On February 28, 2026 the Iran-US war began, triggering the most severe supply shock ever witnessed in the global oil and gas market in recent times. The Gulf countries supply a substantial portion of the world’s energy, and with the closure of the Strait of Hormuz and multiple attacks on its energy infrastructure, industry majors in the region have suspended exports of oil & gas as well as petrochemicals under force majeure.

Solvay has extended its global framework agreement with IMI to accelerate the deployment of connected industrial sensors across its global manufacturing sites. With this move, Solvay aims to improve cost-efficiency, safety and environmental performance of its operations.

The demand for green chemicals has significantly increased due to the pressing emphasis on decarbonization of industries, strong government regulations in support of the environment and a change in consumer preferences towards sustainable alternatives. PROCESS Worldwide shares an overview about the green chemicals market as well as highlights industry trends in this space.

Reliance Industries has signed a long term 3-billion-dollar Supply and Purchase Agreement with South Korea’s Samsung C&T Corporation for the supply of green ammonia over a 15-year period beginning from the second half of FY2029.

The 12th Achemasia was ceremonially opened on October 14, 2025, at the National Exhibition and Convention Center in Shanghai Hongqiao. Under the motto "International Sustainable Chemical Production," this year's exhibition brought together 265 companies from 14 countries and regions, along with 10,000 participants from 61 countries and regions.

CBSP has chosen Thyssenkrupp Uhde’s Envinox technology for two of its nitric acid production facilities in Australia. In 2025, Thyssenkrupp Uhde’s technology was successfully installed and commissioned at CSBP’s nitric acid ammonium nitrate 3 plant.

Founder and chairman of Ineos Sir Jim Ratcliffe says that the moment of reckoning has finally arrived for Europe’s chemical industry. It is at a tipping point and only urgent action can save it, he comments.

Siemens has recently joined the Global Impact Coalition. This addition greatly strengthens the Global Impact Coalition’s growing network of global industry leaders committed to delivering tangible emissions reduction and circularity solutions through collaborative, cross-sector action.

Topsoe’s Syncor technology will be licensed for Sandpiper Chemicals’ new blue methanol plant in Texas, USA. The project is expected to produce 3,000 metric tons per day of blue methanol on completion.

Siemens and Caphenia have teamed up to accelerate the production of sustainable aviation fuel. Under the partnership Siemens will provide digitalization and automation solutions for Caphenia’s plasma technology which converts bio-methane into synthesis gas.