Covestro's biggest-ever efficiency upgrade will cut 40,000 tonnes of CO2 annually – Global News Digest, 13 May 2026

Supply Shock & Feedstock Realignment

Iran war forces Haldia Petrochemicals to ditch Kuwait and Qatar for Oman naphtha

India bets $3.9 billion on coal gasification to break free from gas imports

Cheap US shale gas puts Europe's entire petrochemical industry on the ropes

Deals, M&A & Strategic Expansion

Sanctions-hit Hengli winds down Singapore trading arm after US Treasury blow

Dorf-Ketal snaps up Vasu Chemicals to muscle into India's water treatment market

Biesterfeld buys into South Korea's OSP to crack Asia's high-tech chemicals market

Worley lands $400 million contract to build Orbia's critical battery material plant

India Industry Moves

Tata Chemicals CEO Mukundan takes the helm at CII for 2026-27

Gayatri Rubbers nearly doubles profit as railways and KSRTC deals roll in

Bodo Möller Chemie opens aviation-grade Bengaluru hub to ride India's aerospace surge

Rubber Board puts an expert on the helpline to guide farmers on drone spraying

Green Chemistry & Decarbonisation

Jordan breaks ground on its first $1 billion green ammonia plant in Aqaba

Covestro's biggest-ever efficiency upgrade will cut 40,000 tonnes of CO2 annually

JGU researchers discover catalysts that get better the longer they run

Rubber, Tyres & Circular Materials

Malaysia's natural rubber output crashes 29% as smallholders struggle to recover

Valeo joins global coalition to turn end-of-life car plastics into circular economy reality

From pyrolysis to bio-fillers: AZuR start-ups are reinventing the tyre circular economy

Plaza Tire Service opens new Missouri store to serve the fast-growing Springfield corridor

Materials Innovation & Market Shifts

Mitsubishi Chemical pulls out of biodegradable PBS business after years of losses

Nouryon's organic peroxide breakthrough unlocks recycled polypropylene for demanding applications

Redseer: the next $200 billion specialty chemicals prize goes to coordinators not manufacturers