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Mexico's petrochemical firms cash in on Middle East supply crunch

Mexico's petrochemical firms cash in on Middle East supply crunch

Mexican petrochemical firms Alpek and Orbia reported soaring Q2 earnings, driven by Middle East supply disruptions. Orbia's plastics EBITDA rose 82% to $144 million, while Alpek's quadrupled to $407 million.
CPI(M) Ernakulam district secretary accuses State govt., MP of inaction over FACT crisis

CPI(M) Ernakulam district secretary accuses State govt., MP of inaction over FACT crisis

CPI(M) accused the State government and MP of inaction over FACT's financial crisis. The firm employs over 3,000 people and requires timely subsidies and approval for ₹6,350-crore expansion projects.
India halts sulfur export to decrease availability

India halts sulfur export to decrease availability

India has halted sulfur exports to prioritize domestic fertilizer production amid tightening global supply and Middle East conflicts, impacting major exporters like Reliance Industries.
Fertiliser industry seeks hike in subsidy rate for Kharif season due to rising raw material cost

Fertiliser industry seeks hike in subsidy rate for Kharif season due to rising raw material cost

The Fertiliser Association of India has requested an increase in government subsidy rates for the Kharif season, citing rising raw material costs driven by ongoing conflict in West Asia.
GAIL and RCF sign MoU for setting up gas-based fertilizer project in Maharashtra

GAIL and RCF sign MoU for setting up gas-based fertilizer project in Maharashtra

GAIL and RCF have partnered to establish a new gas-based fertilizer project in Maharashtra through a Special Purpose Vehicle, boosting regional industrial growth.
China Bazaar Futures Opening Alert

China Bazaar Futures Opening Alert

China Bazaar futures opened lower for PP at 8098 RMB/MT and LLDPE at 7602 RMB/MT, while PVC opened higher at 4500 RMB/MT on July 29, 2026.
Feedstock Offers Update

Feedstock Offers Update

Latest feedstock offers update for July 29, 2026, details price movements for petrochemicals including Naphtha at $820, Propylene, Ethylene, Styrene, PTA at $865, and MEG at $650 across global markets.
Germany’s BASF Q2 income surges on one-off gains, higher prices, sales volumes

Germany’s BASF Q2 income surges on one-off gains, higher prices, sales volumes

BASF reported a surge in Q2 net income to €4.1 billion, driven by one-off gains from asset sales, higher prices, and increased sales volumes, prompting an upgraded full-year EBITDA forecast.
[SMM Flash] Russia Lifts Rail Transit Ban on Kazakh Sulfur Exports

[SMM Flash] Russia Lifts Rail Transit Ban on Kazakh Sulfur Exports

Russia lifted its rail transit ban on Kazakh sulfur exports, easing logistics costs. Kazakhstan exports over 4 million tonnes annually, mostly through Russian ports, restoring normal trade routes.
Ineos Phenol declares force majeure on phenol, acetone supply

Ineos Phenol declares force majeure on phenol, acetone supply

Ineos Phenol declared force majeure on phenol and acetone supplies and implemented sales allocation following a recent refinery fire in Germany that disrupted feedstock supplies to European petrochemical plants.

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