Chemicals News Today

Indian chemical markets are showing a firm-to-volatile bias as Brent rises above $105/bbl and the rupee weakens, increasing import replacement costs. China’s holiday-related data gap is limiting fresh price discovery, while Acetic Acid and Methanol show the strongest confirmed upward momentum.

Nissan Chemical is setting up a manufacturing facility in Gujarat through its joint venture to produce its new rice herbicide Ryzonic, targeting commercial rollout by 2027 and operations by fiscal 2028.

On September 28, 2026, China's futures market opened lower across major polymers: PP fell to RMB 8576/MT, LLDPE dropped to RMB 8173/MT, and PVC declined to RMB 4701/MT.

Asian Nylon 6 prices declined due to weak demand, whereas Nylon 66 prices increased driven by higher raw material costs.

Assam Petro-Chemicals Ltd partnered with Deendayal Port Authority to set up India's first port-based e-methanol plant in Gujarat, involving a Rs 2,300-crore investment and a daily capacity of 150 tonnes.

The Assam Cabinet approved a Rs. 110 billion investment by JK Lakshmi Cement for a clinker unit and four grinding units, projected to generate 2,000 direct jobs and boost regional industrial infrastructure.

Middle East crude supply normalization could take 2-3 years due to facility damage and labor shortages. Global inventories are depleting, causing refining stocks to surge while chemical stocks plunge.

The global Purified Terephthalic Acid market is projected to grow at a 3.2% CAGR from 2026 to 2035, driven by rising demand for polyester fibers and PET packaging.

The global ion exchange resins market is projected to grow at a 5.8% CAGR from 2026 to 2035, reaching a market index of 175, driven by water security, lithium recovery, and industrial demand.

Epigral targets Rs 5,000 crore revenue by FY31, driven by capacity expansions in CPVC Resin and Epichlorohydrin at Dahej, backed by a Rs 650 crore capex funded through internal accruals.