Chemicals News Today

Revenue officials traced 106.89 acres of missing land belonging to the closed Punjab National Fertilizers and Chemicals unit in Nangal, with 72 kanals found in possession of Primo Chemicals.

Bain & Company warns the global chemicals industry must close 35 million tonnes of olefin capacity by 2030 to combat overcapacity, amid widening regional divides and shifting feedstock economics.

Danantara, INA, and Chandra Asri Group completed a partnership for the CA-EDC project. The 2027 commercial operation aims to produce caustic soda and ethylene dichloride, boosting domestic manufacturing and creating thousands of jobs.

State-run OMCs issued a tender for 11 billion litres of ethanol for 2026-27, excluding sugarcane juice and syrup to protect domestic sugar supplies, a move welcomed by ISMA with some caveats.

Saudi-Houthi conflict pushed crude above $106/barrel, hiking naphtha and propylene prices. While polyolefins gained, weak demand caused MEG prices to drop 12.67%, squeezing chemical margins.

Synthetic plastics derive directly from crude oil refining and petrochemical cracking. Recent scientific findings show these materials generate reactive hydroxyl radicals upon water contact, causing biological disruption.

In Q2 2026, industrial producer prices showed mixed trends. Manufacturing excluding petroleum refining rose 0.2 percent, driven by chemical and mineral product increases, while clothing and automotive prices declined.

In Q1 2026, Morocco's manufacturing producer prices rose 0.3%, driven by gains in machinery, chemicals, and food sectors, while extractive and utility prices remained flat.

The CCPA delisted 3,940 sellers across seven platforms and imposed Rs 30 lakh in penalties for the unauthorized online sale of regulated hazardous explosive substances.

Bank of America upgraded Dow to Neutral, raising its price target to $31 and boosting Q4 EBITDA to $1.45 billion, driven by higher oil prices and improving chemical demand.