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...“Last year saw one of the most critical situations in the entire history of the national chemical industry,” said André Passos Cordeiro, president of the Brazilian chemical industry association....
...The chemical industry has backed an update of the far-ranging Reach regulation, which currently runs to 849 pages, as long as it is “targeted and efficient”, according to industry body Cefic....
...But you cannot invest for the industry now, it is total chaos I have to say. Total chaos, the whole debate and the whole discussion.”...
...“Cheap energy helps both industries. But cement is a local business — fertiliser and chemicals are global.” The fertiliser industry has come under scrutiny for its heavy carbon footprint....
...The chemicals industry, which sits at the start of a vast number of companies’ supply chains, is seen as a bellwether for industrial production, adding to concern among German politicians and executives...
...The bloc is weighing a total ban, though industry wants a reprieve until alternatives are found....
...Exxon produced 11.2mn metric tonnes of polyethylene last year and operates a chemical recycling plant for plastic in Baytown, Texas....
...Cyclical upswings in chemical demand are strongly linked to Chinese credit expansion, notes Jefferies. European production is in the balance. BASF is preparing for a smaller domestic industry....
...Adnoc declined to comment.At the heart of the matter is the complexity of the transaction and the cross-shareholdings between the companies’ chemicals arms....
...Further reading— Can weight-loss drugs save the aviation industry (some money)?...
...Increasing pressure from lawmakers to ban or restrict PFAS has prompted a start-up race to find technology either to replace them, which for some industries, such as semiconductors, could be nigh on impossible...
...Ifo’s benchmark survey of the German chemical industry showed business expectations deteriorated in December compared with the previous month....
...Chip chemicals sales are expected to double over the next five years. Even then, at just $22bn, it would make up a small fraction of the entire chip industry....
...(But the industry may still end up jockeying for some support anyway.)...
...German industrial orders jumped 8.9 per cent in December, largely due to a surge in aircraft purchases that offset declines in other sectors such as cars and chemicals....
...As they work to develop compounds that target fungal infections in humans, scientists are urging the agrochemical industry and its regulators to pay more attention to the health implications of cross-resistance...
...The German media reports alleged that employees at BASF’s joint venture partner, Xinjiang Markor Chemical Industry, had carried out “home visits” to Uyghur families to gather evidence that would be passed...
...“[Commission president Ursula von der Leyen] needs to look after industry and get industry going in the right direction. Don’t make it so uncompetitive that she shuts it all down,” he added....
...After Russia’s invasion of Ukraine, the chemical group’s China strategy has come under scrutiny as Berlin has become increasingly anxious about the reliance of large swaths of its industry on the Chinese...
...Geopolitical tensions, combined with a growing focus on supply chain resilience, have triggered a significant shift in the tech industry....
...More than 9,800 lawsuits alleging harm from PFAS have been launched across 140 industries since 1999, according to a report by risk consultancies Milliman and Praedicat, and law firm Mendes & Mount....
...But farming organisations such as the EU industry body Copa Cogeca said cutting pesticide use by more than half would have a negative impact on yields and put food production across the bloc at risk....
...Swiss agricultural chemicals company Syngenta has called off a $9bn Shanghai listing that would have been one of China’s largest initial public offerings in years, as the country’s stock markets struggle...
...At the request of industry bodies, the ministry has in the past six months opened at least half a dozen probes on products ranging from metal sheets and pre-painted steel to chemicals and tyres....
...This week, the Environmental Protection Agency issued rules setting a limit on toxic pollution from chemical plants and stripping cancer-causing chemicals from tap water....
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