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Massive fire breaks out at chemical factory in Palwal, no casualties reported

Massive fire breaks out at chemical factory in Palwal, no casualties reported

A massive fire engulfed a Palwal chemical factory Thursday afternoon around 3 pm, sparked during chemical unloading. It took hours to control, destroying much inventory. All workers were safely evacuated, with no casualties reported.
Deepak Chem Tech ties up with Praxair India to set up HyCO plant for polycarbonate project in Gujarat

Deepak Chem Tech ties up with Praxair India to set up HyCO plant for polycarbonate project in Gujarat

Deepak Chem Tech partnered with Praxair India to set up a HyCO plant in Gujarat. This facility will supply critical feedstocks for DCTL's upcoming polycarbonate project, strengthening domestic production and ensuring stable raw material supply.
China benzene imports in line with expectations in Mar

China benzene imports in line with expectations in Mar

China's March benzene imports reached 458,700 tonnes, near forecast. Expected to fall to 250,000-380,000 tonnes in April-May due to regional production cuts. Imports rose 10.46% MoM but fell 14.14% YoY.
China Mar styrene imports plummet, exports up 344.70% YoY

China Mar styrene imports plummet, exports up 344.70% YoY

China's March 2026 styrene imports plunged 99.97% to 1.725 tonnes, while exports soared 344.70% to 84,500 tonnes. This sharp divergence, driven by ample domestic supply and global arbitrage, is expected to continue.
China's Mar PVC exports hike 86.70% on policy-led rush, global gaps

China's Mar PVC exports hike 86.70% on policy-led rush, global gaps

China's March PVC exports surged 86.70% due to a policy-led rush from cancelled export rebates and global supply tightness caused by geopolitical conflicts, showing strong Q1 2026 performance.
India Advances Specialty Chemicals and Battery Materials Capacity

India Advances Specialty Chemicals and Battery Materials Capacity

India's specialty chemicals sector gains momentum. Vipul Organics begins RO/UF membrane production. Himadri Speciality Chemical commissions a 200,000 mt/year anode material line. Rossari Biotech subsidiaries adjust expansion plans.
India Petrochemicals and Fertilizer Markets See Restart and Policy Push

India Petrochemicals and Fertilizer Markets See Restart and Policy Push

India's petrochemical and fertilizer sectors are recovering. Balaji Amines resumed production, and Indian Oil restarted its 150,000 mt/year butyl acrylate unit. A new policy aims to secure fertilizer supply.
Deepak Fertilisers and Petrochemicals shut IPA plant on propylene supply disruption

Deepak Fertilisers and Petrochemicals shut IPA plant on propylene supply disruption

Deepak Fertilisers and Petrochemicals shut its Taloja IPA plant, with a capacity of 70,000 metric tons/year, due to propylene supply disruption. This closure impacts production.
Ethylene prices slip in Asia amid weak demand sentiment

Ethylene prices slip in Asia amid weak demand sentiment

Ethylene prices in Asia sharply declined by USD 30/mt to USD 1345-1355/mt (SEA) and USD 1315-1325/mt (NEA) due to weak downstream demand and limited restocking interest before May Day holidays.
An overlooked Iran-war price shock could send consumer prices soaring, Goldman warns

An overlooked Iran-war price shock could send consumer prices soaring, Goldman warns

Goldman warns Iran war's petrochemical price shock, up >60%, is an overlooked global inflationary pressure. It impacts 95% of products, raising US/EU company costs by 11%. Supply disruptions could last until 2027.

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