Industry News
Chemical Industry News
CRUDE SUMMARY: Trump’s renewed threat on Iran boosts crude benchmarks
Tengiz oilfield remains offline, shortening supply Greenland deal calms geopolitical concerns, providing ceiling US oil rig count rose by one to 411- Baker Hughes LONDON (ICIS)--Crude benchmarks were...
Europe PET market remains tense as higher costs meet weak demand
LONDON (ICIS)--Tension in the European polyethylene terephthalate (PET) market persisted, as producers attempted to defend pricing momentum amid rising production costs, while buyers continued to...
Canada December producer prices fall 0.6% from November, chemicals fall 1.1%
TORONTO (ICIS)--Producer prices in Canada, as measured by the industrial product price index (IPPI), fell 0.6% month on month in December, following a 1.1% November increase, according to data from...
Argentina must adopt long-term industrialization plan to leverage Vaca Muerta shale wealth – Evonik exec
SAO PAULO (ICIS)--Argentina has achieved macroeconomic stabilization under President Javier Milei but still lacks a critical long-term vision for industrial development that could transform its vast...
European acetone spot truck prices rocket on restricted supply
LONDON (ICIS)--Europe's acetone truck spot prices increased again this week, with higher prices being quoted on a daily basis. Some sellers said they were also looking to target higher numbers next...
Turkey PP prices hold firm on persistent tightness, but buyers start to push back
LONDON (ICIS)--Polypropylene (PP) prices in Turkey continued to edge higher in the week to 22 January for fibre and copolymer grades, but the upward momentum showed in raffia and injection prices was...
Europe methanol spot appetite grows ahead of US Gulf Coast freeze
LONDON (ICIS)--European methanol spot prices edged higher this week, supported by firmer buying interest linked to stockpiling ahead of expected extreme weather on the US Gulf Coast....
ICIS POWER INSIGHT WEEK 4 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 4. FBMC WEEKLY: French power spot could fall amid return...
Henry Hub climbs on extended cold risk, US LNG plants monitoring weather
US LNG plants monitoring weather Markets activities shifts focus on the March '26 Henry Hub contract Cold risk could extend into early February HOUSTON (ICIS)--Henry Hub natural gas futures...
US consumer sentiment improves in January
HOUSTON (ICIS)--US consumer sentiment improved month on month in January 2026 but remained more than 20% below its January 2025 level, as measured by the University of Michigan’s Index of Consumer...
Europe Q1 molding-grade PC prices fall
LONDON (ICIS)--Molding-grade polycarbonate (PC) prices fell in January. Multiple rollovers were heard, as well as larger decreases, with the published decline most representative of deals heard....
Europe PC extrusion grade prices roll over in January
LONDON (ICIS)--Extrusion grade polycarbonate (PC) prices in Europe rolled over in January. Rollovers were reported by all players surveyed. The extrusion grade price rolled over for the fourth month...
WEEKLY POWER OUTLOOK: German-Hungarian Day-ahead spread could tighten in week 5 amid mild Balkan spell
LONDON (ICIS)--The German-Hungarian Day-ahead power spread could diminish next week amid forecast of low German wind generation and mild temperatures in the Balkans, a regional analyst told ICIS. At...
ICIS launches new net polycarbonate quotes
LONDON (ICIS)--ICIS has launched new net polycarbonate (PC) price quotes, reflecting true prices of material seen in the market. The new quotes represent true prices for extrusion and molding-grade...
Europe DMT contract prices rise after PX and methanol gains
LONDON (ICIS)--The January contract indicator for Europe dimethyl terephthalate (DMT) increased, according to ICIS calculations. The assessed January range was, therefore, up by €25/tonne on both...
GAS ALERT: Industrial action at France’s Dunkirk LNG terminal next week could impact operations
LONDON (ICIS)--Industrial action may take place next week that could impact the operations of the Dunkirk LNG terminal, according to a notice posted on the operator’s website. “The exact period,...
Europe January PTA prices align with higher PX, but gains lag influential Asia
LONDON (ICIS)--The Europe purified terephthalic acid (PTA) January contract has increased, based on ICIS calculations. Consequently, the January PTA contract price is up by €20/tonne to reach...
Canada December manufacturing sales expected up 0.5%, following 1.2% November decline
TORONTO (ICIS)--Canada’s manufacturing sales likely rose 0.5% month on month in December, according to an “advance estimate” by federal agency Statistics Canada (StatCan) on Friday. The...
Argentina’s economy shrinks in November, manufacturing down over 8%
SAO PAULO (ICIS)--Argentina's economic activity contracted 0.3% in November, year on year, while the petrochemicals-intensive manufacturing sectors’ output continued posting bleak figures with...
Belgian chemical group alarmed by loss of ‘strategic’ production capacities
LONDON (ICIS)--Envalior’s recent announcement to end glass fiber production in Belgium adds to the loss of “strategic” capacities that will leave Europe dependent on imports, according to the...