Industry News
Chemical Industry News
India’s Reliance H1 Dec MEG contract nomination remains stable
SINGAPORE (ICIS)--India’s Reliance Industries announced its nomination for the first half of December monoethylene glycol (MEG) contract price at $460/tonne, a company source said. The price is on...
INSIGHT: China’s ethylene growth and NE Asia optimization heightens market volatility
SINGAPORE (ICIS)--Over the next three years, the Northeast Asian ethylene market will enter a new phase marked by concurrent volume growth and structural upgrading, as new capacity comes onstream and...
ICIS TTF Early Day assessments: 1 December 2025
- Temperatures in northwest Europe are forecast mixed for the week started 1 December with the Netherlands and the UK above seasonal averages and France and Germany below - MetDesk - Planned...
Chemistry and AI pushes biosignature detection for life back billions of years
Combining analytical chemistry with machine learning doubled the age of ancient rocks that can be examined for signs of primordial life
Plant status: China’s Satellite Chemical shuts 2-EH plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Satellite Chemical Location: Jiaxing, Zhejiang, China Product: 2-ethylhexanol (2-EH) Capacity (tonnes/year): 180,000 Event start: 1 December...
India PVC prices hit fresh five-year lows amid heavy arrivals, tepid demand
MUMBAI (ICIS)--India’s polyvinyl chloride (PVC) market came under renewed pressure in the week ended 28 November as sluggish demand and high stock levels continued to weigh on sentiment. December...
China extends ADDs on polyphenylene sulfide imports from four countries
SINGAPORE (ICIS)--China will carry on its antidumping duties (ADDs) regarding imports of polyphenylene sulfide (PPS) from Japan, South Korea, US and Malaysia while conducting sunset review on the...
No impact seen on recycling feedstock from SE Asia floods
SINGAPORE (ICIS)--Recent heavy rains and flooding in Thailand, Indonesia, Malaysia, Philippines and Vietnam have had no impact on the supply of post-consumer bottle bales, which are used for recycled...
China acetic acid run rate inches up on operational resumption
SINGAPORE (ICIS)--China acetic acid plants’ average run rate slightly rose as Yankuang resumed normal operation. Celanese shut its acetic acid plant on 30 November. Guangxi Huayi has restarted its...
Asia rPET trade continues to wind down on weak buying
SINGAPORE (ICIS)--Asian producers of recycled polyethylene terephthalate (rPET) have seen fewer orders for December deliveries as more buyers conclude their order books. Thailand, Malaysia and...
S Korea Nov petrochemical exports fall 14.1%; PMI contracts
SINGAPORE (ICIS)--South Korea’s petrochemical shipments in November fell by 14.1% year on year to $3.06 billion, while semiconductor exports remained robust, official data showed on Monday. Lower...
China’s average MTBE plant run rate edges down to 60.6% on plant turnaround
SINGAPORE (ICIS)--The average run rate of China’s methyl tertiary butyl ether (MTBE) plants was slightly down to 60.6% in the week ended 28 November, amid Sinochem Quanzhou's plant was shut for...
WACKER specifies savings targets
In view of the tense business situation, WACKER launched a project called PACE in October to make significant cost savings in its production environment and administration setup. As already announced when the figures for the
Global hydrogen market: Uniper and thyssenkrupp Uhde conclude framework agreement on the use of ammonia splitting technology
Uniper and thyssenkrupp Uhde have signed a framework agreement that lays the foundation for the construction of commercial ammonia cracking plants. Uniper has secured license packages for the use of thyssenkrupp Uhde's ammonia cracking technology.
New electrochemical strategy boosts uranium recovery from complex wastewater
Researchers have unveiled a promising new method that could transform how uranium is recovered from challenging wastewater streams. By combining a specially engineered covalent organic framework with an indirect electrochemical process, the approach delivers high
S Korea Nov PX exports down 4.75% on month, slight run rate cutbacks
SINGAPORE (ICIS)--Exports of paraxylene (PX) from South Korea for November loading was down by 4.75% month on month, amid mounting cost pressure from the co-product benzene markets. 87% of its total...
China manufacturing PMI contracts in Nov as weak demand bites
SINGAPORE (ICIS)--China’s manufacturing sector remained in struggling as sluggish demand continues. The Purchasing Managers’ Index (PMI) conducted by official and private surveys both landed in...
China’s average run rate of PO plants edges down to 69.0% on plants shutdown
SINGAPORE (ICIS)--China’s propylene oxide (PO) plants posted an average run rate at 69.0% in the week ended 28 November 2025, down by 1.1 percentage points from the last reporting period, ICIS data...
Mixed PE prices in Pakistan ahead of year-end lull
DUBAI (ICIS)--Polyethylene (PE) prices in the Pakistani market followed mixed-price directions during the week ended 28 November 2025, depending on the grade. Low-density polyethylene (LDPE) film...
CRUDE SUMMARY: CME outage impacts WTI trading, Brent relatively unchanged on front-month contract expiry
WTI trading impacted by CME outage Brent and WTI on track for four consecutive months of losses US oil rig count down 12 to 407 – Baker Hughes LONDON (ICIS)— Brent crude was relatively unchanged...