Company Dynamic

BASF has announced the construction of a new alkyl polyglucoside (APG) plant in Bangpakong, Thailand, to enhance its production capacity for sustainable surfactants and further expand its business presence in Asia.

• BASF
• alkyl polyglucoside

AstraZeneca recently announced plans to invest $2 billion to expand its long-term manufacturing footprint in Maryland.

• AstraZeneca

BASF, Sinopec Natural Gas Company, and their 50/50 joint venture Yangzi Petrochemical–BASF have committed to scaling the use of certified bio-methane at the Nanjing Integrated Site—one of Asia’s largest chemical complexes.

In a surprise announcement on December 1, 2025, Huntsman Corporation revealed that its polyurethane facility in Rotterdam, the Netherlands, has experienced an unplanned production halt.

BASF’s profits halved, Bayer mired in litigation, Evonik swinging to a net loss, Covestro’s plant burned to a halt, and AkzoNobel slashing its full-year guidance.

November 28, 2025, lifted by stronger-than-expected Chinese buying rumors and a surging soybean oil market, yet held back by structural headwinds and unconvincing price competitiveness.

LANXESS has introduced a newly certified version of its well-established lubricant additive Additin RC 2515, now bearing the ISCC PLUS (International Sustainability and Carbon Certification) label.

Wanhua Chemical and Nippon Paint unveiled a landmark strategic partnership focused on waterborne coatings for polyurethane-glass fiber (PU-GF) composite profiles—a critical segment in green building and industrial applications.

Effective December 1, 2025, Wanhua Chemical will implement a price increase of USD 200 per metric ton for both polymeric MDI and pure MDI products sold in South and Southeast Asia, unless otherwise stipulated in existing contracts.

On November 27, 2025, Swiss building chemicals giant Sika officially completed the acquisition of Awazil Al Khaleej Industrial Co. (Gulf Seal), a leading manufacturer of bituminous waterproofing membranes based in Riyadh, Saudi Arabia.

BASF signed a strategic cooperation agreement with Sinopec Tianranqi Company, a subsidiary of Sinopec, and BASF-YPC Company Limited, the three parties will jointly driving the large-scale application of biomethane at the Nanjing Verbund site.

• BASF
• Sinopec

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• Pregabalin vs Gabapentin

On November 26, Lotte Chemical and HD Hyundai Chemical announced the merger of certain naphtha cracker (NCC) units. As Korea’s largest petrochemical producers, the move aims to address long-term oversupply and declining profits.

• Lotte chemical
• HD Hyundai Chemical

BASF’s high-performance dispersant production line at the Nanjing Jiangbei New Materials Science and Technology Park was officially commissioned on November 25.

• BASF
• Nanjing

Lipoid Kosmetik is pleased to announce that, effective January 1, 2026, it will enter into an exclusive distribution partnership with Omya for the U.S. market.

• Lipoid Kosmetik
• Omya

To address the ongoing wave of cracker shutdowns across Europe, INEOS has announced a €250 million investment to upgrade its cracker facility in Lavéra, France, aiming to improve energy efficiency, enhance reliability...

• INEOS

On November 18, the coatings industry witnessed a major breakthrough—AkzoNobel from the Netherlands and Axalta from the United States announced a full stock-for-stock merger, aiming to form a global-leading coatings company valued at roughly $25 billion.

If there were an award for “most unexpected plot twist” in the chemical and textile world this year, BASF’s sudden decision to open its PolyTHF® 1800 production technology license would easily claim the title.

AkzoNobel said on Tuesday that it plans to acquire coatings manufacturer Axalta Coating Systems. The transaction will create a combined company with an enterprise value of $25 billion.

• AkzoNobel
• Axalta

On November 6, Clariant and FUHUA reached a strategic cooperation agreement to establish a joint venture focused on the research and development of innovative halogen-free flame retardants.

• Clariant
• FUHUA