BARCELONA (ICIS)–Large, diversified chemical companies are being punished much more by stock market investors than their specialty, solution-based peers, new research shows. Valuations of big…
PODCAST: Markets punish big, diversified chemical companies much more than specialties Read More »
SINGAPORE (ICIS)–State-owned energy giant Saudi Aramco will continue to rein in capital spending this year following a plunge in first-half earnings caused by slumping oil prices amid the…
Saudi Aramco to rein in 2020 spending as pandemic hits H1 earnings Read More »
SINGAPORE (ICIS)–Saudi Aramco reported a 73% year-on-year plunge in its second-quarter net profit, caused by a slump in crude oil prices and falling refining and chemicals margins amid the…
Saudi Aramco Q2 profit plunges on oil slump, lower refining/chem margins Read More »
LONDON (ICIS)–The devastating explosion which rocked Beirut, Lebanon, has once again put the focus on ammonium nitrate and the importance of its storage and handling. The industry already has tight…
PODCAST: Ammonium nitrate in focus following Beirut explosion Read More »
BARCELONA (ICIS)–With the second half of the year now fully underway, there are signs of an economic rebound from very depressed levels. But optimism for a V-shaped recovery is fading as…
INSIGHT: Hopes of V-shaped recovery fade as pandemic resurges Read More »
LONDON (ICIS) — The urea market continues its bullish run, with prices up by as much as $20/tonne as unexpected strong demand from India keeps global availability tight. -India sole market mover…
India triggers bull run in urea market Read More »
SINGAPORE (ICIS)–AW Shipping, a 50:50 joint venture between China’s Wanhua Chemical and UAE’s ADNOC Logistics & Services (ADNOC L&S), has signed a contract for the construction of three…
UAE’s ADNOC, China’s Wanhua shipping JV orders three gas carriers Read More »
LONDON (ICIS)–SABIC on Thursday reported the second consecutive quarter of year on year net losses as a result of weaker sales prices, volumes, and impairments on certain assets. SABIC (Riyals/m)…
SABIC losses continue into Q2 on prices, volumes, impairments Read More »
SINGAPORE (ICIS)–Asia’s butyl glycol market is poised to be weighed by persistently weak demand and comparably ample supply. Fluctuating upstream prices adds greater uncertainty to an already…
PODCAST: Asia glycol ethers to be weighed by weak demand, ample inventories Read More »
SINGAPORE (ICIS)–A recent deal between SABIC and Spanish utility Iberdrola – to invest almost €70m to construct a 100MW solar PV facility with 263,000 panels on the SABIC-owned Cartagena site -…
INSIGHT: Climate change prompts oil, petchem firms to go green in earnest Read More »
