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Mitsubishi Chemical weighs new India plant for mainstay plastic

Mitsubishi Chemical weighs new India plant for mainstay plastic

Mitsubishi Chemical Group is weighing a new plant in India for MMA acrylic plastics, aiming for production by 2030. A decision on the site is expected by March 2027 to expand in India's growing market.
India: Crude coal tar prices climb up in NMDC Naganar's latest auction

India: Crude coal tar prices climb up in NMDC Naganar's latest auction

NMDC Steel's Nagarnar auction on Dec 23 saw crude coal tar prices climb sharply. 500 tonnes sold at INR 39,500/t, a significant INR 7,700/t increase from the previous auction, reflecting strong demand and tightening availability.
India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India imposed anti-dumping duties on Chinese steel ($223.82-$415/tonne) and refrigerant gas (up to $5,251/tonne) for five years. This move aims to protect domestic industries from cheap imports.
India Bans Harmful Chemicals in Incense Sticks: New BIS Standard Aims to Protect Health

India Bans Harmful Chemicals in Incense Sticks: New BIS Standard Aims to Protect Health

India banned harmful chemicals in incense sticks via a new BIS Standard on National Consumer Day 2025 to protect health. The INR 8,000 crore sector, with INR 1,200 crore exports, will see safer products and boost consumer confidence.
Asian Paints Launches Emporio Renaissance Club Honouring Top 100 Luxury Wood Partners

Asian Paints Launches Emporio Renaissance Club Honouring Top 100 Luxury Wood Partners

Asian Paints launched the Emporio Renaissance Club, honouring its top 100 luxury wood partners in India. This initiative, in collaboration with Renner Italia, focuses on premium Italian PU finishes, strengthening market growth and quality in high-end interiors.
Number of poor getting subsidised LPG under PMUY scheme touches 10.35 crore in 2025

Number of poor getting subsidised LPG under PMUY scheme touches 10.35 crore in 2025

PMUY scheme reached 10.35 crore beneficiaries by Dec 2025, with a Rs 300 subsidy per cylinder. LPG consumption rose from 3 to 4.85 refills annually. 25 lakh new connections approved, and safety checks conducted for 12.12 crore customers.
India’s $9.6 billion paints industry heads for $16.5 billion but FY25 exposes margin stress: Rubix Data Sciences

India’s $9.6 billion paints industry heads for $16.5 billion but FY25 exposes margin stress: Rubix Data Sciences

India's $9.6B paints industry is set to hit $16.5B by 2030, but FY25 exposes severe margin stress from intense competition, new entrants, and compliance costs. Long-term growth drivers persist, yet adaptation is crucial.
Deepak Mining Solutions to acquire explosives manufacturer

Deepak Mining Solutions to acquire explosives manufacturer

Deepak Mining Solutions (DMSL) will acquire 100% equity of an explosives manufacturer. This move, subject to conditions, aims to boost exports of value-added products and services, leveraging DMSL's upcoming TAN capacities and Australian subsidiary.
Sanctions Push Russian LPG South, Not Offline

Sanctions Push Russian LPG South, Not Offline

Sanctions redirected Russian LPG south, nearly doubling exports to Central Asia and Afghanistan to over 1 million tons. The region's share rose from 19% to 36%, with Afghanistan importing 418,000 tons, a 50% increase.
Kigali Agreement 2016, History, Features, Montreal Protocol

Kigali Agreement 2016, History, Features, Montreal Protocol

The 2016 Kigali Agreement, an amendment to the Montreal Protocol, aims to phase down HFCs globally by 80-85% by the late 2040s, preventing 0.5°C temperature rise. India ratified in 2021, starting its 85% HFC reduction by 2047 from 2028.

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