Industry News
Chemical Industry News
Oil demand set to rise in 2026, supply and stocks continue to climb – IEA
LONDON (ICIS)--Global oil demand is expected to rise in 2026 on recovering petrochemical feedstock demand and against a backdrop of geopolitical instability, according to the latest data from the...
Europe ACN market grapples with weak demand, changing regulations
LONDON (ICIS)--As Europe’s acrylonitrile (ACN) market continues to struggle with high domestic production costs, reduced operating rates and weak demand, players are keen to understand the impact...
IMF dims Latin America growth outlook as Brazil faces sharp downgrade
SAO PAULO (ICIS)--Latin American and the Caribbean will grow less than previously expected in 2026, according to the IMF, which delivered one of its steepest GDP forecast cuts to Brazil while it kept...
Italian PSV liquidity on the rise in January, traders point to uncertainty on spot gas products
OTC volumes higher compared with January 2025 Highest year-on-year growth recorded at the back of the curve Market uncertainty drives PSV volatility - traders MILAN (ICIS)--Liquidity on the Italian...
Europe chemicals flows October 2025
LONDON (ICIS)--Below is EU+UK chemicals import and export data for October 2025 from the ICIS Supply and Demand Database. Select a commodity from the drop-down menu below: Interactive content...
India’s BPCL sells February naphtha
SINGAPORE (ICIS)--India's Bharat Petroleum Corp Ltd (BPCL) has sold a naphtha parcel for 1-2 February loading from Mumbai this week, coming at a time when market sentiment has remained relatively...
PODCAST: EU biomethane market blooms but challenges slow down progress
LONDON (ICIS)--The EU’s biomethane market has been developing at speed. Since 2023, production has risen more than 30% and the fuel is fast becoming not just an instrument to reach energy...
Trafigura agrees six-year advanced SAF offtake agreement with Uruguay project
LONDON (ICIS)--Energy trader Trafigura has signed a binding six-year offtake agreement with SP Developments Uruguay, a subsidiary of Syzygy Plasmonics, to purchase advanced sustainable aviation fuel...
Egypt urea interactive trade map January-October 2025
LONDON (ICIS)--Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has released trade data for January-October...
East China’s SM inventory rises 3.5% with more arrivals
SINGAPORE (ICIS)--Styrene monomer (SM) inventory level in east China increased by 3.5% from last reporting week with more arrivals, ICIS data showed on Wednesday. The total stock was at 101,300...
UK inflation up in December 2025 for first time in six months
LONDON (ICIS)--Inflation in the UK rose for the first time in six months in December 2025, with higher alcohol & tobacco, and transport costs the main drivers. The rate of inflation increased to...
Europe MEK pricing stable, restocking demand limited
LONDON (ICIS)--European spot pricing for methyl ethyl ketone (MEK) was stable at €1,030-1,100/tonne FD (free delivered) NWE (northwest Europe) in the week ended 20 January amid steady market...
Plant status: Polynt maintenance at MA facility in Ravenna to last until end-February
LONDON (ICIS) - - Here is a plant status report: Name: Polynt Location: Ravenna, Italy Product: Maleic anhydride (MA) Capacity (tonnes/year): 66,000 Event start: 12 January (estimated) Event end: 28...
INSIGHT: Divided outlook for Europe petchems in January amid persistent weak demand, geopolitical risks
LONDON (ICIS)--Europe’s petrochemical markets are starting the year facing persistently weak demand across most derivatives and mounting geopolitical risks, paving the way for a divided price...
China PX-PTA spread stays healthy, feedstock supply ample
SINGAPORE (ICIS)--The price spread between paraxylene (PX) and downstream purified terephthalic acid (PTA) in China remains above the deemed healthy level. The appreciation of the Chinese yuan (CNY)...
Iupac announces it is moving from the US to a joint home in Spain and Italy
Dual headquarters decision a result of strong bids from both cities
LNG Compass: Darwin restarts, Congo loading
LNG Compass is a new column from the ICIS LNG analyst team highlighting key factors impacting supply, demand and prices; helping traders navigate their way through volatile global markets....
OXEA launches comprehensive transformation program
OXEA is responding to ongoing economic challenges with a comprehensive transformation program. Targeted measures are intended to make the German business competitive again and put the company in a robust position for the coming years.
Wood chemicals replace toxic bisphenols in cash register receipts
EPFL researchers have developed formulations for the kind of paper used in cash receipts or shipping tags using wood-based chemicals that reduces reliance on toxic bisphenols while keeping print performance. Every day, millions of people
Compact AI-based hyperspectral camera enables new industrial applications
The OASYS project focuses on optoelectronic sensors for application-oriented systems. In the subproject A1 a team of scientists and industry experts is developing an ultra-compact, energy-efficient hyperspectral camera that uses artificial intelligence to perform complex