Chemicals News Today

An Oxford Economics study finds a global virgin plastic production cap would raise prices by 8.5%, reduce household welfare by $128.4 billion, and yield less recycling than targeted collection policies.

Driven by regulatory bans, the global formaldehyde-free durable press resins market is projected to grow at a CAGR of 6.2% through 2035, with Asia-Pacific accounting for over 55% of world demand.

The ED arrested a ghee company owner for allegedly supplying Rs 96 crore worth of adulterated ghee, manufactured using palm oil and chemicals, for the Tirupati Laddu prasadam between 2019 and 2024.

Asian Styrene Monomer prices plunged by USD 60/mt, with FOB Korea at USD 1330-1340/mt and CFR China at USD 1290-130/mt, driven by weaker benzene feedstock and sluggish buying activity.

Vipul Organics' Adimem unit has successfully acquired a membrane manufacturing platform from Aquaporin, expanding its production capabilities and operations at the Sayakha facility.

Acutaas Chemicals has launched a new pilot plant in Surat featuring OEB-4 containment capabilities to manufacture high-potency active pharmaceutical ingredients.

China's polypropylene spot prices surged past Yuan 10,000/t in September, hitting a five-year high driven by soaring costs, geopolitical conflicts, and plant maintenance, despite weak end-user demand.

Asian Paints commissioned its new 150,000 metric tons/year VAE plant in Dahej, Gujarat, as part of a 32.5 billion Indian rupee project to boost captive paint manufacturing operations.

The global phosphate-based corrosion inhibitors market is projected to grow at a 3.2% CAGR from 2026 to 2035, driven by rising industrial water treatment and processing demand.

Devavrata Mafatlal of Navin Fluorine states India has the potential to become a global semiconductor hub in a decade, driven by state incentives, talent, and growing manufacturing ecosystems.