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 […]
Sustainably Speaking – US and Asia R-PET markets see sinking prices amid global oversupply, weak downstream demand
August 30, 2025 By
HOUSTON (ICIS)–Join Emily Friedman, ICIS US recycled plastics senior editor in Episode 5 of Sustainably Speaking alongside Arianne Perez, Asia recycled plastic senior editor, and Joshua Dill, Americas recycled plastic analyst, as they discuss the implications of weak domestic recycled polyethylene terephthalate (R-PET) markets between the US and Asia. Even as local feedstock markets tumble, both regions are […]
Covestro completes acquisition of Swiss adhesive films producer Pontacol
August 30, 2025 By
LONDON (ICIS)–Covestro has completed the acquisition of Swiss multilayer adhesive films company Pontacol for an undisclosed sum as part of a strategic portfolio expansion, it said on Friday. The Germany-headquartered polymer materials producer said the deal would open up new growth opportunities, driven by increasing demand in future markets such as medical technology, mobility, and […]
Diethyl hydroxyl Amin (DEHA)
August 2, 2025 By
On Jun 2025, 6 MT of Diethyl hydroxyl Amin (DEHA) has been delivered.
Spare Parts
August 2, 2025 By
Famico continues to lead the market as a trusted supplier—not only of high-quality raw materials and chemicals, but also in meeting our customers’ diverse spare parts needs. Our team is committed to helping clients fulfill their requirements efficiently, reliably, and with exceptional service.
Vopak, IHI Corp to jointly develop ammonia terminal in Japan
July 12, 2025 By
SINGAPORE (ICIS)–Royal Vopak has signed an agreement with Japanese heavy-industry firm IHI Corp to establish a joint venture for the development and operation of an ammonia terminal in Japan, the Dutch provider of storage and infrastructure solutions firm said on Friday. The terminal is expected to start operations in the Japanese fiscal year 2030, it […]
