Chemicals News Today

Driven by regulatory bans, the global formaldehyde-free durable press resins market is projected to grow at a CAGR of 6.2% through 2035, with Asia-Pacific accounting for over 55% of world demand.

Asian Styrene Monomer prices plunged by USD 60/mt, with FOB Korea at USD 1330-1340/mt and CFR China at USD 1290-130/mt, driven by weaker benzene feedstock and sluggish buying activity.

Vipul Organics' Adimem unit has successfully acquired a membrane manufacturing platform from Aquaporin, expanding its production capabilities and operations at the Sayakha facility.

Acutaas Chemicals has launched a new pilot plant in Surat featuring OEB-4 containment capabilities to manufacture high-potency active pharmaceutical ingredients.

China's polypropylene spot prices surged past Yuan 10,000/t in September, hitting a five-year high driven by soaring costs, geopolitical conflicts, and plant maintenance, despite weak end-user demand.

Asian Paints commissioned its new 150,000 metric tons/year VAE plant in Dahej, Gujarat, as part of a 32.5 billion Indian rupee project to boost captive paint manufacturing operations.

The global phosphate-based corrosion inhibitors market is projected to grow at a 3.2% CAGR from 2026 to 2035, driven by rising industrial water treatment and processing demand.

Setting up an ethylbenzene production plant requires analyzing CapEx, OpEx, and market growth. The global market is projected to reach 46.83 million tons by 2034, driven by rising plastics demand.

Egypt's ECHEM produced 4.6 million tons of petrochemicals and recorded $2.6 billion in revenues for FY 2025/26, with exports reaching $1.8 billion across 50 countries.

South Korea's Lotte Chemical halted a ₩77 billion recycling investment, cancelling ₩60.4 billion in remaining expenditures and idling its facility to preserve cash amid an industry downturn and Chinese oversupply.