Europe top stories: weekly summary

ICIS Editorial

26-Apr-2021

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 23 April.

France’s chemicals sales fall 15% in 2020 on hit to specialty chemicals
France’s chemicals sales fell 15% in 2020, year on year, due in part to the country’s cosmetics sector taking a hit from pandemic-induced restrictions to mobility, the country’s trade group France Chimie said this week.

UK sulphuric acid buyers ‘in a panic’ as INEOS ends domestic production
The UK’s sulphuric acid market is in disarray in the wake of international chemicals major INEOS’ decision to permanently close its Runcorn sulphuric acid plant, according to market sources this week.

EU chems regulator selects nearly 300 chemicals for possible further regulatory action
The European Chemicals Agency (ECHA) is to further scrutinise potential hazards in 290 chemicals which could result in risk management regulatory action, it said on Wednesday.

INSIGHT: Renewables a pandemic success story but emissions to rise as fossil fuels remain dominant – IEA
Renewable energy could be considered the “success story” of the Covid-19 pandemic in the global energy mix, but growing use of fossil fuels in 2021 is set to increase emissions above 2019 levels, the International Energy Agency (IEA) said on Tuesday.

Hydrogen-powered vehicles could weigh on Europe chems firms involved in EV
European chemicals producers involved in production of batteries for electric vehicles (EVs) could suffer as hydrogen becomes a serious contender to fuel freight vehicles, according to analysts at Credit Suisse, the Swiss bank stated on Monday.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

Want to learn about how we can work together to bring you actionable insight and support your business decisions?

Need Help?

Need Help?