Czech energy regulator outlines key concerns about German gas storage levy

LONDON (ICIS)–The Czech Energy Regulatory Office (ERO) has told ICIS it has serious concerns about the German storage neutrality levy. Chief among the points of concern it outlined were the levy’s compatibility with EU rules and the security of Czech gas supply, with the levy increase potentially opening a backdoor for increased Russian flows to […]

USDA calls for higher corn exports, lower ending stocks in final 2023 WASDE

HOUSTON (ICIS)–The US Department of Agriculture (USDA) is forecasting higher corn exports and lower ending stocks but otherwise had minimal changes within the December World Agricultural Supply and Demand Estimate (WASDE) report. This current corn outlook is projecting there to be higher exports and lower ending stocks with exports raised by 25m bushels to 2.1bn […]

Parts for Spindle

Guided by our support of preparing the spare parts, our aim is to help meet the world’s growing demands for the require spare parts. Famico commitment leads us to follow our customers requirements as a means of solving some of the most pressing challenges of our time.

Spares for Roller Conveyor

Serving as a dynamic platform to engage with the leading manufacturers, once again our purpose is to assist our customers by providing them not only by supplying the production line and machineries, but also by furnishing them the related spare parts. Recently, once again Famico ensures the client to prepare the best services by providing […]

Northwest Europe ammonia-to-hydrogen production costs dip

LONDON (ICIS)–The ICIS Northwest Europe ammonia-to-hydrogen price eased back to its lowest value in six weeks on the final day of November, but larger falls were witnessed in values of other forms of hydrogen generation. The ammonia-to-hydrogen price fell by €0.08/kg on a weekly basis to stand at €6.07/kg on 30 November, the lowest value […]

Brazil’s polymers players unfazed by import tariff hike, producers upbeat

SAO PAULO (ICIS)–Brazilian petrochemicals sources have said the slight hike in polymers’ import tariffs will have little overall impact, although it is expected to help shore up margins for domestic producers. Earlier in November, Brazil’s Chamber of Foreign Commerce (Gecex-Camex) decided to hike import tariffs on several polymers, partly reversing a decision adopted in 2022 […]

India specialty chemical makers struggle amid poor global demand, dumping

MUMBAI (ICIS)–Profitability of specialty chemicals producers in India is being weighed down by poor demand amid the global economic slowdown and volatile crude prices, with market conditions unlikely to improve in the next three to four months. Competition from imports, largely coming from China, also affects local players amid weakness in demand in the eurozone […]

Argentina’s petchems brace for deep downturn as Milei delivers shock therapy

SAO PAULO (ICIS)–Argentina’s petrochemicals players are bracing for a severe and potentially year-long economic contraction as President Elect Javier Milei implements his shock recipes for the country’s beleaguered economy. Last week, Argentinians showed with clarity their desire for change electing far-right and libertarian Milei for the highest office with more than 56% of the votes. His […]

Northwest Europe ammonia-to-hydrogen production costs steady in week 47

LONDON (ICIS)–The ICIS Northwest Europe ammonia-to-hydrogen price increased marginally on a weekly basis heading towards December, with a similar move reported on low-carbon hydrogen while baseload electrolysis saw a solid increase. The ammonia-to-hydrogen price increased by €0.04/kg on a weekly basis to €6.15/kg on 23 November, continuing the recent trend over the past seven weeks […]

Steel Pallets

In October 2023, Galvanized Steel Pallets have been delivered to the customer.