Company Dynamic

In early June, two international chemical giants announced strategic pullbacks.

• Dow
• Celanese

In June 2026, the global chemical industry is witnessing a new wave of price increases. Three major MDI players – BASF, Covestro, and Huntsman – issued price hike notices in late May 2026, with increases ranging from USD 0.22 to 0.35 per pound.

• BASF
• Covestro
• Huntsman
• MDI

Covestro has officially inaugurated a new Thermoplastic Polyurethanes (TPU) Application Development (AD) Center in Guangzhou, China.

• Covestro
• TPU

Mitsubishi Chemical Corporation (MCC) has announced that it will discontinue production and sales of several epoxy resin grades at its Tokai Plant Kawajiri site in Yokkaichi, Mie Prefecture.

• Mitsubishi chemical

Brazil’s SISPA platform could reshape pesticide registration speed, transparency, and market entry.

On May 27, 2026, AkzoNobel publicly disclosed that it has rejected a joint acquisition proposal submitted by Nippon Paint and Sherwin-Williams.

• AkzoNobel

Brazil’s pesticide registration activity keeps Latin America central to global agrochemical competition.

Brazil’s pesticide registration activity keeps Latin America central to global agrochemical competition.

Argentina’s GHS label rules make hazard communication a stronger agrochemical export requirement.

Argentina’s GHS label rules make hazard communication a stronger agrochemical export requirement.

VIRESTINA shows resistant weeds are pushing herbicide innovation back to the center of crop protection.

BASF’s price increase shows pharma excipients and APIs remain exposed to energy and raw material costs.

Lilly’s Indiana investment shows API capacity is now central to obesity drug competition.

ExxonMobil’s shutdown shows petrochemicals moving from expansion to harsh capacity rationalization.

The global MDI market is experiencing a rare regional divergence. Prices in North America have surged sharply, with some products rising by as much as USD 500–800/ton within a single day, while the Chinese market continues to weaken amid softening demand.

• MDI

The Syngenta protest shows crop protection giants face rising pressure over pollinator risk.

Since May 2026, the global chemical industry has entered a period of widespread weakness.

Lilly’s U.S. API investment shows pharma manufacturing is shifting toward localization and supply-chain control.

China’s agrochemical scale is becoming more influential as fertilizer and pesticide supply risks intensify.

China’s agrochemical scale is becoming more influential as fertilizer and pesticide supply risks intensify.