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Chemicals News Today

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America’s Leg Up on Petrochemicals

America’s Leg Up on Petrochemicals

Latest Market News Of Chemicals

Daily Report News

Ahmedabad LPG price shock hits food businesses

Ahmedabad LPG price shock hits food businesses

Ahmedabad's food businesses face a shock as 19-kg commercial LPG cylinders surge above ₹3,000, a nearly ₹1,000 hike. This impacts operational costs, pushing eateries to consider price revisions amid thin margins and global energy volatility.

Turning dirty fossil fuel into clean energy source

Turning dirty fossil fuel into clean energy source

newindianexpress.com

India aims for 100 million tonnes coal gasification capacity by 2030, transforming its 400 billion tonnes coal reserves into clean energy and industrial feedstock. This strategic shift enhances energy security, reduces import dependence, and supports a lower-carbon future.

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Himadri Speciality Chemicals aims to double profit by FY28

Himadri Speciality Chemicals aims to double profit by FY28

Himadri Speciality Chemicals aims to more than double its FY26 net profit of ₹750 crore by FY28, outlining a strategic roadmap for significant profitability growth.

1218

Middle East conflict displaces South Korea's Nafta supplies, US now largest supplier

Middle East conflict displaces South Korea's Nafta supplies, US now largest supplier

South Korea's naphtha supply shifted due to Middle East conflict. US became the largest supplier (24.7%), displacing Middle East, with India second (23.2%). Seoul expects stabilization by next month, securing 90% of pre-conflict supplies through diversification and new sources like China.

72

Japan factory output falls as Iran war disrupts oil supply

Japan factory output falls as Iran war disrupts oil supply

Japan's factory output fell 0.5% in March, the second consecutive drop, as the Iran war disrupted oil supply. This impacts petroleum-based products, raising inflation and slowing growth, with further declines expected.

1212

Fuel Security Push Sees India Expand Oil Import Base To 41 Countries

Fuel Security Push Sees India Expand Oil Import Base To 41 Countries

businessworld.in

India expanded oil imports to 41 countries from 27, cushioning consumers during the energy crisis. Government absorbed price shocks, cut duties, and boosted domestic LPG production by 60%, ensuring fuel stability for 33 crore kitchens.

16

LPG gas cylinder price hike: Not Maharashtra, Uttar Pradesh, Haryana, but this Indian state produces most LPG, name is...

LPG gas cylinder price hike: Not Maharashtra, Uttar Pradesh, Haryana, but this Indian state produces most LPG, name is...

news24online.com

LPG prices hiked, with 19kg commercial cylinders up Rs 993. Amid global tensions, India now produces 60% of its LPG needs, up from 40%, led by Gujarat, reducing import dependence. No shortages reported.

53

LyondellBasell sees prolonged PE supply shock as orders surge, prices rise

LyondellBasell sees prolonged PE supply shock as orders surge, prices rise

plasticsnews.com

LyondellBasell reports over 20% global polyethylene capacity disrupted by Middle East conflict, causing a prolonged supply shock. This has led to surging orders and rising prices for PE and related petrochemicals.

45

LyondellBasell Sees Better Q2 Margins As Supply Tightens

LyondellBasell Sees Better Q2 Margins As Supply Tightens

LyondellBasell expects better Q2 margins from tightening European supply and firm North American pricing, ramping up plant rates. Q1 adjusted earnings hit $0.49/share, beating estimates, despite $7.2 billion revenue slightly missing.

98

Bull of the Day: Dow Inc. (DOW)

Bull of the Day: Dow Inc. (DOW)

tradingview.com

Dow Inc. (DOW) is a strong buy, benefiting from Strait of Hormuz disruptions. Its stock climbed >70% YTD, with FY26 EPS estimates soaring to $2.37. It offers a 3.54% dividend yield and attractive valuation.

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