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Acetic Acid Prices Hold Firm as Supply Recovery Meets Weak Downstream Demand
nexizo.ai
Daily Market Report
2 September

Acetic Acid Prices Hold Firm as Supply Recovery Meets Weak Downstream Demand

Acetic acid prices remained firm but volatile as China moved from supply-driven strength toward a more balanced market. Plant restarts are improving availability, while cautious downstream buying is limiting further gains. In India, import dependence and changing replacement costs continue to influence prices, keeping the market range-bound with a firm bias.
Coal India Bets on Gasification and Critical Minerals for Future Growth

Coal India Bets on Gasification and Critical Minerals for Future Growth

Coal India plans to invest nearly ?1 lakh crore to boost rail infrastructure and coal gasification projects, supporting its target of producing 1 billion tonnes annually by FY30.
Bharat Petroleum targets completion of Bina petchems complex expansion project by May 2028

Bharat Petroleum targets completion of Bina petchems complex expansion project by May 2028

Bharat Petroleum aims to complete its Bina petrochemicals complex expansion project, increasing production to 2.2 million metric tonnes per year, by May 2028.
India’s Chambal Fertilisers begins production of technical ammonium nitrate

India’s Chambal Fertilisers begins production of technical ammonium nitrate

Chambal Fertilisers has commenced production of technical ammonium nitrate at its Gadepan plant, which features an annual capacity of 240,000 metric tonnes.
A glance of China Methanol market indicators - Aug W5, 2026

A glance of China Methanol market indicators - Aug W5, 2026

Between August 21 and 27, China's methanol chain prices increased broadly due to bullish sentiment and a gradual recovery in downstream sectors, boosting overall product values.
South Korea's LG Energy Solution signs 10-year US lithium supply deal

South Korea's LG Energy Solution signs 10-year US lithium supply deal

South Korea's LG Energy Solution signed a 10-year agreement with Smackover Lithium to source 8,000 metric tonnes of US-produced lithium carbonate annually to support North American ESS LFP battery manufacturing.
Himadri deepens overseas push with Dubai trading arm

Himadri deepens overseas push with Dubai trading arm

Himadri Speciality Chemical incorporated a wholly owned subsidiary, Ardent Impex FZCO, in Dubai with an authorised capital of AED 200,000 to trade industrial chemicals and petrochemicals, supporting its global expansion.
India's Vipul Organics acquires Aquaporin membrane platform

India's Vipul Organics acquires Aquaporin membrane platform

Vipul Organics' membrane unit, ADIMEM Technologies, acquired an advanced industrial membrane manufacturing platform from Denmark's Aquaporin to boost its Reverse Osmosis and Nanofiltration production in Sayakha, Gujarat.
CSIR Study Finds Healthy Marine Ecosystem Around Tata Chemicals’ Mithapur Plant

CSIR Study Finds Healthy Marine Ecosystem Around Tata Chemicals’ Mithapur Plant

A CSIR study found that the marine ecosystem around Tata Chemicals' Mithapur plant remains healthy and productive, supporting diverse marine life, mangroves, and 637 birds across 40 species.
Japan’s ammonia bet faces a steep cost hurdle

Japan’s ammonia bet faces a steep cost hurdle

Japan's plan to co-fire ammonia with coal faces severe cost hurdles and supply risks, putting its 2030 emission targets and decarbonisation strategy at significant risk.
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