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Chemicals News Today

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India: Crude coal tar prices surge in SAIL Bhilai auction

India: Crude coal tar prices surge in SAIL Bhilai auction

SAIL Bhilai auctioned 1,207 tonnes of crude coal tar on Jan 3, 2026, selling it all at INR 42,531/t. This marks an INR 2,000/t increase from the Dec 22, 2025 auction, driven by strong buyer participation and demand.

How Indias Chemical Companies Quietly Moving Into Batteries, Semiconductors

How Indias Chemical Companies Quietly Moving Into Batteries, Semiconductors

Indian chemical firms are diversifying into batteries and semiconductors. PCBL, Neogen, Balaji Amines, Acutaas, Archean, and Stallion are investing in materials like nano silicon, electrolytes, and photoresists, targeting 54 GWh battery demand by FY27.

62

Nippon Shokubai outlines progress, challenges in medium-term management plan

Nippon Shokubai outlines progress, challenges in medium-term management plan

Nippon Shokubai detailed its medium-term management plan, outlining progress and challenges. The company faces shrinking domestic demand and Chinese overproduction, impacting its strategic outlook.

47

Styrene monomer (SM) prices quote lower in Asia

Styrene monomer (SM) prices quote lower in Asia

polymerupdate.com

Styrene monomer (SM) prices in Asia fell USD 5/mt, with FOB Korea at USD 835-845/mt and CFR China at USD 845-855/mt. Bearish feedstock benzene (USD 655-665/mt FOB Korea) and reduced buying activity drove the decline.

Economic growth to fuel 6–7% rise in India’s petrochemical consumption

Economic growth to fuel 6–7% rise in India’s petrochemical consumption

polymerupdate.com

India's petrochemical consumption is set to rise 6-7% medium-term, with FY25-26 growth at 5%. Despite $124 billion planned investments to boost domestic capacity (polypropylene 1.7x, PVC 2.5x), India remains a net importer, facing global overcapacity risks.

24

GNFC Bharuch Raises Acetic Acid Prices for Tanker and Carboy Supplies

GNFC Bharuch Raises Acetic Acid Prices for Tanker and Carboy Supplies

GNFC Bharuch has raised Acetic Acid prices. Tanker loads are now ₹37,500 per metric tonne, and carboys are ₹50,000 per metric tonne.

23

Indian chemical sector’s aspirations will face roadblocks

Indian chemical sector’s aspirations will face roadblocks

Indian chemical sector's 2026 growth faces roadblocks from US tariffs and feedstock dependence. Despite a $220B market and $31B trade deficit, firms acquire US assets to counter challenges and diversify from China.

27

Thermally Tunable Naphthalene Diimide Solvates Enabling Selective Sensing, Reversible Photochromism, and Anti-counterfeiting Application

Thermally Tunable Naphthalene Diimide Solvates Enabling Selective Sensing, Reversible Photochromism, and Anti-counterfeiting Application

frontiersin.org

Indian researchers developed NDI solvates (NDI-1, NDI-2) for selective Hg²⁺ sensing and reversible photochromism under UV light (365 nm). This offers prospects for secure data storage and anti-counterfeiting applications.

28

Lubrizol bets on localisation, regulation-led demand to drive additives growth in IMEA

Lubrizol bets on localisation, regulation-led demand to drive additives growth in IMEA

manufacturing.economictimes.indiatimes.com

Lubrizol drives IMEA growth via localisation, regulation, and quality demand. Expanding Indian facilities, including a Turbhe plant nearing 50% renewable energy, and a new Mumbai R&D centre, support evolving mobility tech and sustainability.

SEA’s Export Boom: How to Track the Effect on Chemicals Demand and Trade Flows – Asian Chemical Connections

SEA’s Export Boom: How to Track the Effect on Chemicals Demand and Trade Flows – Asian Chemical Connections

Southeast Asia's export boom, with US exports up 25% in Q3 2025, drives chemical demand. Polymers demand is projected to grow 4% annually to 32.8m tonnes by 2030, despite stricter origin rules impacting trade flows.

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