Chemicals News Today

Sumgait will inaugurate Azerbaijan's first potassium sulfate fertilizer plant in November 2026. With a 40,000-tonne capacity, it targets 10,000 tonnes domestically and 30,000 tonnes for export, creating 50 jobs with a 10.2 million manat investment.

The global modacrylic fiber blended yarn market is projected to grow at a 4.2% CAGR from 2026 to 2035, driven by arc flash safety mandates, cleanroom demand, and EV battery applications.

CSIR-IICT developed India's first indigenous process for eco-friendly refrigerant HFO-1234yf, aiming to reduce import dependence, cut hydrofluorocarbons by 85% by 2047, and boost self-reliance in advanced manufacturing.

Visakhapatnam will host the 31st CII Partnership Summit on November 12-13, 2026, focusing on technology, green energy, and petrochemical investments, alongside a new real-time online industrial incentive transfer mechanism.

In August 2026, Finnish industrial turnover rose 11.8% year-on-year, driven by strong growth in the chemical, electronic, and metal sectors, offsetting declines in mining and energy.

The global petrochemicals market is projected to grow from $726.17 billion in 2025 to $970.32 billion by 2030, driven by rising demand for synthetic materials, plastics, and decarbonization technologies.

Union Minister Sarbananda Sonowal flagged off Upper Assam's first foreign cargo shipment carrying 540 tonnes of methanol from Dibrugarh to Bangladesh, reviving historic river trade after 70 years.

The UK Environment Agency set an 83% threshold for 2026 plastic packaging recycling obligations to prevent enforcement actions, calming soaring Packaging Recovery Note prices driven by data shortfalls.

The US sanctioned 10 entities, six individuals—including five Indian nationals—and five vessels over the illicit trade of Iranian petroleum and petrochemical products worth millions.

State-owned PT Pupuk Indonesia plans to build and revitalize eight industrial plants over five years to boost food security, backed by a strong H1 2026 net profit of Rp8.51 trillion.