Tag Archives: Chemical Industry

Renewable Materials Conference 2026 showcases scalable routes to defossilise Europe’s chemical industry

Panel discussion at the Renewable Materials Conference 2026 in Germany

365 participants from 26 countries examined renewable carbon markets, industrial resilience and award-winning innovations spanning CO₂-based surfactants, cellulosic yarn and wastewater treatment IN BRIEFKEY TAKEAWAYSFAQs The Renewable Materials Conference 2026 brought together 365 participants from 26 countries in Siegburg near … Read the full press release →

thyssenkrupp Carbon2Chem® Marks Ten Years of Cross-Industry Innovation as CO₂, Green Hydrogen and Sector Coupling Move Toward Industrial Scale

(IN BRIEF) thyssenkrupp Carbon2Chem® is celebrating ten years of research and industrial development focused on converting CO₂ from steel production and renewable hydrogen into raw materials for chemicals and synthetic fuels. Launched in 2016 with the establishment of a technical … Read the full press release →

GEA AWP Portfolio Targets Growing Demand for Industrial Heating and Refrigeration Components

(IN BRIEF) GEA Systems North America has introduced the GEA AWP portfolio to the North American market, giving customers local access to valves, oil regulation systems and related components for industrial heating, refrigeration and demanding process applications. Manufactured at GEA … Read the full press release →

Ørsted Expands German Offshore Wind Capacity With Borkum Riffgrund 3 Commissioning

(IN BRIEF) Ørsted and Nuveen Infrastructure have brought the 913 MW Borkum Riffgrund 3 offshore wind farm into commercial operation, making it one of Germany’s largest operational offshore wind farms and a major contributor to the country’s domestic renewable energy … Read the full press release →

University of Göttingen Study Finds German Development Cooperation Delivers Higher Economic Benefits Than Previously Known

(IN BRIEF) A recent University of Göttingen study finds that German development cooperation delivers significantly higher benefits to the German economy than previously known, with every euro invested directly in a partner country linked to EUR 2.50 in additional German … Read the full press release →

BASF Completes €7.7 Billion Coatings Transaction With Carlyle and Retains 40% Stake in Surventis

(IN BRIEF) BASF has completed its coatings transaction with Carlyle after receiving all required regulatory approvals, finalising a deal with an enterprise value of €7.7 billion. BASF received approximately €5.8 billion in pre-tax cash proceeds on 30 June 2026 and … Read the full press release →

Covestro Expands HDI Derivatives Network With Acquisitions in Thailand and Texas

(IN BRIEF) Covestro has completed its acquisition of two former Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, expanding its regional manufacturing network for materials used in high-performance coatings, adhesives and sealants. Completed on 1 July … Read the full press release →

Salvador Office Extends ABL Support for Process Safety and Infrastructure Life-Extension Projects

(IN BRIEF) ABL has opened a new office in Salvador, Brazil, to expand its regional presence and asset integrity management services. The office will support projects in the oil and gas, maritime and land-based industrial sectors across Brazil and the … Read the full press release →

Cefic launches redesigned ICE website to strengthen emergency response support for chemical transport incidents across Europe

(IN BRIEF) Cefic has launched a redesigned website for its Intervention in Chemical Transport Emergencies (ICE) programme to improve access to emergency response information during chemical transport incidents across Europe. The new platform introduces a more user-friendly structure and updated … Read the full press release →

Arkema reflects on two decades of growth and transformation in specialty materials

(IN BRIEF) Arkema is marking 20 years since its creation and Paris stock market listing by highlighting its transformation into a global specialty materials company focused on innovation and sustainability. Since 2006, the company has nearly doubled in size, increased … Read the full press release →

LANXESS secures top European ranking in Dow Jones Best in Class Index highlighting continued ESG leadership

(IN BRIEF) LANXESS has once again demonstrated its leadership in sustainability by ranking first in Europe and fifth globally in the Dow Jones Best in Class Index for the chemicals sector. The company achieved strong ESG performance across areas such … Read the full press release →

Wacker Chemie Reports Strong Q1 Earnings Growth Driven by Cost Savings and Early Customer Demand

(IN BRIEF) Wacker Chemie AG reported improved earnings in the first quarter of 2026, despite lower year-on-year sales, as cost-saving measures and a surge in customer orders driven by geopolitical uncertainty helped boost profitability. While sales declined due to exchange-rate … Read the full press release →

Uniper, Evonik and Iqony Advance Energy Transition with Scalable Industrial Waste Heat Recovery Solution

(IN BRIEF) Uniper and Evonik have commissioned an innovative high-temperature heat pump in Herne, Germany, capable of converting industrial waste heat into district heating for around 1,000 households. The system, operated in collaboration with Iqony, delivers up to 1.5 megawatts … Read the full press release →

BASF Advances Industrial Decarbonization with Key Delivery for Large Scale Heat Pump Project in Ludwigshafen

(IN BRIEF) BASF has successfully delivered and installed a major component for its industrial heat pump project at its Ludwigshafen site, marking a key milestone in the development of one of the world’s most powerful systems for emission-free steam generation. … Read the full press release →

