The chemical industry is seeing market maturity in Europe, with companies like BASF and ExxonMobil leveraging chemical expertise and distribution while focusing on eco-friendly formulations.
2 reports, 1 independent
Updated Aug 20
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What happened
The chemical industry is seeing market maturity in Europe, with companies like BASF and ExxonMobil leveraging chemical expertise and distribution while focusing on eco-friendly formulations.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- ExxonMobil, BASF, and the global chemical industry are facing severe market challenges, including capacity cuts and downturn due to overcapacity.Sub-event
- Sinopec and BASF achieved mutual recognition on carbon footprint accounting to deepen green cooperation in Europe.Sub-event
- PPG Industries and Dow Inc. are reducing structural costs in Europe, highlighting their presence in the chemical sector.Sub-event
Chemical companies are navigating market maturity in Europe and India, focusing on eco-friendly production.1 source
Keep exploring
The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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BASF
German chemical company with worldwide reach
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ExxonMobil
American multinational oil and gas corporation
Related events
- Bosch Home Comfort Group is establishing a global manufacturing base in India to serve the European market.
- India is seeking to diversify chemical exports to Europe, Africa, and Latin America, according to government bodies.
- Indian produce has begun reaching European markets.
- ExxonMobil analyzed India's energy growth needs, coinciding with India seeking US investment and collaboration.
- Indian manufacturing exports are successfully targeting markets in Europe and Africa.
Coverage
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