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Chemicals News Today

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Inputs prices begin to correct as War tension eases

Inputs prices begin to correct as War tension eases

Easing US-Iran tensions are correcting pharmaceutical input prices, offering relief to drugmakers after 20-50% API price spikes and supply disruptions. Industry monitors petrochemicals, expecting normalisation in months, supported by government waivers.
Warkari groups oppose proposed conservation work on Vitthal-Rukmini idols

Warkari groups oppose proposed conservation work on Vitthal-Rukmini idols

Warkari groups oppose proposed chemical conservation of Pandharpur's Vitthal-Rukmini idols (June 23-24), citing concerns over epoxy/silicone use, previous treatment effectiveness (4-5 years vs. decade claim), and alleged damage. They demand transparency and threaten legal action.
Monocrotophos: Why is this poison still allowed in India?

Monocrotophos: Why is this poison still allowed in India?

India allows monocrotophos, a highly hazardous pesticide banned in 112 countries. WHO classifies it Class Ib. Tragedies include 23 children (2013) and 20 farmers (2017) dying. Regulatory loopholes persist despite restrictions, raising health concerns.
Petrochemical prices to stay elevated post Hormuz reopening, mixed outlook ahead

Petrochemical prices to stay elevated post Hormuz reopening, mixed outlook ahead

Petrochemical prices stay elevated. Fertiliser/methanol resilient, but olefins face oversupply. PCG plans speciality chemicals expansion and higher dividends by 2026, despite PPC's RM1.2 billion annual losses. CIMB maintains Hold rating.
NIT Rourkela Develops Cost-Effective Technology for Treating Toxic Industrial Waste

NIT Rourkela Develops Cost-Effective Technology for Treating Toxic Industrial Waste

NIT Rourkela developed a cost-effective technology using ceramic adsorbents from industrial by-products to treat toxic wastewater. It achieves over 95% dye removal, costing ₹25-₹50/kg, offering a sustainable solution.
JSW Dulux aims for top 2 position in decorative paints after Akzo buy

JSW Dulux aims for top 2 position in decorative paints after Akzo buy

JSW Dulux, post Akzo Nobel India acquisition, targets a top-two position in India's decorative and industrial paints market. Driven by aggressive expansion, brand investments, and manufacturing capabilities, the company leverages the Dulux brand and JSW Group's strength for significant growth.
Odisha to get India’s first commercial coal gasification project worth Rs 25000 crore in Jharsuguda

Odisha to get India’s first commercial coal gasification project worth Rs 25000 crore in Jharsuguda

Odisha will get India's first commercial coal gasification project worth Rs 25,000 crore in Jharsuguda, producing ammonium nitrate. Additionally, Rs 732 crore railway multi-tracking projects will enhance connectivity, boosting industrial growth and infrastructure in the state.
Kamdhenu Paints enters premium wood coatings segment with Rs. 20 crore manufacturing investment

Kamdhenu Paints enters premium wood coatings segment with Rs. 20 crore manufacturing investment

Kamdhenu Paints invested Rs. 20 crore in a new Rajasthan facility to enter the premium wood coatings segment. This strategic move targets India's rapidly growing market, projected to reach Rs. 1.29 billion by 2030, aiming for significant revenue growth.
NCB launches voluntary code for chemical industry

NCB launches voluntary code for chemical industry

NCB launched a Voluntary Code of Conduct for the chemical industry, urging 250+ manufacturers and traders to aid in preventing diversion of chemicals for illicit drug production, fostering public-private partnership for a 'Nasha Mukt Bharat'.
Funds remain heavily bullish on soybean oil as July/Dec inversion nears 2022 levels

Funds remain heavily bullish on soybean oil as July/Dec inversion nears 2022 levels

Managed Money traders remain heavily bullish on soybean oil, holding 131,436 net long contracts as of June 9, despite liquidating nearly 25,000 contracts. July/Dec inversion nears 2022 levels.

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