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Methanol Leads the Upside as Port Inventories Cushion Solvent Prices
nexizo.ai
Daily Market Report
28 October

Methanol Leads the Upside as Port Inventories Cushion Solvent Prices

India’s chemical market shows a mixed-to-firm outlook, led by strong methanol momentum, improving styrene sentiment and firm toluene benchmarks. Brent crude at $115.20–$115.68/bbl, up 1.4–1.5%, alongside Middle East security risks and higher Strait of Hormuz shipping and insurance costs, supports upstream pricing. However, heavy port arrivals and healthy local inventories are limiting immediate supply pressure across several imported chemicals.
Adperma to start production of phenol, acetone at ₹6,000 crore Haldia facility in December

Adperma to start production of phenol, acetone at ₹6,000 crore Haldia facility in December

Adperma will begin commercial production of phenol and acetone at its ₹6,000 crore Haldia facility by December 2026, featuring annual capacities of 345,000 and 215,000 tonnes respectively.
LANXESS launches biodegradable cosmelin esters, opening new opportunities for India’s specialty chemicals ..

LANXESS launches biodegradable cosmelin esters, opening new opportunities for India’s specialty chemicals ..

LANXESS has launched its biodegradable Cosmelin ester range for India’s personal care market, offering sustainable silicone alternatives that deliver premium texture, performance, and formulation flexibility across skincare and cosmetics.
In the first three quarters, PetroChina's ethylene production increased by 26.4% year-on-year, and its total production capacity exceeded 12 million tons per year.

In the first three quarters, PetroChina's ethylene production increased by 26.4% year-on-year, and its total production capacity exceeded 12 million tons per year.

In the first three quarters of 2026, PetroChina's ethylene production grew 26.4% year-on-year, with total capacity exceeding 12 million tons annually, supported by six major refining and chemical enterprises.
BCGCL Begins Construction on Rs. 250 bn Coal Gasification Project

BCGCL Begins Construction on Rs. 250 bn Coal Gasification Project

Bharat Coal Gasification and Chemicals has begun construction on its Rs. 250 bn coal gasification project in Odisha, aiming to produce 0.66 mn t of ammonium nitrate annually.
India’s Rossari Biotech eyes supplying Turkmen oil, gas sector (Exclusive)

India’s Rossari Biotech eyes supplying Turkmen oil, gas sector (Exclusive)

India's Rossari Biotech is exploring the Turkmenistan market to supply specialized chemical products to state oil and gas corporations, aiming to study technical requirements and provide product samples for testing.
Why Middle East Petrochemical Projects Face Delay, Not Cancellation

Why Middle East Petrochemical Projects Face Delay, Not Cancellation

Middle East petrochemical projects face delays due to supply-chain disruptions rather than cancellations, while China's surging production capacity ensures that current price spikes remain temporary.
Nitrogen Emissions Could Be India’s Missing Air Pollution Link

Nitrogen Emissions Could Be India’s Missing Air Pollution Link

India's air pollution debate overlooks agricultural nitrogen fertilizer emissions. Ammonia from farms combines with vehicle and coal emissions to form PM2.5, creating a complex environmental challenge requiring better measurement and policy coordination.
Petrochemical News - Flexible film makers set to wrap up 16-18% revenue growth this fiscal

Petrochemical News - Flexible film makers set to wrap up 16-18% revenue growth this fiscal

India's flexible packaging film makers expect 16-18% revenue growth this fiscal, driven by improved realisations, recovering export demand, and strong capacity utilisation exceeding 80%.
Petrochemical News - GACL conducts ground-breaking ceremony for 33,870 TPA phosphoric acid plant at Dahej

Petrochemical News - GACL conducts ground-breaking ceremony for 33,870 TPA phosphoric acid plant at Dahej

Gujarat Alkalies and Chemicals Ltd has initiated a ground-breaking ceremony for a new 33,870 TPA phosphoric acid plant in Dahej, expanding its industrial chemical manufacturing capabilities.
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