's Q1 net loss widened to Saudi riyal (SR) 1.62 billion ($432 million) due to lower sales volumes, Sadara Basic Services said in a stock exchange filing on behalf...
Plant status: South Korea’s Lotte INEOS restarts VAM plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Lotte INEOS Chemical Location: Ulsan, South Korea Product: Vinyl acetate monomer (VAM) Capacity (tonnes/year): 480,000 (two lines) Event start:...