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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.


Kingspan Strengthens Saudi Presence with New Dammam Insulation Manufacturing Facility
Kingspan Insulation, a division of the global building materials leader Kingspan Group, has reinforced its commitment to Saudi Arabia through the operational launch of a new state-of-the-art manufacturing facility in Dammam.
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Jun 32 min read


Svenska Aerogel is launching Naerogel®, a new brand for its high‑performance aerogel material.
Svenska Aerogel is launching Naerogel®, a new brand for its high‑performance aerogel material, marking its transition towards a stronger global commercial presence. Replacing Quartzene®, the new brand reflects over two decades of research, Nordic innovation, and ongoing improvements driven by customer collaboration. Naerogel® delivers enhanced benefits, including improved thermal insulation, sustainable production using silica, water and renewable energy, a flexible platform
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Jun 31 min read


Evonik Opens Beauty Science and Innovation Center in Shanghai
Evonik Opens Beauty Science and Innovation Center in Shanghai
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Jun 22 min read


New India fragrance hub to strengthen Unilever’s global capabilities
New India fragrance hub to strengthen Unilever’s global capabilities
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Jun 23 min read


ThermoSafe Expands U.S. VIP Panels Manufacturing
ThermoSafe, a global leader in temperature-controlled packaging technologies, has made a substantial increase in its US based manufacturing capabilities for Vacuum Insulated Panels (VIPs), a critical component of high-performance cold chain packaging for the life sciences industry. The investment enhances ThermoSafe's capacity to provide pharmaceutical and biotech customers with enhanced operational control, faster response times, and greater supply assurance in response to t
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May 281 min read


Samyang Group Acquires Soda Aromatic
To enhance its global speciality business, Samyang Group will acquire Soda Aromatic, one of Japan's top five flavour and fragrance companies. The Japanese subsidiary of Samyang Corporation will acquire 100% of the shares of Soda Aromatic that are currently held by Toray Industries and Mitsui & Co. This acquisition will be made through this subsidiary. During the period of late June to early July, the two organisations intend to finalise all administrative procedures and busin
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May 282 min read


IFF Signs Agreement to Sell Its Food Ingredients Business to CVC
FF Signs Agreement to Sell Its Food Ingredients Business to CVC
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May 282 min read


Recticel Insulation Launches a New Industrial-scale Recycled Polyol Plant
Recticel Insulation announced the commencement of its new industrial-scale recycled polyol plant in Wevelgem, Belgium. This facility represents a significant milestone in the company's long-term sustainability strategy and a significant stride toward circularity in the insulation sector. The newly commissioned facility has been developed as part of Recticel Group’s broader strategy, whereby post-industrial PIR (polyisocyanurate) waste is converted into high-quality recycled p
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May 271 min read


Symrise Expands Holzminden Logistics Hub with €25 Million Investment
Symrise has commenced the second phase of construction for its logistics centre in Holzminden, Germany, marking another significant milestone in the company’s long-term infrastructure and growth strategy.
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May 251 min read


Covestro Strengthens Asia-Pacific TPU Innovation Network with New Guangzhou Development Centre
Covestro has officially opened a new Thermoplastic Polyurethane (TPU) Application Development Centre in Guangzhou, China, reinforcing the company’s strategy of bringing innovation and technical collaboration closer to customers across the Asia-Pacific region.
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May 251 min read


Polyurethane in Cold Chain Appliances: Insulating the Future
Polyurethane is a versatile polymer that plays an important role in cold chain appliances. It helps to keep products safe and fresh and to conserve energy during storage and transportation.
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May 253 min read


Expanded Polymer Systems Plans Capacity Expansion for Growing Indian PU demand
Expanded Polymer Systems aims to increase its net revenue to $160 million. Its initiatives are a direct result of the rapidly expanding polyurethane market in India and a five-pillar growth strategy that includes capacity expansion, innovation, capacity utilisation, raw material debottlenecking, and new business development. The company’s new CEO, Mahesh Gopalasamudram, said its position as a “nimble, innovation-driven and deeply customer-intimate” supplier gives it an advant
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May 212 min read


