Gallery - Chemical Industry Outlook 2023
Latest News
Kronox Lab Sciences acquires Axiom Chemicals’ Dahej plant
Kronox Lab Sciences is acquiring this asset to expand its chemical manufacturing capacity
Moeve and ENSO form alliance to decarbonize heavy industry with biomass and renewable gases
The collaboration will drive the development of renewable gases, from the conversion of biogas plants to biomethane to the production of e-fuels through the utilization of biogenic CO2
Saint-Gobain to acquire D.S. Brown to expand construction chemical portfolio
This move accelerates the company’s growth in the infrastructure market
Arkema invests €150 million in next-generation French chemical plant to cut carbon emissions
New purification unit in Carling boosts energy efficiency by 25% & cuts carbon intensity by 20%
Honeywell launches Forge Cognition with NVIDIA & Dell to bring physical AI to buildings & industrial operations
The platform, Forge Cognition, combines AI agents with real-time digital twins to help facility operators detect problems
Symrise expands Globalide production in India to tap growing fragrance market
The investment strengthens the company’s supply capabilities for the biodegradable macrocyclic musk ingredient
Covestro plans major Antwerp rejig putting up to 260 jobs at risk
This major restructuring is driven by mounting losses, global oversupply and intensifying competitive pressure on Europe’s chemical industry
Symrise opens Singapore Scent Creative Center to accelerate fragrance innovation in Asia
The new center brings together Consumer Fragrance, Fine Fragrance and Oral Care expertis
Nissan Chemical sets up China subsidiary to strengthen semiconductor materials supply
The company’s first capital contribution of RMB 89 million (approximately JPY 2.1 billion) is scheduled for October 15, 2026
Aramco’s China partnership hits historic milestone as Liaoning enters commissioning
The milestone comes as Aramco marks 35 years since its first crude oil shipment to China
Indonesia’s CA-EDC project nears finish line as Danantara, INA & Chandra Asri seal deal
Construction had reached approximately 80% completion as of September 2026
SABIC puts partnerships at the heart of energy growth at Riyadh Congress
Alfaqeer, CEO and Executive Board Member, highlighted how partnerships can accelerate development and unlock growth across the energy industry





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