As of March 27, 2025, the Trump administration has announced a 25 % tariff on all steel and aluminum imports.  (Source: Pixabay)
Market Moves

Chemical Industry Calls for Cooperation Amidst Trump’s Trade War

Donald Trump is back in office and his policies have left the world stunned. Right from his outright support for fossil fuel production within the United States to rolling back climate, air and water pollution, and emissions regulations, to imposing international trade tariffs, the White House has made many bold moves in the past few months. In the middle of all this, the chemical industry urges all parties to cooperate in the ongoing trade war and find a lasting solution for everyone.

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Galleries

The Gulf region in the Middle East is now incorporating next-gen and advanced technologies to enhance efficiency, reduce carbon footprints, and align with global sustainability mandates.  (Source: © ChaoticDesignStudio - stock.adobe.com)
Smart Solutions

It’s All Tech!

Oil and gas companies in the Gulf are incorporating the latest technologies to optimize and decarbonize their operations. Right from the Middle East’s first quantum computer for industrial applications to Artificial Intelligence, firms in Saudi Arabia, the United Arab Emirates and Qatar are actively adopting advanced solutions to remain the world’s energy powerhouse while engineering a low carbon future.

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Air Products expects to record a pre-tax charge not to exceed 3.1 billion dollars in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments.  (Source: Air Products)
Management Decision

Air Products to Exit Three Projects in the USA

Air Products has decided to exit three US-based projects including an agreement with World Energy for the development of a Sustainable Aviation Fuel expansion project in California, the construction of a 35 metric ton per day facility to produce green liquid hydrogen in New York, and a project in Texas for the production of carbon monoxide.

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