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  • Europe acetone spot slides as demand outlook remains bleak
    LONDON (ICIS)--European acetone spot FD (free delivered) prices were steady to soft this week in a quiet market. Holidays in some parts of Europe limited activity, but the market was ... read more
  • INTERVIEW: Russian gas import ban may be 'considered' – European Commission vice-president
    Banning Russian gas exports to Europe might become “a subject for consideration” as the EU is focusing on potentially approving other sanctions against Russia, the vice-president of the European ... read more
  • German Uniper to develop syngas plant at Dutch chem site
    LONDON (ICIS)--German power generation company Uniper plans to develop a syngas project at the Chemelot chemicals production site near Maastricht, Netherlands, it said on Friday. The project would ... read more
  • Plant status: INEOS Inovyn lifted Tavaux, France and Rheinberg, Germany chlor-alkali FMs in late April
    LONDON (ICIS)--Here is a plant status report: Name: IINEOS Inovyn Location: Tavaux, France and Rheinberg, Germany Product: Caustic soda, chlorine, hydrochloric acid (HCl), hypo Capacity ... read more
  • Belgian gas hub merger approved, ICIS launches consultation
    LONDON (ICIS)--ICIS published a consultation on changes to its price assessments and indices which will follow the scheduled merger of the Zeebrugge and ZTP hubs into a single market in ... read more
  • Lower tariffs may fuel Dutch-German cross-border flows in 2024
    LONDON (ICIS)--Grid access tariffs for Germany and the Netherlands were set lower for calendar year 2024, which could encourage cross-border flows between the two countries and reduce the spread ... read more
  • Modificar los hábitos al lavar la vajilla puede contribuir a ahorrar más de 3,5 millones de toneladas de CO2 en Europa
    GINEBRA (Suiza)--(BUSINESS WIRE)--La innovación de Fairy, conocida desde hace tiempo como una marca que aporta valor a las familias, permitirá a la marca evolucionar para conseguir mayor valor en la ... read more
  • Un changement d’habitudes au moment de laver la vaisselle peut contribuer à réduire de plus de 3,5 millions de tonnes les émissions de CO2 en Europe
    GENÈVE--(BUSINESS WIRE)--Fairy est reconnue de longue date comme une marque créatrice de valeur pour les familles Européennes. Les innovation de Fairy permettront de perpétrer cette proposition de valeur de la ... read more
  • Plant Status: Indorama's Europe PTA plants still reduced due to demand
    LONDON (ICIS)--Here is a plant status report: Name: Indorama Ventures Location: The Netherlands, Portugal, Spain Product: Purified Terephthalic Acid (PTA) Capacity (tonnes/year): 1.725m total ... read more
  • Europe BPA spot sentiment stable to soft in muted market
    LONDON (ICIS)--The Europe bisphenol A (BPA) spot sentiment was stable to soft this week, as market conditions remain slow. Some separate price concessions for spot were being made in order ... read more
  • EVENING SNAPSHOT – Europe Markets Summary
    CRUDE: Moved sideways, players weigh over mixed market signals; stronger US dollar. NAPHTHA: Lowers as crack spread weakens. BENZENE: June trades several times, pushing up prices slightly. STYRENE: ... read more
  • Europe feedstocks and petrochemicals weekly summary
    LONDON (ICIS)--Here is a summary of major feedstocks and petrochemicals in Europe for the week ended 9 June. Crude: WTI prices slip despite Saudi production cuts Saudi Arabia plan to ... read more
  • Europe June BPA formula contracts down, on upstream cost relief
    LONDON (ICIS)--Europe bisphenol A (BPA) formula contract prices have fallen for June, taking into account upstream cost relief. This marks a change in direction vs the previous month and BPA ... read more
  • LPG contract prices drop sharply into June
    LONDON (ICIS)--Liquefied petroleum gas (LPG) contract prices have dropped sharply in June. A muted outlook for the global economy and waning seasonal demand has meant downward pressure on feedstock ... read more
  • Plant Status: INEOS PTA unit in Belgium still reduced due to market conditions
    LONDON (ICIS)--Here is a plant status report: Name: INEOS Aromatics Location: Geel, Belgium Product: Purified Terephthalic Acid (PTA) Capacity (tonnes/year): 1.37m total Event start: September 2022 ... read more
  • Ray of optimism for Europe styrene as spread with benzene flips positive
    LONDON (ICIS)--The Europe styrene spot spread over feedstock benzene flipped back into positive territory late this week after a handful of June trades spurred an uptick in sentiment. The week ... read more
  • WEEKLY POWER OUTLOOK: High temperatures to add spot upside
