Industry News
Chemical Industry News
US gasoline supplies fall amid increase in refinery run rates
HOUSTON (ICIS)--US gasoline supplies declined during the week ended 8 May, as refinery run rates rose week on week. Gasoline stocks decreased week on week, according to the US Energy Information...
NYMEX: US gas futures rise on weather demand expectations
US natural gas futures rose on 13 May, supported by warmer forecasts signalling weather demand while feedgas demand to US LNG plants dipped alongside planned maintenance outages The June ’26...
US LNG plants swap planned maintenance outages ahead of busy demand period
Corpus planned work wraps up while Freeport, Golden Pass confirm planned outages Trinidad Train 4 maintenance also scheduled for May, no Cheniere major turnarounds scheduled for summer Asian summer...
INSIGHT: North America PP exports limited on supply constraints, China competition
NEW YORK (ICIS)--North America exports of polypropylene (PP) are not yet increasing at the rate some players had been expecting, amid local supply issues as well as China competition. PP exports in...
CRUDE SUMMARY: Brent and WTI front months edge lower as market awaits Trump-Xi meeting
Market awaits outcome of meeting between presidents Donald Trump and Xi Jinping IEA states that global crude supply will not cover global crude demand this year US EIA shows declines in US crude and...
Brazil’s Petrobras fertilizer plants hit by outages; supply unaffected – company
SAO PAULO (ICIS)--Two of Petrobras' recently reactivated Brazilian fertilizer plants have suffered operational stoppages in recent weeks, though supply has not been disrupted thanks to existing...
Trinseo to file for bankruptcy under restructuring deal with lenders
HOUSTON (ICIS)--Trinseo plans to file for bankruptcy protection under a restructuring agreement it reached with the lenders that hold most of its debt, the company said on Wednesday. No concessions...
Brazil’s Braskem fortunes to markedly improve in 2026 on margin tailwinds, governance shift – bank
SAO PAULO (ICIS)--Brazilian petrochemicals major Braskem is poised for a stronger 2026 as tightening global supply chains, favorable spread dynamics, and an ownership restructuring that overhauled...
IPL request an extension on India AS import tender until 20 May
HOUSTON (ICIS)--In India, Indian Potash Limited has requested an extension of offers on its import tender for caprolactam grade ammonium sulphate (AS) until 20 May. The further time was requested as...
N America weekly chemical rail traffic rises 8.1% year on year
HOUSTON (ICIS)--Following a 2.5% increase the week before, North American weekly chemical railcar traffic rose 8.1% year on year, to 50,134 loadings for the week ended 9 May, according to freight...
Canada’s Keyera closes C$5 billion NGL acquisition, despite regulatory concerns
TORONTO (ICIS)--Canadian midstream energy company Keyera on Tuesday, 12 May, completed its Canadian dollar (C$) 5.15 billion (US$3.79 billion) acquisition of Plains All American’s Canadian natural...
MetDesk expects enhanced hydropower risk across the Alps and Balkans in June
MetDesk forecasts Alps, Balkans hydro risks this summer Further confidence on the probability of an El Nino climate event Italian power prices could spur amid low hydro and high demand LONDON...
More durable TiO2 recovery projected on tightening fundamentals – Alembic
NEW YORK (ICIS)--Titanium dioxide (TiO2) fundamentals are improving and could signal a more durable recovery for producers such as Tronox and Chemours, according to a Wall Street analyst. “The TiO2...
Germany consumer and wholesale price inflation surge, central bank chief signals higher rates
LONDON (ICIS)--German consumer price inflation rose 2.9% year on year in April and wholesale prices rose 6.3%, driven by higher energy prices in the wake of the Middle East war. In the chemical...
European refinery solvents demand weak, average truck prices fall
LONDON (ICIS)--Buyers on the European refinery solvents markets have replenished their stocks and are reticent to purchase at current high prices. There is some talk of demand destruction downstream,...
Plant status: GPIC’s nitrogen plant shut down in Bahrain
LONDON (ICIS)--Here is a plant status report: Name: Gulf Petrochemical Industries (GPIC) Location: Sitra, Bahrain Product: Granular urea and ammonia Capacity (tonnes/year): 670,000 (granular urea),...
LNG shipping tonne-mile demand is rising, but beware of newbuilding orders
Charter rates continue stable Increased interest in LNG loadings from Australia Newbuilding orders rise, which could be detrimental Additional reporting by Hal Brown LONDON (ICIS)--LNG freight...
Dutch TTF dominates spot LNG pricing to Europe, ACER report finds
TTF hub indexation dominates spot LNG prices to Europe, ACER report finds Middle East disruption likely to force demand lower Europe storage refiling has been main driver of higher LNG demand LONDON...
Verbio expects earnings at upper end of guidance, cites high biofuels prices
LONDON (ICIS)--Verbio expects earnings before interest, tax, depreciation and amortization (EBITDA) for the 2025-2026 fiscal year to come in at the upper end of its €100-140 million guidance range,...
Trump administration job cuts have led to peer-reviewed publications falling dramatically at EPA
Scientific publications coming out of the US environmental agency fell 19% in the first year after Trump’s re-election and has kept sliding