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Chemicals News Today

Latest Market News Of Chemicals

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Deepak Fertilisers and Petrochemicals Corporation Limited Subsidiary Completes Acquisition of Chardham Chemicals

Deepak Fertilisers and Petrochemicals Corporation Limited Subsidiary Completes Acquisition of Chardham Chemicals

Deepak Fertilisers' subsidiary, DMSL, acquired Chardham Chemicals for Rs. 121.45 Crores on May 6, 2026. This 100% acquisition strengthens DMSL's explosives portfolio, enhancing market reach in Australian and international mining sectors.
Seci invites bids for 500k tonne green methanol supply under SIGHT scheme

Seci invites bids for 500k tonne green methanol supply under SIGHT scheme

Seci launched a tender for 5 lakh tonne/annum green methanol under the NGHM's SIGHT programme (Rs 19,744 crore outlay). Bids open till June 8 for 10-year agreements with 3-year incentives.
Apollo launches Apterra HT5 highway terrain tyres for premium SUVs in India

Apollo launches Apterra HT5 highway terrain tyres for premium SUVs in India

Apollo Tyres launched Apterra HT5 highway terrain tyres for premium SUVs like Fortuner/Scorpio. Developed in Chennai, manufactured in Chennai/Andhra Pradesh, these tyres focus on durability, comfort, and performance for highway driving, improving tread life and stability.
Basic Petrochemical Market Analysis By Application, Type,

Basic Petrochemical Market Analysis By Application, Type,

The Basic Petrochemical Market, valued at $7.85 billion in 2026, is projected to reach $17.89 billion by 2035 with a 10.84% CAGR. Growth is driven by increasing demand, innovation, and investments across diverse applications.
China Bazaar Futures Opening Alert

China Bazaar Futures Opening Alert

China Bazaar Futures for PP, LLDPE, and PVC opened lower. PP opened at 8812 RMB/MT, LLDPE at 8450 RMB/MT, and PVC at 5260 RMB/MT, with slight closing price increases.
Navin Fluorine’s revenue surges, profit more than doubles on robust overseas demand, higher prices

Navin Fluorine’s revenue surges, profit more than doubles on robust overseas demand, higher prices

Navin Fluorine's Q4 revenue surged, and profit more than doubled, driven by robust overseas demand and higher prices for hydrofluorocarbon, indicating a constructive pricing environment.
UAE's OPEC+ Exit: Is the Era of 'Great Coordination' in Oil Supply Over?

UAE's OPEC+ Exit: Is the Era of 'Great Coordination' in Oil Supply Over?

UAE, the third-largest OPEC producer, exited OPEC+ on May 1, 2026, planning to ramp up production. This caused WTI crude to tumble below $100/barrel, signaling a major shift in global oil supply dynamics.
Styrene monomer (SM) prices rise in China

Styrene monomer (SM) prices rise in China

SM prices rose in China to USD 1305-1315/mt, up USD 5/mt, driven by higher benzene costs and demand. FOB Korea prices remained stable at USD 1330-1340/mt.
EU imposes anti-dumping duties on adipic acid imports from China

EU imposes anti-dumping duties on adipic acid imports from China

The EU imposed definitive anti-dumping duties (29.1%-42.3%) on Chinese adipic acid imports, totaling €130 million annually. This follows an investigation finding unfair pricing harming the EU industry, which employs over 1,100 people.
Saudi petrochemicals cut losses despite war-hit sales

Saudi petrochemicals cut losses despite war-hit sales

Saudi petrochemicals cut Q1 losses, with Sabic profiting SAR1.45bn and Sipchem losing SAR215mn ($57mn). Higher prices offset war-hit sales and Strait of Hormuz disruptions. Yanbu saw 52% profit rise. Normalisation expected in 3-6 months.

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