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

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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