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[SMM Nickel Sulphate Daily Review] March 23, Market Transactions Were Sluggish, Nickel Salt Prices Remained Stable

[SMM Nickel Sulphate Daily Review] March 23, Market Transactions Were Sluggish, Nickel Salt Prices Remained Stable

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Daily Report News

Wacker expands silicone emulsion capacity in India

Wacker expands silicone emulsion capacity in India

Wacker Chemie A.G. completed its second expansion phase in Panagarh, India, adding silicone emulsion production to its existing silicone rubber facility. This significantly expands silicone capacities in the Indian market.

1010

ICL Group opens specialty fertilizer manufacturing facility in India

ICL Group opens specialty fertilizer manufacturing facility in India

chemengonline.com

ICL Group opened a 7-acre specialty fertilizer plant in Maharashtra, India, to boost local WSF production. This $250M revenue-generating move supports "Make in India," reduces import reliance amid global disruptions, and enhances food security.

Two vessels carrying 92,000 MT LPG begins movement: Shipping Ministry

Two vessels carrying 92,000 MT LPG begins movement: Shipping Ministry

Shipping Ministry confirmed two vessels carrying 92,000 MT LPG began movement amid West Asia conflict. All 22 Indian ships and 611 sailors in Persian Gulf are safe, with no port congestion reported. Panic LPG bookings declined.

54

Mission 2047: MIONP 2026, Make India Organic, Natural and Profitable

Mission 2047: MIONP 2026, Make India Organic, Natural and Profitable

krishijagran.com

Mission 2047: MIONP 2026 aims for India's sustainable, profitable agriculture. It advocates a farmer-centric shift to organic/natural farming, supported by science, market integration, and policy, moving beyond chemical dependence for economic viability.

LG Chem Shuts Yeosu Plant, but Government Draws Line Against 'April Crisis' Talk

LG Chem Shuts Yeosu Plant, but Government Draws Line Against 'April Crisis' Talk

LG Chem's 800,000-ton naphtha plant halted due to Middle East war supply disruptions. Government dismisses 'April crisis,' planning export controls, strategic reserves, and emergency supply adjustments to stabilize naphtha and other key item supplies through early May.

India has ample reserves of fertilisers, ethanol blending helps save oil import: PM Modi

India has ample reserves of fertilisers, ethanol blending helps save oil import: PM Modi

thehansindia.com

PM Modi: India has ample fertiliser reserves, diversified imports, and aims for adequate Kharif sowing. Ethanol blending saves 4.5 crore oil barrels annually. 22 lakh solar pumps and 15,000 e-buses boost alternate fuels.

Korea could face 'energy crisis' by late April, experts warn

Korea could face 'energy crisis' by late April, experts warn

koreajoongangdaily.joins.com

Korea faces an energy crisis by late April due to Iran's war disrupting crude oil and LNG imports via the Strait of Hormuz. Refiners, 70% reliant on the Middle East, have 2 months' supply; naphtha prices surged to $1,100.

Petrochemical News - European Nylon 6 (PA6) prices rally on tight supply amid geopolitical tensions

Petrochemical News - European Nylon 6 (PA6) prices rally on tight supply amid geopolitical tensions

polymerupdate.com

European Nylon 6 (PA6) prices are rallying due to tight supply amidst geopolitical tensions, as reported on March 23, 2026. This indicates significant market movement.

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60 pc LPG imported in India; govt giving priority to domestic use, increasing production: PM Modi.

60 pc LPG imported in India; govt giving priority to domestic use, increasing production: PM Modi.

devdiscourse.com

India imports 60% of its LPG. PM Modi stated the government is prioritizing domestic use and actively working to increase local production to enhance energy security.

Now is an Opportune Time to Promote Alternate Fertilisers

Now is an Opportune Time to Promote Alternate Fertilisers

India faces an opportune time to promote alternate fertilizers due to import dependency, rising subsidies (Rs. 1.86 lakh crore in 2025-26), and soil health concerns. Policy reorientation is vital to boost production and address quality issues.

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