Valuable News

China’s leading polyurethane producer Huide Technology has achieved substantial progress in its collaboration with U.S. recycling technology pioneer Novoloop.

• Huide Technology
• Novoloop

Global chemical company Huntsman has expanded its distribution relationship with Wobatek Kunststoffvertriebs GmbH, a specialist supplier of engineering plastics for industrial applications in Central and Eastern Europe.

• Huntsman
• Wobatek

Polyvantis, a leading global supplier of high-quality semi-finished acrylic and polycarbonate products, has announced the official opening of its new technical center in Shanghai, China.

• Polyvantis

Genomatica (Geno), a leader in industrial biomanufacturing technology, has entered into a new partnership with Sojitz Corporation (Sojitz) to significantly accelerate the commercialization of plant-based nylon 6 based on Geno's underlying proprietary tech

• Geno
• Sojitz
• nylon 6

Givaudan, a leading global brand in Taste & Wellbeing, announced the groundbreaking of its new liquid production facility in Reading, Ohio, reinforcing its ongoing commitment to North America.

• Givaudan

Sinopec has achieved a major breakthrough in hydrogen mobility with the successful completion of a 1,500-kilometer hydrogen-powered journey along the Yangtze River Hydrogen Corridor.

• Sinopec
• hydrogen

Röhm has successfully commissioned its new sulfuric acid plant in Worms, further strengthening its global production network.

• Röhm
• sulfuric acid

Clariant, a specialty chemicals company focused on sustainability, recently announced that its SynDane 3142 LA catalyst has demonstrated excellent performance at Wanhua Chemical's maleic anhydride plant in Yantai, Shandong Province, China.

• Clariant
• SynDane
• wanhua

BASF has decided to exit the hydrosulfites business and will close the related production facilities at its Ludwigshafen site.

• BASF
• hydrosulfites

According to insiders on September 16, SK Geo Centric, a subsidiary of South Korea’s SK Group, is planning to sell its entire 35% stake in Sinopec-SK Wuhan Petrochemical Co., Ltd.

• SK
• Sinopec

Mitsubishi Gas Chemical (MGC) announced that it will suspend construction of the meta-xylylenediamine (MXDA) manufacturing plant at its consolidated subsidiary, due to construction delays, rising construction costs, and changing market conditions.

• Mitsubishi Gas Chemical

Novo Nordisk has announced the launch of a major restructuring plan, which will involve cutting about 9,000 employees worldwide—over 11% of the company’s total workforce.

• Novo Nordisk

China Petroleum & Chemical Corporation (Sinopec), Fujian Refining & Petrochemical Company, and Saudi Aramco have officially announced the establishment of a joint venture — Fujian Sino-Aramco Refining & Petrochemical Company.

• Sinopec
• Saudi Aramco

On August 18, Qingdao Huaxi New Material Technology Co., Ltd. and Japan’s Inoue Lime Industry Co., Ltd. officially signed a joint venture agreement to establish Qingdao Huaxi Inoue New Material Co., Ltd..

• Qingdao Huaqi
• Inoue

IMCD has signed an agreement to acquire 100% of Tillmanns’ shares.

• IMCD
• Tillmanns

dsm-firmenich, a leading innovator in nutrition, health, and beauty, announced the opening of a newly expanded flavors facility in Kerala and the groundbreaking of a state-of-the-art, greenfield Taste manufacturing facility in Gujarat.

• dsm-firmenich

South Korea's petrochemical industry is undergoing an unprecedented reshuffle. Faced with global overcapacity and a sluggish market, the South Korean government has finally pressed the "restructuring button."

• South Korea
• NCC

Sinopec Engineering (Group) Co., Ltd. (SEG) announced in its interim report that the company achieved revenue of RMB 31.559 billion in the first half of 2025, a year-on-year increase of 10.1%.

• Sinopec
• Sinopec Engineering

Eastman announced a strategic partnership with Huafon Chemical to jointly build a cellulose acetate filament production facility. The facility will be dedicated to localized production and product innovation of Eastman's Naia cellulose acetate filament.

• Eastman
• Huafon Chemical