Chemicals News Today

An Ahmedabad firm expanded its additive portfolio for India's uPVC and OPVC pipe manufacturing. This meets demand from rapidly expanding water infrastructure, simplifying production, improving quality, and supporting lead-free systems for crucial water supply and irrigation projects.

Tamil Nadu CM MK Stalin urged revising 2026 gas supply rules, fearing electricity generation impact. He proposed using past consumption data. Meanwhile, domestic LPG production rose 25%, with Delhi prices now Rs 913, while PMUY beneficiaries pay Rs 613.

Mumbai-based agrochemical company UPL expects stronger growth in the coming years as it focuses on crop protection, seeds and specialty chemicals. Group CFO Bikash Prasad said new product launches and innovation will help drive revenue growth after a period of industry slowdown. The company is also targeting better margins through improved contribution margins and operational efficiency. UPL believes long-term demand for crop protection will remain strong due to population growth, climate change and the need to improve farm productivity.

Methanol prices strengthened globally as supply concerns intensified following disruptions around the Strait of Hormuz. China futures surged sharply, lifting Asian spot prices above $300/tonne. India prices ranged between ₹35–41/kg amid rising import parity and varying cargo arrivals, with supply risks dominating current market sentiment.

Vetnova, WBCIL's veterinary brand, is strengthening India's animal health and livestock productivity. Launched in April 2018, it offers science-backed solutions, including feed additives and API, to enhance farm profitability and support the growing dairy sector.

Manali Petrochemicals suspended Plant-1 operations after CPCL halted propylene supply due to force majeure and a government energy directive. This impacts the company's production.

India, the world's second-largest LPG importer (62-65% imported), faces supply disruptions from West Asia due to conflict. Emergency measures include maximizing domestic production (35-40%), securing US imports (10%), and exploring new sources to ensure nationwide distribution.

Geopolitical conflicts lifted methanol prices, yet MTO industry profits soared as olefin product gains outpaced feedstock costs. Producers enjoyed impressive profits, with ethylene and propylene price increases exceeding methanol's rise.

Asian naphtha, butadiene prices soar to $1,800/mt on tightening supply due to Hormuz disruption and Middle East conflict. Regional run rates cut, impacting petrochemical markets and leading to force majeure.

Asian petchem producers declare force majeure due to Strait of Hormuz disruption, impacting raw material supplies. Naphtha and butadiene prices soar, widening the Middle East war's impact on global petrochemical markets.