Gallery - Chemical Industry Outlook 2023

Latest News

Evonik to invest C$150 million in new Vancouver drug manufacturing facility

The new facility will more than triple Evonik’s existing manufacturing capacity for advanced pharmaceutical products in Vancouver

Nexon Geochem clears first technical hurdle for Indian-made Nd-Fe-B magnets

Nexon is developing an integrated, end-to-end manufacturing process designed to convert Indian-sourced raw materials into finished Nd-Fe-B magnets

Acutaas Chemicals’ Korea unit opens semiconductor materials plant in Gongju

Facility targets semiconductor materials growth through India-Korea manufacturing model

Alleima deepens Airbus partnership with longest commitment yet

Alleima will expand its contribution of titanium seamless tube solutions to Airbus program

Dover Precision Components unveils Innovation Lab services to speed up machinery development

The lab is equipped to support engineers working on turbines, compressors and other rotating and reciprocating machinery

Cyclic Materials raises $75 million to accelerate US rare earth production

Cyclic Materials expects its Arizona magnet separation and critical mineral recycling plant to begin operations in the third quarter of 2026

Mitsu Chem Plast adds 600 MT capacity taking FY27 expansion to 6,700 MT

The company has now announced cumulative capacity additions of 6,700 MT/year in FY27

GP Petroleums bags four-month exclusivity for potential strategic acquisition under ‘Project Petroleum’

GP Petroleums has exclusive rights for four months from the effective date to conduct due diligence, evaluate the target assets and negotiate the proposed transaction

BCL Industries restarts Bathinda ethanol plant after recent fire

The shutdown followed a June 19, 2026 fire involving an ethanol tanker, which forced the facility to halt operations

Envalior and SECARA target closed-loop PA6 from end-of-life vehicles as EU recycling rules tighten

The goal is to produce a drop-in raw material that can be fed directly into Envalior’s existing PA6 manufacturing process

Emvolon and Freepoint strike $450 million+ deal to scale waste-gas-derived liquid fuels

The deal includes a first purchase option worth more than $450 million over seven years

DCPC organizes 1st Edition of CHEMCONNECT 2026 at IIT Madras

Centre of Excellence on Biodegradable Packaging Materials (BioPack) inaugurated at IIT Madras

DCM Shriram
Anupam Rasayan
Ingenero
ION Exchange
RIECO
Shiva Engineering
Arete Services
IPCO
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Meghmani Finechem
Soujanya
Solvay
MAAG
Deepak Responsible Chemistry
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