Chemicals News Today

The EU proposes a one-year suspension of ammonia and fertilizer tariffs, excluding Russia/Belarus, to ease supply. Meanwhile, the US increased tariffs on certain imports to 15%, creating global trade uncertainty and impacting the chemical sector.

Petronas Chemicals Group Berhad swung to a loss in Q4 as currency headwinds and higher maintenance costs offset operations, with sales declining 11.5% year-on-year. The company expects 2026 to remain challenging amid market uncertainty. In Indonesia, Chandra Asri Pacific Tbk reported that its chlor-alkali and EDC project at Cilegon is 50% complete, with startup targeted for Q1 2027. The complex will add 400,000 mt/year of caustic soda and 500,000 mt/year of EDC capacity. Meanwhile, Hodogaya Chemical Co Ltd posted a sharp decline in operating profit during the first nine months of the fiscal year, impacted by weak demand for printer and OLED materials. Sasol Ltd also lowered its earnings guidance, citing softer market demand and weaker pricing. The company expects Northeast Asia PE and PP prices to range between $750/mt and $880/mt for the remainder of the financial year.

Petronas Chemicals Group Berhad swung to a loss in Q4 as currency headwinds and higher maintenance costs offset operations, with sales declining 11.5% year-on-year. The company expects 2026 to remain challenging amid market uncertainty. In Indonesia, Chandra Asri Pacific Tbk reported that its chlor-alkali and EDC project at Cilegon is 50% complete, with startup targeted for Q1 2027. The complex will add 400,000 mt/year of caustic soda and 500,000 mt/year of EDC capacity. Meanwhile, Hodogaya Chemical Co Ltd posted a sharp decline in operating profit during the first nine months of the fiscal year, impacted by weak demand for printer and OLED materials. Sasol Ltd also lowered its earnings guidance, citing softer market demand and weaker pricing. The company expects Northeast Asia PE and PP prices to range between $750/mt and $880/mt for the remainder of the financial year.

Gujarat Narmada Valley Fertilizers & Chemicals Ltd reported a decline in profit for the fiscal third quarter ended December 31, even as sales volumes improved. The dip in profitability was primarily attributed to lower product prices, which weighed on margins despite stronger revenue performance. The company’s results reflect ongoing pricing pressure in the fertilizer and chemical segments, highlighting margin sensitivity to market price fluctuations.

Sudarshan Chemical Industries Ltd has established a new Global Capability Center (GCC) in Pune as part of its strategic expansion plans. The newly launched hub is designed to strengthen the company’s global operations by enhancing capabilities in research, digital transformation, supply chain management, and business support functions. The Pune-based center will act as a centralized platform to support international markets, improve operational efficiency, and accelerate innovation. This initiative aligns with the company’s long-term vision of expanding its global footprint and reinforcing its position in the specialty chemicals sector.

Methanol prices in Europe remained stable as of February 24, 2026. Further details regarding market specifics require login to the full news article.

US Section 122 tariffs are causing volatility in chemical markets, impacting polymer and aromatics prices, and creating margin pressure for bulk chemicals. This shift follows a Supreme Court ruling, aiming to narrow the US trade gap and boost domestic production.

BMC is set to resume operations at its methanol plant on February 24, 2026. The news was reported on the same date.

Amarak Chemicals launched a 60,000-tonne state-of-the-art sulphur manufacturing facility in Dubai's Jafza. This Industry 4.0-ready plant, under India-UAE CEPA, boosts global production and duty-free exports to India, serving 13 countries.

The global Distilled Monoglycerides market, analyzed in 2026, forecasts steady volume-driven growth to 2035. Key applications include bakery, dairy, and personal care, with data from 2012-2025 and projections to 2035, measured in tonnes and USD.