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Chemicals News Today

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FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

Latest Market News Of Chemicals

Daily Report News

LPG tanker Nanda Devi scheduled to dock at Kandla, Gujrat today

LPG tanker Nanda Devi scheduled to dock at Kandla, Gujrat today

The Economic Times

LPG tanker 'Nanda Devi' carrying 46,000 MT of liquefied petroleum gas will dock at Kandla, Gujarat today. This is the second vessel to arrive, aiding India amidst a global crisis.

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ORSL Acquires Industrial Associate To Boost Green Chemicals

ORSL Acquires Industrial Associate To Boost Green Chemicals

Construction World

ORSL acquired Industrial Associate on March 13, 2026, to boost green chemicals and sustainable materials. This strategic move, aligning with ORSL's 2008 establishment, enhances circular economy solutions and accelerates environmentally responsible product distribution.

DCM Shriram Secures USD 90 mn Sustainability-Linked NCDs

DCM Shriram Secures USD 90 mn Sustainability-Linked NCDs

Construction World

DCM Shriram secured USD 90 mn from IFC via Sustainability-Linked NCDs. This investment will fuel strategic growth, expand chemicals and agri businesses, create rural jobs, and enhance sustainability, aligning with national priorities and long-term resilience.

1216

Coal Minister Performs Bhoomi Pujan For Two Gasification Plants

Coal Minister Performs Bhoomi Pujan For Two Gasification Plants

Construction World

Coal Minister performed Bhoomi Pujan for two gasification plants in Bhadrawati, advancing the Rs 85 bn incentive scheme. The mission aims to gasify 100 mn t coal by 2030, boosting domestic production and employment.

Shifting from gas to electric

Shifting from gas to electric

newindianexpress.com

India aims to shift from imported LPG to electric cooking, driven by West Asia turmoil and improved domestic power. Electric cooking is cheaper below ₹6.6/unit, more efficient, and supports 2070 net-zero goals, backed by the 2023 National Efficient Cooking Programme.

101

LG Chem says no force majeure; Lotte Chemical warns of potential force majeure on monomer output

LG Chem says no force majeure; Lotte Chemical warns of potential force majeure on monomer output

LG Chem retracted force majeure, now foreseeing potential DOTP shipment disruptions (110,000 mt/y) due to feedstock issues. Lotte Chemical warns of potential force majeure on 210,000 mt/y monomer output, citing Strait of Hormuz blockade and raw material procurement challenges.

PTTGC ensures steady operations and supply chain amid Middle East volatility

PTTGC ensures steady operations and supply chain amid Middle East volatility

PTTGC ensures steady operations and supply chain stability amidst Middle East volatility, implementing measures for price volatility and feedstock procurement management.

Balaji Amines faces production halt due to supply chain disruptions

Balaji Amines faces production halt due to supply chain disruptions

Balaji Amines has halted production due to severe supply chain disruptions. Suppliers invoked force majeure, leading to struggles in ammonia procurement, impacting operations.

46

PP prices surge globally on Middle East conflict

PP prices surge globally on Middle East conflict

Global PP prices surged due to Middle East conflict, with Asia PP up $330/mt since March 2. Supply tightened as producers declared force majeure. Iran's retaliation threats and Orion's price hikes indicate market volatility.

114

Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

polymerupdate.com

Asian propylene prices surged due to tight supply, rising energy costs, and Middle East tensions. CFR South East Asia spiked USD 225/mt, FOB Korea USD 230/mt, and CFR China/Taiwan USD 220/mt. Overall, prices rose USD 305-315/mt.

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