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HOCL Revises Acetone Net Realisation to ₹68.75/kg Ex-Works

HOCL Revises Acetone Net Realisation to ₹68.75/kg Ex-Works

HOCL revised Acetone's net realization to ₹68.75/kg ex-works, with a basic price of ₹93/kg and a ₹24.25/kg regional discount. Acetone pricing saw a ₹0.50/kg upward adjustment, with Phenol expected to follow.
Chemical contamination in GPLIS Canal kills fish, alarms farmers

Chemical contamination in GPLIS Canal kills fish, alarms farmers

Suspected chemical contamination in GPLIS canal caused widespread fish deaths and alarmed farmers in NTR and Krishna districts. Water turned reddish/greenish, prompting APPCB investigation and drinking water supply halt. A similar incident occurred two years ago.
China Bazaar Futures Opening Alert

China Bazaar Futures Opening Alert

China Bazaar Futures opened on Feb 26, 2026: PP futures opened higher at 6757 RMB/MT, LLDPE stable at 6777 RMB/MT, and PVC lower at 4950 RMB/MT, reflecting varied market movements.
Feedstock Offers Update

Feedstock Offers Update

Feedstock offers update: Naphtha C&F Japan $615. Propylene Europe €845. Ethylene USA up, Asia $700. Styrene Rotterdam $1170. MEG China $475. Mixed price changes noted across markets.
[SMM Analysis] Post-holiday raw material side disturbances reemerged, nickel salt prices rose.

[SMM Analysis] Post-holiday raw material side disturbances reemerged, nickel salt prices rose.

Post-holiday, nickel salt prices rose, with the SMM battery-grade nickel sulphate index at 31,813 yuan/mt. Raw material disturbances and rising nickel costs fueled price increases. Inventories saw some destocking, and transaction sentiment slightly recovered.
Tender to support 500,000 tonnes green methanol production in works

Tender to support 500,000 tonnes green methanol production in works

India plans a tender for 500,000 tonnes/year green methanol production under the ₹19,400 crore SIGHT Scheme. Deendayal Port will procure it for shipping. Guidelines and incentives are expected by March, boosting cleaner fuel adoption.
Downstream industries have not fully resumed work after the holiday, overall market transactions remain sluggish [SMM Silicone Weekly Review]

Downstream industries have not fully resumed work after the holiday, overall market transactions remain sluggish [SMM Silicone Weekly Review]

Post-holiday, the silicone market is sluggish. DMC prices are stable at 13,800-14,000 yuan/mt, with a slight rise expected. Silicone oil, 107 rubber, and MVQ prices held steady, ranging from 14,200-15,800 yuan/mt.
Deendayal Port To Begin Site Work For India's First 150 TPD Plant

Deendayal Port To Begin Site Work For India's First 150 TPD Plant

Deendayal Port Authority begins site work at Kandla for India's first 150 TPD e-methanol plant. This landmark project aims to validate clean fuel technologies, supporting decarbonisation and port-led industrial development.
Can Utility Global Change India's Steel Future?

Can Utility Global Change India's Steel Future?

Utility Global's $100M funding deploys H2Gen, offering India's steel, refining, and chemical sectors a decarbonization path. Producing clean hydrogen from industrial off-gases, it aids India's 2070 net-zero goal.
SPIC commences production of new complex fertiliser Bharat NPK 17:17:17

SPIC commences production of new complex fertiliser Bharat NPK 17:17:17

SPIC commenced production of Bharat NPK 17:17:17 at its Thoothukudi plant. This new complex fertiliser, with a balanced 17:17:17 formula, offers comprehensive nutrition for all crop types, aiming for improved yields and better crop quality.

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