Chemical industry news

Here are some recent news and updates from the chemical industry:

1. BASF to Invest $1.2 Billion in New Chemical Complex in China

BASF has announced plans to invest $1.2 billion in a new chemical complex in China, which will produce a range of chemicals including polyurethane, polyethylene, and polypropylene. The complex is expected to start production in 2025 and will create over 1,000 jobs. (Source: Chemical Engineering)

2. Dow and DuPont Merge to Form Dow Inc. and DuPont de Nemours

Dow and DuPont have completed their merger, creating two separate companies: Dow Inc. and DuPont de Nemours. The merger is expected to create significant cost savings and opportunities for growth. (Source: Chemical Week)

3. ExxonMobil to Invest $2 Billion in New Chemical Plant in Texas

ExxonMobil has announced plans to invest $2 billion in a new chemical plant in Baytown, Texas, which will produce ethylene oxide and ethylene glycol. The plant is expected to start production in 2024 and will create over 600 jobs. (Source: Houston Chronicle)

4. LyondellBasell to Invest $1.5 Billion in New Polypropylene Plant in Texas

LyondellBasell has announced plans to invest $1.5 billion in a new polypropylene plant in La Porte, Texas. The plant is expected to start production in 2024 and will create over 400 jobs. (Source: Chemical Engineering)

5. Chemical Industry Sees Strong Demand for Plastics and Petrochemicals

The chemical industry is experiencing strong demand for plastics and petrochemicals, driven by growth in emerging markets and increasing demand for consumer goods. This has led to a surge in prices for key chemicals such as ethylene and propylene. (Source: ICIS)

6. EU to Introduce New Chemical Regulations

The European Union is introducing new regulations on the use of chemicals in consumer products, including restrictions on the use of certain chemicals in cosmetics and textiles. The regulations are designed to improve consumer safety and reduce the environmental impact of chemical use. (Source: Chemical Watch)

7. Chemical Industry Faces Challenges from Climate Change and Sustainability

The chemical industry is facing increasing pressure to reduce its environmental impact and respond to the challenges of climate change. This includes reducing greenhouse gas emissions, increasing recycling and reuse of chemicals, and developing more sustainable products. (Source: Chemical Engineering)

8. BASF and Siemens to Collaborate on Digitalization in the Chemical Industry

BASF and Siemens have announced a collaboration to develop digital solutions for the chemical industry, including the use of artificial intelligence and the Internet of Things (IoT) to improve efficiency and reduce costs. (Source: Chemical Engineering)

9. Chemical Industry Sees Opportunities in Biotechnology

The chemical industry is seeing opportunities in biotechnology, including the use of biocatalysts and biodegradable plastics. This is driven by growing demand for sustainable and environmentally friendly products. (Source: Chemical Week)

10. Dow and DuPont to Invest in Biotechnology Research

Dow and DuPont have announced plans to invest in biotechnology research, including the development of new biocatalysts and biodegradable plastics. This is part of their strategy to reduce their environmental impact and develop more sustainable products. (Source: Chemical Engineering)

These are just a few of the latest news and updates from the chemical industry. If you're interested in staying up-to-date with the latest developments, I recommend following industry publications such as Chemical Engineering, Chemical Week, and ICIS.