BASF and Sinopec have signed a Memorandum of Understanding (MoU) in Beijing to further strengthen their partnership in upstream and downstream chemical production in China.

The report reveals that in the engineering plastics market, acrylonitrile butadiene styrene accounts for about 40 % of the total demand. The market research company has also evaluated various types of plastics including ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers in its study.

BASF and Adani Group have signed a Memorandum of Understanding (MoU), to evaluate a major joint investment in the acrylics value chain. This would be the German group’s largest investment in India to date.

The chemical industry could be the first to feel the immediate impact of Britain’s possible vote on exiting the EU: recent studies show that the branch could be affected by a seven billion pounds loss in exports, making it the hardest hit of all British industries…

China is stepping up the pace — By 2025, China wants to play a leading role in terms of innovation, sustainability and networking. The ambitious plan will be a challenge particularly for chemical and petrochemical companies. What solutions does the concept “Made in China 2025” offer for an industry at the crossroads? And how can companies prepare for the future?

With the aim of sustainable growth, Turck India Automation has been serving the automation needs of the varied industries in India. Here is a read on how the company has served the Indian market and plans to continue this journey further.

CO2 to chemicals: What potential has the utilisation of carbon dioxide for chemicals production? — CO2 has a bad image. But can the undesired exhaust gas also be used as a raw material? Not an easy task, yet researchers from all over the world are working hard on turning the climate killer as a raw material. And those, who believe this will remain a thought game played in ivory towers or think that these minor experiments will remain confined to the cellar laboratory are making a big mistake: The first production scale plant is already on-stream....

Plant engineering is making a small comeback in Europe. But how viable is the trend? — In 2018, European investment projects saw a mini-boom: 134 new plants in the first eight months show the potential in the industry. But now, thanks to trade conflicts, the Brexit and oil price rises, growth is coming to a standstill —  is chemistry running out of steam?

Cheap gas spawns fertilizer projects: BASF and Yara plan to build a joint world-scale ammonia plant on the US Gulf Coast. Plans include a 750,000 tons-per-year hydrogen-synthesis plant at BASF's Freeport site in Texas.

The new strategy announced by BASF is concentrating on organic business growth. With the aim of becoming faster and more flexible, the company intends to significantly simplify structures and processes, sharpen its portfolio and strengthen the Verbund. Sales with products that make a substantial contribution to sustainability are to reach $ 25 billion in 2025.