Chemicals News Today

PI Industries plans to launch two new proprietary agrochemical molecules over the next five years, following its breakthrough development of India's first indigenously discovered insecticide, Pioxaniliprole, boosting R&D-led growth.

LG Chem is investing $1.9 billion to shift production from commodity chemicals to semiconductor-grade isopropyl alcohol, creating high-purity supply opportunities for chipmakers and inspiring domestic development in emerging manufacturing sectors.

India's food bleaching agent demand is projected to grow through 2035, driven by edible oil refining and a shift toward clean-label enzymatic alternatives, creating specialty chemical opportunities.

India's specialty chemical manufacturers face new opportunities through 2035 as rising demand for bio-based solvents like methyl decanoate and fragrance ingredients drives sustainable industrial growth despite feedstock volatility.

India must shift from generic finishing to complex molecules like oral GLP-1s, oligonucleotides, ADCs, and radiopharmaceuticals to reduce import dependence, unlock export-ready growth, and capture high-value specialty chemical markets.

Global ammonia prices rose across all benchmarks between October 22 and 30, driven by tight supply and seasonal demand. Caribbean cargoes surged 6.7% to $0.540/kg, while India saw a restrained 1.0% increase.

The Union Cabinet approved major measures including ₹12.6 lakh crore in Mudra loans, ₹62,370 crore in fertilizer subsidies, the Noida Metro extension, and the Yuge Yugeen Bharat Museum.

The Long Son petrochemical complex plans to resume operations in Q2 2027 following a $500 million renovation project to integrate ethanol use and enhance supply chain stability.

Ascend Performance Materials showcased its Starflam X-Protect technology at the India EV Conclave 2026, offering advanced cross-linked polyamides to enhance battery thermal safety and localise manufacturing.

India proposes a ₹7,000 crore bulk drug scheme to reduce 73.7% Chinese import dependence by expanding domestic production, supporting existing plants, and funding research to ensure long-term affordability and supply security.