AI is no longer a buzzword; it’s reshaping how industries work. From Gen AI and Computer Vision to Edge AI and Agentic AI, chemical and oil & gas leaders are already exploring these technologies to streamline workflows, cut downtime, and strengthen safety. As companies face rising pressure to modernize and meet sustainability goals, next gen AI is emerging as the game changer for operational excellence and safety.

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.

Under a license agreement signed between BASF and Andritz, BASF’s OASE technology has been selected for a carbon capture project that is expected to be developed in the city of Aarhus, Denmark.

BASF and International Flavors & Fragrances have partnered together to accelerate the development of IFF’s Designed Enzymatic Biomaterials technology platform and also create next-generation enzyme technologies for fabric, dish and personal care as well as industrial cleaning applications.

BASF has achieved the successful start-up of the butyl acrylate plant and the mechanical completion of the steam cracker and all integrated petrochemical plants at its Zhanjiang Verbund site in China.

The global investment firm Carlyle has signed a binding transaction agreement with BASF to secure a majority stake in its coating business. The transaction is expected to close in Q2 2026.

Carbon Capture and Storage (CCS) and Carbon Capture, Utilization and Storage (CCUS) are no longer fringe technologies — they are becoming central pillars of industrial decarbonization. As governments and companies face mounting pressure to achieve net‑zero emissions by 2050, the deployment of CCS/CCUS projects has accelerated worldwide. From chemicals to energy, industries are embracing carbon capture as a critical lever to reduce emissions.

With an aim to meet the growing demand for dispersions in Türkiye, the Middle East, and Northwest Africa, BASF has expanded the production capacity for dispersions for the architectural coatings and construction industries at its Dilovası plant in Türkiye.

The Antwerp Declaration Community has urged EU leaders to take urgent and bold action to restore Europe’s industrial competitiveness, safeguard high-quality jobs for European workers, and turn the Clean Industrial Deal into outcomes felt on factory floors in 2026.

Europe’s chemical industry is sliding into crisis as rising energy costs, weak demand, and dwindling investments force widespread plant shutdowns. Without swift policy intervention, the region risks losing its industrial backbone to competitors in lower cost, faster growing markets.