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Chemicals News Today

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India-US deal brings relief to nutraceutical exports after customers cut orders and inventories

India-US deal brings relief to nutraceutical exports after customers cut orders and inventories

India-US trade deal on Feb 2 cuts nutraceutical export tariffs from 50% to 18%, bringing relief to the $1 billion industry. This addresses US customer order cuts and delays, boosting a sector providing livelihoods.
AMD estimates 13.15 million tonne monazite in beach sand deposits across 8 States: Reddy

AMD estimates 13.15 million tonne monazite in beach sand deposits across 8 States: Reddy

AMD estimates 13.15 million tonnes of monazite in beach sands across 8 states, containing 7.23 million tonnes of rare earth oxides. Additional 1.29 million tonnes found in hard rocks, highlighting India's rare-earth potential.
India Budget 2026: Chemical Parks, Textile Hubs, Rare Earth Corridors to Boost Domestic Manufacturing

India Budget 2026: Chemical Parks, Textile Hubs, Rare Earth Corridors to Boost Domestic Manufacturing

India's Budget 2026 targets domestic manufacturing with ₹6B for chemical parks, mega textile hubs, and rare earth corridors. Infrastructure spending rises 8.8% to ₹12.2T, aiming for 6.8–7.2% GDP growth and supply chain resilience.
Methanol Market Update: India Quiet, China Prices Rise; MTO Margins Weigh, Iran Restart Uncertain

Methanol Market Update: India Quiet, China Prices Rise; MTO Margins Weigh, Iran Restart Uncertain

India's methanol market is quiet due to a wide bid-offer gap. China prices rose despite ample stock. Weak MTO margins caused two plant shutdowns, while Iran's restart remains uncertain amid US tensions, impacting global supply.
Jindal Raises BOPP Film Prices; Supreme Increases GPPS and HIPS Rates

Jindal Raises BOPP Film Prices; Supreme Increases GPPS and HIPS Rates

Jindal Poly Films hiked BOPP film prices by ₹3-4/kg from Feb 2, 2026. Supreme Petrochem also increased GPPS and HIPS rates by ₹3/kg from Feb 1, 2026, impacting packaging and consumer goods sectors.
Union Budget 2026-27: India cuts import duty on vinyl chloride to 7.5%

Union Budget 2026-27: India cuts import duty on vinyl chloride to 7.5%

India's Union Budget 2026-27 cut vinyl chloride import duty to 7.5% from 10% to boost domestic PVC production. This aims to reduce input costs, supporting Aatmanirbhar Bharat. India's 2024 VCM market was 795,120 tonnes, with imports valued at US$357.31 million.
Maharashtra Government Bans ‘Comfort’ Agarbatti Over Use Of Excessive Unapproved Chemicals

Maharashtra Government Bans ‘Comfort’ Agarbatti Over Use Of Excessive Unapproved Chemicals

Maharashtra banned 'Comfort' agarbatti by Dhoop Chhav Company for using unapproved Dimefluthrin. HICA welcomed the action against illegal mosquito repellents, urging consumers to buy CIBRC-approved products.
Consumers struggle despite Oil Corporation’s claim of ‘adequate’ gas supply

Consumers struggle despite Oil Corporation’s claim of ‘adequate’ gas supply

Kathmandu faces severe LPG shortage, with consumers struggling despite official claims. Industry blames winter demand, technical issues, and panic buying, promising resolution within 4-10 days, as imports are 42,000-43,000 tonnes vs 47,000-48,000 needed.
Petrochemical News - Solvent MX prices spike in Europe

Petrochemical News - Solvent MX prices spike in Europe

Solvent MX prices have significantly increased in Europe as of February 2, 2026, according to recent market reports.
Congress MP Flags PFAS Chemical Plant In Ratnagiri, Seeks Probe Into Permissions

Congress MP Flags PFAS Chemical Plant In Ratnagiri, Seeks Probe Into Permissions

Congress MP raised concerns over a PFAS chemical plant in Ratnagiri using machinery from a banned Italian firm. Linked to cancer, these 'forever chemicals' lack clear Indian rules. Trial runs are ongoing; MPCB is investigating permissions and potential risks.

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