Gallery - Chemical Industry Outlook 2023

Latest News

Aarti Industries wins global workplace honour, signals culture as competitive edge

The award places the speciality chemicals major among an elite global cohort recognised for turning workplace culture into measurable business advantage

Huntsman opens expanded manufacturing facility in Hungary to meet global demand

The expansion boosts the company’s global production capacity and brings advanced technologies to the polyurethane, coatings, metalworking, and electronics sectors

Alleima expands US footprint with new high-temp electrification service center

Electrified heat is no longer a future ambition—it’s becoming the new standard

Euclid Chemical unveils breakthrough solution to tackle returned concrete waste

The powdered additive is introduced directly into a ready-mix truck drum

Godavari Biorefineries secures Japanese patent for antiviral compounds

The patent protects antiviral compounds developed by the company that inhibit Vacuolar ATPase (V-ATPase) activity in cells, a mechanism involved in viral infection pathways

MHI invites bids for 6,000 MTPA sintered rare earth magnet facilities

The bidding will be conducted online through a transparent Least Cost System (LCS) comprising two-stages (technical bid and financial bid) through Central Public Procurement (CPP) Portal

Lubrizol and Ashirvad enable safe water access for 500+ students in rural Pune

The initiative, implemented with support from Jal Seva Charitable Foundation, will ensure access to 13,000 litres of safe and clean water every single day benefiting over 565 students and 26 staff members

BASF shifts Ludwigshafen acid chlorides and chloroformates production to 100% renewable energy

Initiative reduced product carbon footprint (PCF) by an average of 19 percent in 2025; similar PCF levels expected in 2026 and subsequent years

CHEMEON, SurTec forge global alliance to accelerate shift away from hazardous chrome

Under the agreement, CHEMEON will introduce selected SurTec technologies to the US market, while SurTec will take CHEMEON’s products global—backed by local expertise and established infrastructure

Rubi raises $7.5M as carbon-to-materials tech hits $60M in deals

The startup accelerates industrial scale-up

Innovapptive and Seeq team up to close “last mile” of industrial AI

Despite billions invested in AI and predictive analytics, industry data shows more than 70% of predictive alerts fail to prompt timely field responses

BASF to increase prices for select products in Americas

Given current market dynamics and the high volatility of cost increases, the validity of the price list will be reviewed regularly and communicated accordingly

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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