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Chemicals News Today

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Asia top stories – weekly summary

Asia top stories – weekly summary

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Deepak Fertilisers and Petrochemicals’ profit halved amid feedstock cost pressures

Deepak Fertilisers and Petrochemicals’ profit halved amid feedstock cost pressures

Deepak Fertilisers' Q4 profit halved due to feedstock cost pressures, despite a 13% YOY revenue rise driven by TAN volume growth. The company faced significant cost challenges.

118

Profit slides at Aarti Drugs on new facility startup losses, antibiotics slump

Profit slides at Aarti Drugs on new facility startup losses, antibiotics slump

Aarti Drugs reported a profit slide due to new facility startup losses and an antibiotics slump. Its API division revenue remained flat in the fiscal year ending March 31.

Shree Pushkar Chemicals and Fertilisers’ revenue declines amid supply chain headwinds

Shree Pushkar Chemicals and Fertilisers’ revenue declines amid supply chain headwinds

Shree Pushkar Chemicals & Fertilisers reported declining revenue amid supply chain headwinds. The company's total sales volume dropped 8% year-over-year in fiscal Q4, which ended on March 31.

1019

Chemplast Sanmar revenue rises as loss narrows

Chemplast Sanmar revenue rises as loss narrows

Chemplast Sanmar's Q4 revenue rose, and losses narrowed, driven by surging PVC prices. This surge was influenced by China's export rebate withdrawal, impacting the fiscal quarter ending March 31.

Styrene monomer (SM) prices march higher in Asia

Styrene monomer (SM) prices march higher in Asia

polymerupdate.com

Styrene monomer (SM) prices rose in Asia. FOB Korea SM hit USD 1200-1210/mt (+20/mt), CFR China SM USD 1180-1190/mt (+15/mt) due to higher energy rates, benzene feedstock, and improved buying sentiment.

67

India’s Caustic Soda Capacity Growth: Reshaping Asia-Pacific Supply Chains

India’s Caustic Soda Capacity Growth: Reshaping Asia-Pacific Supply Chains

discoveryalert.com.au

India's caustic soda capacity grew 15% to 64.04 lakh MTPA by FY2025, with production up 12.3%. Capacity expands at 9% CAGR, outpacing 4-5.5% demand growth, making India a net exporter (244 KT in FY2025) and reshaping Asia-Pacific supply chains.

Green, performance driven solutions to drive future of construction: NCB chief at World of Concrete India 2026

Green, performance driven solutions to drive future of construction: NCB chief at World of Concrete India 2026

India's construction sector is projected to reach $1.4 trillion by 2030, driven by green, performance-driven solutions and technology. Cement production will hit 2,800 million tonnes by 2070, with GVA doubling to ₹58.8 trillion by 2035.

PM to unveil projects worth ₹18,777 crore during Gujarat visit on June 5

PM to unveil projects worth ₹18,777 crore during Gujarat visit on June 5

infra.economictimes.indiatimes.com

PM Modi will unveil development projects worth ₹18,777 crore in Gujarat on June 5. These include GIDC and NHAI infrastructure, such as expressway sections, pipelines, roads, and a bulk drug park, aiming to boost regional growth.

1210

Reverse lagging drives Korea petrochemicals toward second-half losses - CHOSUNBIZ

Reverse lagging drives Korea petrochemicals toward second-half losses - CHOSUNBIZ

Korean petrochemicals face second-half losses from "reverse lagging" due to high-priced imports and China-led oversupply. Ethylene-naphtha spread is $199 (break-even $200). Q1 profits reversed; Lotte Chemical projects Q3 loss of 47.4B won.

1020

Lokesh Invites Ruschem Group to Set Up Chemical Processing Hub on India’s East Coast

Lokesh Invites Ruschem Group to Set Up Chemical Processing Hub on India’s East Coast

telugubulletin.com

Andhra Pradesh Minister Lokesh invited Ruschem Group to establish a chemical processing hub, R&D center, and logistics infrastructure in India, particularly in the Visakhapatnam-Kakinada PCPIR. Ruschem is expanding its Indian presence and will review the proposals for future collaboration.

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