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Dow CEO: “The die is cast” from Iran war for high petrochemical prices through the end of 2026

Dow CEO: “The die is cast” from Iran war for high petrochemical prices through the end of 2026

Iran war's Strait of Hormuz closure blocks 20% global petrochemical capacity, causing price spikes and shortages through 2026. Inflation will impact industries, with Asia facing severe naphtha shortfalls while the US benefits.
India Assures Fertiliser Availability Amidst Geopolitical Tensions

India Assures Fertiliser Availability Amidst Geopolitical Tensions

India's Fertiliser Minister J P Nadda assures ample fertiliser reserves for farmers despite geopolitical tensions and West Asia war. Government diversifies import markets and bolsters supplies for the kharif season, ensuring availability.
Minister JP Nadda assures Lok Sabha that govt has ensured adequate availability of fertiliser, no need for panic

Minister JP Nadda assures Lok Sabha that govt has ensured adequate availability of fertiliser, no need for panic

Minister JP Nadda assured Lok Sabha of adequate fertilizer supply despite West Asia conflict. Government ensures availability, diversifies imports, and manages potential 0.6-0.9 million tonne production impact through imports and coordination. No panic needed.
Lotte Chemical Halts Yeosu Plant After LG Chem as 'Naphtha Shock' Spreads

Lotte Chemical Halts Yeosu Plant After LG Chem as 'Naphtha Shock' Spreads

Lotte Chemical and LG Chem halted Yeosu plant operations, with Lotte resuming May 29, due to a naphtha supply emergency from Middle East conflict, impacting the petrochemical industry.
South Korea Halts Naphtha Exports Amid Middle East Conflict

South Korea Halts Naphtha Exports Amid Middle East Conflict

South Korea imposed a 5-month ban on naphtha exports, effective Thursday, due to Middle East conflict. This redirects 11% of domestic production to stabilize supply, as 77% of imports (45% of demand) come from the region.
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]

Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]

Zinc oxide operating rates remained stable at 55.50%, up 0.14% WoW, with next week's forecast at 55.69%. End-use demand diverged across sectors, with raw material inventory declining due to cautious procurement.
Helium shortage has started impacting tech supply chains, execs say

Helium shortage has started impacting tech supply chains, execs say

A helium shortage, exacerbated by the Middle East conflict, is impacting global tech supply chains, affecting chipmaking and potentially forcing production cuts in electronics and automobiles. Qatar supplies nearly one-third of the world's helium.
Global Energy Lockdown: India's Fertilizer Output May Drop 15% as Middle East War Threatens Supply, Crisil Warns; Production at Risk Ahead of Kharif Sowing Season

Global Energy Lockdown: India's Fertilizer Output May Drop 15% as Middle East War Threatens Supply, Crisil Warns; Production at Risk Ahead of Kharif Sowing Season

India's fertilizer output may drop 10-15% due to the Middle East war disrupting raw material supplies, Crisil warns. This threatens the Kharif season and could increase government subsidies by ₹25,000 crore.
India Maintains Robust Oil and LPG Supplies Amid Regional Tensions

India Maintains Robust Oil and LPG Supplies Amid Regional Tensions

India confirms robust fuel security: 60 days of crude oil, 74 days total reserves, and one month of LPG imports secured. Domestic LPG output covers over 60% (50 TMT daily), with 800 TMT en route, dispelling shortage fears.
India's energy supply fully secure, says government; cautions against "misinformation campaign"

India's energy supply fully secure, says government; cautions against "misinformation campaign"

India's government assures fully secure petroleum and LPG supply, with 1 lakh+ outlets open, refineries at 100% utilization, and 60 days crude tied up. LPG production is up 40%. It cautions against misinformation campaigns.

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