Chemicals News Today

Methanol markets softened across Asia as spot enquiries declined after aggressive April buying. China export arbitrage remained open, while India demand for June cargoes weakened amid expected arrivals and geopolitical uncertainty. Domestic India inventories tightened temporarily, supporting ex-tank prices. Weak China downstream sentiment, fluctuating futures, and soft freight discussions continued limiting aggressive procurement activity regionally.

Deputy CM Bhatti Vikramarka sought Centre's support for Singareni's expansion, including coal gasification, Koyyagudem Block-III allocation, and Tadicherla Block-III lease. Union Minister Kishan Reddy responded positively, assuring a joint meeting.

Telangana Deputy CM discussed Singareni's future, coal gasification, new coal blocks (Koyagudem Block-III), and Tadicherla Block-II mining lease with Union Minister Kishan Reddy. Minister assured a joint meeting for these crucial energy security and industrial needs.

Telangana Dy CM met Union Minister Kishan Reddy to discuss Singareni's future, coal gasification, and new coal block allocations. Requests for Koyagudem Block-III and Tadicherla Block-II mining were positively received, with a joint meeting assured.

Walplast Products reported robust yearly growth across its HomeSure portfolio, with Admixtures up 110%, Block Jointing Mortar 72%, and Walbond 67%. This reflects strong market confidence and strategic investments, strengthening its presence across 23+ countries.

ICAR recommends ammonium sulphate (21% N, 24% S) as a urea alternative for paddy, citing domestic production and dual nutrients. This addresses India's fertilizer import issues, despite its lower nitrogen density and soil acidity risks.

OEKO-TEX ECO PASSPORT marks a decade of safer chemistry, certifying over 65,000 products across 50+ countries. Lab data highlights dye challenges but low PFAS, driving transparency and compliance, especially in key markets like India and China.

Balaji Amines commissioned India's first commercial DME plant in Solapur with 1 lakh tonnes annual capacity. It produces Dimethyl Ether as an alternative fuel for LPG blending (up to 8%) and industrial use, boosting energy self-reliance.

HAB Pharma and Signature Phytochemicals merged, creating a ₹600 crore entity. This strengthens manufacturing, R&D, and global exports, with new facilities opening by August 2026, focusing on specialty drugs and innovation for long-term growth.

Iran eased import rules for petrochemical and polymer raw materials on May 20 via sailor/border porter procedures. This aims to counter supply chain disruptions and rising prices for plastics like PE and PP, exacerbated by regional conflict.