Company Dynamic

BASF will invest hundreds of millions of euros to expand its production capacity of semiconductor-grade sulfuric acid, an important ultra-pure chemical.

• BASF
• Sulfuric Acid

SK Incheon Petrochemical began supplying B30 marine fuel on April 26, blending its proprietary straight run fuel oil (SRFO) with 30% bio-based materials.

• SK Incheon Petrochemical
• B30 marine fuel

On April 29, 2025, BASF announced plans to expand its production of semiconductor-grade sulfuric acid (H₂SO₄), a critical high-purity chemical for advanced chip manufacturing.

On April 29, 2025, PPG announced its Q1 2025 financial results, reporting $3.7 billion in net sales, a 4% year-over-year decline.

On April 22, 2025, the US International Trade Commission (ITC) announced its decision to terminate the investigation into Inner Mongolia San’Aifu Wanhao Fluorochemical Co., Ltd. regarding specific polyvinylidene fluoride (PVDF) resins.

BASF has officially completed the sale of its shares in two joint ventures located in Korla, Xinjiang, to Verde Chemical Singapore Pte. Ltd.. The transaction, finalized on April 21, 2025, follows approval by relevant authorities.

Mitsubishi Chemical announced plans to expand production capacity for flame-retardant functional resins in China and France.

Recently, at its Yantai headquarters, Wanhua Chemical Group signed a joint venture agreement with Kuwait Petroleum Corporation’s subsidiary PIC.

Reliance Industries Limited (RIL) will invest $18 billion to accelerate its expansion in new energy and petrochemicals. The move marks a strategic milestone in the group's industrial transformation.

• Reliance Industries

LG Chem will sell its water treatment division, which mainly produces reverse osmosis (RO) membrane filters for industrial desalination, industry sources said on Monday.

• LG chem
• water treatment

Sinopec said on April 28 that it had signed an agreement with a subsidiary of Saudi Aramco to establish a joint venture with a registered capital of 28.8 billion yuan (3.95 billion U.S. dollars).

• Sinopec
• Saudi Aramco

Unilever recently announced its financial results for the first quarter of 2025. The British fast-moving consumer goods giant achieved a basic sales growth of 3% in the quarter, of which volume growth contributed 1.3 percentage points and price growth con

• Unilever

Romania's Rompetrol Rafinare said it will restart the low-density polyethylene (LDPE) unit at its Petromidia refinery in early May.

• Rompetrol

The Indian Oil Corporation's (IOC) Gujarat Refinery in Vadodara is undergoing a strategic transformation to enter the petrochemicals sector with an investment of Rs 24,000 crore. As part of the plan, the refinery will commission two large petrochemical un

• IOC
• Indian Oil Corporation

A landmark desalination plant designed and built by SUEZ for Wanhua Chemical Group has officially started operation at Wanhua Chemical Penglai Industrial Park in Yantai, Shandong.

• wanhua chemical
• SUEZ

French oil giant TotalEnergies said on April 22 that it will shut down its oldest steam cracker in Antwerp at the end of 2027 due to "expected large surpluses of ethylene in Europe".

• TotalEnergies

L’Oréal Middle East and BinSina Pharmacy in the UAE have entered into a multi-year sustainability partnership.

• L’Oréal
• Middle East
• BinSina Pharmacy
• UAE

LyondellBasell (LYB) announced its results for Q1 2025. The company reported Q1 net income of $177 million, or $0.54 per diluted share. During the quarter, the company recognized $67 million of identified items (after tax).

• LyondellBasell

Kuwait Petrochemical Industries, a subsidiary of Kuwait's state-owned oil company, said on the 26th that it had signed an agreement to acquire a 25% stake in China Wanhua Chemical Group.

• Kuwait Petrochemical Industries
• wanhua chemical

On April 23, 2025, Clariant announced a major breakthrough as its MegaMax catalyst successfully powered the launch of European Energy’s e-methanol facility in Kassø, Denmark.