Gallery - Chemical Industry Outlook 2023

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UPL and Indian Potash team up to lift sugarcane yields by 15% in Gujarat

The initiative will focus on optimizing the use of seed, soil, water, fertilizers, and crop residue management

India's renewable capacity to hit 100 GW and storage set for 10x surge by 2032

Insights Till 2032, attributes the projected growth to a convergence of powerful market drivers

India steps up industrial corridor push to build resilient chemical supply chains

The chemical industry is entering a transformative phase where supply chains must evolve beyond efficiency to become resilient, intelligent, sustainable and future-ready

Coordinated global action essential to combat plastic waste, says DCPC Secretary Tejveer Singh

The Indian recycled plastics market is projected to reach US$ 3.81 billion by 2032, growing at a CAGR of 10.95% during 2024–2032

ACME Group secures green ammonia and methanol offtake deals with IHI and Mitsubishi Gas Chemical

Under the deal, ACME will supply a total of 4,05,000 tonnes per annum of green ammonia and 1,00,000 tonnes per annumof green methanol

Sulzer lands key role in Vitol-backed €80,000-tonne plastic recycling plant in Rotterdam

The planned plant, located next to Vitol’s VPR refinery in the Port of Rotterdam, will be capable of processing up to 80,000 tonnes of mixed plastic waste per year

Covestro expands global coatings push with acquisition of Vencorex sites in Thailand & US

HDI derivatives are key building blocks in polyurethane-based coatings, adhesives and sealants, widely used in demanding industrial environments

Chiyoda and Shell bolster global partnership with new engineering and procurement pact

Under the EFA, both companies aim to improve speed and coordination in project execution

Messer expands Southeast Asia footprint with major Singapore–Malaysia acquisitions

The move signals a decisive push into what Messer describes as the largest industrial gases market in Southeast Asia

Caldic and Elkay forge strategic India pact to boost specialty silicone solutions

Caldic India will distribute Elkay Chemicals’ specialty silicone technologies across the paints, coatings, construction, and industrial sectors

Bayer spins off US glyphosate biz into Ruveon to sharpen market focus & boost agility

Based in St. Louis, Missouri, Ruveon will take full control of the U.S. glyphosate business, overseeing pricing, go-to-market strategy, production, and logistics

Kirloskar Pneumatic launches India’s first compact centrifugal compressor for 600–980 CFM range

The new system is an advanced two-stage centrifugal air compressor delivering 600 to 980 CFM of Class 0 oil-free air

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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