Global Chemicals and Materials Industry News Summary from May 19 to May 25, 2025

🏭 Industry News & Market Trends

🇬🇧 Johnson Matthey Sells Catalyst Business to Honeywell

On May 22, 2025, UK-based Johnson Matthey announced the sale of its Catalyst Technologies unit to Honeywell for £1.8 billion in cash. This unit accounts for about one-fifth of JM’s business and focuses on clean fuel and sustainable aviation fuel catalyst technologies. The move marks JM’s continued retreat from future-facing technologies to focus on its traditional catalytic converter business.

🇺🇸 Modest Recovery Expected for US Chemical Industry in 2025

S&P Global projects a modest recovery in the US chemical sector for 2025, with chemical exports expected to grow by 4.8% to $175.4 billion. Despite global trade uncertainties, demand from electronics, automotive, and construction sectors is expected to support this rebound.

🇮🇳 Indian Chemical Demand Forecasted to Rebound in FY 2025–26

India's chemical sector is expected to experience demand recovery in FY 2025–26, driven by domestic consumption, government incentives, and export activity. However, global challenges like Chinese oversupply and US trade policy pose ongoing risks.

⚙️ Technology & Sustainability

🌐 "Together for Sustainability" Membership Grows to 57

As of May 2025, the "Together for Sustainability" (TfS) initiative, a sustainable supply chain effort within the chemical industry, has expanded to 57 member companies. New additions include Celanese, Eternis Fine Chemicals, and Hempel Group, reflecting increasing commitment to sustainability in global supply chains.

⚖️ Regulatory & Compliance Updates

🇺🇸 US EPA Extends Public Comment Period for MSGP

The US Environmental Protection Agency (EPA) has extended the public comment deadline for the 2026 Multi-Sector General Permit (MSGP) to May 19, 2025. The MSGP governs stormwater discharges from industrial facilities. Companies should monitor developments to ensure future compliance.

⚠️ Safety & Incidents

🇺🇸 Ammonia Leak at Ineos Styrolution Plant in Pasadena, Texas

On May 22, 2025, an ammonia leak occurred at the Ineos Styrolution facility in Pasadena, Texas, prompting shelter-in-place orders for nearby workers. The leak was quickly contained, and no injuries or community impact were reported.

🇺🇸 Chlorine Leak at Olin Chemical Plant in Freeport, Texas

On May 20, 2025, a chlorine leak was reported at Olin Corporation’s chemical plant in Freeport, Texas. Local residents were advised to shelter in place for approximately 45 minutes. No injuries were reported.