Gallery - Chemical Industry Outlook 2023

Latest News

Evonik and IMCD expand U.S. distribution partnership for visiomer specialty methacrylates

The move strengthens Evonik’s regional reach and gives customers broader access to its advanced solutions through IMCD’s established distribution network

Worley bags FEED contract for Chevron’s Aphrodite gas field development

The Aphrodite development is Cyprus’ first offshore gas development and is expected to achieve first gas in 2032

Brenntag delivers resilient 2025 results despite weak markets, steps up cost cuts

The company posted €15.2 billion in sales, a 3.7% decline from 2024

EU clears €260 million boost for major carbon capture project in Belgium

The project aims to create an integrated, cross-border CCS value chain at industrial scale, which will result in around 20 million tonnes of net GHG emissions avoided, over 15 years

dsm-firmenich bets on consumer-focused strategy as it targets growth in 2026–27

The company told institutional analysts and investors it is entering a new phase following the divestment of its Animal Nutrition & Health unit

Vianode bags major North American battery real as energy storage demand surges

Vianode will deliver 8,000 tonnes of synthetic graphite from its Norwegian production facility, Via ONE

Univar Solutions expands SI Group distribution deal across key EMEA markets

The agreement covers a wide portfolio of SI Group products including antioxidants, stabilizers, UV light stabilizers, impact modifiers and other additives used in plastics and rubber manufacturing

ICC Outlook Conference 2026: Navigating geopolitics and boosting competitiveness to shape the future of chemical industry

The first day discussions centered on navigating global supply chain shifts, enhancing competitiveness, and driving sustainability within the Indian chemical industry

PM Modi lays foundation stone for Rs. 5,514 crore polypropylene project at BPCL Kochi Refinery

The project will establish a 400 KTPA polypropylene unit along with associated facilities for the production of six grades of homopolymer polypropylene

America First Refining secures 20-year deal to build first new US refinery in 50 years

Transaction represents largest energy deal in US History

Henkel posts solid 2025 results amid global uncertainty

Henkel’s 2025 group sales totaled €20,495 million, down 5.1% year-on-year in nominal terms

WACKER posts €805M loss, scraps dividend as chemical sector struggles

The losses were driven by restructuring charges tied to the company’s sweeping cost-cutting initiative

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