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Dow considers exit from $20 billion Saudi Aramco chemicals venture Sadara

Dow considers exit from $20 billion Saudi Aramco chemicals venture Sadara

Dow held a 35% stake in Sadara Chemical Co. as of last year, while Aramco owns the remaining interest.
Meet the friends who left two of the world’s biggest chemical companies to build one in Africa—raising nearly $3 million and growing 1,400% in four years

Meet the friends who left two of the world’s biggest chemical companies to build one in Africa—raising nearly $3 million and growing 1,400% in four years

Childhood friends built Alliance Chemicals Global, raising nearly $3 million and growing revenue 1,400% in four years by solving supply chain challenges and expanding local manufacturing in Africa.
Maharashtra Unveils Strategic Plans to Revolutionize Chemical Sector by October's End

Maharashtra Unveils Strategic Plans to Revolutionize Chemical Sector by October's End

Maharashtra plans to launch its first Chemical Sector Policy by October's end, featuring massive chemical parks across 2,500 to 5,000 acres and a Rs 1,000-crore investment fund to drive industrial growth.
India Acetic Acid Market Tightens as China Prices Surge and Import Costs Rise
nexizo.ai
Daily Market Report
9 September

India Acetic Acid Market Tightens as China Prices Surge and Import Costs Rise

India’s Acetic Acid market is entering a firmer phase as Chinese domestic prices have accelerated sharply and inventories remain low. China’s regional Acetic Acid prices reached around CNY 3,500–3,800/MT by September 7–8, with East China up 8.86% WoW and North China up 9.81% WoW.
Prasol Chemicals IPO: GMP falls to ₹15; Issue Subscribed 0.57x on Day 1

Prasol Chemicals IPO: GMP falls to ₹15; Issue Subscribed 0.57x on Day 1

Prasol Chemicals IPO GMP today is ₹15, down from ₹30. Check the latest GMP trend, estimated listing price, subscription status and investor-category bids.
Tata Chemicals sets up high-level committee to decide on Kenya operations

Tata Chemicals sets up high-level committee to decide on Kenya operations

Tata Chemicals will establish a technical committee with Kenya to review regulatory issues. This committee will jointly be led by Kenyan mining officials and the subsidiary's CEO. The group will review concerns raised by the Ministry of Mining and submit a report. This development follows a recent "fruitful engagement" between officials and company executives. The committee aims to create a sustainable framework for responsible mining practices.
Vishnu Chemicals, DCX Chrome form JV for high-purity chromium plant in India

Vishnu Chemicals, DCX Chrome form JV for high-purity chromium plant in India

Vishnu Chemicals and DCX Chrome formed a joint venture to establish a high-purity chromium plant in Visakhapatnam, with Vishnu supplying chrome oxide green for the new unit.
Aarti Industries launches new multipurpose plant, calcium chloride, PEDA output

Aarti Industries launches new multipurpose plant, calcium chloride, PEDA output

Aarti Industries has launched a new multipurpose plant at its Jhagadia site, marking the debut of calcium chloride and PEDA products in India.
Sabic gets feedstock nod for new 1.8 million mt/y Jubail methanol project

Sabic gets feedstock nod for new 1.8 million mt/y Jubail methanol project

Sabic has received ministry approval for feedstock to develop a new 1.8 million mt/y methanol plant in Jubail. Meanwhile, CFR India methanol prices stood at $505/mt on September 4.
China's propylene supply to keep rising as restart wave unfolds

China's propylene supply to keep rising as restart wave unfolds

China's propylene supply is rising, with weekly output expected to reach 246,900 tonnes during September 7-13 due to restarts in Shandong. Despite this, domestic prices climbed slightly on improved downstream demand.
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