Gallery - Chemical Industry Outlook 2023
Latest News
Coordinated global action essential to combat plastic waste, says DCPC Secretary Tejveer Singh
The Indian recycled plastics market is projected to reach US$ 3.81 billion by 2032, growing at a CAGR of 10.95% during 2024–2032
ACME Group secures green ammonia and methanol offtake deals with IHI and Mitsubishi Gas Chemical
Under the deal, ACME will supply a total of 4,05,000 tonnes per annum of green ammonia and 1,00,000 tonnes per annumof green methanol
Sulzer lands key role in Vitol-backed €80,000-tonne plastic recycling plant in Rotterdam
The planned plant, located next to Vitol’s VPR refinery in the Port of Rotterdam, will be capable of processing up to 80,000 tonnes of mixed plastic waste per year
Covestro expands global coatings push with acquisition of Vencorex sites in Thailand & US
HDI derivatives are key building blocks in polyurethane-based coatings, adhesives and sealants, widely used in demanding industrial environments
Chiyoda and Shell bolster global partnership with new engineering and procurement pact
Under the EFA, both companies aim to improve speed and coordination in project execution
Messer expands Southeast Asia footprint with major Singapore–Malaysia acquisitions
The move signals a decisive push into what Messer describes as the largest industrial gases market in Southeast Asia
Caldic and Elkay forge strategic India pact to boost specialty silicone solutions
Caldic India will distribute Elkay Chemicals’ specialty silicone technologies across the paints, coatings, construction, and industrial sectors
Bayer spins off US glyphosate biz into Ruveon to sharpen market focus & boost agility
Based in St. Louis, Missouri, Ruveon will take full control of the U.S. glyphosate business, overseeing pricing, go-to-market strategy, production, and logistics
Kirloskar Pneumatic launches India’s first compact centrifugal compressor for 600–980 CFM range
The new system is an advanced two-stage centrifugal air compressor delivering 600 to 980 CFM of Class 0 oil-free air
Alfa Laval lands record 1.1 BSEK order for major Brazilian biofuels push
The order will be delivered in phases through to 2029, when the facility is expected to begin operations
Technip Energies, Alterra & Neste unveil ‘Nerea’ to industrialize plastic chemical recycling at scale
The system is built as a standardized modular plant designed to cut early-stage investment risk
Adani Green crosses 20 GW milestone, becomes India’s largest renewable player
AGEL reached it within a decade of commissioning its first project at Kamuthi, Tamil Nadu, in 2016
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