We take pride in our role as a trusted supplier of a wide range of chemicals, tailored to our customers’ requirements. Famico is providing pigments customized to meet each client’s needs from one of reputable and well-stablished international brand. This pigment is the synthetic form of a mineral called Lazurite. Ultramarine Blue has got a […]
Japan inflation rises 2.8% in Tokyo; supports central bank rate hike
November 29, 2025 By
SINGAPORE (ICIS)– Japan’s core inflation rate in Tokyo rose 2.8% year on year in November, holding steady after October and supporting a rate hike in the near future, official data showed on 28 November. Budget to tackle short-term inflation Factory output grows on robust automobile production Weakness in yen suggests rate hike to ease price […]
South Korea petrochemical restructuring could cut production by up to W6.7 trillion
November 29, 2025 By
SINGAPORE (ICIS)–South Korea’s petrochemical restructuring will put downward pressure on economic growth in the short term, but will also allow companies to become more competitive via research and development (R&D) when global demand recovers, the Bank of Korea (BoK) said. Industrial production losses in 2026 up to won (W) 6.7 trillion, says BoK High reliance […]
China Oct industrial profits fall 5.5% after Sep double-digit growth
November 29, 2025 By
SINGAPORE (ICIS)–Profits generated by Chinese industrial firms fell 5.5% on year in October, data from the National Bureau of Statistics (NBS) showed on Thursday. Factors for the contraction include a higher base in the same period last year as well as a rapid growth in financial expenses, said NBS statistician Yu Weining. Development in new […]
Wacker Chemie to cut 1,500 jobs globally in €300 million/year cost-saving project
November 29, 2025 By
LONDON (ICIS)–Wacker Chemie is to cut more than 1,500 jobs worldwide as part of a €300 million per year cost-saving target, it said on Thursday. Most of the job cuts will be at the group’s sites in Germany as the company aims to make significant savings in production and administration. The project, which was launched […]
Mexico’s Braskem Idesa on ‘restricted default’ after unpaid interest coupon
November 29, 2025 By
SAO PAULO (ICIS)–Fitch Ratings has downgraded a portion of Mexican polyethylene (PE) producer Braskem Idesa’s debt obligations to the “restricted default” (RD) credit rating after the company was unable to pay interest on one of its bonds. The missed coupon payment was for a bond maturing in 2029 and was due last week. After a five-day grace […]
Resin
October 2, 2025 By
On October 2025, 9,000 L of AMBERLYST™ A21 Resin has been delivered to our client.
Proposed US biofuel mandate to raise costs for fuel, oleo markets
August 30, 2025 By
HOUSTON (ICIS)–The new biofuel mandate proposed by the US calls for larger amounts of renewable fuel to be blended into gasoline and diesel, all while penalizing companies that import biofuels or the feedstock needed to make them domestically. The proposed mandate, called the Renewable Fuels Standard (RFS), will not just increase costs in the fuel market. […]
Germany’s Evonik will continue Asia investments regardless of tariffs
August 30, 2025 By
SINGAPORE (ICIS)–Evonik is ramping up plant and research investments in Asia to hit their growth targets, while mitigating direct shocks from US tariffs by targeting “local-from-local” production, according to Claus Rettig, President Asia Pacific at the German-based specialty chemicals firm. Evonik is undergoing a significant strategic transformation, aiming to increase its adjusted earnings before interest, […]
Thai Prime Minister Paetongtarn dismissed by court for ethics violations
August 30, 2025 By
SINGAPORE (ICIS)–Thailand’s Constitutional Court has on Friday dismissed Thailand Prime Minister Paetongtarn Shinawatra after she was found guilty of ethics violations during a leaked call with former Cambodian Prime Minister Hun Sen. The decision paves the way for the election of a new prime minister and ends the term of Paetongtarn after just one year, throwing Thailand into […]
