Industry News

Mumbai, India-based speciality chemicals manufacturer Dorf Ketal is in advanced negotiations to acquire Italy’s Italmatch Chemicals SpA from majority owner Bain Capital for approximately USD 1.6  billion. Morgan Stanley is advising Dorf Ketal on the deal. In January 2025, F+L

ExxonMobil has started up a first-of-its-kind technology at its Jurong Island complex in Singapore, designed to convert lower-value molecules into

SK Innovation and LG Electronics have signed a memorandum of understanding (MOU) to jointly develop integrated energy solutions for AI data centres,

Colonial Chemical, Inc. has announced the addition of two new reactors at its manufacturing facility in South Pittsburg, Tennessee, U.S.A., expanding production capacity by 15%. The investment,

Australia has committed to cutting greenhouse gas emissions by 62% to 70% below 2005 levels by 2035, marking its most ambitious climate target yet as it seeks to reach net zero by 2050. The Albanese government confirmed the move on

Mobil has rolled out reformulated Mobil 1 and Mobil Super engine oils across South Asian and Pacific markets, meeting the latest API SQ and ILSAC

Global traders Vitol and Glencore are preparing formal bids for Chevron’s 50% holding in Singapore Refining Company (SRC), according to several media reports. Chevron has invited non-binding offers as part of a broader portfolio review, with Morgan Stanley

BASF has introduced a new series of GLYSANTIN ELECTRIFIED low electrical conductivity coolants (LECCs) designed to improve the safety and stability of electric

NewMarket Corporation has announced an agreement to acquire Calca Solutions, a leading U.S. producer of ultra-pure hydrazine used in aerospace propulsion and industrial applications. The Richmond, Virginia-based chemical company signed a definitive

German lubricant manufacturer LIQUI MOLY has started producing motor oils in Thailand for the first time, marking a strategic shift to