Gallery - Chemical Industry Outlook 2023

Latest News

Sudarshan Chemical sells VP4 Frankfurt to Celanese to double down on pigments

VP4 Frankfurt, which became part of Sudarshan following its acquisition of the Heubach Group, manufactures specialty intermediates including Diketene

Elcogen and China Southern Power Grid subsidiary seal pact to advance solid oxide technology

The companies will explore joint development of solid oxide products for the Chinese market

Siemens Energy to spin off industrial energy business in major restructuring

Siemens Energy said the separation is aimed at creating an independent industrial energy solutions company with greater entrepreneurial flexibility and stronger growth prospects

Burckhardt Compression wins major Petrobras orders for Brazil energy complex

The deals strengthen the company’s push to expand its footprint across South America’s fast-growing energy market

PPG launches one-component marine coatings portfolio to simplify onboard maintenance

Coatings maintenance is essential for extending vessel lifecycles

Neo and Carester forge European rare earth supply chain pact

Silmet is one of Europe’s few operating commercial rare earth separation facilities and has established capabilities in separating light rare earths

BPCL powers ahead with strong FY26, setting sights on petrochemicals, green energy

BPCL is targeting petrochemicals as a key source of future growth as demand rises across packaging, automobiles, construction, healthcare and electronics

Vipul Organics’ Adimem acquires Aquaporin’s Danish membrane platform

Acquisition brings proven membrane infrastructure to ADIMEM’s Sayakha facility, deepening vertical integration in advanced RO/NF membrane manufacturing

LG Energy Solution locks In 10-year US lithium supply deal

Smackover Lithium — a partnership between Standard Lithium Ltd. and Equinor — will supply the material from its South West Arkansas (SWA) Project in Arkansas

Air Products expands hydrogenation testing capabilities at Pennsylvania lab

The recent enhancements at our Chemicals and Refinery Process Lab enable Air Products to be a one-stop shop and true collaborator with our customers

OMV Petrom boosts Petrobrazi green hydrogen capacity to 55 MW

All seven modules of the new electrolyzer have now been delivered to the refinery

SLB bets $3.4 billion on AI boom with Kelvion acquisition

The deal, which also includes the assumption of about $700 million in debt, will give SLB access to Kelvion’s cooling and heat-exchange technologies

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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