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Sirca Paints Gains From India Luxury Housing Boom

Sirca Paints Gains From India Luxury Housing Boom

Sirca Paints gains from India's luxury housing boom, driven by demand for premium interior finishes. The ₹100 billion luxury segment fuels growth for high-end wood coatings, aligning with evolving urban preferences for quality and design, despite rising competition.
Bharuch Emerges as Gujarat's Chemical Industry Hub

Bharuch Emerges as Gujarat's Chemical Industry Hub

Bharuch is Gujarat's chemical industry hub, hosting ~1,394 units, employing ~200,000, and driving 19% of India's chemical exports. With robust infrastructure, government support, and a 452.98 sq km PCPIR, it's a global growth center.
RIL Increases Polymer Prices: HDPE, LLDPE Up ₹7/kg; LDPE, PVC Also Revised

RIL Increases Polymer Prices: HDPE, LLDPE Up ₹7/kg; LDPE, PVC Also Revised

RIL announced price hikes for its PE portfolio, effective March 25, 2026. HDPE and LLDPE increased by ₹7/kg, while most LDPE grades rose by ₹10/kg, with foam grades up ₹7/kg.
India bolsters fertilizer availability ahead of Kharif 2026 amid West Asia uncertainty

India bolsters fertilizer availability ahead of Kharif 2026 amid West Asia uncertainty

India boosts fertilizer availability for Kharif 2026, securing a 23% jump in urea gas supply. This proactive move addresses West Asia uncertainty, including Iran's output suspension and Qatar's damaged hub.
Polymer supplies to key export destinations disrupted by Middle East war

Polymer supplies to key export destinations disrupted by Middle East war

Middle East war disrupts polymer supplies to key export destinations. India's polymer prices surged 43%, and buyers face major shipment delays due to Strait of Hormuz disruptions.
Sinopec Shanghai Petrochemical reports wider chemical losses amid challenging market

Sinopec Shanghai Petrochemical reports wider chemical losses amid challenging market

Sinopec Shanghai Petrochemical reports wider chemical losses amid challenging market conditions. Its chemical business experienced sales drops and intensifying price pressure, expected to continue into 2025.
Yara shuts Australian ammonia plant for up to six weeks due to technical issues

Yara shuts Australian ammonia plant for up to six weeks due to technical issues

Yara's Australian ammonia plant, with a 726,000 mt/y capacity, will shut for up to six weeks due to technical issues. This temporary closure impacts production.
India launches antidumping probe into phenol imports from seven markets

India launches antidumping probe into phenol imports from seven markets

India launched an antidumping probe into phenol imports from 7 markets for Jan-Dec 2025. Domestic producers allege injury from dumped imports, citing price depression, profit declines, and cash losses, discouraging new investments.
European spot ethylene flips to premium over contract price amid disruption

European spot ethylene flips to premium over contract price amid disruption

European ethylene spot prices hit a €307.50/mt premium over contract prices in March (€1,452.50/mt vs €1,145/mt). Supply disruptions, cracker maintenance, and high feedstock costs caused this flip, with ~60,000 mt imports expected.
OilChem: Middle east tensions disrupt supply chains as China's PP market turns net exporter in Q1 2026

OilChem: Middle east tensions disrupt supply chains as China's PP market turns net exporter in Q1 2026

China's PP market became a net exporter in Q1 2026, driven by Middle East tensions disrupting supply chains. Imports fell 13.32% (Jan-Feb), while exports surged 30.33% to 534,500 tonnes, reshaping global trade flows and increasing China's influence.

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