Gallery - Chemical Industry Outlook 2023

Latest News

From compliance to performance: Rethinking emissions monitoring in refineries and petrochemical plants

Refineries and petrochemical plants exercising data monitoring along with connected, real-time usage, can show significant Global Evaluation Initiative (GEI) improvements

WeylChem Bilbao eyes expansion of sulphur-melting capacity

This move demonstrates ICIG's strong confidence in the European sulphur value chain

Balrampur Chini Q2 profit surges 82%

For the first half of FY27, consolidated revenue increased 9.3% to Rs 3,513.07 crore

Dharmaj Crop Guard holds H1 revenue steady at Rs 717 crore despite weak monsoon

Profit after tax (PAT) increased 3% year-on-year to Rs 51.3 crore, while EBITDA margin remained broadly stable at 11.4%

India’s chemicals & petrochemicals sector eyes massive expansion by 2040 amid manufacturing push

Production of major chemicals and petrochemicals rose from 45,638 thousand metric tonnes (MT) in 2015–16 to 58,617 thousand MT in 2024–25

India nod to Rs. 62,370 crore fertiliser subsidy for Rabi 2026-27, raises outlay by Rs 24,418 Cr

The proposed allocation is significantly higher than the Rs 37,952.29 crore budgetary requirement for Rabi 2025-26

India bans lithium-ion battery black mass exports to secure critical minerals

Black Mass, a powdery material generated by shredding end-of-life lithium-ion batteries and battery manufacturing waste, contains recoverable quantities of critical minerals such as lithium, cobalt, nickel and manganese

AkzoNobel & Axalta eye CMA concerns as merger faces UK competition scrutiny

Companies propose divesting AkzoNobel’s European vehicle refinish coatings business to address competition concerns; merger completion targeted for early 2027

TACC bags Rs 609.50 crore government incentive for synthetic graphite anode llant in Madhya Pradesh

The project is planned to achieve a committed capacity of more than 30,000 metric tonnes per annum (MTPA) by FY2028-29

Henkel bolsters North American footprint with new ATP adhesive systems facility in South Carolina

The investment underscores Henkel's strategic push to expand beyond liquid adhesives

Brenntag posts 14.5% jump in Q3 EBITDA

Free cash flow, however, fell to €183 million from €315 million in the corresponding quarter last year

DuPont unveils 4 high-flow EDI modules to boost high-purity water production

The expanded portfolio targets a broad range of industries, including power generation, green hydrogen, petrochemicals, chemical processing, pulp and paper, metallurgy, solar photovoltaic manufacturing and semiconductor chip assembly and testing