Chemicals News Today

Pricing power, high switching costs, and deeply embedded customer relationships give these firms a competitive moat.

Soybean futures dropped below $11.8/bushel, retreating from a seven-week high hit May 4. Improved South American supply countered stronger biofuel demand, leading to the decline.

Shares of Hubei Dinglong more than doubled in the past year, making cofounder Zhu Shuangquan and his younger brother Shunquan the latest members of the billionaire club.

Dorf-Ketal Chemicals India has acquired Vasu Chemicals' water treatment business. This move marks Dorf-Ketal's entry into India's industrial water treatment sector. Vasu Chemicals is a leading provider of water treatment solutions. The acquisition aims to expand Dorf-Ketal's specialty chemical offerings. It also seeks to strengthen customer relationships and build a scalable platform for growth in water treatment.

China Sunsine Chemical posted higher revenue despite Q1 margin pressure. The company anticipates an Average Selling Price (ASP) increase next quarter, aiming to alleviate margin squeeze.

SRF has indefinitely delayed its BOPP film project, citing changes in the operating environment. This decision impacts the company's planned expansion in the film sector.

Polyvinyl chloride (PVC) prices surged in Europe due to firm demand and strong trading momentum. Spot prices rose by Euro 100/mt, and contract prices increased by Euro 20/mt, despite some feedstock price drops.

Eurobond launched Euro Sealant, entering India's Rs. 4,936 crore sealants market by 2031. This diversification beyond ACP aims to capture the booming construction industry, strengthening its position as a one-stop solution provider.

Mumbai, May 08, 2026: L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha.

Sanctions on Iran's steel and petrochemical industries are projected to cause significant economic repercussions. This initial evaluation forecasts disruptions, job losses, GDP pressure, and inflation, straining the national budget and impacting related sectors.