Kuwait greenlights $10.5 billion Zour petchem complex to produce 945,000 tonnes of… – Global News Digest, 4 Jun 2026

Investment & industrial diplomacy

Andhra Pradesh courts Russian firms for petchem plant, semiconductor unit and smart city contracts in Moscow

Lokesh pitches Ruschem Group on Vizag-Kakinada PCPIR chemical hub and east coast logistics network

Circular chemicals & mega petchem

BASF deepens Encina tie-up with advisory rights and equity option in landmark circular benzene project

Kuwait greenlights $10.5 billion Zour petchem complex to produce 945,000 tonnes of polypropylene a year

Deals, stakes & divestments

Mikusu India lifts Daikaffil Chemicals stake to 48.55% with fresh open market purchase of 4,200 shares

Saint-Gobain sells HKO high-temperature insulation textile business to DUBAG Group in Lead and Grow push

Sandvik sheds metal powder additive manufacturing unit to Swedish firm Mimir to sharpen its focus

K+S pays €350 million for Qemetica's Poland and Germany evaporated salt sites to crack CEE specialty market

Sustainability & circular economy

Epsilon Carbon earns Responsible Care recertification through 2029 covering its 435,000 tonne Karnataka complex

India's retreading sector saves Rs.25,000 per truck tyre but policy blind spots keep 70% of retreaders informal

Advanced materials & electronics

Dow's new DOWSIL TC-3120 thermal gel delivers 12 W/m·K conductivity for 800G optical and AI electronics

Trade wars & policy risk

EU's existential threat warning puts Chinese chemicals in the crosshairs of a sweeping new trade defence