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21 May 2026

BASF to Sell Silicates Business to U.S.-Based PQ

BASF has signed an agreement to sell its silicates business to U.S.-based PQ following a strategic review within its Care Chemicals division. The deal includes sodium silicates operations and related assets at the Düsseldorf/Holthausen site, while PQ aims to further develop the business within its global silicates network.

05 March 2026

CBAM Introduces Carbon Costs for Turkish Exports

Under the EU’s Green Deal framework, CBAM introduces carbon-related financial obligations for sectors such as iron and steel, cement, fertilizers, aluminum, electricity, and hydrogen. According to industry analyses, delays in compliance could expose Turkish exporters to annual carbon costs of up to €1.8 billion.

03 March 2026

Clariant Targets Margin Improvement in 2026 with CHF 80 Million Cost-Saving Program

Swiss specialty chemicals producer Clariant expects a slight improvement in profitability in 2026, driven by cost-cutting measures despite ongoing challenging market conditions. The company aims to raise its core EBITDA margin (before exceptional items) to approximately 18%.

24 February 2026

Alarm in Europe’s Chemical Industry

Rising energy costs and plant closures are reshaping the continent’s industrial landscape.

11 February 2026

TPAO Wins Big in Libya Tender

Türkiye Petrolleri (TPAO) has secured two exploration and production blocks, one onshore and one offshore, in Libya’s first hydrocarbon licensing round in 17 years. Libya’s National Oil Corporation said the awards were made through partnership structures involving Repsol and MOL.

11 February 2026

Layoff Wave Accelerates in the U.S.

Companies across the United States are ramping up restructuring efforts as they pivot toward automation and efficiency gains, driving a sharp increase in layoff announcements in January. According to Challenger, Gray & Christmas, U.S.-based employers announced 108,435 job cuts during the month, up 118% year-over-year and marking the highest January total since 2009.

09 February 2026

dsm-firmenich Expands in Riyadh: Po ONE Lab Opens Its Doors

dsm-firmenich has taken a new step in the Middle East by opening Po ONE Lab in Riyadh, Saudi Arabia. Developed in partnership with luxury fragrance concept store Villa Po ONE, the space is designed to bring together brands, creators and fragrance lovers through a focus on “inspiration, experimentation, and storytelling.”

09 February 2026

Evonik Expands Its Production Footprint

Evonik is strengthening its growth strategy in hydroxyl-terminated polybutadienes (HTPB) by expanding its global production infrastructure. The company has launched construction to boost capacity at its German site while initiating engineering work for a new production facility in the Asian region.

06 February 2026

UK’s “Forever Chemicals” Plan Sparks Backlash: “Crushingly Disappointing”

The UK government’s newly published action plan on “forever chemicals” has drawn sharp criticism from environmental campaigners. Groups warn the measures are “incredibly weak” and risk locking in decades of avoidable harm to people and the environment.

03 February 2026

Mitsubishi Chemical to Exit Coke and Carbon Materials Business at Kagawa Plant

Japanese chemical giant Mitsubishi Chemical has announced its decision to withdraw from its coke and carbon materials operations at its Kagawa facility. The move comes as weakening global steel demand and deteriorating market conditions continue to pressure the coke industry.

29 January 2026

Dumping Alert: Vantage Triggers U.S. Investigation Process

U.S.-based Vantage Specialty Chemicals has filed anti-dumping and countervailing duty petitions, arguing that imports from Indonesia and Malaysia are creating “unfair competition.” The company is seeking protective measures from trade authorities, stating that domestic producers are being harmed.

29 January 2026

U.S. Industry Accelerates Green Chemistry Innovation

Chemical and manufacturing companies in the United States are speeding up green chemistry innovation as sustainability expectations and regulatory pressures intensify. Analysts say firms that act early are likely to secure long-term competitive advantages and new growth opportunities.

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2026 Nobel Prize in Chemistry Awarded to Henri B. Kagan and Kenso Soai

Silverson and Holiferm Collaborate on Bio-Based Toothpaste Formulation

Eti Bakır Publishes Climate and Nature Assessment Report

AKO Group Extends Commercial Tire Lifespans via Retreading

Atelier Rebul Expands Its Signature Istanbul Collection with New Shower Foam

FUCHS and Mercedes-Benz Extend Long-Standing Strategic Partnership

Azerbaijan’s Largest Pharmaceutical Plant Commences Operations with Turkish Investment

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