Gallery - Chemical Industry Outlook 2023
Latest News
Hindustan Zinc, Tata Steel deepen green push with low-carbon zinc deal
The move signals a decisive shift by two industrial giants to hardwire climate goals into core operations and procurement
XRG moves to take control of Covestro with €59.46 per share buyout
XRG wants a resolution to be passed on the transfer of the shares of the company’s remaining shareholders (minority shareholders) to XRG in exchange for an appropriate cash compensation
Workroom Automation raises Rs. 6.2 crore to revolutionize manufacturing with AI-powered factory platform
The funds will be used to accelerate product development, strengthen the core platform, and scale go-to-market efforts
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
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