Recent developments
Upstream expansions
In the UAE, TA’ZIZ and Alpha Dhabi announced about $10 billion for industrial chemicals including MDI, epoxy resins and polyols. Financing closed for a world‑scale methanol plant in Al Ruwais. Evonik inaugurated an expanded specialty amine production facility in Nanjing for PU and epoxy chains.
Cement decarbonization
Heidelberg Materials commissioned the Airvault kiln line, enabling high alternative‑fuel use, calcined clay, and an almost 30% CO2 cut. Holcim signed an Owner’s Engineering MSA with Worley for EU/UK CCUS projects. A majority stake in Akçansa strengthens Turkish exports and regional logistics.
Coatings and mortars
Evonik broadened fast‑cure epoxy options with Ancamine 2868 and 2844 for cold, humid conditions. It also launched Ancamine 2873 for ultra‑low‑emission, high‑solids protective and marine coatings. Nouryon introduced Alcosperse OTA‑100 to extend open time and cut odor, while Brenntag will distribute Nouryon’s Bermocoll cellulose ethers in Brazil. PPG showcased protective coatings and application capabilities for data‑center infrastructure.
PU and precursors
BASF launched ELASTOSPRAY BMB isocyanate for North American spray foam, using certified mass balance to lower product carbon footprints without reformulation. A review of BASF’s Verbund underscored energy‑price sensitivity in Europe and downstream impacts on ammonia‑based chains and MDI/TDI precursors relevant to insulation and coatings.
Infrastructure and supply
Caleyda PHA entered circular bitumen to enhance road durability and embed biobased content. PPG acquired Ozark Materials to expand pavement‑marking services. INEOS Inovyn will sell its Italian chlor‑alkali business, with implications for caustic and chlorine availability. Trinseo’s debt waivers expired, and Q1 2026 results showed lower sales and liquidity pressure.