SABIC, a global leader in chemicals, announced a net loss of SAR 1.2 billion for the first quarter of 2025, marking a 36% improvement compared to the previous quarter's loss of SAR 1.9 billion. This indicates a positive trend in the company's financial health.

China's Sinopec has partnered with Aramco Asia Singapore, a subsidiary of Saudi Aramco, to form a $4 billion joint venture named Fujian Sinopec Aramco Refining and Petrochemical Co. This venture aims to enhance operations in the Gulei Port Economic Development Zone, focusing on port operations and crude oil transportation.

Ineos has suspended several energy efficiency initiatives at its Grangemouth site in Scotland, citing a £15 million carbon emissions bill. The company argues that such tax burdens are making UK industry less competitive compared to regions like the US and the Middle East.

The Houston City Council has approved an application for a $966 million loan to construct a new East Water Purification Plant. The existing facility, operational since the 1950s, is nearing the end of its operational life, and the new plant aims to ensure a sustainable water supply for the city.

As of January 1, 2025, the European Union has enacted Directive (EU) 2024/3019, mandating the removal of a significant proportion of micropollutants from wastewater. This directive requires member states to adapt their national legislation by July 31, 2027, to meet new environmental standards.

The global water and wastewater treatment market is expected to grow from USD 369.6 billion in 2025 to approximately USD 652.3 billion by 2034, driven by increasing demand for clean water and stringent environmental regulations.