Petrochemicals

India's Haldia has ample naphtha, plans to step up local purchases amid US–Iran conflict

ITT completes acquisition of SPX FLOW

In December 2025, ITT announced it had entered into a definitive agreement to purchase SPX FLOW for a total consideration of $4.775 B, funded through a combination of cash and equity.

Secure the future of process automation through IT/OT convergence

In the processing industries, operational technology (OT) systems that control and automate physical industrial operations have traditionally been isolated from information technology (IT) systems that manage data and enterprise-level functions. This separation was largely driven by cybersecurity concerns, leading to strict controls on OT networks and limiting their ability to connect with broader IT infrastructure. 

How AI agents can finally close industry’s most persistent blind spot

Cybersecurity in oil and gas: Protecting critical infrastructure and operations in the digital age

Valmet launches Valmet FlexBatch 8, the latest version of its advanced batch automation and recipe management software

Operators increasingly expect batch control software that offers broad adaptability and works seamlessly within the distributed control system (DCS) responsible for coordinating and automating plant activities.

Turkey Wealth Fund in talks for a potential $10-B petrochemical complex

South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs

Dimensional Energy and Idemitsu partner on low‑carbon fuels and materials

Leveraging each company’s technological expertise, business assets, and regional networks, both parties seek to create new value that contributes to betterment of the environment and sustainable development of the society and economy of the Americas.

Clariant achieves EU Commission approval for renewable rice bran wax additives in food-contact plastics

This authorization, published in the (EU) 2026/245 amending Annex I to Regulation (EU) No 10/2011 on February 2, 2026 positions Clariant's Licocare RBW product line as a sustainable and compliant solution for applications intended to come into contact with food across the European plastics industry.