MUMBAI (ICIS)–India’s Deepak Chem Tech Ltd (DCTL) plans to set up a manufacturing complex to produce phenol, acetone and isopropyl alcohol (IPA) at a cost of Indian rupee (Rs) 35 billion ($407 million). The company will build a 300,000 tonne/year phenol unit, a 185,000 tonne/year acetone plant and a 100,000 tonne/year IPA line at Dahej […]
China retaliates anew; hikes tariffs on US goods to 125% from 12 April
April 12, 2025 By
SINGAPORE (ICIS)–China has raised its tariffs on US goods to 125% effective 12 April, from 84% previously, marking the latest salvo in the trade war that roiled global markets this week. This was in response to the US’ “reciprocal tariffs” on Chinese goods which were raised to 125% on 10 April, the Customs Tariff Commission […]
Asian chemical shares soar after Trump pauses tariffs
April 11, 2025 By
SINGAPORE (ICIS)–Asian chemical shares soared on Thursday after US President Donald Trump announced a 90-day pause for countries hit by higher tariffs. However, the trade war with China has escalated after Trump at the same time increased tariffs on goods from China to 125%, accusing Beijing of a “lack of respect” after it retaliated by […]
Titanium Tetrachloride (TICL4)
March 8, 2025 By
Supplying Titanium Tetrachloride TICL4 – with different applications including manufacturing sponge titanium, titanium dioxide, artificial pearls, smoke screens, pigments, fabric mordants, etc. – by the order from an esteemed customer in March 2025.
Cobalt Octoate
March 8, 2025 By
To offer a flexible choice and support the diverse needs of our clients, Famico has supplied 14,440 kg of Cobalt Octoate from a widely known brand in February 2025. Valirex Co 8.5 Toluene is a Cobalt Octoate in Toluene, used as an additive.
Agitators
February 1, 2025 By
Ordering two Agitators for the DEAC drum from the well-known manufacturer Dalian Satake.
Eurozone private sector returns to growth in January as inflation heats up
January 25, 2025 By
LONDON (ICIS)–Private sector activity in the eurozone returned to a growth footing for the first time in nearly half a year in January, with an expanding service sector counterbalancing stronger but still contractionary manufacturing. Eurozone composite purchasing managers’ index (PMI) firmed to 50.2 in January compared to 49.6 in December, driven by a reading of […]
Argentina’s chemicals, manufacturing could be collateral victims of liberalization push
January 25, 2025 By
SAO PAULO (ICIS)–Argentina’s cabinet drive to shift the economy from staunch protectionism into liberal bastion is increasing fears among chemicals and wider manufacturing players that the country’s beleaguered industrial fabric is yet to suffer further losses in output in coming years. As production costs in Argentina remain higher than in key manufacturing hubs such as […]
US ExxonMobil may build cracker, PE plant in Texas
January 25, 2025 By
HOUSTON (ICIS)–ExxonMobil may build an ethane cracker and polyethylene (PE) plant near Corpus Christi, Texas, the company said in an application for a tax break. If ExxonMobil proceeds with the project, it would be built in Calhoun county, which is north of Corpus Christi, the application said. Construction could start in 2025 and finish at […]
Asia-US container rates plunge on Lunar New Year holiday lull
January 25, 2025 By
HOUSTON (ICIS)–Rates for shipping containers from east Asia and China to the US plunged this week, as did global average rates amid the typical slowdown around the Lunar New Year (LNY) holiday. Meanwhile, shipowners are out with surcharges on various trade lanes, which could support rates at current levels even with the slowdown in volumes. […]
