AGP Executive Report
Last update: 3 hours agoPetrochemical Risks: Reports that U.S. strikes damaged 111 Iranian petrochemical and medical sites highlight the vulnerability of industrial assets to regional conflict. Green Investment: South Korea plans a $747 billion transition through 2035, targeting petrochemicals, refining, steel and other heavy industries for decarbonization. Pharma Ingredients: Nouryon won Chinese clearance to supply its plant-based, water-soluble CMC ingredient for medicines, opening access to a major drug-manufacturing market. Trade and Industry: India joined the U.S. and 13 other economies in calling for action on excess capacity and market-distorting policies, as the EU presses China on trade imbalances and weighs support for its chemicals sector. Plant Closures: INEOS’s plan to mothball chemical plants in Hull puts thousands of UK jobs at risk. Renewable Chemicals: Verbio launched large-scale renewable chemicals production in a €100 million expansion. African Growth: Dangote plans an East African petroleum and petrochemicals zone in Lamu, while its refinery share offering opens to investors in Kenya and Uganda.
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