Evonik boosts 2026 outlook as Middle East supply disruptions drive earnings surge
Evonik has significantly boosted its 2026 earnings forecast after a stronger-than-anticipated second quarter, with supply chain disruptions connected to the...
Odisha starts land acquisition for IOC’s Paradip petrochemical complex
The Odisha government has started land acquisition for Indian Oil Corporation (IOC)’s mega petrochemical complex in Paradip, signifying the first...
Shivtek Spechemi obtains land in Ankleshwar for setting up chemicals production hub
Shivtek Spechemi Industries Ltd, a leading speciality chemicals producers and flagship corporation of the Shiva Group of Industries, has declared...
Aether Industries, Dow India release joint research programme on silicone production technology
Surat-based speciality chemicals firm and contract research and production services (CRAMS) provider, Aether Industries Ltd., has declared a collaborative research...
Why green chemicals are moving from niche to industrial scale
Green biochemicals are moving beyond pilot ventures into a much broader industrial market covering fuels, packaging, solvents and enzymes. MarketsandMarkets...
Fuhua-Evonik hydrogen peroxide megaplant begins manufacturing in China
Manufacturing has officially started at the new hydrogen peroxide megaplant operated by Fuhua and licensed by Evonik in Leshan, Sichuan...
BASF advances restructuring, acquiring stronger market foothold
BASF Group reported robust financial performance for the second quarter of 2026, considerably surpassing analyst expectations, reinforcing guidance upgrade for...
Cabinet clears scheme for setting up three new chemical parks
The Union Cabinet has approved the Bhavya Rasayan Scheme (Bharat Audyogik Vikas Yojana Rasayan) with a financial outlay of Rs....
Where does chemical recycling of plastics go from here?
As of 2024, in spite of growth in overall plastic recycling rates, over 70% of European plastic waste is either...
BASF to Reduce Operations at Alabama Facility, Impacting 80 Jobs
BASF will stop running various manufacturing lines at its McIntosh, Alabama plant by spring 2027. A chemical producer is cutting...