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Chemicals News Today

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Naphtha margin extends losses, gasoline firm

Naphtha margin extends losses, gasoline firm

Asian naphtha refining margins decreased as underlying prices rose with crude oil, but tight supplies limited the decline.
India: SAIL-Bhilai sees higher bids in latest crude coal tar auction

India: SAIL-Bhilai sees higher bids in latest crude coal tar auction

SAIL-Bhilai Steel Plant auctioned 1,497 tonnes of crude coal tar at a weighted average bid of INR 38,604/t, higher than the previous INR 36,000-37,000/t range.
Petrochemicals Market Size, Share and Growth, 2033

Petrochemicals Market Size, Share and Growth, 2033

The petrochemicals market, valued at $666.76B in 2024, is projected to reach $977.30B by 2033, growing at a CAGR of 19.33%. Growth drivers include packaging and construction demands, while environmental regulations and feedstock price volatility pose challenges.
GOI Extends BIS Certification Deadline for EDC, VCM, and PC

GOI Extends BIS Certification Deadline for EDC, VCM, and PC

The Government of India (GOI) has extended the deadline for mandatory Bureau of Indian Standards (BIS) quality certification on Polycarbonate (PC), Ethylene Dichloride (EDC), and Vinyl Chloride Monomer (VCM) until 12th September 2026.
MEGlobal Sets October MEG Contract Price

MEGlobal Sets October MEG Contract Price

MEGlobal has nominated its Monoethylene Glycol (MEG) contract price for October 2025 at $560/MT, keeping it unchanged from the previous month’s level.
SP Chemicals Halts Jiangsu SM Plant for Maintenance

SP Chemicals Halts Jiangsu SM Plant for Maintenance

SP Chemicals has taken its Styrene Monomer (SM) plant in Jiangsu, China, offline for maintenance. The facility, with an annual production capacity of 320,000 tons, will remain shut until completion of the scheduled work.
China PVC glove exports pivot to diversification development

China PVC glove exports pivot to diversification development

China's PVC glove exports declined by 5.22 million cases in the first seven months of 2025, reflecting post-pandemic demand shifts and changing trade dynamics.
China's PP capacity hike shifts more attention to overseas market

China's PP capacity hike shifts more attention to overseas market

Due to rapid capacity expansion, Chinese PP producers are increasingly focusing on exports to avoid domestic price competition. Global PP capacity reached 119.39 million tonnes/year in 2024.
Indian Petrochemicals Giant Haldia Eyes Major Asian Expansion

Indian Petrochemicals Giant Haldia Eyes Major Asian Expansion

Haldia Petrochemicals plans to increase trading volumes by 30% to 2 million tons and double its traders in Singapore as it expands in Asia. The company aims to meet growing local demand and counter China's dominance.
Hindustan Zinc's fertiliser plant in Rajasthan likely to be operational by Dec 2026: CEO Arun Misra

Hindustan Zinc's fertiliser plant in Rajasthan likely to be operational by Dec 2026: CEO Arun Misra

Hindustan Zinc's ₹1,700 crore fertilizer plant in Rajasthan is set to begin operations by December 2026, producing DAP and NPK fertilizers, reducing India's import dependence.

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