Gallery - Chemical Industry Outlook 2023

Latest News

Intrinsic Foundries secures Rs. 12 crore seed round to scale carbon-to-value biomanufacturing

The company will use this capital to execute industrial pilots, expand research, file IP, and strengthen manufacturing

EU slaps up to 21.7% anti-dumping tariffs on Korean and Taiwanese plastics in €1.4bn market crackdown

The anti-dumping duties imposed range from 5.2% to 7.5% for Korea and from 10.9% to 21.7% for Taiwan

Syensqo bags French backing for €20M decarbonization push in Saint-Fons chemical site

The project is one of just seven industrial initiatives nationwide chosen to accelerate the decarbonization of key sites

Mitsubishi turns CO2 into jet fuel in breakthrough synthetic fuel demo

The breakthrough was achieved at MHI’s Research & Innovation Center in Nagasaki

Schneider Electric unveils industry’s first open, software-defined DCS

In a recent global research report conducted with Omdia, Schneider Electric found that closed industrial systems drain mid-sized industrial companies of 7.5% of annual revenue due to downtime, inefficiencies, and compliance retrofits

Petrobras lands landmark free-market gas deal with Cerbras

Petrobras has been expanding its operations in this contracting environment

Avient reports mixed 2025 earnings, projects growth for 2026

Looking ahead to 2026, Avient expects mixed demand conditions but sees growth potential from its ongoing initiatives

Neste expands in Sweden with new lubricants warehouse

Neste’s OEM-approved lubricants, developed in Finland for the harsh northern climate, cover a wide range

Zeon Corp invests $50M in Chemify to supercharge digital chemistry innovation

Chemify’s breakthrough Chemputation technology digitizes and automates the entire chemical discovery process

Dober acquires Lygos agronomy & water treatment businesses to expand specialty chemical portfolio

The two companies had previously collaborated on Soltellus polymer manufacturing

Elcogen, JNK India partner to drive solid oxide technology in India

Under the MoU, the companies will explore using Elcogen’s proprietary solid oxide stacks and modules to recover and utilize waste heat

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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