Chemicals News Today

SCC and PTTGC agreed on a THB186.5 billion Thai petrochemical joint venture, combining businesses with PTTGC holding a 56% stake and SCGC 44%, targeting annual synergies of THB5.1 to 6.8 billion.

Prime Minister Modi has urged expedited land acquisition for the Errupalem-Amaravati-Namburu railway line and accelerated work on the Nakkapalli Bulk Drug Park, targeting project completion by December.

The Middle East polyvinyl pyrrolidone (PVP) powder market is projected to grow at 4-7% annually through 2035, driven by rising pharmaceutical, personal care, and industrial formulation demands relying heavily on imports.

Germany's dehydrogenation catalysts market is projected to grow at 4-6% annually through 2035, driven by replacement cycles and petrochemical demand, despite high energy costs and operational challenges.

The Government of Assam has issued a tender for manpower services at Assam Petro-Chemicals Limited in Namrup. The 731-day contract requires a tender fee of INR 9,850 and an EMD of INR 9,85,000.

India’s chemical market shows a mixed-to-firm outlook, led by strong methanol momentum, improving styrene sentiment and firm toluene benchmarks. Brent crude at $115.20–$115.68/bbl, up 1.4–1.5%, alongside Middle East security risks and higher Strait of Hormuz shipping and insurance costs, supports upstream pricing. However, heavy port arrivals and healthy local inventories are limiting immediate supply pressure across several imported chemicals.

Odisha is transforming into India's next chemical hub, aiming to scale up to a $1 trillion sector by 2040 through dedicated coastal clusters, coal-to-chemicals initiatives, and major industrial investments.

Adperma will begin commercial production of phenol and acetone at its ₹6,000 crore Haldia facility by December 2026, featuring annual capacities of 345,000 and 215,000 tonnes respectively.

LANXESS has launched its biodegradable Cosmelin ester range for India’s personal care market, offering sustainable silicone alternatives that deliver premium texture, performance, and formulation flexibility across skincare and cosmetics.

The EU is weighing 2027 import curbs on Chinese chemicals, furniture, and machinery to counter a $404 billion trade deficit, potentially opening new export opportunities for India's chemical industry.