Gallery - Chemical Industry Outlook 2023

Latest News

AkzoNobel opens €7.5-million powder coatings innovation lab in the Netherlands

AkzoNobel has invested more than €1.3 billion in research and development over the last five years

SK Innovation and TerraPower deepen nuclear push as AI data center power demand soars

SK Innovation and SK Inc. jointly invested $250 million in TerraPower in 2022

KBR selected to deliver FEED services for Nebraska's Live Oak e-Methane project

The project is scheduled to begin commercial operations by 2030

Perstorp to shut down polyols plant in Toledo

This decision follows a thorough assessment of Perstorp’s manufacturing footprint

Novonesis to invest €600 million in India & build advanced enzyme facility

The expansion is expected to be fully operational by 2030 and will significantly increase Novonesis’ production capacity for enzymes

Bayer accelerates Crop Science launches as it targets 10 new blockbusters

The pipeline is central to Bayer’s efforts to revive growth in its Crop Science business

BP appoints Ian Tyler as Chair

Dame Amanda Blanc prepares to leave board

Shivtek Spechemi to invest Rs. 15 crore for Kurnool plant expansion

Adds 14,000 MT capacity in chlorinated paraffins

Solvay expands electronic-grade hydrogen peroxide capacity in Taiwan

Electronic grade hydrogen peroxide is vital for cleaning semiconductor wafers

Sika closes acquisition of Turkey’s Akkim to drive global growth

Akkim is a rapidly growing business that generated net sales of approximately CHF 220 million in 2025

BPCL and CSE join hands to scale biofuels, waste-to-resource & circular economy solutions

The partnership will cover feedstock assessment and supply-chain development, biomass and waste-resource management

India must 'overhaul green finance' & 'build nuclear workforce' to hit 100 GW target by 2047

India currently operates 25 nuclear reactors with a combined capacity of about 8.8 GW across seven sites

DCM Shriram
Anupam Rasayan
Ingenero
ION Exchange
RIECO
Shiva Engineering
Arete Services
IPCO
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