Chemicals News Today

India’s chemical market is showing mixed price signals as Deepak Phenolics raises Isopropyl Alcohol (IPA) by ₹7/kg and Acetone by ₹4/kg, while GNFC reduces Acetic Acid by ₹2,000/MT and revises Ethyl Acetate prices downward. Brent crude above $110/barrel adds cost-push risk, although healthy port inventories and continued cargo arrivals are cushioning spot availability across several chemical categories.

Kanoria Chemicals has launched a new triacetin manufacturing unit at Ankleshwar, boasting a production capacity of 12 metric tonnes per day.

Asian PVC suspension-grade prices climbed across regions, including India at USD 880-950/mt CFR, driven by higher import offers, rising freight rates, and firmer upstream costs, despite subdued demand.

Price Revisions Effective 21 October 2026. Isopropyl Alcohol (IPA): Deepak Phenolics increased the basic price by ₹7/kg to ₹157/kg + GST at Dahej and Mumbai, applicable to advance payments. Acetone: Deepak Phenolics raised the basic price by ₹4/kg to ₹154/kg + GST at Dahej and Mumbai, applicable to advance payments. Acetic Acid: GNFC reduced prices by ₹2,000/MT. The revised basic prices are ₹66,000/MT for tankers and ₹80,000/MT for carboys, ex-GNFC, against immediate payment. Ethyl Acetate: GNFC reduced prices to ₹99,000/MT for tankers and ₹107,000/MT for drums, on an advance-payment basis.

The government extended the duty-free raw sugar import deadline to December 31. Out of 10 lakh tonnes allowed, only 3 lakh tonnes were imported due to reduced incentives.

Linde doubled its on-site industrial gas capacity at Tata Steel's Kalinganagar complex, supporting the facility's production expansion from three million to eight million tonnes annually with increased oxygen, nitrogen, and argon supplies.

India's ethanol policy shift to maize, following sugar feedstock restrictions for the 2026-27 supply year, threatens food supplies, raising costs for poultry, dairy, and starch industries amid looming crop shortages.

NetXeroC and HydroThane have partnered to provide advanced anaerobic wastewater treatment and biogas desulfurization solutions for Indian industries, leveraging HydroThane's ECSB technology backed by over 170 global references.

Odisha's delegation, led by the Chief Minister, is pitching chemical and petrochemical investment opportunities at India Chem 2026, highlighting coal gasification and a new dedicated industrial park to attract major manufacturing ventures.

East Bengal is nearing a partnership with Haldia Petrochemicals as its new investor to secure financial stability for its men's and women's top-tier football teams following Emami Group's exit.