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Japanese chemical industry news
14 August 2025
LANXESS Responds to Market Challenges
Sales and EBITDA fell in Q2 2025. Debt reduced by 18%. Guidance lowered. Production network optimized for cost savings.
30 July 2025
Braskem's Bio-PE Cuts 470,000 Tons of CO2 in Japan
Bio-based PE bags in Japan cut CO2 emissions by 3,900 tonnes annually, aligning with government sustainability goals and boosting demand for eco-friendly materials.
30 July 2025
Evonik Shifts Epoxy Curing Agent Production to Renewable Electricity
The transition cuts Scope 1 and 2 emissions by one third, supporting a 25% reduction by 2030 and climate neutrality by 2050.
21 July 2025
Air Liquide Opens Molybdenum Plant in South Korea for Semiconductors
The new plant supplies ultra-high purity molybdenum for semiconductors, supporting a shift from tungsten and enhancing advanced chip production for AI applications.
11 July 2025
IHI and Vopak to Develop Ammonia Terminal in Japan
The joint venture aims to establish an ammonia terminal in Japan by 2030, supporting decarbonization and energy transition with safe, efficient storage and distribution.
10 July 2025
Bayer Seeks EU Approval for Gadoquatrane
Gadoquatrane, a low-dose MRI contrast agent, shows positive Phase III results. EU approval could reduce gadolinium exposure by 60% compared to current standards.
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23 April 2025
Nobian and Partners Launch Rare Metal Recycling for Electrolyzers
A new initiative recycles rare metals from electrolyzers, enhancing circularity and reducing reliance on virgin materials in the chlor-alkali industry.
9 April 2025
LANXESS Sells Urethane Systems to UBE Corporation
The sale completed on April 1, 2025, for €500M. Proceeds will redeem a bond, reducing leverage to ~3x. This concludes LANXESS's portfolio transformation.
25 March 2025
LANXESS Boosts 2024 Earnings
EBITDA up 19.9% to EUR 614M. Sales down 5.2%. Strong cash flow, debt reduced. Cost savings ahead of plan. Urethane Systems sale to UBE finalizes specialty chemicals shift.
19 December 2024
Galp Sines Refinery Receives Biofuel Reactors
The reactors will produce biofuels by 2026, marking a European first with an integrated green hydrogen facility. Total investment: €650M. 76 permanent jobs will be created.