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Chemical Industry News
357 posts
Sika targets Japanese automakers with Resonac adhesives acquisition as Asian manufacturing expansion accelerates
Sika plans to acquire Resonac's Asian adhesives business. Explore automotive growth opportunities, battery applications and investor implications.
Solvay cuts 2026 profit outlook as Saudi peroxide shutdown and Middle East conflict pressure cash flow
Solvay has cut the midpoint of its 2026 EBITDA forecast by €80 million after Middle East disruption and the continued closure of a Saudi peroxide facility. The company is exploring potential contractual recovery, but weaker cash flow guidance raises questions about how quickly its industrial transformation can restore earnings resilience.
Polyethics cuts 118 Orillia jobs as tariff pressure collides with $41 million Ohio expansion
Polyethics has temporarily laid off 118 employees in Orillia only days after unveiling a US$41 million Ohio factory, exposing how trade disruption is reshaping its North American manufacturing footprint.
Why is a sulfur shortage forcing Mosaic to idle a Florida mine and cut 199 jobs?
The Mosaic Company plans to temporarily idle its South Fort Meade operation and lay off 199 workers as constrained sulfur supplies deepen pressure on its phosphate business.
Aduro cash jumps to C$65.7m as clean-tech company pushes pilot technology toward industrial scale
Aduro ended Q1 with C$65.7 million in cash but no revenue. See what pilot progress, Saipem engineering work and cash burn mean for $ADUR.
Aarti Industries signs Rs 1,500cr speciality chemicals deal with global customer
Aarti Industries Limited has secured a manufacturing agreement lasting more than ten years, with estimated revenue potential of ₹1,500 crore. A dedicated Indian facility is planned for FY2028–29, but the contract's earnings contribution will depend on commissioning, customer demand and capital efficiency.
GHCL starts 2,800-tonne bromine production as Rs 330cr diversification plan advances
GHCL Limited has commenced commercial bromine production in Gujarat, completing a second manufacturing milestone after its vacuum salt launch. Management expects the two businesses to generate attractive margins, although production ramp-up and weak soda ash demand remain important tests.
CEMEX is saving $475m globally. What does the Lyons workforce cut reveal about its asset strategy?
CEMEX will eliminate at least 70 positions at its Lyons, Colorado cement operation from November 21 while keeping cement sales and distribution active. The local workforce reduction comes as the global building-materials group reports record quarterly EBITDA and expands its Project Cutting Edge cost-savings target to $475 million.
GSFC seeks partner for 500,000-tonne green ammonia plant as Gujarat project takes shape
Gujarat State Fertilizers & Chemicals Limited is seeking a strategic joint venture partner for a green ammonia facility of at least 500,000 tonnes a year at Sikka, with the project potentially requiring 2 GW to 3 GW of renewable power and targeting commissioning before the end of 2030.
Orica (ASX: ORI) secures FY27 North American ammonium nitrate supply as Deer Park sale slips
Orica Limited has secured ammonium nitrate supply for its North American customers through FY2027 using additional United States and Canadian sources, reducing a significant supply-chain risk even as the planned sale of surplus Deer Park land moves beyond FY2026.