Raw Materials and Chemicals

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According to a McKinsey study, investment in supply chain digitization is slowing down after rapid growth in 2020-2023. On the other hand, the McKinsey Global Supply Chain Leader Survey finds that nine out of 10 respondents continue to experience supply chain challenges. 

OQ Chemicals announced a price increase for certain Oxo intermediates products by OQ Chemicals in Europe effective February 1, 2025, or as contracts allow.

Pilot Chemical Co. announced plans to significantly expand its North American production of high-quality anionic surfactants at its Middletown, Ohio, manufacturing site. 

Nouryon, a global specialty chemicals provider, recently recognized seven of its top global supply chain partners through its annual Supplier of the Year Awards event held in Cascais, Portugal. 

Specialty chemicals provider Evonik announced plans to close its fumed silica production facility in Waterford, New York, and the precipitated silica production in Havre de Grace, Maryland. 

Data-driven supply chain management helps companies in the chemical industry mitigate risks and optimize inventory control.

Cloverdale Paint is partnering with Celanese Corp. to leverage its carbon capture and utilization (CCU) technology to provide Cloverdale with new-to-market, sustainable paint solutions.

Bodo Möller Chemie Middle East FZE recently announced a reorganization of its management structure, with the aim of enhancing market presence and driving growth in the Middle East and Africa.

Eastman Chemical Co. has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index.

OQ Chemicals announced that due to supply and demand, the company will increase prices for certain Oxo Intermediate products.