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Indian chemical industry news
12 January 2026
Essar Future Energy and Gujarat Government Sign MoU for ₹5,100 Crore Bio-Fuel Project
Essar to build a bio-fuel complex in Gujarat, creating 350 jobs by 2029, focusing on decarbonizing aviation, shipping, and transport sectors.
12 January 2026
Uniper and AM Green Sign Agreement for 500,000 Tons of Renewable Ammonia Annually
The agreement marks India's first renewable ammonia offtake, supporting its National Hydrogen Mission and aiding Uniper's low-carbon portfolio for European industries. First shipment expected by 2028.
9 January 2026
INEOS Electrolysers Enhance Efficiency and Cut Energy Costs in India
A new electrolyser at Chemfab Alkalis boosts operational efficiency, reliability, and reduces energy costs, supporting modernisation and sustainability goals.
7 January 2026
Technip Energies Secures Contracts for BPCL's Bina and Mumbai Refineries
Technip Energies to build polypropylene and Butene-1 units at Bina and manage construction of India's first PRFCC unit at Mumbai, enhancing BPCL's refinery and petrochemical capabilities.
24 December 2025
bp sells 65% of Castrol to Stonepeak for $10 billion
bp will use $6 billion proceeds to cut debt, strengthen its balance sheet, and focus on downstream strategy. The deal includes a new joint venture with Stonepeak. Completion expected by 2026.
23 December 2025
Arkema to Divest Plastic Additives to Praana
Arkema plans to sell its impact modifiers and processing aids businesses, including a Dutch facility, to refocus on strategic activities. Completion expected Q1 2026, pending consultations.
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18 December 2025
BASF | Nunhems Acquires Noble Seeds to Boost India's Vegetable Seed Market
The acquisition adds cauliflower and radish to the portfolio, expands market coverage in North India, and is expected to close by Q1 2026, pending statutory approval.
10 December 2025
AkzoNobel Sells Akzo Nobel India to JSW Group
AkzoNobel completes sale of its liquid paints and coatings business in India to JSW Group, retaining its powder coatings and research center. Transaction valued at €1.4 billion.
9 December 2025
CABB Group Sells Jayhawk Fine Chemicals to Anupam Rasayan
CABB shifts focus to Pharma and Life Science, selling Jayhawk for $150M. Anupam Rasayan aims to expand in the US and enhance its performance materials business. Transaction closes in January.
9 December 2025
thyssenkrupp Reports Positive Cash Flow and Strategic Progress in 2024/2025
Order intake rose 15%, sales fell 6%. Adjusted EBIT up 13%. Free cash flow positive for third year. Strategic transformation and efficiency improvements underway.
1 December 2025
Clariant Announces Leadership Change in Care Chemicals
Marcelo Lu to succeed Christian Vang as President of Care Chemicals in 2026. Vang will advise for six months post-transition.
28 November 2025
Boehringer Ingelheim Appoints Harsha Deshmukh to Board
Harsha Deshmukh will lead IT and Global Business Services from February 2026, focusing on digital transformation and business service development.
12 November 2025
Adani Cement and Coolbrook Launch First Commercial RotoDynamic Heater for Cement Decarbonisation
The RotoDynamic Heater will cut cement emissions by 60,000 tonnes annually, using renewable energy to decarbonise production and enhance alternative fuel use.
6 November 2025
Air Products Fiscal 2025 Results Summary
Fiscal 2025 saw adjusted EPS of $12.03, with a $2.9B operating income. Q4 adjusted EPS was $3.39. Fiscal 2026 EPS guidance is $12.85-$13.15, with $4B in capital expenditures expected.
6 November 2025
TA’ZIZ and Sanmar Sign Major Chemical Export Deal
TA’ZIZ will export 350,000 tonnes of UAE-made chemicals annually to Egypt and India, supporting PVC production and strengthening UAE-India industrial ties.
3 November 2025
Chevron Leadership Update
Amit R. Ghai becomes Controller, succeeding Alana K. Knowles, who retires after 38 years. Ghai brings extensive finance experience from various global roles within the company.
30 October 2025
Statkraft Sells Assets for NOK 13.5 Billion in Q3 2025
Statkraft's Q3 results fell due to low prices and negative hedging. Asset sales aim to reduce complexity and fund growth in prioritized markets and technologies.
29 October 2025
BASF Q3 2025 Earnings Slightly Exceed Market Expectations
Sales fell 3% due to currency effects and lower prices. EBITDA before special items was €1.5 billion. Share buyback program to start in November 2025.
27 October 2025
Air Liquide Acquires NovaAir to Expand in India
The acquisition enhances geographical reach, strengthens market presence, and supports growth in India's industrial and healthcare sectors.
27 October 2025
Worley to Provide EPCm Services for Rio Tinto's BS1 Iron Ore Project
Worley will construct a primary crusher, conveyor, infrastructure, and camp for the BS1 project, extending Brockman's life and processing 34 Mtpa of iron ore by 2027.
22 October 2025
AkzoNobel Q3 Profitability Rises to 15.1% on Cost Savings
Organic sales up 1%, revenue down 5% due to currency. India divestment closing in December. Provision for Australian project. Full-year EBITDA expected at €1.48 billion.
15 October 2025
Stahl Reopens Ranipet Facility in India for Sustainable Growth
The upgraded facility focuses on local production, innovation, and sustainability, enhancing R&D and customer collaboration in a key growth market.
8 October 2025
IFF to Open Scent Center in Mumbai
The new center in Mumbai will enhance IFF's local presence, featuring advanced labs and facilities to boost fragrance innovation and customer collaboration. Operational by mid-2026.
3 October 2025
Black Box and Wind River Partner to Enhance Global Edge and Cloud Solutions
The partnership aims to boost revenue, drive AI and cloud adoption, and enhance digital infrastructure across industries like manufacturing, retail, and telecom.
2 October 2025
Coolbrook Partners with Trac Precision Solutions for RDH Technology Scale-Up
The partnership aims to scale RDH technology, reducing CO₂ emissions in hard-to-abate sectors, while offering growth and diversification for Trac in the clean energy transition.
22 September 2025
Ultra Gas & Energy Ltd Becomes India's Largest LNG Autofuel Retailer
UGEL expands LNG network with six stations, plans 100 outlets, supports EV charging, and partners with major suppliers to drive India's green mobility and reduce emissions.
18 September 2025
Statkraft Sells Tidong Hydropower Project to JSW Energy
The 150 MW Tidong project in Himachal Pradesh is set to complete by 2026. The deal awaits regulatory approvals. Statkraft shifts focus to Europe and South America.
18 September 2025
Blue Energy Motors Secures $50M to Boost Green Trucking in India
Funding will enhance production, expand LNG and EV truck development, and support India's shift to sustainable freight, reducing carbon emissions significantly.
17 September 2025
LANXESS Cuts CO₂ Footprint at Botlek Site
Botlek site products now use low-emission electricity, reducing CO₂. LANXESS supports decarbonization and offers ISCC PLUS certified, CO₂-optimized solutions for various industries.
16 September 2025
Keynote by President von der Leyen at 'One Year After the Draghi Report' Conference
Von der Leyen highlights Europe's progress in innovation, AI, energy independence, and clean tech, emphasizing the need for continued investment and reducing dependencies.
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