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Chemicals News Today

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Ethanol E20 petrol set to reduce crude oil imports

Ethanol E20 petrol set to reduce crude oil imports

‘Aim for 100% ethanol blending’: Nitin Gadkari cites West Asia crisis for energy self-reliance

‘Aim for 100% ethanol blending’: Nitin Gadkari cites West Asia crisis for energy self-reliance

Latest Market News Of Chemicals

Daily Report News

India’s fertilizer security remains robust; supplies exceed demand across all major nutrients, says government

India’s fertilizer security remains robust; supplies exceed demand across all major nutrients, says government

India's fertilizer security remains robust, with supplies exceeding demand for all major nutrients. The government secured 2.5 million mt urea via global tenders, ensuring strong supply diversification and continued stability.

India’s Tanfac Industries secures $134M supply deal for fluorinated chemicals

India’s Tanfac Industries secures $134M supply deal for fluorinated chemicals

India's Tanfac Industries secured a five-year supply deal worth $134 million for fluorinated chemicals. This significant contract highlights the company's growth in the chemical sector.

107

India’s HOCL restarts phenol, cumene production following force majeure shutdown

India’s HOCL restarts phenol, cumene production following force majeure shutdown

India's HOCL Kochi has restarted its phenol and cumene production plants following a force majeure shutdown. Feedstock supply has normalized, allowing the resumption of operations.

1112

India plans to purchase fertilizers and raw materials

India plans to purchase fertilizers and raw materials

worldfertilizer.com

India's Ministry of Chemicals and Fertilizers recommends a three-month collective purchase of fertilizers and raw materials by companies. This aims to secure supply and competitive pricing, with IPL already tendering for 1.6 million t of DAP/TSP.

Lanxess inaugurates new lubricant additives manufacturing plant

Lanxess inaugurates new lubricant additives manufacturing plant

motownindia.com

Lanxess inaugurated a new lubricant additives plant in Jhagadia, Gujarat, strengthening its presence in India, the world's third-largest lubricants market. This investment supports "Make in India" and serves domestic and international markets.

1214

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

Global Naphtha supply chain fracturing, with prices hitting a two-year high. This impacts plastics, textiles, and fertilizers, causing inflation and force majeure. India's Russian imports surged to 50%.

Monoethylene glycol (MEG) prices decline in Asia on subdued demand and weaker feedstock costs

Monoethylene glycol (MEG) prices decline in Asia on subdued demand and weaker feedstock costs

polymerupdate.com

Monoethylene glycol (MEG) prices are declining in Asia due to subdued demand, economic uncertainties, and weaker feedstock costs. Buyers remain hesitant, impacting suppliers.

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India: RINL receives no bids in latest crude coal tar auction, reschedules sale

India: RINL receives no bids in latest crude coal tar auction, reschedules sale

RINL Vizag received no bids for its 840 t crude coal tar auction on Apr 24 due to a high base price of INR 57,000/t. The sale is rescheduled to Apr 28.

27

MRPL Forms Strategic Joint Venture for Petrochemical Growth

MRPL Forms Strategic Joint Venture for Petrochemical Growth

investywise.com

MRPL, ONGC, and OPaL formed a JVC for petrochemical marketing, with MRPL investing Rs. 12.5 crore. This aims to boost efficiency, optimize logistics, and reduce import dependency, approved on April 27, 2026.

China's structural shift boosts outlook for India's chemical industry: Report

China's structural shift boosts outlook for India's chemical industry: Report

India's chemical industry faces a favorable medium-term outlook. China's structural shifts, including anti-involution and supply reforms, are boosting pricing power and consolidation for Indian bulk chemical manufacturers, despite some specialty segment pressures.

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