INEOS backs Sandpiper's $1.7 billion Texas methanol plant targeting 97% CO2 capture by 2030 – Global News Digest, 5 May 2026

Market Intelligence

Yuan up 20%, China export rebates gone — Tibrewal says Indian chemicals are the dark horse of 2026

US chemical sector confidence hits highest since 2023 even as energy and transport costs bite hard

Mega Deals & Expansions

TA'ZIZ locks in $28.5 billion in long-term deals to make UAE a fully integrated chemicals powerhouse

INEOS backs Sandpiper's $1.7 billion Texas methanol plant targeting 97% CO2 capture by 2030

INEOS trims portfolio as Ecovyst snaps up Calabrian sulphur dioxide unit for $190 million

Ecovyst expands sulphur chemistry with $190 million Calabrian deal at 8x EBITDA multiple

Praana Group closes Multi-Chem deal to give Sterling Specialty Chemicals an oilfield chemicals arm

Innovation & Green Tech

Norner at PRSE 2026: AI sorting is real, the gap between recyclability claims and reality is not

Celanese and SharpCell become first to embed captured CO2 into airlaid nonwovens at commercial scale

BASF's new Ecovio toolbox lets brands mix compostable barriers for food, care and pet packaging

Policy & Regulation

California's SB 54 is now law — producers must hit 65% recycling rate or fund the system that does

CHEMEXCIL webinar on May 12 breaks down export promotion tools for chemicals and dyes sector

Tyres & Rubber

Nexen Tire posts record Q1 revenue as premium and EV tyre mix drives margins higher

Goodyear's Vector All Season 4 expands to 23-inch rims on the eve of the all-season tyre's 50th birthday

Pirelli scores 86 points to top Dow Jones sustainability index — the only tyre maker in both World and Europe

India's natural rubber output surged 400% in two decades driven by RSS and solid block rubber growth

Consumer & Packaging Insight

Seven studies confirm see-through packaging boosts purchase intent by creating a sense of ownership

Industrial Incidents

Dust collector blast at Glencore's Kazzinc zinc plant in Kazakhstan injures four and collapses building

Explosion at Hunan fireworks plant kills 26 and injures 61 as Xi orders urgent safety crackdown