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Chemicals News Today

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Middle East conflict sends petrochemical prices soaring, straining global supply chains

Middle East conflict sends petrochemical prices soaring, straining global supply chains

Latest Market News Of Chemicals

Daily Report News

India Waives Petrochemical Duty, Eases Pressure On MedTech

India Waives Petrochemical Duty, Eases Pressure On MedTech

bwhealthcareworld.com

India waived customs duty on 40 petrochemicals until June 2026, easing MedTech pressure from 50% plastic cost surges. This Rs 1,800 crore move aims to stabilize prices, though industry seeks GST relief from 18% to 5%.

India is decades behind China in coal gasification. New Odisha plant will take two more years

India is decades behind China in coal gasification. New Odisha plant will take two more years

India signed a land-leasing agreement for its first indigenous coal gasification plant in Odisha, aiming to reduce import dependency. The Rs 8,500 crore project, part of the 2020 mission targeting 100 million tonnes by 2030, will take two years, as India lags China.

119

India’s Russian oil imports surge 90% amid Hormuz disruption

India’s Russian oil imports surge 90% amid Hormuz disruption

The Economic Times

India's Russian oil imports surged 90% in March, offsetting a 15% overall import drop due to Hormuz disruptions. LPG imports fell 40%, and Qatar LNG plunged 92%, prompting diversification and domestic supply boosts.

52

No LPG shortage, supply steady at 28 lakh cylinders daily: Indian Oil

No LPG shortage, supply steady at 28 lakh cylinders daily: Indian Oil

The Economic Times

Indian Oil confirms stable LPG supply of 28 lakh cylinders daily, denying shortage. 87% digital bookings. Over 7,500 inspections and 68,000 raids tackled malpractices, acting against 141 distributors.

58

How an Indian LPG tanker escaped Hormuz via an unusual route

How an Indian LPG tanker escaped Hormuz via an unusual route

infra.economictimes.indiatimes.com

An Indian LPG tanker, Pine Gas, carrying 45,000 tons of LPG, was delayed nearly three weeks in Hormuz. It escaped via an unusual, IRGC-guided route, escorted by the Indian Navy, highlighting India's critical energy reliance.

82

Manmade fibre exporters flag concerns arising from West Asia conflict

Manmade fibre exporters flag concerns arising from West Asia conflict

The Economic Times

West Asia conflict drives crude oil prices up, severely impacting manmade fibre raw material costs and the polyester chain by late March 2026. Exporters face increased freight, insurance, and subdued demand, leading to inventory holding.

Inter-Ministerial Briefing On West Asia Developments

Inter-Ministerial Briefing On West Asia Developments

Construction World

Government briefed on West Asia, ensuring domestic fuel, food, and maritime safety. Seed surplus 1.929 mn quintals, adequate fuel stocks, reduced excise duties, and monitored agrochemicals. Aviation fuel adjusted 25%. Citizens urged to avoid panic.

125

Only 17 states conduct LPG briefings; Centre urges remaining states to curb rumours and prevent panic buying

Only 17 states conduct LPG briefings; Centre urges remaining states to curb rumours and prevent panic buying

The Economic Times

Centre urges states to intensify LPG communication, as only 17 conduct briefings, to curb rumours, panic buying, and hoarding. Geopolitical issues fuel misinformation, prompting calls for strict action against malpractices.

1210

Briefs: Unitop Chemicals and Poddar Pigments

Briefs: Unitop Chemicals and Poddar Pigments

indianchemicalnews.com

Unitop Chemicals commissioned 15000 MTPA ethoxylation capacity, reaching 66000 MTPA total. Poddar Pigments added 6000 MTPA colour masterbatch capacity for Rs. 1090.01 lakhs, boosting overall growth.

1014

India exempts pesticide packaging from mandatory recycled content targets in 2026 Plastic Rules

India exempts pesticide packaging from mandatory recycled content targets in 2026 Plastic Rules

indianchemicalnews.com

India's 2026 Plastic Rules, effective March 31, exempt pesticide packaging from mandatory recycled content targets. This resolves a regulatory conflict, easing compliance for the crop protection industry while maintaining safety standards, a move welcomed by CropLife India.

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