    LONDON (ICIS)--European power spot prices are likely to climb in week 24 as high temperatures across most of Europe are set to increase cooling demand, despite above average solar power ... read more
  • Plant Status: PKN Orlen's PTA Poland plant rates reduced, as per rest of Europe
    LONDON (ICIS)--Here is a plant status report: Name: PKN Orlen Location: Wloclawek, Poland Product: Purified Terephthalic Acid (PTA) Capacity (tonnes/year): 690,000 Event start: June Event finish: ... read more
  • Brazil imports 27% more MAP January-May year-on-year
    LONDON (ICIS)--Imports of monoammonium phosphate (MAP) into Brazil increased by 27% in January-May 2023 year on year, according to customs data. Brazil Top MAP Imports (tonnes) January-May Country ... read more
  • J&J Green Paper Inc. Secures Global Agreements to Revolutionize Paper Industry with JANUS®, a Breakthrough Eco-Friendly Solution
    MIAMI--(BUSINESS WIRE)--J&J Green Paper Inc. (JJGP) revolutionizes paper industry with eco-friendly JANUS®, addressing plastics crisis and reshaping markets. ... read more
  • J&J Green Paper Inc. Secures Global Agreements to Revolutionize Paper Industry with JANUS®, a Breakthrough Eco-Friendly Solution
    MIAMI--(BUSINESS WIRE)--J&J Green Paper Inc. (JJGP) revolutionizes paper industry with eco-friendly JANUS®, addressing plastics crisis and reshaping markets. ... read more
  • Engel Unveils Expanded Automation Center in York, PA
    Doubling the amount of space to 15,000 square feet, the automation center now has the capacity to run up to 70 projects per year. ... read more
  • Energy Advancement Technology on Show at smarter E Europe 2023
    Sabic will showcase its growing portfolio of specialty materials to support electric vehicles and batteries. ... read more
  • US Pharma Packaging Market Insights 2023-2028 Featuring Amcor, Aptar Group, Berry Global, Laser Gerresheimer, and WestRock – ResearchAndMarkets.com
    DUBLIN--(BUSINESS WIRE)--The "US Pharma Packaging Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering. The US pharmaceutical packaging market was valued at $28.33 billion in 2022 and ... read more
  • Einjähriger Stresstest: Pöppelmann testet elektrische Kniehebel-Spritzgießmaschine
    Plastivation Machinery hat eine elektrische Kniehebel-Spritzgießmaschine Neo·E168 von Tederic an Pöppelmann geliefert. Sie werden die Spritzgießmaschine einem einjährigen Stresstests unterziehen. ... read more
  • PFAS – make the ‘essential use’ argument with care
    The rising tenor of debates in Europe and, indeed, worldwide on topics ranging from plastics in the environment to perfluoroalkyl and polyfluoroalkyl substances (PFAS), shows how important product ... read more
  • PFA conflict flags existential questions for chemical industry
    Podcast Will Beacham Barcelona PFA conflict flags existential questions for chemical industry The current battle between manufacturers, regulators and the legal system over per- and polyfluoroalkyl ... read more
  • Europe olefins feels like Q4 2022 all over again
    LONDON (ICIS)--European ethylene and propylene players are bracing themselves for a very long and slow summer following a proliferation of negative headlines from all derivative sectors in recent ... read more
  • Asia-Pacific Vaccine Packaging Market Report 2023: A $1.149 Billion Market by 2028 from $695 Million in 2022 with China Dominating – ResearchAndMarkets.com
    DUBLIN--(BUSINESS WIRE)--The "APAC Vaccine Packaging Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering. The APAC vaccine packaging market was valued at $695.54 million in 2022 and ... read more
  • NOON SNAPSHOT – Europe Markets Summary
    CRUDE: Steady, gains following Saudi’s July product cut limited by bearish demand outlook. NAPHTHA: Stable in a quiet market. BENZENE: Lower despite crude gains; buying interest thin. STYRENE: ... read more
  • Europe oxo-alcohols market quiet, spot prices under pressure
    LONDON (ICIS)--Prices in the European oxo-alcohols spot market slipped this week as feedstock and energy prices have eased in June while buying interest remains sparse. N-butanol (NBA) spot prices ... read more
  • ICIS News weekly price snapshot
    ICIS News weekly price snapshot Reported in ICIS News evening snapshots, Wednesday 7 June 2023 Regional snapshot data: 7 June ... read more
  • Pricing briefs
    EUROPE Weak demand drags Europe R-PET down Exceptionally weak demand for European recycled polyethylene terephthalate (R-PET) has led to substantial drops in FD NWE C and mixed coloured (MC) flake ... read more
  • Saudi cut exposes OPEC+ fractures
    Saudi Arabia blindsided the market again over the weekend as the de facto OPEC+ leader announced a unilateral cut of 1m bbl/day from July. While a broader deal to extend ... read more
