Valuable News

Recently, the United States announced the lifting of restrictions on ethane exports to China.

• ethane
• US
• China

Sekisui Chemical Co., Ltd. has decided to establish the sixth plant for Sekisui DLJM Molding in Pune, Maharashtra, western India

• Sekisui Chemical

Sibur recently officially launched the construction of a catalyst production complex in Kazan.

• SIBUR

Founded in 2016, Apus Quimica is headquartered in Santiago, Chile, and focuses on the distribution and development of high-performance chemicals in the rubber, plastics and chemical sectors.

• Apus Quimica
• IMCD

Sika has acquired Qatar-based Gulf Additive Factory LLC. The company produces a wide range of construction chemicals and has a strong presence in the fast-growing Qatari construction market.

• Sika
• Gulf Additive Factory LLC

The European Commission recently issued a legislative proposal to completely stop importing natural gas and oil from Russia by the end of 2027.

• European union
• Russia
• Fossil fuels

Covestro has signed an agreement to acquire Pontacol, a Swiss manufacturer of multilayer adhesive films.

• Covestro
• Pontacol

Sika announced on June 18 that it continues to deliver on its “Local for Local” strategy by launching three new manufacturing investments in China, Brazil and Morocco, reinforcing its commitment to serving customers through local production, global expert

• Sika

In recent days, the Indian government has taken tough anti-dumping measures on chemical exports from several countries, including China, in an effort to protect its local manufacturing industry.

• India

Kumho Mitsui Chemicals (KMCI) has commenced operations at its chlor-alkali plant in Yeosu, South Korea, which uses thyssenkrupp Nucera's advanced e-BiTAC v7 electrolyser technology.

• Kumho Mitsui Chemicals
• Thyssenkrupp

Gevo announced that it has entered into a definitive agreement to sell its wholly owned subsidiary, Agri-Energy, to AE Innovation, LLC for $7 million.

• Gevo
• Agri-Energy
• AE Innovation

Lotte Chemical and HD Hyundai are in talks to merge the assets of the Naphtha Cracking Center (NCC) in Daesan, South Chungcheong Province, South Korea,

• Lotte chemical
• HD Hyundai Chemical

Honeywell announced that it has completed the acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.

• Honeywell
• Sundyne

Toray Industries, Inc. announced that Toray Membrane Middle East Company (TMME) officially opened the Middle East Water Technology Center (MEWTEC) in Dammam, Saudi Arabia in April.

• Toray
• Water Technology Center

Hunan Zhongke Electric Co., Ltd., a listed Chinese battery materials manufacturer, announced plans to invest approximately $1.1 billion to build Oman's first lithium-ion battery anode material production base.

• Zhongke Electric

Saudi Aramco said in a statement released on May 29 that it has cut its official selling prices for propane and butane for June 2025.

• Saudi Aramco
• propane
• butane

The Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Company, signed a memorandum of understanding (MoU) with China's Wanhua Chemical Group on May 25.

• PIC
• wanhua chemical

Honeywell announced the acquisition of Johnson Matthey Catalyst Technologies, which is expected to close in the first half of 2026, subject to customary closing conditions, including certain regulatory approvals.

• Honeywell
• Johnson Matthey

Lotte Chemical’s wholly-owned subsidiary, Lotte Chemical Titan (Malaysia), has signed a three-year naphtha purchase agreement with Saudi Aramco Trading Singapore Pte Ltd, strengthening its long-term feedstock partnership with the Saudi energy giant.

• Lotte chemical
• Saudi Aramco

Azelis has signed an agreement to acquire 100% of the business of S. Amit Group, a Mumbai-based distributor of performance chemicals for the pharmaceutical, agricultural and CASE markets in India.

• Azelis
• S. Amit