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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.


Global Overview of the Polyurethane Dispersions (PUDs) Market
7th Edition Publication: January 2026 IAL is pleased to announce the publication of the seventh edition of its report on the polyurethane dispersions (PUD) markets. This new edition looks at the growth seen in these markets in recent years and expectations of how the markets will develop in the current economic circumstances. This report defines the production and consumption in 2025 along with forecasts fo
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Jan 81 min read


BASF Launches Sustainable Spray Foam Insulation
BASF is expanding its spray polyurethane foam (SPF) portfolio with WALLTITE ® RSB, a next-generation, closed-cell spray polyurethane foam. To meet the growing demand, the company combines industry-leading performance with a blend of recycled and renewable content for a lower overall carbon footprint. “We want to create double-added value for our customers by providing high-performance and sustainable solutions, “said Nancy Houle, BASF Business Director for Spray Polyurethane
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Jan 71 min read


New Directions Aromatics partners with Aromatic Fragrances International to create a digitally enabled specialty ingredients platform
New Directions Aromatics partners with Aromatic Fragrances International to create a digitally enabled speciality ingredients platform
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Jan 72 min read


XRG Acquires Covestro AG
ADNOC International Germany Holding AG, a wholly owned indirect subsidiary of XRG P.J.S.C. ("XRG"), completed the acquisition of Covestro AG. Covestro will accelerate XRG’s global position in the chemicals sector and support XRG to become one of the leading global chemicals investors. XRG will work in close partnership with Covestro’s management to unlock the company’s full long-term potential. As part of the transaction, XRG is investing €1.17 billion to strengthen Covestro’
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Jan 71 min read


McCormick completes the acquisition of controlling interest in McCormick de Mexico
McCormick completes the acquisition of controlling interest in McCormick de Mexico
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Jan 72 min read


Americas Flame Retardant Additives Market Trends
Flame retardant consumption across the Americas PU industry is demonstrating sustained long-term growth, increasing from 155,400 tonnes in 2019 to a projected 186,400 tonnes by 2030, representing an overall increase of approximately 20% over the period.
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Jan 75 min read


Pflaumer Introduces TERACURE® HP 47: Aliphatic Crosslinker for High-Performance Waterborne PU Coatings
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.
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Jan 51 min read


Azerbaijan Expands Stone Wool Production Capacity with New AZWOOL Facility
President Ilham Aliyev inaugurated the AZWOOL mineral rock wool plant, a major addition to Azerbaijan’s construction materials industry and the latest development from Matanat-A, a company operating since 2000 with diversified operations in dry construction mixtures, gypsum-based products, lime production and machine-building.
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Jan 51 min read


Statkraft Signs Eight-Year PPA to Power Hunton Fiber’s Insulation Factory
Statkraft, Norway’s leading renewable power producer, has entered into an eight-year power purchase agreement with building materials manufacturer Hunton Fiber to supply electricity for its wood fibre insulation facility in Gjovik.
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Jan 51 min read


Dow to Manufacture VORANOL™ WK5750 Polyether Polyol at Freeport
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.
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Jan 51 min read


Kumho Mitsui Chemicals Expands MDI Capacity to Support Growing Demand and Sustainability Goals
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.
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Jan 51 min read


Givaudan Expands North American Presence with Acquisition of Belle Aire Creations
Givaudan, the global leader in Fragrance & Beauty, has announced the successful acquisition of Belle Aire Creations, a well-established US fragrance house recognised for its creative strength and strong relationships with regional customers.
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Jan 51 min read


Quiksilver to Launch First Fragrance Collection Through IMH Fragrance Partnership
IMH Fragrance, a prominent fragrance developer and manufacturer, has announced a strategic partnership to create Quiksilver’s first-ever fragrance collection, set to debut in early 2026 across the U.S. and Canada.
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Jan 51 min read


NOVEX Advances Sustainable Polyurethane Solutions for Construction under ZIRCON Project
The NOVEX Technology Centre, within the framework of Spain’s Science and Innovation Missions Programme (CDTI) and in collaboration with Ensatec laboratories and Geopannel, is completing the final stage of the ZIRCON project, focused on developing and validating sustainable polyurethane materials for the construction industry.
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Jan 51 min read


BASF, Sanfang and Liji Join Forces on GRS-Certified TPU Films to Cut Footwear Emissions
BASF, Sanfang Chemical Industry Co., Ltd. and Liji Advanced Materials Co., Ltd. have entered into a strategic collaboration to accelerate sustainable material solutions for the footwear industry, with the shared objective of supporting net-zero emissions by 2050.
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Jan 51 min read


MANE Breaks Ground on USD 70 Million Pinghu Phase II Expansion to Strengthen Fragrance Production in China
MANE China has officially commenced construction of Phase II of its Pinghu production facility on 31 October 2025, marking a significant milestone in the Group’s long-term investment strategy in China and the wider Asia-Pacific region.
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Jan 51 min read


OxyChem Acquired by Berkshire Hathaway
Berkshire Hathaway Inc. has announced the successful completion of its $9.7 billion acquisition of OxyChem from Occidental Petroleum, subject to customary post-closing purchase price adjustments.
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Jan 51 min read


India Extends Anti-Dumping Duty on Flexible Slabstock Polyol Imports Until June 17, 2026
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).
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Jan 51 min read


Kumho Mitsui Chemicals Increases Capacity of MDI Production Facilities
Mitsui Chemicals, Inc. affiliate Kumho Mitsui Chemicals Inc. has decided to further increase the capacity of its production facilities for methylene diphenyl diisocyanate (MDI). The facility is already operating at full capacity following a 200,000-ton capacity increase in 2024. With this new capacity increase, Kumho Mitsui Chemicals will be able to accommodate growing demand for not only automotive materials, but also the high-performance MDI used in flame-retardant insulati
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Jan 41 min read


Selena bids for Grupo IGM, a maker of sandwich panels
Selena bids for Grupo IGM, a maker of sandwich panels
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Dec 21, 20252 min read


Barentz Expands Distribution Agreement with Huntsman Performance Products in the United States and Canada
Barentz Expands Distribution Agreement with Huntsman Performance Products in the United States and Canada
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Dec 21, 20251 min read


Global Overview of the Human Nutritional Ingredients Market Report 2025
1 ST Edition Publication: December 2025 This is a brand-new report from IAL bringing together the most recent information available on the Global Market for Human Nutritional Ingredients, complementing our research on the Global Flavours Market . The report covers the following product types and end-use sectors: Product Types · Amino Acids (excluding bulk proteins) · Peptides & Collagens · Carbohydrates
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Dec 18, 20251 min read


Aroma Chemicals & Active Cosmetics Ingredients Market Reports 2025
5 th Edition Publication: December 2025 These two fully updated IAL market reports bring together the most recent information available on the Global Markets for Aroma Chemicals and Active Cosmetic Ingredients, complementing our research on the Global Flavours and Fragrances Markets . All data in these reports plus additional historical trends and forecasts are available in our unique online database. Various package
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Dec 15, 20251 min read


Prodalim continues its accelerated strategic transformation with the acquisition of René Laurent, a leading beverage flavours company situated in the Grasse area, France
Prodalim continues its accelerated strategic transformation with the acquisition of René Laurent, a leading beverage flavours company situated in the Grasse area, France
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Dec 9, 20252 min read
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