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Latest News from IAL and the Global Chemicals Industry
Stay informed regarding IAL's latest publications and industry news covering the markets for Polyurethanes, Flavours & Fragrances and Thermal Insulation.


OCI to Exit TDI Business
OCI Company Ltd., a significant South Korean industrial chemicals producer, produces a variety of products, including toluene diisocyanate (TDI), a critical component of polyurethane that is utilized in the construction and manufacturing industries.
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2 days ago1 min read


Polyol Market Set for Steady Growth as Construction and Automotive Demand Accelerate
Polyols are one of the key raw materials used in the manufacture of polyurethane and play a vital role in determining the performance characteristics of the final product.
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Sep 244 min read


Vita Group and Manchester University Form Partnership to Develop Sustainable Automotive Foams
The Vita Group, a leading provider of flexible polyurethane foam solutions for the automotive, furniture, bedding and industrial sectors, has formed a strategic partnership with The University of Manchester to support the newly established The Vita Royal Academy of Engineering Chair in Sustainable Automotive Polymers. Jointly supported by The Vita Group and the Royal Academy of Engineering, the three-year Research Chair will focus on advancing more sustainable polyurethane ma
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Sep 242 min read


Celanese to Increase Prices for Engineered Materials
Celanese Corporation, a global speciality materials and chemicals company, has announced price increases for its ultra-high molecular weight polyethylene (UHMW-PE) and polyoxymethylene (POM) products.
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Sep 241 min read


Covestro Launches pMDI with Lower Product Carbon Footprint
Covestro is expanding its pMDI (polymeric methylene diphenyl diisocyanate) portfolio in Europe with the introduction of Desmodur® ClimateValue (CV) a new grade with about 25% reduction in Product Carbon Footprint (PCF) of comparable standard Desmodur® grades used for insulation applications. The reduced footprint is achieved through renewable energy use, process innovation and efficiency improvements, and supply chain decarbonization, and is verified using a cradle-to-gate l
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Sep 222 min read


Azelis and Imerys Strengthen Partnership with New Distribution Agreement Across Central and Eastern Europe and the Balkans
Azelis has expanded its partnership with Imerys, strengthening the distribution of mineral-based speciality solutions across Central and Eastern Europe and the Balkans.
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Sep 222 min read


BASF is exploring an investment opportunity in MDI production within India
BASF is currently assessing a potential investment in India, reflecting its long-term commitment to supporting the region’s expanding customer base and growing market demand. As part of this process, the company is undertaking an advanced feasibility study into the development of an MDI (methylene diphenyl diisocyanate) production facility. To support the proposed project, BASF has secured industrial land in Dahej, Gujarat, through its Indian subsidiary, BASF India Polyuretha
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Sep 221 min read


Mergers & Acquisitions Across the Polyurethane Value Chain
The global polyurethane (PU) industry entered a new phase of consolidation and strategic restructuring during 2024–2026. Unlike earlier periods, when companies primarily focused on capacity expansion and greenfield investments, recent activity has been increasingly driven by mergers and acquisitions (M&A), divestments, portfolio optimisation and targeted investment in specialty materials
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Sep 1810 min read


Covestro Launches New Pilot Plant in Leverkusen
Covestro has inaugurated a new pilot plant at its Leverkusen site to chemically recycle high-performance elastomers.
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Sep 172 min read


Dow Considers Saudi Aramco Chemical Joint Venture Exit
US chemicals group Dow is considering an exit from its joint venture with Saudi Arabian oil company Aramco. The partnership, Sadara Chemical, is valued at USD 20 billion (approximately EUR 17.2 billion). Dow currently holds a 35 % stake in the venture, with Aramco holding the remainder. The potential withdrawal is part of a broader portfolio review by the Michigan-based company in response to a sustained downturn in the chemicals sector. Dow is reported to be focusing on bus
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Sep 141 min read


Sika Completes Acquisition of Akkim, Accelerating Global Expansion in Adhesives and Sealants
Sika has completed the acquisition of Türkiye-based Akkim, strengthening its global adhesives and sealants business and expanding its market presence.
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Sep 31 min read


Vipul Organics’ Subsidiary ADIMEM Acquires Membrane Manufacturing Platform from Denmark’s Aquaporin
Vipul Organics’ Subsidiary ADIMEM Acquires Membrane Manufacturing Platform from Denmark’s Aquaporin
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Sep 11 min read


OLIN and HUNTSMAN Merger Approved
Olin Corporation and Huntsman Corporation announced that their respective shareholders have approved the proposals necessary to complete the companies' previously announced all-stock merger of equals. "We greatly appreciate the strong support of Olin and Huntsman shareholders as we reach this important milestone," said Ken Lane, President and Chief Executive Officer of Olin. "OlinHuntsman Corporation will be a more value-focused chemicals company with a world-scale vertically
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Aug 302 min read


Kimpur Gains ReMade® Certification for Recycled PU Products
Kimpur has achieved ReMade® certification for its products that are designed for the sandwich panel industry. The certification encompasses two rigid polyurethane foam systems and three polyester polyols from Kimpur's current product line. The certified products assist European sandwich panel manufacturers in complying with the Minimum Environmental Criteria (Criteri Ambientali Minimi – CAM) that are applicable to pertinent projects in Italy. After the commencement of PET-bas
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Aug 272 min read


RAMPF Acquires the Chinese Mixing and Dispensing Specialist HGIT
RAMPF acquires the Chinese mixing and dispensing specialist HGIT
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Aug 252 min read


Global Overview of the Spray Polyurethane Foam (SPF) and One Component Foam (OCF) Markets
9th Edition – August 2026 IAL is pleased to announce the release of the 9th edition of its report on the markets for Spray Polyurethane Foam and One Component Foam. This new edition examines the developments in the global market in recent years for both products. It also explores the market trends driving the production and demand. The study presents historical production and demand data from 2021-2024, along with the 2025 base year. Forecasts from 2026-2030 are also inc
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Aug 251 min read


The Vita Group Partners with Evonik for Polyurethane Mattress Recycling Process
The Vita Group has maintained its collaboration with Evonik to create a chemical recycling process that is both efficient and effective in the conversion of flexible PU foams to the original polyol raw material. Evonik is a global leader in the supply of essential additives that are utilised in the production of a variety of polyurethane foams. The recycled polyols from Evonik's hydrolysis process are currently being tested in a variety of flexible foam applications by Vita.
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Aug 242 min read


APPLIED Adhesives Expands European Presence with Acquisition of Van Asperen Kleefstoffen
APPLIED Adhesives, a leading provider of adhesive solutions, dispensing equipment, parts and service, today announced the acquisition of Van Asperen Kleefstoffen, a Netherlands-based adhesive solutions provider serving the packaging, labeling, and paper converting markets. This marks APPLIED’s first acquisition in the Netherlands and its second in Europe.
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Aug 241 min read


Middle East Construction Boom and its Impact on Polyurethane Demand
The Middle East construction sector expanded in 2025, led by Saudi Arabia and the UAE, with ongoing investment in residential, hospitality, healthcare, infrastructure and industrial developments.
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Aug 203 min read


H.B. Fuller Receives Unsolicited Adhesive Solutions Proposal
H.B. Fuller Company has confirmed that it has received an unsolicited proposal from Ancora Holdings Group to acquire its Building Adhesives Solutions (BAS) business for between $1.1 billion and $1.2 billion in cash. While Ancora had previously expressed informal interest in the BAS business, the letter received by H.B. Fuller represents its first formal offer for the segment and was received at the same time as the proposal was made public. H.B. Fuller’s management team and B
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Aug 191 min read
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