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

DCM Shriram
Anupam Rasayan
Ingenero
ION Exchange
RIECO
Shiva Engineering
Arete Services
IPCO
Apcotex
Meghmani Finechem
Soujanya
Solvay
MAAG
Deepak Responsible Chemistry
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