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Chemicals News Today

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Hyderabad Bioeconomy Boosts Indigenous Green Manufacturing

Hyderabad Bioeconomy Boosts Indigenous Green Manufacturing

Hyderabad's biotech project, backed by central government, will commercialize an indigenous green process for Spirulina-derived blue pigment. This boosts sustainable manufacturing, import substitution, and India's bioeconomy.
This Mumbai startup turns unrecyclable plastic into paint and adhesive chemicals

This Mumbai startup turns unrecyclable plastic into paint and adhesive chemicals

Tulon Materials, a Mumbai startup, secured Rs 10 crore seed funding to turn unrecyclable plastic waste into speciality chemicals for paints and adhesives. Founded in June 2022, it targets Indian and EU markets, replacing fossil-derived raw materials.
Major Polymer Price Updates: RIL Revises PVC and PE Prices, IOCL Cuts HDPE by ₹4/kg

Major Polymer Price Updates: RIL Revises PVC and PE Prices, IOCL Cuts HDPE by ₹4/kg

RIL increased PVC by ₹3-4/kg, cut HDPE/LDPE by ₹4/kg, and PP Deemed Export by ₹6/kg. IOCL cut HDPE by ₹4/kg. Import duties on 40 polymers restored from July 16, increasing costs.
Wanhua Chemical projects surge in profit

Wanhua Chemical projects surge in profit

Wanhua Chemical projects anticipate a significant profit surge in H1. Earnings are projected to rise due to higher feedstock prices and strong operational gains, indicating robust financial performance.
India-China methanol arbitrage reopens on Middle East supply concerns

India-China methanol arbitrage reopens on Middle East supply concerns

India-China methanol arbitrage reopens due to Middle East supply concerns. Buyers are hesitant about 30-45 day delivery risks, preferring prompt arrivals to mitigate uncertainty in the market.
Germany’s chemical output to decline 1.5% in 2026 – VCI

Germany’s chemical output to decline 1.5% in 2026 – VCI

Germany's chemical output is projected to decline 1.5% in 2026, with H1 2026 production already down 3%. The industry faces rising costs, weak sales, and remains in crisis, with no sustained recovery in sight.
Benzene port stocks plunge over 60% YoY to record low

Benzene port stocks plunge over 60% YoY to record low

Benzene port stocks at Jiangsu plunged over 60% YoY to a record low of 56,800 tonnes by July 13, 2026. This 20-week decline is due to falling imports and domestic production cutbacks.
TDB funds Hyderabad firm’s natural blue pigment project

TDB funds Hyderabad firm’s natural blue pigment project

TDB funds Hyderabad's K. N. Biosciences to commercially produce C-phycocyanin, a natural blue pigment from Spirulina, developed by IIT Guwahati. This project aims to reduce India's import dependence and boost the bioeconomy.
Formosa Petrochemical's First-Half EPS Surges to NT$4.32, a 7-Year High; Refining Margins Expand to $30, Q3 Outlook Remains Strong

Formosa Petrochemical's First-Half EPS Surges to NT$4.32, a 7-Year High; Refining Margins Expand to $30, Q3 Outlook Remains Strong

Formosa Petrochemical's H1 EPS surged to NT$4.32, a 7-year high, driven by $30 refining margins. Stock soared 36% to NT$80. Q3 outlook remains strong with 87% refinery utilization and institutional target prices up to NT$90.
Shalimar Paints unveils Xtra Tough Hi-Sheen for India’s toughest climates

Shalimar Paints unveils Xtra Tough Hi-Sheen for India’s toughest climates

Shalimar Paints launched 'Xtra Tough Hi-Sheen', a premium exterior emulsion. With 120+ years legacy, it offers 8-year warranty, 2,000 shades, UV & dust-repellent tech for India's diverse climates, enhancing protection and appeal.

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