SINGAPORE (ICIS)–Asian chemical shares fell on Friday amid deepening concerns over a global trade war after the White House clarified that the US’ tariffs on China has risen to 145%. By 01:15 GMT, Japanese producers Asahi Kasei and Mitsui Chemicals had fallen by 5.16% and 4.03% lower respectively in Tokyo, while LG Chem was down […]
India PVC domestic players call for policy support amid surge in demand, imports
April 12, 2025 By
MUMBAI (ICIS)–India’s vinyl industry leaders voiced optimism about long-term demand growth while raising caution over rising imports and the need for a stable regulatory framework at the 12th Vinyl India Summit held in Mumbai on April 10-11, 2025. The conference brought together domestic producers, global suppliers, and policymakers to chart the future course of one […]
India’s Deepak Chem Tech to build new phenol, acetone, IPA plants
April 12, 2025 By
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 […]
