Chemicals News Today

Toluene prices today strengthened as higher crude oil prices and tightening spot supply supported market sentiment. While downstream demand remained stable, buyers turned cautious at elevated price levels, leading to requirement-based procurement. The Indian toluene market is expected to remain stable to firm, with global crude trends and import availability guiding prices.

India possesses the chemical capacity to process Myanmar's rare earths, but replacing China depends on building long-term operational capability rather than just physical factory infrastructure.

Reliance Industries hiked polymer prices across HDPE (₹2/kg), LLDPE, LDPE, PP (₹5/kg each), PVC (₹4/kg), and PET (₹1.50/kg) effective July 27, 2026, driven by strong market fundamentals.

CMFRI led a nationwide awareness campaign reaching over 1,500 farmers across five states, promoting balanced fertilizer use, natural farming, and sustainable organic innovations like seaweed and fish waste fertilisers.

India's Department of Fertilizers launched an Expression of Interest for domestic green urea production using green hydrogen and industrial CO2, targeting reduced carbon emissions, self-sufficiency, and sustainable agriculture.

Siegwerk is investing over EUR 300 million over five years to expand global production, automation, and acquisitions, significantly strengthening its printing inks and coatings capabilities, particularly in India and key markets.

Coromandel International earned the Responsible Care Certification from the Indian Chemical Council for all its 18 manufacturing facilities, validating its high safety, health, and environmental standards through March 2029.

India's special effects laminate films market is projected to grow at an 8-11% CAGR through 2035, driven by expanding automotive interiors and premium packaging sectors demanding visual and tactile differentiation.

Sabic Agri-Nutrients announced a SAR1.7 billion dividend for H1 2026 despite a 19 percent drop in revenue to SAR5.3 billion and a 21 percent decline in net income.

Dr. R.G. Agarwal urges India to adopt TRIPS-compliant data laws, rationalize GST to 5%, and implement targeted PLI schemes to boost the $1 trillion agricultural sector and attract global agrochemical innovators.