Gallery - Chemical Industry Outlook 2023

Latest News

Pace Digitek bags Rs. 92.9 crore BESS order as manufacturing capacity doubles

The order was won by the company’s material subsidiary, Lineage Power Private Limited

Fineotex credit rating upgraded to ICRA AA- on stronger scale & diversification

ICRA said its Stable outlook reflects expectations that the acquisition will support growth in Fineotex's operating scale and earnings

Gurit raises 2026 guidance as first-half sales and profits surge

Gurit now expects net sales growth from continuing operations of 9-11% at constant exchange rates

Lonza names Samanta Cimitan as Chief Commercial Officer

Cimitan will join the world’s leading contract development and manufacturing organization (CDMO) by 1 January 2027

Xanadu and Mitsubishi Chemical deepen quantum computing push for next-gen chips

Xanadu plans to demonstrate how quantum computing could contribute to the development of EUV resist materials

Lithium Argentina lands $180M Ganfeng investment as partners consolidate major Argentina lithium projects

The deal gives Lithium Argentina a financial lifeline ahead of $259 million in convertible debt due in January 2027

Princeton NuEnergy selected for $50 million DOE grant negotiations for Georgia battery recycling facility

The $110 million project, backed by $60 million in company funding, is designed to process 3,000 tonnes of nickel-based lithium-ion battery manufacturing scrap annually

Worley lands three US contracts to power data center expansion

The projects will deploy a mix of gas turbines, aeroderivative turbines and reciprocating engines

Saint-Gobain deepens Latin America push with Peru acquisition & Brazil plasterboard expansion

The deal strengthens Saint-Gobain’s position in key Peruvian markets

Godrej Industries Group's National Chemistry Day Summit puts resilience and collaboration at heart of India’s chemical industry

Stronger technology and R&D partnerships, enabling infrastructure and policy support, greater collaboration and faster project execution emerged as critical priorities

IAN Angel Fund co-leads Rs. 12.5 crore investment in CarbonStrong to scale low-carbon cement alternative

CarbonStrong has already completed multiple customer trials and paid pilots

Xtovia signals India’s shift from beauty manufacturing to proprietary science

The development also signals a broader shift in India’s beauty and specialty chemicals ecosystem

DCM Shriram
Anupam Rasayan
Ingenero
ION Exchange
RIECO
Shiva Engineering
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IPCO
Apcotex
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MAAG
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