Chemicals News Today

CHEMEXCIL hosted its 49th Export Awards Ceremony in Mumbai, honoring 70 member-exporters and presenting three special pinnacle honors for exceptional performance during the 2021-22 and 2022-23 financial years.

DCM Shriram commissioned a 100 TPD aluminium chloride plant and a 133 TPD calcium chloride plant at its Bharuch facility in Gujarat, investing INR 3 billion to expand downstream chemical operations.

The government supplied a record 538,436 metric tons of chemical fertilizer last fiscal year with heavy subsidies, ensuring sufficient stocks for farmers despite global supply chain pressures.

Lawmakers questioned the Agriculture Ministry over severe chemical fertiliser shortages, distribution irregularities, tendering delays, and a controversial viral audio recording, demanding transparency and long-term agricultural reforms.

India's expanding aluminium and alumina capacity is driving surging demand for caustic soda. New plant investments range from INR 200 to 2,000 crore, though high electricity costs and chlorine management remain critical factors.

The Assam Cabinet has approved JK Lakshmi Cement's Rs. 110 bn investment for a clinker plant and four grinding units, expected to generate around 2,000 direct jobs.

South Korea's September petrochemical exports rose 5.1% to $3.9 billion on higher prices, despite a 19.1% volume drop. Total national exports surged 83.5% to $120.9 billion, driven by semiconductor shipments.

IOCL's Gujarat Refinery will launch a 500 kilotonnes polypropylene plant by fiscal year-end to meet rising domestic demand and reduce import dependence, while also expanding overall refining capacity.

The Government of India has awarded a Rs. 75 crore grant to Balrampur Chini Mills Limited to develop a 100 TPA bio-plastic PLA and co-polymer R&D facility in Uttar Pradesh.

Chemical giant Ineos urges the European Commission to accelerate trade defense reforms against surging, high-carbon Chinese imports, citing existential threats and mounting plant closures across Europe's chemical sector.