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Hormuz attack disrupts polymer trade route; polymer containers linked to Delhi-based importer on seized vessel

Hormuz attack disrupts polymer trade route; polymer containers linked to Delhi-based importer on seized vessel

Hormuz attacks disrupt polymer trade route; three cargo vessels affected. MSC Epaminondas, carrying petrochemicals for a Delhi-based importer, was seized, raising serious concerns for India's polymer market.
Under New Agriculture Ministry Roadmap, Scientists Fan Out Across India To Teach Farmers Judicious Fertiliser Use, Improve Soil Health

Under New Agriculture Ministry Roadmap, Scientists Fan Out Across India To Teach Farmers Judicious Fertiliser Use, Improve Soil Health

India's Agriculture Ministry launched a roadmap deploying 1000+ scientists to teach farmers judicious fertilizer use, aiming for a 5% reduction this season and 25% by 2030. This initiative, involving 25.90 crore Soil Health Cards, improves soil health and reduces costs.
Explosion triggers massive blaze at chemical factory in Gujarat's Bharuch; several workers injured

Explosion triggers massive blaze at chemical factory in Gujarat's Bharuch; several workers injured

An explosion at Metropolitan Eximchem's chemical factory in Bharuch, Gujarat, triggered a massive blaze, injuring several workers. Fire tenders launched a rescue operation.
India Petrochemicals Market to Reach USD 85.83 Billion by 2034

India Petrochemicals Market to Reach USD 85.83 Billion by 2034

India's petrochemicals market, valued at USD 50.23 billion in 2024, is projected to reach USD 85.83 billion by 2034 with a 5.5% CAGR. Driven by packaging, automotive, textiles, and construction, it's a critical pillar for manufacturing growth.
Thailand ramps up plastic recycling amid petrochemical disruptions

Thailand ramps up plastic recycling amid petrochemical disruptions

Thailand boosts plastic recycling and bio-based materials due to petrochemical disruptions and economic concerns. Experts warn limited impact without mandatory circular economy laws, eco-design, and stronger consumer behavior, emphasizing the need for an EPR framework.
Bigbloc Construction enters construction chemicals segment

Bigbloc Construction enters construction chemicals segment

Bigbloc Construction entered construction chemicals with trial production, expanding beyond 1.3M cubic metres AAC capacity. It acquired 57,500 sq m land for a new AAC plant, positioning as an integrated, sustainable building materials provider.
Korean Banks to Expand Naphtha LC Limits for Petrochemical Firms

Korean Banks to Expand Naphtha LC Limits for Petrochemical Firms

Korean banks will halve naphtha import LC limit expansion time for petrochemical firms to three weeks from six. This is part of a joint financial support framework, with Korea Trade Insurance Corporation providing import insurance.
NCB Hyderabad raids illegal lab, seizes 69 kg of Alprazolam worth Rs 17.4 crore

NCB Hyderabad raids illegal lab, seizes 69 kg of Alprazolam worth Rs 17.4 crore

NCB Hyderabad busted an illegal drug lab, seizing 69.6 kg Alprazolam and raw materials worth Rs 17.4 crore. Three arrested for manufacturing and intending to supply the drug to Telangana toddy shops. This adds to 2026's 78 kg Alprazolam seizures.
Petrochemical News - ExxonMobil announces PE resin price increase effective May 1, 2026

Petrochemical News - ExxonMobil announces PE resin price increase effective May 1, 2026

ExxonMobil announced a price increase for PE resin, effective May 1, 2026. This update, issued on April 23, 2026, signals an upcoming adjustment in petrochemical product costs.
Feedstock Offers Update

Feedstock Offers Update

Feedstock prices show mixed trends on April 23, 2026. Naphtha C&F Japan rose to $1045. Propylene saw USA up, Europe down. Ethylene USA was down. PTA increased to $965, while MEG remained stable.

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