Gallery - Chemical Industry Outlook 2023
Latest News

Linde India starts production at new gas facility in Lucknow
This new facility strives to focus on boosting storage, handling and distribution capabilities

UPL Global to acquire 49% stake in Thailand’s Grow Chemical for $0.76 million
UPL said the acquisition is expected to close on or before December 31, 2025

OMV initiates €400 million cost-saving drive to enhance competitiveness
OMV has entered into negotiations with employee representatives regarding the potential impact on its workforce in Austria

Kemira acquires Water Engineering for $150 million
Water Engineering brings significant expertise in boiler and cooling tower water treatment formulations

Jordan, China sign MoU on green hydrogen project
Minister of Energy Saleh Kharabsheh signed the MoU with United Energy Group Vice President Lei Guimin

Tata Power Renewable Energy and Suzlon to co-develop 838 MW wind energy capacity
TPREL has a wind energy portfolio exceeding 3.9 GW

Cyient Semiconductors and Anora partner to expand turnkey test and validation solutions
The companies will establish a state-of-the-art semiconductor validation and production test floor in Bangalore

Coolbrook successfully cracks 100% plastic-waste-derived pyrolysis oil
Coolbrook has also successfully cracked naphtha at the pilot plant

Elkem advances silicone rubber recycling innovation
The innovation enables the recycling of crosslinked HCR waste and the reintroduction of the recycled material into new formulations

Mevaldi secures funding from HTGF and ICIG Ventures to scale green chemistry technology
The investment follows Mevaldi’s recent award from the Circular Bio-based Europe Joint Undertaking programme

Altana reports H1 2025 EBITDA at €290 million
Altana is pressing ahead with investments in Europe, including the construction of a state-of-the-art innovation, laboratory, and seminar complex at its Wesel headquarters

PPG introduces non-methanol hard coating for ophthalmic lenses
New formulation supports regulatory compliance, enhances worker safety, and maintains lens durability