I.Market Trends
1.Phosgene Market Growth Accelerates:Projected 5.3% CAGR growth to $65.4 billion by 2031 highlights rising demand for industrial chemicals.(ID:20760157)
2.Sodium Sulfate Demand Driven by Detergents:Market expected to reach $1.1 billion by 2032 with 4.0% CAGR, fueled by high-volume use in detergents as filler and flow aid.(ID:20725050)
3.Downstream Polyethylene Market Expansion:Market size to hit $180.49 billion by 2031, driven by packaging demand and recyclability trends.(ID:20688103)
4.Industrial Gases for Plastic and Rubber Growth:Forecasted to reach $9.98 billion by 2029 with 7.1% CAGR, supported by demand for high-performance polymers.(ID:20685163)
5.Isoprene Market Boosted by Rubber Industry:Projected to grow at 8.4% CAGR to $4.96 billion by 2029, driven by bio-based production and green tire demand.(ID:20666386)
6.Leather Chemicals Market Growth:Expected to reach $12.91 billion by 2029 with 7.1% CAGR, indicating steady demand in tanning and finishing sectors.(ID:20666835)
7.OEM Coatings Market Expansion:Market to grow to $77.32 billion in 2025, fueled by automotive industry growth and eco-friendly coating demand.(ID:20667348)
8.Polylactic Acid Market Surge:Projected to reach $3.25 billion by 2029 at 19.2% CAGR, reflecting rising demand for bioplastics and sustainable packaging.(ID:20667540)
9.Phospholipid Market Opportunities:Forecasted to grow to $3.81 billion in 2025, driven by increasing demand for natural ingredients in various industries.(ID:20627635)
10.PhosAgro Fertilizer Exports Soar:Sales to India increased over 12 times in Q3, highlighting strong global demand for phosphorus fertilizers.(ID:20737575)
II.Corporate Moves
1.Roskhim Acquires Salavat Chemical Plant:Acquisition for 270 billion rubles aims to expand production capabilities and cover seller’s losses.(ID:20714182)
2.Perimeter Solutions Acquires Elementis:Merger strengthens position in specialty chemicals, with higher earnings and profitability factors.(ID:20716790)
3.Givaudan Finalizes Biolandes Acquisition:Purchase secures perfume R&D facilities in Grasse, enhancing localized production strategies.(ID:20658188)
4.Vietnam and Russia Sign Industrial MOU:Agreement covers chemicals and pharmaceuticals, fostering cross-border cooperation and supply chain diversification.(ID:20674507)
5.De Mem Acquires Core Chemicals:Expansion into Australia’s gold mining sector with $4 million revenue, boosting chemical solutions offerings.(ID:20651106)
6.AkzoNobel Merger Faces Investor Challenge:Potential $25 billion merger with Axalta delayed, highlighting strategic uncertainties in coatings industry.(ID:20647730)
7.Methanex Corporation Stock Adjustment:Renaissance Group reduces holdings by 12.4%, reflecting market dynamics in methanol production.(ID:20694975)
8.Sika Acquires Gulf Seal:Expansion in Saudi Arabia strengthens construction chemicals portfolio for major projects.(ID:20625725)
9.BASF Launches Automotive OEM Coatings Plant:New facility in Germany reduces CO2 emissions by 4,000 tons annually, aligning with sustainable operations.(ID:20741413)
III.Production and Safety
1.Chlorosulfonic Acid Found in Bamberg:Incident during excavation underscores importance of proper hazardous material handling and disposal protocols.(ID:20697713)
2.Perfume Factory Demolition After Fire:Tragic accident highlights critical need for static electricity control in chemical transfer processes.(ID:20690270)
3.Energy Costs Threaten Czech Chemical Producers:High electricity prices leading to plant closures, emphasizing cost pressures on European manufacturers.(ID:20667603)
4.Sulfuric Acid Drums Swept Away in Flood:Incident in Vietnam stresses risks in storage and transportation of hazardous industrial chemicals.(ID:20640717)
5.Plastic Waste Fire in Giurgiu:Blaze at storage facility reveals vulnerabilities in managing plastic resin and rubber materials.(ID:20628109)
IV.Regulations and Compliance
1.Shein Clothing Violates EU Chemical Rules:Greenpeace findings highlight increasing regulatory scrutiny on chemical contaminants in apparel supply chains.(ID:20696681)
2.Korea Raises Anti-Dumping Tariffs on PET Film:Duties increased on Chinese firms to protect domestic market, affecting polyethylene terephthalate trade flows.(ID:20678895)
V.Sustainability and Innovation
1.Girona Chemical Exports Grow 8.3%:Driven by 49.6% increase in chemicals, indicating robust demand in pharmaceutical and industrial sectors.(ID:20699723)
2.Ravenna Chemical District Wins Environmental Award:EMAS certification recognition demonstrates industry shift towards sustainable environmental management systems.(ID:20710598)
3.DOMO Chemicals Earns EcoVadis Platinum Rating:Top 1% sustainability score reinforces value of eco-friendly practices in chemical manufacturing.(ID:20722198)
Disclaimer: This is a curated digest of industry news from public sources. The information is for general insight and is not professional advice; readers should verify details independently. Please provide news ID when you need the original url.
