South Korea's Chemical Industry: Past and Future - Part 2.

Today, Korean chemical industry executives are focusing on technology and research to propel the country's future success in the chemicals business. Knowing that chemical goods with low or no environmental impact will be in high demand, the trend has been to develop environmentally friendly c...

With an aim to support Tamil Nadu's USD 1 trillion vision plan, the chemical sector is aiming for USD 70 billion.

An official stated on Wednesday that for Tamil Nadu to realise its goal of a $1 trillion economy by 2030, the chemical industry needs to grow to USD 70 billion, or more than 10 times its current size. As the chemical sector expands to a USD 70 billion market, analysts predict that indirect job cr...

The state of Tamil Nadu has a vision of becoming worth $1 trillion, while the chemical sector there hopes to reach $70 billion.

On Wednesday, a government official in Tamil Nadu stated that in order to realize the state's goal of a $1 trillion economy by 2030, the chemical industry in the region must grow to $70 billion. This represents a more than 10-fold increase from its current size. As the chemical sector expands...

Untapped capacity

The Pakistan Chemical Expo 2022, which took place in Lahore from July 19 to 20, showed the possibilities for trade and investment in the domestic chemical industry. It was a highly encouraging event, reported to be the first of its kind, with participation from over 70 local and 10 international ...

25% of the US economy's GDP comes from the chemical industry

According to a new study published by the US National Academies, the chemical sector in the US generated $5.2 trillion (£4.3 trillion), or over a quarter of the nation's GDP, and employed 4.1 million people in the nation in 2020. A committee led by chemist and president of George Washin...

BOARD OF INDIA GLYCOLS APPROVES TRANSFER OF BIOEO BIZ

HIGHLIGHTS

• Board of India Glycols has approved the transfer of BioEO biz to IGL Green Chemicals.
• Now Clariant as majority partner in IGL Green Chemicals.

The Board of India Glycols approved the execution of the business transfer agre...

EUROPE: THE PRODUCERS OF PETROCHEMICALS ARE ANTICIPATING ON A BETTER OPERATING ENVIRONMENT

Highlights:

• The Petrochemical producers in Europe are anticipating for a better operating environment
• More fundamental shifts in the patterns of the demand will be becoming apparent over the time

The virtual European Petrochemical As...

GERMANY CONSIDERS SUBSIDIES FOR STEEL AND CHEMICAL SECTORS

HIGHLIGHTS

• Germany wants approval from EU to support the chemical industry and steel industry in its country.
• German government is considering providing subsidies to these industries.
• Economy minister presented a plan to support the growth ...

Regulatory Cooperation On Chemicals Proposed By Cefic And JCIA

After a mutual understanding, Cefic and the Japan Chemical Industry Association (JCIA) have drafted a set of priorities for regulators that are needed to be considered for future cooperation on chemicals regulations.

This new initiative follows the EU-Japan Economic Partnership Agreemen...

IOT TO ENHANCE GROWTH IN THE CHEMICAL SECTOR

HIGHLIGHTS:

• IOT will be the future of the Chemical industry
• Specialty chemicals will be more in demand

IOT or the Internet of Things is all about connecting every smart device for the better. In the context of this write up, it is mo...

THE INDIAN CHEMICAL INDUSTRY MIGHT GAIN FROM CORONA VIRUS’S RAPID SPREAD

Highlights:

• Indian Chemical market hopeful of a boost if the Corona Virus hits China’s chemical manufacturing
• Six Indian companies have in the recent years beaten the market by optimizing on China’s chemical industry shut down.

Chemical industry Gasification to be Eco-friendly

Engineers from Rice University have successfully invented a light-powered nanoparticle, which can lower the carbon footprints emitted by the chemical industry. They have devised a way to make the chemical industry go green by making the gasification process sustainable on non-fossil-fuel power.

GCC chemical industry produced sales of $84.1bn in 2018

The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the Arab Gulf chemical industry, published the' GPCA Pulse of the Chemical Industry Report ' highlighting the development, export, consumption, job creation and investment made in the Arab Gulf in 2018.

The G...

Bio chemical industry has an enormous involvement of Lysine

The United Kingdom sees the ascent sought after for biochemical as its application in the nourishment business and rural industry rises. Theres interest for protein blend biochemical as protein combination is a developing examination part everywhere throughout the world. Lysine is a ?-amino corro...

Another recall for the Gulf Coast Chemical Industry that it must act now

Over the last week, Tropical Depression Imelda threw over the chemical corridor between Houston and Beaumont more than 40 inches of rain and claimed at least five fatalities and up to 8 billion dollars in harm. We have again read reports of important releases of chemicals linked to this recent tempe...