Gallery - Chemical Industry Outlook 2023

Latest News

KBR wins green methanol contract for landmark Saudi biomethanol plant

The contract marks a significant step in Saudi Arabia’s efforts to curb landfill-gas emissions

Dr. Ilham Kadri reappointed as Chair of WBCSD

At Syensqo, Dr. Kadri has driven the One Planet sustainability program, leading to a CDP "A" rating for climate and water

Orlen acquires control of key petrochemical unit in deal with Synthos

ORLEN aims to strengthen its petrochemical value chain and ensure long-term operational transparency

Fitch maintains "deteriorating" outlook for chemicals sector due to massive overcapacity, increased trade tensions

Fitch expects North American chemical demand to remain weak in 2026, reflecting the slowdown in US growth and ongoing softness in key consumer durables, construction, and autos markets

Alleima expands product capabilities at Mehsana plant in India for urea industry

SAF 2906 is specifically engineered for the rigorous demands of urea production and SAF 3006 is a versatile super-duplex alloy designed for the chemical, petrochemical, refinery, and marine sectors

ADNOC secures $2bn green financing deal backed by Korea

ADNOC is investing $23 billion to decarbonize its operations and accelerate growth in new energy sectors, including hydrogen, geothermal and renewables

LOTTE Chemical pledges ₩247.3 billion to boost SME partners

The company has positioned itself as a long-time leader in shared growth with SMEs

AkzoNobel CFO delays retirement to steer Axalta merger; incoming CFO appointment dropped

Maarten de Vries, who was set to retire in April, will now extend his tenure by one year to support the merger

CTP Advanced Materials earns EcoVadis Gold

The recognition highlights CTP Advanced Materials’ sustained and strategic investment in sustainability

K2 Pure Solutions breaks ground on California’s first commercial low-carbon hydrogen project

The facility, slated for commissioning in early summer 2026, will transform K2’s existing chlor-alkali operations into the state’s first commercial source of low-carbon, high-pressure hydrogen

Himadri wins Golden Peacock Award for HR Excellence 2024

The recognition underscores company's sustained focus on building a future-ready and people-centric organisation

Vadodara-based Axiom Gas Engineering receives in-principle approval for IPO

The company intends to utilise approximately Rs. 27 crore of the total IPO proceeds towards capital expenditure requirements

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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