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Chemicals News Today

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China PE Prices Surged Then Faced Resistance Last Week, Retreating from Highs

China PE Prices Surged Then Faced Resistance Last Week, Retreating from Highs

Latest Market News Of Chemicals

Daily Report News

Annup Kashyap: "The biggest challenge for India's steel industry is balancing growth with decarbonization."

Annup Kashyap: "The biggest challenge for India's steel industry is balancing growth with decarbonization."

India's steel industry targets expanding capacity to 300 million tons by 2030 while facing decarbonization challenges, high green hydrogen costs, and the EU's Carbon Border Adjustment Mechanism.

58

Market Buzz: RIL Rumored to Hike Domestic Polymer Prices

Market Buzz: RIL Rumored to Hike Domestic Polymer Prices

Reliance Industries Limited is rumored to increase domestic polymer prices across major grades, with expected hikes ranging from ₹2 to over ₹5 per kilogram. Official confirmation is awaited.

22

Gujarat: DRI busts mephedrone factory in Ankleshwar; 3 arrested

Gujarat: DRI busts mephedrone factory in Ankleshwar; 3 arrested

The Directorate of Revenue Intelligence busted a mephedrone manufacturing unit in Gujarat, arresting three persons and seizing 1.349 kg of the banned drug along with Rs 21 lakh in cash.

UK-India FTA takes effect but PET, R-PET duties remain in place

UK-India FTA takes effect but PET, R-PET duties remain in place

The UK-India FTA is active, but duties on PET and R-PET persist. PET duties will remain at 0-13.8% for another five years, impacting trade despite the new agreement.

23

PetroChina's Dushanzi Petrochemical starts up 1.2 million mt/y ethylene project

PetroChina's Dushanzi Petrochemical starts up 1.2 million mt/y ethylene project

PetroChina's Dushanzi Petrochemical has launched a new 1.2 million mt/y ethylene project, boosting West China's total ethylene capacity to 3 million mt/y. This significant expansion marks a major development in the region's petrochemical industry.

1219

Versalis shuts PE plant at Brindisi, Italy

Versalis shuts PE plant at Brindisi, Italy

Versalis shut its Brindisi PE plant (249,000 mt/y LLDPE, 279,000 mt/y HDPE) on July 21, following cracker closures. This aligns with decarbonization and market pressures, while a new battery production site is being built in the area.

55

Odisha races ahead as India's new chemical and petrochemical investment hotspot

Odisha races ahead as India's new chemical and petrochemical investment hotspot

polymerupdate.com

Odisha has attracted nearly Rs 2 lakh crore in chemical and petrochemical investments over two years, becoming India's new hotspot. Policy support, infrastructure, and a sustainability focus drive its transformation into a major manufacturing hub.

46

From a bag of naphthol to a ₹175 crore global colour business: The Vipul Organics story

From a bag of naphthol to a ₹175 crore global colour business: The Vipul Organics story

Family-run Vipul Organics grew from a local trader to a ₹175 crore global colour chemistry leader exporting to over 45 countries, achieving record profits and expanding into new industrial verticals.

1010

Paraxylene Market Size To Exceed $159.57 Billion By 2035

Paraxylene Market Size To Exceed $159.57 Billion By 2035

The global paraxylene market is projected to reach $159.57 billion by 2035, growing at a CAGR of 8.20% from 2025, driven by rising demand for polyester fibers and PET packaging.

Not possible to allocate RFCL urea exclusively to Telangana: Centre

Not possible to allocate RFCL urea exclusively to Telangana: Centre

newindianexpress.com

The Centre stated it cannot exclusively allocate RFCL urea to Telangana, citing national pooling for equitable distribution and uninterrupted availability across all states. This prevents supply disruptions from plant shutdowns or demand fluctuations.

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