Chemical Industry News Round-up: October, 2023
Welcome to the Chemical Industry News Round-up, a weekly newsletter by Axiom Chemicals India Pvt. Ltd that brings you the latest and most relevant news from the chemical industry. In this edition, we will cover some of the major developments that happened in the past week, such as Solvay ’s decision to reduce its soda ash production capacity, BASF ’s celebration of its ecoflex biopolymer’s 25th birthday, and Repsol ’s launch of its renewable hydrogen project. Let’s get right into it! Solvay to reduce the production capacity of its Torrelavega plant by 300 kilotons per annum Solvay , a global leader in specialty chemicals, announced that it will reduce the production capacity of its Torrelavega plant in Spain by 300 kilotons per annum, as part of its strategy to optimize its soda ash and bicarbonate portfolio. The decision will affect about 200 employees and is expected to be completed by the end of 2024. Soda ash, also known as sodium carbonate, is a k...
