Industry News
Chemical Industry News
US Tronox meets Q1 guidance, expects higher Q2 earnings
HOUSTON (ICIS)--Tronox met the high end of its earlier Q1 guidance and expects Q2 adjusted earnings to increase quarter on quarter, the US-based titanium dioxide (TiO2) producer said on Wednesday....
M&A valuation spread between specialty and commodity surfactants persists – banker
JERSEY CITY, New Jersey (ICIS)--The transaction value spread between specialty and commodity surfactants assets has persisted, even as absolute multiples have declined in recent years, an investment...
CRUDE SUMMARY: Oil prices slide to two-week lows on US-Iran peace talks
Market awaits more information of proposed one-page peace deal Global crude, inventory stocks remain tight amid continued supply constraints US crude, product stocks fall across the board LONDON...
US gasoline supplies decline despite uptick in refinery run rates
HOUSTON (ICIS)--US gasoline supplies declined during the week ended 1 May, as refinery run rates rose week on week. Gasoline stocks decreased week on week, according to the US Energy Information...
Carriers to remain cautious transiting Strait of Hormuz amid on-again, off-again peace talks
HOUSTON (ICIS)--For the second time in a month, carriers must decide whether passage through the Strait of Hormuz is safe after on-again, off-again peace talks, and one shipping analyst expects...
Plant status: Braskem confirms January restart after Bahia PE turnaround in Brazil
SAO PAULO (ICIS)--Here is a plant status report. Name: Braskem Location: Camacari, Bahia, Brazil Product: Low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density...
Engineered resins seek growth in low-growth world – Celanese
HOUSTON (ICIS)--The supply-chain disruptions caused by the war in Iran could begin to unwind at the end of the second quarter, leaving Celanese and other producers confronting a market where housing,...
Econic seeks to advance large-scale CO2-to-chemicals projects – CEO
JERSEY CITY, New Jersey (ICIS)--Renewable CO2 technology company Econic aims to build a CO2-to-chemicals ecosystem by enabling large-scale projects using CO2 feedstock to produce polyols for...
Saudi Ibn Sina methanol plant offline amid Iran war – Celanese
HOUSTON (ICIS)--The National Methanol Co (Ibn Sina) joint venture in Jubail, Saudi Arabia, has not been operating for the past six weeks, the CEO of Celanese said on Wednesday. Ibn Sina makes...
N America weekly chemical rail traffic rises 2.5% year on year
HOUSTON (ICIS)--Following a 0.5% decline the week before, North American weekly chemical railcar traffic rose 2.5% year on year, to 51,103 loadings for the week ended 2 May, according to freight...
Bayer and bp partner on biofuels feedstock
LONDON (ICIS)--Bayer has entered into a strategic alliance with bp to jointly scale up and commercialize camelina as a feedstock for producing biodiesel, renewable diesel (RD), and sustainable...
Braskem Q1 output rebounds in Brazil after Bahia maintenance; Mexico’s sinks on ethane crunch
SAO PAULO (ICIS)--Braskem's Q1 production was mixed, with domestic operations recovering after a maintenance at its Bahia site, while Mexican subsidiary Braskem Idesa posted sharply lower utilization...
‘Everybody is waiting on everybody’ in circular economy deadlock – start-up founder
COLOGNE (ICIS)--The development of a sustainable chemicals sector at scale remains stymied by deadlock, with investors and industry both waiting on the other side to make strong commitments to the...
LNG traffic through Hormuz to be severely constrained for months
Ship traffic will be severely constrained for months at least Vessels will have to take different narrower routes Safety of crew and assets remains paramount for shipowners By Clare Pennington and...
OMV’s €65 million Austria innovation center on track for 2027 startup
LONDON (ICIS)--OMV’s €65 million innovation center under construction at Schwechat near Vienna, Austria, is on schedule for completion and commissioning in the first half of 2027, the Austrian...
Former NSF leaders and its board urge Senate to restore agency’s governance
Thirteen former heads of National Science Foundation and its advisory body respond to Trump administration’s abrupt dismissal of the agency’s entire board
Thousands of tonnes of hazardous chemicals entered environment due to EU delays
Report claims stalled roadmap has slowed phase-out of flame retardants, bisphenols and other chemicals
Green hydrogen becomes competitive
A process developed at Westfälische Hochschule for the direct coating of membrane electrode assemblies (MEA) enables the more cost-effective production of green hydrogen. The inventor Dr. Pit Podleschny and the three other members of the
Sustainable chemistry: iron replaces precious metals in catalysis
Many everyday and industrial products are created with the help of chemical catalysts, such as pharmaceuticals, plastics and coatings. Expensive and limited precious metals are often used for this purpose. Researchers at the Karlsruhe Institute
Plant status: S Korea’s S-Oil extends No 1 PX unit maintenance into June
SINGAPORE (ICIS)--Here is a plant status report: Name: S-Oil Corp Location: Onsan, South Korea Product: Paraxylene (PX) Capacity (tonnes/year): 700,000 Event start: 4 March 2026 Event finish: June...