Gallery - Chemical Industry Outlook 2023
Latest News
SED clinches 8th repeat deal with Laxmi Organic
Targets high-load wastewater with advanced MVR system
Mitsui, Idemitsu & Sumitomo Chemical clear major regulatory hurdle in landmark polymer integration
They stated the objective is “to realize resilient and essential businesses that support Japanese industries and to enhance the competitiveness of the PO business, including PP and polyethylene
Azelis posts resilient Q1 as acquisitions mask organic slowdown and cash flow strengthens
Profitability came under strain. Gross profit fell to EUR 246m, with margins narrowing to 23.7% as negative product mix—particularly in Asia Pacific—weighed on performance
Air Liquide breaks ground on major Huizhou gas plant to power China’s semiconductor boom
Once operational in 2027, the facility will produce around 800 tons per day of liquid oxygen, nitrogen, and argon
Kemira targets €15M savings and up to 150 job cuts globally
The company currently employs around 4,900 people globally, including approximately 800 in Finland
Lummus and ART-Envi unveil fully enclosed coke handling system to cut emissions in refinery op
The goal is a cleaner, safer, and more controlled approach to petroleum coke management
INEOS bets €4.5bn on Europe’s industrial future as chemical sector faces exodus & closures
The company’s Project ONE will be a world-scale cracker designed to produce ethylene with dramatically lower emissions
Ashoka University and IIT Dhanbad join forces on critical minerals & energy transition push
A major push to strengthen India’s clean energy and critical minerals ecosystem is underway
BlueAlp chosen as technology partner for BioBTX Delfzijl plastics-to-aromatics plant
BioBTX will then apply its proprietary catalytic ICCP process to upgrade these vapours into circular aromatics, including benzene, toluene, and xylene
SIBUR taps AI to engineer next-gen polymers & fight counterfeiting
SIBUR is also tapping into massive industrial datasets generated across the entire polymer value chain
Eveready Commissions Rs. 200 crore alkaline battery facility in Jammu
The facility boasts of a robust annual peak production capacity of approximately 360 million alkaline batteries with an annual installed capacity of 456 million
Chemical Minister Nadda meets industry leaders to blueprint growth for chemicals & petrochemicals
The meeting addressed the ongoing West Asian crisis, with emphasis on enhancing sectoral resilience and developing alternative supply chains to mitigate external risks
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