Gallery - Chemical Industry Outlook 2023

Latest News

Evonik sells Hanau pharma assets to ProChem in strategic portfolio shift

The sale is part of a broader strategy to streamline its asset footprint and concentrate investment on core growth areas

Univar expands EMEA reach in botanical ingredients push with American Distilling partnership

The company will now distribute American Distilling’s range of natural specialty ingredients for use in cosmetics, personal care, and pharmaceutical applications across select EMEA markets

Himadri deepens battery push with fresh IBC investment and raises stake to 20.47%

Through the partnership, Himadri gains access to IBC’s battery technology ecosystem, including its R&D centre in California

Denmark–Vietnam deal powers push for cheaper & cleaner domestic biofuels

The two companies will explore ways to improve ethanol yields, reduce production costs, and enhance overall competitiveness by applying Novonesis’ technical expertise in industrial biofuel processes

Invert Graphite moves to acquire RapidPulse tech in push for vertically integrated graphite supply chain

The deal gives InVert access to the RapidPulse catalytic graphitisation process

India’s C&I energy storage market set for 30x surge by 2032 as battery adoption accelerates

The study points to a dramatic expansion of India’s Commercial and Industrial (C&I) energy storage market

TotalEnergies unveils MethaneLive at VivaTech

Scaling real-time AI fight against emissions

Nippon Paint pushes next-gen coil coating innovation at Nairobi industry summit as Africa demand surges

He highlighted the industry’s most pressing technical challenges and opportunity areas—from durability under extreme conditions to cost efficiency and sustainability

TruAlt Bioenergy secures Rs. 150 crore under PM JI-VAN Yojana for ambitious SAF push

The funding is expected to incentivize around 7–10% of the project’s capital expenditure

AMF clears Camlin Fine Sciences’ mandatory takeover offer for Vinpai

As of today, Camlin Fine Sciences holds 83.82% of Vinpai’s share capital and 80.85% of its voting rights

Ohmium and Hynfra partner to advance green hydrogen projects across MENA

Ohmium will also provide technical support and its PEM electrolyzer expertise throughout development

Wacker powers up new Czech plant to drive next-gen silicone growth in Europe

The company says demand is being driven by global megatrends— electromobility, renewable energy, grid expansion, digitalization, and medical innovation

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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