LONDON (ICIS)–Shipping demand has fallen notably and spot freight rates on some routes are under pressure on the back of good availability of open space and a sluggish recovery post-lockdowns in…
Global spot freight rates under pressure as chems shipping demand slows further Read More »
SINGAPORE (ICIS)–Oil giant Saudi Aramco on Tuesday said it will reorganise its downstream business by the end of the year to support its integration across the company’s value chain. The…
Saudi Aramco reorganises downstream business to boost integration efforts Read More »
BARCELONA (ICIS)—The coronavirus pandemic is accelerating the adoption of new digitisation techniques and chemical manufacturing technologies, according to leading industry commentators. Pharma…
PODCAST: pandemic accelerates digitisation, new manufacturing technologies in chemicals Read More »
LONDON (ICIS)–ICIS has acquired US company Chemical Data (CDI), a provider of petrochemicals benchmarks, market analysis and predictive analytics, it said on Monday. Financial details were not…
ICIS acquires US petchems analytics provider CDI Read More »
SINGAPORE (ICIS)–Saudi Arabia’s Advanced Petrochemical has secured a 5.5-year financing worth Saudi riyal (SR) 1.5bn ($400m) amid the coronavirus pandemic. The cost-plus financing called Murabaha…
Saudi Arabia’s Advanced Petrochemical secures SR1.5bn financing Read More »
HOUSTON (ICIS)— Following the Q3 contract settlement the US glycerine market is still seeing some supply tightness. Demand has eased but remains healthy, as spot buyers that emerged in Q2 to make…
PODCAST: US glycerine still sees supply tightness following Q3 settlement Read More »
LONDON (ICIS)–Possible issues with the quality of Libyan crude following a long-standing blockade could change regional price spreads in Europe and the Mediterranean and affect the much-needed…
Bacteria in Libyan oil could permanently alter crude make-up Read More »
LONDON (ICIS)–Re-imposed lockdowns in Latin and North America and the pandemic’s resurgence are “casting a shadow” over the outlook for global crude-oil rebalancing despite output continuing…
Re-imposed lockdowns, rise in Covid-19 cases cast shadow on crude oil market – IEA Read More »
BARCELONA (ICIS)–Hopes for a strong post-lockdown rebound in demand for chemicals are evaporating thanks to a resurgence in coronavirus cases in the US and elsewhere, with few signs of a strong…
Few signs of strong Q3 rebound as pandemic persists Read More »
BARCELONA (ICIS)–Although a post-lockdown rebound is boosting demand for chemicals, the industry is a long way from the pre-pandemic levels. – Improving demand for chemicals, but weak – Need to…
PODCAST: Chemicals demand improving but recovery a long way off Read More »
