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India launches antidumping probe on resorcinol imports from China, Japan

India launches antidumping probe on resorcinol imports from China, Japan

India has launched an antidumping probe on resorcinol imports from China and Japan. This action follows claims by Atul of injury caused by cheap imports, initiating an investigation into the trade practices.
Ineos Styrolution to close Illinois plant amid challenged PS market conditions

Ineos Styrolution to close Illinois plant amid challenged PS market conditions

Ineos Styrolution will close its 400,000-mt/year Illinois PS plant by Q4 2026 due to market oversupply and margin pressure, affecting 100 jobs. Production will consolidate to two sites, optimizing operations despite commitment to PS.
| H2 2026: Cotton tightness and polyester risks loom

| H2 2026: Cotton tightness and polyester risks loom

Global textile manufacturers face twin pressures in H2 2026 from tightening cotton supplies and volatile polyester feedstocks. This reduces flexibility, increases procurement uncertainty, lead times, and working capital needs, posing significant risks beyond inflation.
China's naphtha output jumps in May as fuel production weakens

China's naphtha output jumps in May as fuel production weakens

China's naphtha output surged in May as refiners prioritized petrochemical feedstocks, leading to a decline in transportation fuel production.
Govt of India may extend import duty exemption on 40 petrochemical products beyond June 30

Govt of India may extend import duty exemption on 40 petrochemical products beyond June 30

India may extend import duty exemption on 40 petrochemical products beyond June 30, initially from April 2. This aims to shield industries from West Asia disruptions, impacting customs revenue targets of Rs 2.71 trillion for current fiscal.
Neyveli Lignite Corporation at forefront in Rs 46,000 cr coal gasification project

Neyveli Lignite Corporation at forefront in Rs 46,000 cr coal gasification project

Centre to finalize Rs 46,000 cr coal gasification scheme in two months, targeting 100 MT coal by 2030. NLC's Rs 4,394 cr lignite-to-methanol plant is a key project, boosting domestic production.
IOCL - PP, HDPE and LLDPE POLYMER PRICE UPDATE

IOCL - PP, HDPE and LLDPE POLYMER PRICE UPDATE

Indian Oil Corporation Limited (IOCL) announced a polymer price update effective June 22, 2026. PP prices increased by Rs.1/Kg, while HDPE and LLDPE prices remained unchanged.
Europe top stories: weekly summary

Europe top stories: weekly summary

LEUNA-Polyamid filed for insolvency. Methanol prices test demand. Crude supply recovery by H2 2021 depends on peace. Olin and Huntsman merged. Europe chemical stocks rallied to near 2026 high, despite firm oil prices.
Asia top stories – weekly summary

Asia top stories – weekly summary

Asia saw oil below $80/barrel, falling petrochemical prices, and weak demand in China/SE Asia. China's economy slowed. Japan's chemical exports rose 11%, and Malaysia had a $222M acquisition.
Asia chemical shares mixed as US-Iran talks progress

Asia chemical shares mixed as US-Iran talks progress

Asian chemical shares were mixed amid US-Iran talks progress, with Iran claiming major waivers and asset releases. Nikkei surged 1.96%, KOSPI rose 1.30%, while some petrochemical stocks fell over 4%. Oil prices eased.

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