Industry News
Chemical Industry News
Europe April rHDPE pellet prices rise
LONDON (ICIS)--Europe recycled high density polyethylene (rHDPE) pellet prices rose in April as substitution interest from traditional virgin HDPE buyers increased. Disruption related to the...
UK HDPE natural bale prices rise on higher demand from US
LONDON (ICIS)--UK natural HDPE bale prices rose in April due to new and growing demand for food contact safe feedstocks in the US. Higher bale prices in turn pushed up the price of food grade
Europe acetone truck spot prices weaken on improved supply/demand balance
LONDON (ICIS)--European acetone truck spot prices decreased this week. Increases in supply were the main reason behind the decreases, said domestic and import sources. Activity was limited due to the...
Arrest of Fauci’s former aide sparks political persecution concerns
Virologist David Morens, who was a long-term NIH adviser, faces up to 51 years in prison
Breaking a priceless chemistry artefact didn’t make the best first impression
But I found something precious in the department archives that will last for generations
UC Berkeley chemistry professor accused of sexual harassment
Almost 800 current and former students, graduate researchers and faculty are calling for change following claims by former grad student
MOF magnet with virtually no external magnetic field ideal for advanced electronics
Researchers say that the material could be used in spintronic devices
Methanex yet to see much demand destruction despite lower Middle East methanol exports
HOUSTON (ICIS)--Middle East methanol exports have decreased significantly, but Methanex has not seen significant demand destruction, executives of the Canada-based methanol producer said on Thursday....
Methanex to idle Chile methanol plant in mid-Q2 on seasonal gas availability
HOUSTON (ICIS)--Methanex expects to idle one of its two Chile methanol plants in the middle of Q2, in line with gas availability during the southern hemisphere winter season, its executives said on...
US BD May contract prices settle at increase amid continuing global disruptions
HOUSTON (ICIS)--US May butadiene (BD) contract prices settled at an increase from prior month amid ongoing global disruptions, but the increase is not as steep as the increase for April. May...
US Huntsman meets Q1 guidance, expects higher Q2 earnings
HOUSTON (ICIS)--Huntsman met the high end of its earlier Q1 guidance and expects Q2 adjusted earnings to increase quarter on quarter, the US-based polyurethanes and epoxy resins producer said on...
Concerns over urea being constrained and costly has India increasingly interested in AS supply
HOUSTON (ICIS)--Concerns over the India urea supply becoming constrained and costly has lifted the ammonium sulphate (AS) interests in the country to new levels with significant demand for the...
US Eastman Q1 revenue falls, guides to better earnings on increased margins
HOUSTON (ICIS)--Eastman Chemical Co’s Q1 revenues fell slightly from the same quarter a year ago, but the company said market disruptions because of the war in the Middle East are likely to support...
US May methanol contract prices continue uptrend amid disruptions from Middle East conflict
HOUSTON (ICIS)--US May methanol contract prices rose by 70-73 cents/gallon from April, as the conflict in the Middle East continues to drive demand for US exports. US methanol contract prices A...
Braskem challenges Brazil’s antidumping duty on US PE, seeks nearly double rate
SAO PAULO (ICIS)--Brazilian petrochemicals major Braskem has filed a formal legal petition challenging the antidumping duties (ADDs) levels the Brazilian government imposed on US polyethylene (PE)...
NYMEX: US gas futures rise following smaller-than-expected storage build
US natural gas futures rose on 30 April, gaining more than 4% above the prior session following a smaller-than-anticipated storage build that brought down the current gas surplus compared with last...
CRUDE SUMMARY: Brent retreats after hitting four-year highs earlier in session
Unconfirmed reports of further conflict in Iran pushed Brent to four-year high US DOE announces 92.5 million barrel exchange from SPR Brent front-month expires and rolls to July from 1 May LONDON...
Market awaits second cargo from US Golden Pass LNG
Golden Pass ramp up has had limited global price influence Feedgas nominations below full utilization rates Market waiting for second loading after first on 22 April HOUSTON (ICIS)--Now that US...
US Trinseo posts greater Q1 net loss amid lender talks, restructuring
HOUSTON (ICIS)--US-based engineering materials producer Trinseo reported on Thursday a net loss of $116 million, including $31 million in pre-tax charges related to ongoing lender negotiations and...
Plant status: Japan’s Tosoh restarts cracker following turnaround
SINGAPORE (ICIS)--Here is a plant status report: Name: Tosoh Corp Location: Yokkaichi, Japan Product: Ethylene, propylene Capacity (tonnes/year): 527,000 (ethylene), 315,000 (propylene) Event start:...