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Chemicals News Today

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China PE Prices Surged Then Faced Resistance Last Week, Retreating from Highs

China PE Prices Surged Then Faced Resistance Last Week, Retreating from Highs

Latest Market News Of Chemicals

Daily Report News

India: Crude coal tar auction volumes rise 16% m-o-m in Jun'26

India: Crude coal tar auction volumes rise 16% m-o-m in Jun'26

India's crude coal tar auction volumes rose 16% m-o-m to 39,092 t in June 2026. Prices surged INR 5,800/t to INR 59,000/t due to strong demand and improved margins. Imports also surged to 13,232 t. The market remains firm.

India's chemical industry accelerates towards a trillion-dollar future

India's chemical industry accelerates towards a trillion-dollar future

indianchemicalnews.com

India's chemical industry, currently valued at US$220-250 billion, is projected to reach US$1 trillion by 2040. Driven by robust domestic demand, policy support, and significant new investments, the sector is poised for substantial growth.

Refining Margins Surge to $30; Formosa Petrochemical's Q3 Earnings Could Double

Refining Margins Surge to $30; Formosa Petrochemical's Q3 Earnings Could Double

finance.biggo.com

Formosa Petrochemical's Q3 earnings could double as refining margins surge to $30/barrel, driven by geopolitical tensions. Utilization is expected to hit 87%, with first-half EPS at NT$4.32. Foreign investors are bullish, with target prices up to NT$100.

OMCs Find No Adulteration Amid E20 Rumours

OMCs Find No Adulteration Amid E20 Rumours

Construction World

OMCs found no fuel adulteration after extensive quality checks amid E20 (ethanol 20 per cent blend) rumours. Laboratory analyses confirmed samples met specifications, reassuring motorists.

1216

Time Technoplast Secures Rs 38.14 Crore HPCL Order

Time Technoplast Secures Rs 38.14 Crore HPCL Order

Construction World

Time Technoplast secured a Rs 38.14 crore HPCL order for 0.14 million LPG composite cylinders, to be executed in six months. This follows a 20.4% rise in Q4 FY26 net profit, reinforcing market leadership and supporting modern LPG distribution.

India's ethanol mission sees state-run fuel firms spend Rs 1.72 lakh crore

India's ethanol mission sees state-run fuel firms spend Rs 1.72 lakh crore

The Economic Times

OMCs spent Rs 1.72 lakh crore on ethanol procurement for India's EBP Programme. Over 500 units supply ethanol from diverse feedstocks. Uttar Pradesh led sales, highlighting the program's expansion and domestic support.

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India Has No Immediate Plans to Increase Ethanol Blend Beyond 20%... Nicholas Sparks21-July-2026

India Has No Immediate Plans to Increase Ethanol Blend Beyond 20%... Nicholas Sparks21-July-2026

India has no immediate plans to increase ethanol blend beyond E20, rolled out nationwide. Diversifying feedstocks like maize (37%), it reports no major E20 issues, ensuring market stability and predictable prices.

Cross-company synergy boosts IndianOil Northeast crude flow by 15%: Arvind Kumar, Director (Refineries), IndianOil

Cross-company synergy boosts IndianOil Northeast crude flow by 15%: Arvind Kumar, Director (Refineries), IndianOil

indianchemicalnews.com

Cross-company synergy and indigenous Drag Reducing Additives boosted IndianOil Northeast crude flow by 15%, increasing pipeline capacity from 3.0 to 3.45 MMTPA. This innovation led to Rs. 1.6 crore monthly savings and stabilized refinery operations.

1214

Bhansali Engineering Polymers reports strong Q1 FY27 results as profit rise; advances Rs. 200-crore expansion

Bhansali Engineering Polymers reports strong Q1 FY27 results as profit rise; advances Rs. 200-crore expansion

indianchemicalnews.com

BEPL reported strong Q1 FY27 results: income Rs. 341.6 crore, PAT Rs. 51.6 crore. Advancing Rs. 200-crore capacity expansion (75,000 to 100,000 MTPA), fully internally funded, while declaring an interim dividend.

105

India Faces Up To One Point Five Million Tonnes Gas Curtailment

India Faces Up To One Point Five Million Tonnes Gas Curtailment

Construction World

India faces potential natural gas supply curtailments of up to 1.5 million tonnes per month, impacting power, fertiliser, and industrial sectors. This will intensify competition and affect domestic gas pricing.

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