BASF Supervisory Board Recommends Mark Garrett as Shareholder Representative Candidate Through 2028 Term

(IN BRIEF) BASF SE has nominated Mark Garrett as a shareholder representative candidate for election to its Supervisory Board at the Annual Shareholders’ Meeting scheduled for April 30, 2026. Garrett is set to succeed Liming Chen, who will step down … Read the full press release →

Arkema Earns EcoVadis Gold Medal and Ranks Among Top 2 Percent of Companies for Sustainability Performance

(IN BRIEF) Arkema has been awarded the EcoVadis Gold Medal in recognition of its strong commitment to sustainable development, achieving a score of 84 out of 100 and ranking among the top 2 percent of evaluated companies worldwide in December … Read the full press release →

LANXESS Reappoints CFO Oliver Stratmann for Five-Year Term to Ensure Financial Stability and Strategic Continuity

(IN BRIEF) LANXESS AG has renewed the contract of Chief Financial Officer Oliver Stratmann for another five years, with the new term starting September 1, 2026. The Supervisory Board praised Stratmann’s effective leadership and expertise in financial planning during challenging … Read the full press release →

Evonik sells Indonesian betaines business to Aekyung Chemical, advancing shift toward sustainable specialty chemicals

(IN BRIEF) Evonik has sold its betaines production site in Bekasi, Indonesia, to Aekyung Chemical Co., Ltd., furthering its transformation into a sustainable specialty chemicals provider. The sale includes the entire PT Evonik Sumi Asih joint venture and its 60 … Read the full press release →

BASF and IFF join forces to advance enzyme innovation and sustainable biomaterials for the cleaning and personal care industries

(IN BRIEF) BASF and International Flavors & Fragrances Inc. (IFF) have announced a strategic partnership to accelerate the development of next-generation enzyme technologies and biobased polymers for fabric, dish, personal care, and industrial cleaning applications. The collaboration combines BASF’s expertise … Read the full press release →

Kemira Secures NIB Financing to Accelerate Industrial-Scale Biomaterials Production with IFF Partnership

(IN BRIEF) The Nordic Investment Bank (NIB) has approved a EUR 50 million, 10-year loan to Kemira for constructing a new biomaterials production facility in Finland. The project, jointly developed with International Flavors & Fragrances (IFF), will produce bio-based alpha-glucans … Read the full press release →

BASF Expands NOR-HALS Platform with Launch of Tinuvin NOR 600, a Next-Generation Light Stabilizer for PVC and Polyolefin Applications

(IN BRIEF) BASF has introduced Tinuvin NOR 600, a new-generation NOR-HALS light stabilizer, at K2025 in Germany. The innovative additive expands BASF’s NOR-HALS platform and delivers exceptional UV and heat protection for PVC, PVC alloys, and polyolefin applications, especially in … Read the full press release →

LANXESS shifts Botlek production to low-emission electricity for benzoic acid and derivatives

(IN BRIEF) LANXESS has transitioned production of benzoic acid, benzaldehyde, benzyl alcohol, and sodium benzoate at its Botlek site in the Netherlands to operate fully on low-emission electricity, removing fossil fuels from the process. The move reduces the carbon footprint … Read the full press release →

Covestro Taiwan names Annie Chen as new Managing Director to lead business transformation from September 2025

(IN BRIEF) Covestro has appointed Annie Chen as the new Managing Director of Covestro Taiwan, effective 1 September 2025. Currently Head of Supply Chain and Logistics for Taiwan, Korea, New Zealand, and Australia, Chen succeeds Dr. Carsten Wildebrand, who will … Read the full press release →

Solvay Partners with IUCN to Accelerate Biodiversity Protection and Support Global Conservation Goals

(IN BRIEF) Solvay has entered a three-year partnership with the International Union for the Conservation of Nature (IUCN) to enhance its biodiversity efforts and contribute to the Global Biodiversity Framework. Through the collaboration, Solvay will dedicate 30% of its permeable … Read the full press release →

Evonik Leverages Electrodialysis to Boost Sustainability and Resource Efficiency in Chemical Industry

(IN BRIEF) Evonik is advancing its green transformation by expanding the use of electrodialysis, a process that converts salts from chemical processes into valuable raw materials like caustic soda and sulfuric acid. This technology aims to reduce energy consumption, raw … Read the full press release →

Evonik’s MACBETH Project: A New Era in Chemical Industry Innovation

(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release →

BASF and 3B Fibreglass Collaborate to Reduce Carbon Footprint in Chemical Industry

(IN BRIEF) BASF, a global leader in the chemical industry, partners with 3B Fibreglass to advance its sustainability goals by incorporating sustainably produced glass fibers into its Ultramid® A & B compound portfolio. Utilizing green electricity in production, 3B Fibreglass … Read the full press release →

Technical University of Munich (TUM) and Clariant Extend Partnership to Advance Sustainable Catalysts for the Chemical Industry

(IN BRIEF) The Technical University of Munich (TUM) and chemical company Clariant have renewed their strategic partnership, extending the Munich Catalysis Alliance (MuniCat) until 2033. The collaboration aims to develop more efficient and sustainable catalysts for the chemical industry. Catalysts … Read the full press release →