Middle East & Africa

SINGAPORE (ICIS)–At least 78 people were killed and more than 4,000 injured following a large blast at a port area in Beirut, Lebanon, on Tuesday. Lebanon’s official National News Agency said the…  

LONDON (ICIS)–Global petrochemical prices rebounded in July as pandemic-induced lockdowns continued to ease in North America and Europe and industrial activity revived, pushing the monthly IPEX…  

BARCELONA (ICIS)–Chemicals demand may never return to pre-pandemic levels so a radical shake up in business models is required, with a focus on local supply chains, recycling, and meeting…  

BARCELONA (ICIS)–The acquisition of polymer data and analytics provider Chemical Data (CDI) by ICIS strengthens its position in North America while giving CDI a new global platform. Acquisition of…  

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…