Hyosung TNC Commits US$1 Billion to Expand Sustainable Bio-Based Materials Business
Hyosung TNC has announced plans to invest US$1 billion in its future bio-based materials business, marking a major step in the company’s long-term sustainability strategy. The investment will support the construction of multiple Bio-BDO production plants in Vietnam with a combined annual capacity of 200,000 tonnes.
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May 211 min read


PCL Construction and ROCKWOOL Break Ground on New Washington Manufacturing Facility
PCL Construction has officially commenced construction of a new stone wool insulation manufacturing facility for Rockwool North America in Wallula, Washington, marking a significant investment in sustainable building materials and advanced manufacturing in the western United States.
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May 211 min read


Symrise Strengthens Food & Beverage Operations in Barcelona
Symrise has strengthened its Food & Beverage capabilities in Southern Europe through the expansion and modernisation of its site in Parets del Vallès near Barcelona, reinforcing its regional presence and improving service proximity for customers across Europe, North Africa and the Middle East.
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May 211 min read


Graco Inc. Entered into an Agreement to Acquire Valco Melton
Graco Inc. entered into a definitive agreement to acquire Valco Melton, a global provider of adhesive application and quality assurance systems, for $447 million in cash. The acquisition will include the present value of approximately $40 million in expected tax benefits, subject to customary adjustments. This is equivalent to approximately 14 times Valco Melton's EBITDA for the entire year of 2025. The transaction is anticipated to be finalised in the third quarter of Graco'
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May 201 min read


Adient Acquires Automotive Seating Foam Plant
Adient, a global leader in automotive seating, has expanded its operational footprint by acquiring a foam production plant in Romulus, MI. The plant, which produces foam for seats for multiple automaker customers, joins Adient’s network of 10 foam plants in the Americas region. Globally, the company has 30 foam manufacturing plants. Adient purchased the plant from automotive supplier Woodbridge. The agreement included the purchase of the existing building and land, production
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May 201 min read


BASF Opens New Refinery Catalyst R&D Center in Georgia
The new center is expected to accelerate innovation cycles and enhance production testing capabilities, enabling the refinery catalysts team to bring advanced catalyst solutions to market more efficiently. It also serves as a central hub for operational and analytical excellence, supported by modern quality assurance and quality control laboratories.
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May 202 min read


dsm-firmenich Agrees Sale of Action Pin Business to AP Marensin
DSM-Firmenich as announced the sale of its Action Pin business, part of the company’s Perfumery & Beauty division under the “Agro Ingredients” segment, to AP Marensin S.A.S.U., an investor consortium established by FeBe Vermögensverwaltung GmbH and supported by Berlin-based family office Econa and French private equity fund Ouest Croissance.
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May 201 min read


DöhlerGroup Buys Remaining Shares in Treatt
Döhler formed an agreement to acquire the remaining shares in British flavour house Treatt for £183 million, thereby assuming full ownership of the company. The agreement was announced on 29th April 2026, following a previously established agreement between the two businesses in January. German ingredients manufacturer Döhler already held a 28% stake in the flavour house, increased from 10% in late 2025. Under the terms of the acquisition, Treatt’s shareholders will be entitl
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May 192 min read


Covestro Launches Major Energy Efficiency Project at Dormagen Site
Covestro has announced its largest energy efficiency project to date, aimed at significantly reducing energy consumption and carbon emissions at its Dormagen facility in Germany.
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May 191 min read


Stepan has announced a price increase for its polyol products in the North African market.
Polyol Price Increase
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May 191 min read


Kimpur, a polyurethane system manufacturer, has formed a partnership with Kobe Polyurethane.
Kimpur, the region’s leading polyurethane systems house by production capacity and sales, has made a strategic investment to support its growth. It has formed an 80% affiliated partnership with Kobe Polyurethane, enabling it to expand into new specialised product segments.
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May 191 min read


Omya Performance Polymer Distribution expands BASF Elastollan TPU partnership.
Omya Performance Polymer Distribution has been appointed the mutually exclusive distribution partner for Elastollan thermoplastic polyurethane (TPU) by BASF across France, Switzerland, North Africa, Israel and the Middle East, effective July 1, 2026.
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May 191 min read
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