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LONDON (ICIS)–Global oil remains caught between mounting US-China tensions and a slow recovery in demand as the coronavirus threat looms in the market. Global Crude Oil Editor Sophie Udubasceanu…  

BARCELONA (ICIS)–Europe’s new €800/tonne charge on waste plastic packaging will force chemical supply chains to take recycling more seriously and could drive product substitution. – Charge…  

LONDON (ICIS)–Saudi Aramco president and CEO Amin Nasser has been named the winner of the Chemists’ Club Kavaler Award sponsored by ICIS. In his tenure, Nasser has overseen the $69bn acquisition…  

SINGAPORE (ICIS)–Ethylene prices in northeast Asia returned to January levels by mid-year, with the recovery driven by a resumption in downstream activity in the key China market and limited…  

LONDON (ICIS)–Dow is to cut its workforce by 6% and exit uncompetitive assets as it tackles the ongoing impact of the coronavirus pandemic, the US chemicals major said on Thursday. Dow employs…  

BARCELONA (ICIS)–China’s new plan to accelerate a huge investment in Iran’s energy and petrochemicals shows how geopolitics is now driving petrochemical investments rather than economics. China…  

SINGAPORE (ICIS)–Indian petrochemical importers are seeking alternative sources of cargoes to China, on what appears to be a government-led campaign to reduce heavy reliance on imports from the…  

SINGAPORE (ICIS)–Polystyrene (PS) prices in the Middle East and south Asia have risen on the back of tighter supply amid strong demand from China. This market condition is expected to continue as…  

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…