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Chemicals News Today

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Hanwha TotalEnergies secures naphtha to advance PX recovery, boost Korea supply - CHOSUNBIZ

Hanwha TotalEnergies secures naphtha to advance PX recovery, boost Korea supply - CHOSUNBIZ

Hanwha TotalEnergies secured 110,000 tons of heavy naphtha, accelerating PX production recovery from mid-next month. This boosts NCC operating rates, increasing domestic supply of petrochemicals like PE and PP, minimizing May's output decline.
Nagpur LPG Supply Crisis Raises Urban Access Concerns

Nagpur LPG Supply Crisis Raises Urban Access Concerns

Nagpur faces an LPG supply crisis, leaving 14,000 households traveling 10-12 km for refills. This disruption exposes urban service vulnerabilities, causing hardship for residents and small businesses, highlighting critical city planning gaps.
Braskem SA stock (US10554K1025): Why its petrochemical positioning matters more now for global inves

Braskem SA stock (US10554K1025): Why its petrochemical positioning matters more now for global inves

Braskem SA (US10554K1025) leverages cost-advantaged petrochemicals and bio-based plastics, yielding 5-7% dividends. With R$70B+ revenue and R$10B EBITDA, it's positioned for global plastic demand growth despite market volatility and debt.
Paracetamol may get costlier as Vizag chemists warn 30–40% drug cost surge amid Iran war-led pharma cost s..

Paracetamol may get costlier as Vizag chemists warn 30–40% drug cost surge amid Iran war-led pharma cost s..

Iran conflict may surge drug costs 30-40%; Paracetamol raw materials up 96%, potentially doubling generic prices. Government offers customs duty exemptions and NPPA considers 10-20% price relaxation to stabilize. No shortages reported.
ISMA Pushes Back on Draft CAFE-3 Norms, Seeks Stronger Flex-Fuel Vehicle Incentives

ISMA Pushes Back on Draft CAFE-3 Norms, Seeks Stronger Flex-Fuel Vehicle Incentives

ISMA urges stronger Flex Fuel Vehicle incentives under Draft CAFE-3 norms. Citing India's 20% ethanol blending success and surplus, ISMA fears reduced provisions could hinder FFV adoption, impacting energy security, rural economy.
Multi State Co-op for Green Industry: Bhutani chairs high-level meet

Multi State Co-op for Green Industry: Bhutani chairs high-level meet

Dr. Bhutani chaired a high-level meet to establish a Multi-State Cooperative Society for sugar-based chemicals and compressed biogas (CBG) manufacturing. This aims to boost green industry, farmer income, and India's green energy targets, alongside reviewing IPL's progress.
HPCL Rajasthan Refinery Project Cost Revised to ₹79,459 Crore; Equity Commitment Raised to ₹19,600 Crore

HPCL Rajasthan Refinery Project Cost Revised to ₹79,459 Crore; Equity Commitment Raised to ₹19,600 Crore

HPCL Rajasthan Refinery project cost revised to ₹79,459 crore from ₹43,129 crore, with HPCL's equity commitment rising to ₹19,600 crore for its 74% stake. The integrated refinery-petrochemical complex is in advanced commissioning, boosting India's energy sector.
Weapons-grade chemical carfentanil surges as dangerous substitute for fentanyl

Weapons-grade chemical carfentanil surges as dangerous substitute for fentanyl

Weapons-grade carfentanil, 100 times stronger than fentanyl, is surging dangerously, killing hundreds. DEA seizures rose from 54 in 2022 to 1,400 in 2025, as traffickers use it due to fentanyl precursor crackdowns.
Oil and gas prices fall as Iran reopens Hormuz; how it will impact India? What will happen to LPG crisis now?

Oil and gas prices fall as Iran reopens Hormuz; how it will impact India? What will happen to LPG crisis now?

Iran reopened the Strait of Hormuz, dropping oil prices 10% and gas 8.5%. This eases India's energy crisis, relieving 40-50% of crude and 85% of gas imports, and boosting LPG imports from 40% to 90%.
$2 Million Per Ship: How Iran's Hormuz Toll Plan Reshapes Global Trade And India's Energy Security

$2 Million Per Ship: How Iran's Hormuz Toll Plan Reshapes Global Trade And India's Energy Security

Iran's $2M per ship toll in the Strait of Hormuz, handling 20% of global energy freight, reshapes trade. It impacts India's energy security, causing LPG shortages and potential price hikes, despite limited immediate global oil price effect.

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