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Chemicals News Today

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Which State is the Largest Producer of Sugar in India?

Which State is the Largest Producer of Sugar in India?

[SMM Analysis] Trading Sentiment Cooled Somewhat, Nickel Salt Prices Declined Slightly

[SMM Analysis] Trading Sentiment Cooled Somewhat, Nickel Salt Prices Declined Slightly

Latest Market News Of Chemicals

Daily Report News

Stable TDI Prices After 6–8% Drop on Weak Demand

Stable TDI Prices After 6–8% Drop on Weak Demand

Global TDI prices dropped 6-8% in early May 2026 due to weak demand and crude oil softness, stabilizing at lower levels. Despite a 7.7% correction from peak, prices remain 48.2% higher than January, with firm toluene costs limiting further declines.

1220

Kochi To Anchor Rs 16450 Crore Projects

Kochi To Anchor Rs 16450 Crore Projects

Kochi to anchor Rs 16,450 crore projects across Kerala and Tamil Nadu, focusing on transport, energy, and urban development. Kerala gets Rs 10,800 crore, including a Rs 5,500 crore polypropylene unit, highway, and railway upgrades.

54

Paradeep Phosphates reports lower profit, revenue rises

Paradeep Phosphates reports lower profit, revenue rises

Paradeep Phosphates reported lower profit despite rising revenue and an 8% increase in production volume for the fiscal year ended March 31.

India’s Vishnu Chemicals resumes operations following extended maintenance

India’s Vishnu Chemicals resumes operations following extended maintenance

Vishnu Chemicals' Parwada facility has resumed operations following the completion of its scheduled extended maintenance shutdown, bringing the plant back online.

India’s GNFC halts acetic acid production as feedstock margins turn negative

India’s GNFC halts acetic acid production as feedstock margins turn negative

GNFC has halted acetic acid production at its Bharuch plant, with a capacity of 150,000 mt/y, due to negative feedstock margins. This move impacts the company's industrial operations.

129

Europe’s chemical industry on the verge of collapse - logos

Europe’s chemical industry on the verge of collapse - logos

Europe's chemical industry faces collapse due to high energy costs (3x US), weak demand, and competition. Two of ten companies closed plants, and the trade surplus shrunk by €7.3 billion, risking a "domino effect" and industrial decline.

66

Castrol’s Growth Playbook: Rural Push, Synthetic Upgrade, and EV Readiness

Castrol’s Growth Playbook: Rural Push, Synthetic Upgrade, and EV Readiness

Castrol India targets growth via rural expansion to 40,000 outlets, synthetic lubricant upgrades, and EV readiness. It balances ICE leadership with future mobility, strengthening mechanic trust and urban premiumization for sustainable market evolution.

How the Iran War Just Broke European Chemicals

How the Iran War Just Broke European Chemicals

europeanbusinessmagazine.com

Iran war's 64% naphtha price surge crippled European chemicals. Capacity utilization fell to 62-68%, below 80% profitability. Exports dropped from 23% to 14%, signaling a structural collapse for manufacturing.

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Why Auto LPG Matters in India’s Green Transition

Why Auto LPG Matters in India’s Green Transition

evmechanica.com

Auto LPG is crucial for India's green transition. It offers 40% cheaper fuel, 7,000+ stations, and significant emission cuts (e.g., 81% NOx) over petrol/coal EVs. Policy changes are needed to boost its 0.5% share.

Manali Petrochemicals Board Meeting Scheduled on May 21, 2026 to Consider Q4FY26 Audited Results and Dividend

Manali Petrochemicals Board Meeting Scheduled on May 21, 2026 to Consider Q4FY26 Audited Results and Dividend

Manali Petrochemicals scheduled a May 21, 2026 board meeting for Q4FY26 results and dividend. Its subsidiary PennWhite India inaugurated an ISO 9001 certified foam control chemistry plant in Chennai on April 29, 2026, expanding Asian market presence.

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