Industry News
Chemical Industry News
Non-OECD nations to drive modest 2027 oil demand growth – OPEC
LONDON (ICIS)--Global oil demand growth is expected to average 1.3 million barrels/day next year, a muted uptick from projected consumption this year driven by non-OECD countries, OPEC said on...
Critical Chemicals Alliance calls for urgent action to save Europe’s chemical industry
LONDON (ICIS)--European chemicals players are calling for action from legislators to “shift decisively from diagnosis to delivery” to tackle the unprecedented rate of closures across the region....
Initial Europe epoxy sentiment relatively stable for January in sluggish market
LONDON (ICIS)--Initial sentiment for Europe epoxy is relatively stable, but with some talk of softening in January, as ongoing margin concerns are weighed against the need to secure the business in a...
Plastic recycling’s perfect storm
Pending policies that demand more recycling cannot offset problems of high costs and competition from cheap virgin polymers
Strong costs, tighter supply and steady demand support China’s propylene in January
SINGAPORE (ICIS)—China’s propylene market is expected to be underpinned in January by firm costs, along with better fundamentals amid reduced domestic and import supply and improvements in the...
Asia ethanol stable to soft amid policy uncertainty, seasonal shifts
SINGAPORE (ICIS)--Asia’s ethanol market remained broadly stable to slightly soft in early January, as policy uncertainty and seasonal supply dynamics continued to send mixed signals across...
Plant status: Taiwan’s FPCC mulls economic shutdown of No 2 cracker – sources
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosa Petrochemical Corp (FPCC) Location: Mai Liao, Taiwan Product: Ethylene, propylene Capacity (tonnes/year): 1,035,000 (ethylene), 520,000...
Trinidad’s ammonia production up 11% in January-August year on year
LONDON (ICIS)--Trinidad’s ammonia production increased by 11% year on year to 2.97 million tonnes in January-August, according to data released by the Ministry of Energy and Energy Industries...
Syrian government renews commitment to destroy chemical weapons programme
UN officials welcome opportunity to eliminate country’s programme ‘once and for all’
Asia ethanol markets cautious amid policy uncertainty and Brazil off-season
SINGAPORE (ICIS)--Asia’s ethanol markets remained subdued, with both anhydrous and hydrous segments seeing limited spot activity amid cautious buying interest. In southeast Asia, import demand for...
ICIS TTF Early Day assessments: 14 January 2026
- China natural gas imports fall despite stronger December. Natural gas imports, including piped gas and LNG, fell 2.8% y/y to 127.87 million tonnes in January-December 2025, China’s Customs said...
East China’s SM inventory drops 19.7% with fewer arrivals
SINGAPORE (ICIS)--Styrene monomer (SM) inventory level in east China decreased by 19.7% from last reporting week with fewer arrivals, ICIS data showed on Wednesday. The total stock was at 97,900...
Plant status: S Korea’s BASF to shut TDI plant for planned maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: BASF Location: Yeosu, South Korea Product: Toluene diisocyanate (TDI) Capacity (tonnes/year): 160,000 Event start: 25 February 2026 Event...
Plant status: China’s LG Yongxing Chem ABS production runs at full tilt
SINGAPORE (ICIS)--Here is a plant status report: Name: LG Yongxing Chemical Location: Ningbo, Zhejiang, China Product: Acrylonitrile butadiene styrene (ABS) Capacity (tonnes/year): 850,000 (from six...
INSIGHT: Reimagining ammonia trades in a CBAM world
SINGAPORE (ICIS)--With the EU Carbon Border Adjustment Mechanism (CBAM) in place since 1 January this year, the comparative CBAM-costs of ammonia imports are expected to gain influence in pricing...
Thermo Fisher Scientific and NVIDIA launch AI revolution in the laboratory
Thermo Fisher Scientific Inc. announced a strategic collaboration with NVIDIA to power AI-based solutions and laboratory automation at scale. The effort will leverage the NVIDIA Artificial Intelligence (AI) platform and Thermo Fisher Scientific solutions to
Plant status: China’s Zhongyuan Dahua runs melamine plant at 50%
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhongyuan Dahua Location: Puyang, Henan, China Product: Melamine Capacity (tonnes/year): 60,000 (in total) Event start: January 2026 Event...
Electrochemical breakthrough turns nitrate waste into ammonia fuel
Ammonia (NH3) is essential for agriculture and plays an important role in next-generation carbon-free energy systems. Renewable NH3 synthesis is a supplementary or alternative to the traditional Haber-Bosch process. The electrochemical nitrate reduction reaction (NO3−RR) to NH3 offers a promising ro...
Biotech start-up scales green chemistry with new investment
Dutch biotech company Mevaldi B.V. announces an investment by ICOS Capital, alongside High-Tech Gründerfonds and ICIG Ventures. Mevaldi is a biotech company and pioneer in the field of building blocks for sustainable polymers and polyurethanes
Transform plant waste into next-generation safe batteries
Aqueous zinc-ion batteries promise safe, low-cost energy storage, but metallic zinc grows needle-like dendrites that short-circuit cells within a few hundred cycles. Now, a purely plant-derived hydrogel appears to solve the problem without resorting to