Eigenmann & Veronelli Group (“EV Group”), Italy’s leading and internationally oriented distributor of specialty chemicals and ingredients, further strengthens its Coatings & Construction portfolio through a new strategic agreement with Röhm GmbH, a global leader in the methacrylate chemistry.

BASF today celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang, Guangdong Province in southern China. Covering an area of around four square kilometers, it is more than a major BASF project in the chemical growth market of China.

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Evonik is expanding its successful Specialty Methacrylates partnership with IMCD, extending their proven collaboration from Brazil and Canada into the U.S. market. The move strengthens Evonik’s regional reach and gives customers broader access to its advanced solutions through IMCD’s established distribution network.

We are pleased to announce that Indorama Corporation, through its indirect subsidiary Indorama Advanced Oxides (Spain) S.L.U., has successfully completed the acquisition of Venator P&A Spain, S.L.’s titanium dioxide (TiO₂) manufacturing site in Huelva, Spain and associated assets.

Brenntag, the global market leader in chemicals and ingredients distribution, and Westlake Epoxy, a leading global supplier of epoxy resins and speciality materials, have announced the expansion of their long-standing partnership into the Indian market.

BASF raises prices for MDI in ASEAN countries

Researchers at the Fraunhofer-Gesellschaft have developed a novel, more sustainable method to produce polyurethanes (PUR) — versatile plastics used in products from furniture and insulation to medical tubing — without employing toxic isocyanates, which are traditionally indispensable but hazardous and linked to respiratory issues and strict safety controls during manufacture.  

On February 4, 2026, BASF announced a $200 per metric ton price increase for its Lupranate® TDI in Asia-Pacific (excluding mainland China) and the MEAF region, citing rising transportation, energy, and regulatory costs, against the backdrop of a rapidly tightening global supply environment dominated by China.

Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical have agreed on a major strategic collaboration to promote decarbonisation and optimise production capacity across their ethylene manufacturing operations in western Japan, supported by Japan’s Ministry of Economy, Trade and Industry (METI).

Pflaumer Brothers has unveiled TERACURE® HP 47, a next-generation aliphatic polyisocyanate crosslinking agent designed to elevate the performance of two-component (2K) waterborne polyurethane coatings across demanding sectors such as automotive, aerospace, construction, flooring, wood finishing, OEM production, and industrial applications.

Dow has announced that it will produce VORANOL™ WK5750, an advanced polyether polyol, at its Freeport polyol plant, reinforcing the company’s commitment to delivering high-performance solutions for the flexible foam industry.

Kumho Mitsui Chemicals, a key producer within the Mitsui Chemicals group, is strengthening its position in the MDI market by further expanding its production capacity.

The Indian government has extended the anti-dumping duty on imports of Flexible Slabstock Polyol originating from or exported by Saudi Arabia and the United Arab Emirates up to and including June 17, 2026, according to Customs (Anti-Dumping) Notification No. 01/2026 issued on January 2, 2026, following a sunset review by the Directorate General of Trade Remedies (DGTR).

BASF’s announcement of a USD 200 per metric tonne increase for Lupranate® TDI across ASEAN and South Asia reflects the broader upward pressure on TDI pricing in the region, driven primarily by escalating transportation and energy costs.

Longhua New Materials has completed construction and successfully commenced production at its 330,000-ton-per-year polyether polyol expansion project, representing an investment of 150 million yuan and lifting the company’s total polyether capacity to 1.29 million tons annually, reinforcing its scale advantage in China’s domestic market. The new capacity focuses on high-activity soft foam polyether polyols and CASE-grade polyether polyols, widely used in automotive interiors,

BASF has announced a US$200/tonne price increase for MDI products in South Asia, coinciding with a steady upward trend in China’s domestic pure MDI market. Prices have risen in a clear stepwise pattern, driven by tight supply and reduced imports. In Shanghai, pure MDI has climbed from 18,400 yuan/tonne at the start of the month to around 19,500 yuan/tonne, supported by higher factory guidance prices. Shanghai’s November listing price rose by 500 yuan/tonne to 24,000 yuan/tonn

Monument has commenced the first US-based production of polyols derived from renewable carbon at its Brandenburg, Kentucky facility, marking a significant milestone for the polyurethane industry.

INEOS Styrolution has announced its decision to permanently close its polystyrene (PS) production operations in Wingles, France, as part of a wider strategy to align its European footprint with evolving market conditions and strengthen long-term competitiveness. The company will consolidate polystyrene production for its European customer base at its advanced Antwerp site in Belgium, which offers a strong strategic location near major suppliers and customers, as well as enhan

BASF announced that it will address structural changes in the global chemical fiber market, marked by significant overcapacity, by consolidating its Asian polytetrahydrofuran (PolyTHF®) business at its Caojing site in China.