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DCW profitability falls on higher VCM costs, weak PVC prices

DCW profitability falls on higher VCM costs, weak PVC prices

DCW Ltd.'s Q1 revenue rose 14% to 5.4 billion rupees and net profit more than doubled, despite a 33% EBITDA drop caused by high VCM costs and weak PVC prices.
China's PVC exports hit year-to-date low in Jul after March's peak

China's PVC exports hit year-to-date low in Jul after March's peak

China's PVC exports dropped to a year-to-date low of 216,200 tonnes in July, down from a peak of 684,000 tonnes in March, driven by weak overseas demand and volatile energy costs.
China's July sulfuric acid exports plunge 99% YoY on export controls

China's July sulfuric acid exports plunge 99% YoY on export controls

China's July sulfuric acid exports plunged 99.77% year-on-year to just 1,000 tonnes due to strict domestic export control policies, reshaping trade flows and increasing local supply pressures.
Propylene prices hold steady in Asia

Propylene prices hold steady in Asia

Propylene prices remained steady across Asia on Monday, holding at USD 1055-1065/mt FOB Korea and USD 1095-1105/mt CFR China amid soft demand and limited buying activity.
South Korea proposes antidumping duties on mainland Chinese, Taiwanese solid caustic soda

South Korea proposes antidumping duties on mainland Chinese, Taiwanese solid caustic soda

South Korea has proposed antidumping duties on solid caustic soda from mainland China and Taiwan. Mainland China currently supplies 60.7% of South Korea's total imports during the first half of the year.
Chemical tanker rates down but still high on tight supply: Odfjell

Chemical tanker rates down but still high on tight supply: Odfjell

Despite falling from early 2026 highs, chemical tanker spot rates remain elevated due to Middle East disruptions, limited vessel availability, and extended sailing distances, with volumes shifting toward vegetable oils.
Union Minister for Chemicals and Fertilizers chairs CEO Roundtable to discuss priorities to transform India into a Global Chemical Manufacturing and Innovation hub

Union Minister for Chemicals and Fertilizers chairs CEO Roundtable to discuss priorities to transform India into a Global Chemical Manufacturing and Innovation hub

Union Ministers chaired a CEO Roundtable to build a USD 1 trillion Indian chemicals sector by 2040, aiming to transform India into a global manufacturing and innovation hub with industry leaders.
Suvendu Adhikari to inaugurate two industry units in New Town before Durga Puja

Suvendu Adhikari to inaugurate two industry units in New Town before Durga Puja

Chief minister Suvendu Adhikari announced the upcoming inauguration of a new Haldia Petrochemicals plant and an L&T unit, alongside plans for a 2,000-bed Adani Group hospital in New Town.
Govt focused on boosting investment in chemicals sector, increasing domestic manufacturing: Nadda

Govt focused on boosting investment in chemicals sector, increasing domestic manufacturing: Nadda

Union Minister J P Nadda announced India's ambition to grow its chemicals sector to USD 1 trillion by 2040, focusing on domestic manufacturing, investments, and institutionalized dialogue with global industry leaders.
Gujarat liquor case: 27 arrested, cops trace chemical supply chain

Gujarat liquor case: 27 arrested, cops trace chemical supply chain

Gujarat Police arrested 27 people in a spurious liquor case after 13 deaths from methanol poisoning. Authorities are actively tracing the chemical supply chain across multiple states.
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