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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.
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.
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

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.
Petrochemical News - Uncertainty drives caution in European Nylon market as buyers navigate volatility

Petrochemical News - Uncertainty drives caution in European Nylon market as buyers navigate volatility

The European Nylon market is experiencing caution among buyers due to prevailing uncertainty and volatility, as reported on March 16, 2026.
Escalating Middle East tensions drive surge in costs across industries dependent on petrochemicals and their derivatives

Escalating Middle East tensions drive surge in costs across industries dependent on petrochemicals and their derivatives

Escalating Middle East tensions are driving a surge in costs across industries reliant on petrochemicals and their derivatives, impacting various sectors as of March 16, 2026.
West Asia crisis disrupts fertiliser, petrochemical supply chains, India seeing production curbs: Morgan Stanley

West Asia crisis disrupts fertiliser, petrochemical supply chains, India seeing production curbs: Morgan Stanley

The West Asia crisis disrupts fertiliser and petrochemical supply chains, impacting India. ~10mnt fertiliser and ~25mntpa petchem capacities are curtailed across Asia, including India, due to feedstock shortages. Prices of downstream products are up 15-25%.
Indian scientist Dr Kalikinidi achieves safer, cost-effective drug manufacturing breakthrough

Indian scientist Dr Kalikinidi achieves safer, cost-effective drug manufacturing breakthrough

Dr. Kalikinidi, an Indian scientist, achieved breakthroughs in safer, cost-effective, and sustainable drug manufacturing. His work improved production of critical medicines like Covid-19 antiviral Nirmatrelvir and anti-cancer drug Darlifarnib, making them more accessible globally.
SAF Association calls for using used cooking oil to produce Sustainable Aviation Fuel

SAF Association calls for using used cooking oil to produce Sustainable Aviation Fuel

SAFA urges India to use Used Cooking Oil for Sustainable Aviation Fuel. Improved UCO collection could yield 1.36 MMT SAF, surpassing India's 2030 5% blending target, positioning India as a global SAF hub.

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