  • Intense competition between sellers pressure Europe plasticizers prices
    LONDON (ICIS)--Prices in the European plasticizers spot market dropped this week as spot buying interest is limited and competition between sellers is intense. Diisononyl phthalate (DINP) spot values ... read more
  • Global plant status update
    Global plant status update Click on the maps to view major plant disruptions, shutdowns and restarts reported by ICIS for the week from 1-7 June ... read more
  • News in brief
    EUROPE Corbion pulls plans for French PLA bioplastics Corbion has decided to no longer pursue plans for a polylactic acid (PLA) bioplastics project at Grandpuits, France, through its TotalEnergies ... read more
  • INSIGHT: Global epoxy markets spiralling down, re-set needed
    LONDON (ICIS)--Persistent slow demand and strong competition in the Europe epoxy market continue to weigh prices down into June, while margins are becoming increasingly thin. In China/Asia prices are ... read more
  • Latest issue of ICIS Chemical Business now live
    BARCELONA (ICIS)--The latest issue of ICIS Chemical Business is now live. Click on the image, "Latest Issue", then "Download" to access the PDF magazine. Supply clashes with regulations: Supply plus ... read more
  • Tepco and Toyota Collaborate to Develop Stationary Storage Battery System
    Tokyo Electric Power Company (Tepco) and Toyota have announced the joint development of a stationary storage battery system with a 1 MW output and 3 MWh capacity. ... read more
  • Invibio, Part of Victrex plc, Announces New Collaboration With Paragon Medical to Support Scale Up of PEEK Based Trauma Devices
    LANCASTER, England--(BUSINESS WIRE)--Invibio establishes composite trauma manufacturing capacity in China, by collaborating with Paragon Medical. ... read more
  • Uniq Hydrodehnspannfutter: Nachhaltig spannen ohne Kraft
    Ein Produkthighlight, das Mapal auf der Moulding Expo in Stuttgart präsentiert, sind die Uniq Hydrodehnspannfutter. Anwender:innen können das Werkzeug schnell und prozesssicher in der Aufnahme mit geringem Kraftaufwand spannen. ... read more
  • Changing consumer habits negatively impacting Europe PET/PTA
    LONDON (ICIS)--Consumption of European polyethylene terephthalate (PET) and upstream purified terephthalic acid (PTA) is significantly lower than it should be in June, as economics play havoc with ... read more
  • Plant status: Lithuania’s Neo reduces PET rates further due to weak demand
    LONDON (ICIS)--Here is a plant status report: Name: Neo Group Location: Klaipeda, Lithuania Product: Polyethylene terephthalate (PET) Capacity (tonnes/year): 320,000 Event start: June Event finish: ... read more
  • EU shippers can start Ukraine gas injections as tracking exemption passed
    LONDON (ICIS)--European gas traders are expected to resume injections into Ukrainian storage sites as the government has officially approved exemptions from a tracking requirements introduced last ... read more
  • Hasco auf der Moulding Expo: Digitalisierung und 3D-Druck im Mittelpunkt
    Bei Hasco steht auf der Moulding Expo neben Neu- und Weiterentwicklungen die Digitalisierung im Mittelpunkt. Neue Tools, das Update der Hasco-App, CAD-Features und weitere digitale Services werden live präsentiert, außerdem ... read more
  • Mega Refining and Petrochemical Plant Selects Hytera as Provider of Professional Communications System
    SHENZHEN, China--(BUSINESS WIRE)-- #CommunicationSolutions--Hytera has been selected as the supplier of professional communications solution for the Yulong Island Refining and Petrochemical Project in China. ... read more
  • TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals
    Sluggish demand sent the ICIS China Petrochemical Price Index in May tumbling by 7% from end-April despite some stability in the upstream crude market during the period. Market confidence is ... read more
  • Distribution Solutions Group Completes Hisco Acquisition
    CHICAGO--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a premier specialty distribution company announced today the Company completed the previously announced acquisition of HIS Company, Inc., (“Hisco”), ... read more
  • PPG adopte des objectifs basés sur la science de décarbonisation pour 2030 et fait le point des progrès en matière de développement durable pour 2022
    PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE :PPG) a annoncé aujourd'hui ses objectifs de développement durable à court terme pour 2030, y compris les objectifs de réduction d'émissions de gaz à effet de serre ... read more

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KAVI IS iCOMMEX Platform v 02.25 Saturday, June 10, 2023

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