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Chemicals News Today

Latest Market News Of Chemicals

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Epoxy Resin Market is expected to generate a revenue of USD 21.37 Billion by 2032, Globally, at 5.9% CAGR: Verified Market Research®

Epoxy Resin Market is expected to generate a revenue of USD 21.37 Billion by 2032, Globally, at 5.9% CAGR: Verified Market Research®

The global epoxy resin market, valued at USD 13.50 billion in 2024, is projected to reach USD 21.37 billion by 2032, growing at a CAGR of 5.9%. Growth is driven by rising demand in construction, automotive, and electronics sectors.
Petrochemicals and Customs on the Downward Path of Exports

Petrochemicals and Customs on the Downward Path of Exports

Iran's non-oil exports declined in Q1 2024, totaling $11.655 billion, down 14.4% year-on-year. Petrochemical exports also fell by 24.5% to $4.684 billion.
June ASA Prices Drop Amid Weak Demand and Global Market Pressures

June ASA Prices Drop Amid Weak Demand and Global Market Pressures

June 2025 saw ASA prices fall in South Korea and the U.S. due to weak demand from housing and auto sectors, lower feedstock costs, and global market pressures. South Korea's construction sector continued to struggle with a CBSI of 73.5.
India Pushes Port Upgrades to Boost Chemical Export Capacities by 2030

India Pushes Port Upgrades to Boost Chemical Export Capacities by 2030

India plans to double chemical exports to $75-80 billion by 2030. The plan includes port upgrades, new production zones, and incentives for specialty chemicals.
Global Nylon 66 Chips Market to reach USD 7.37 billion by 2031, Growing at 1.7% CAGR

Global Nylon 66 Chips Market to reach USD 7.37 billion by 2031, Growing at 1.7% CAGR

The global Nylon 66 Chips market is projected to reach USD 7.37 billion by 2031, growing at a CAGR of 1.7% from USD 6.55 billion in 2024, driven by automotive, textile, and electronics sectors.
DoP again extends timeline for submitting applications under PLI Scheme for pharma sector

DoP again extends timeline for submitting applications under PLI Scheme for pharma sector

The Indian government extended the deadline for applications under the Production Linked Incentive (PLI) Scheme for pharmaceuticals to July 21, 2025. The scheme targets critical KSMs/Drug Intermediates and APIs, with available capacity for several products.
CAM, Crawford Bayley advise Indian-Italian JV for specialty thermoplastics

CAM, Crawford Bayley advise Indian-Italian JV for specialty thermoplastics

Lati Industria Termoplastici S.p.A. acquires the engineering plastic compounds division of Loxim Industries Limited via a joint venture with 51% and 49% stakes respectively.
Benzene Prices Weaken as Global Supply Outlook Softens; Iran Plans More Oil Output

Benzene Prices Weaken as Global Supply Outlook Softens; Iran Plans More Oil Output

Benzene prices dropped to $714/MT on July 4 in Korea due to weak naphtha values and increased oil production from Iran, impacting global supply.
 Naphtha Prices Plunge to 13-Month Low on Crude Oil Slump and Oversupply Concerns

Naphtha Prices Plunge to 13-Month Low on Crude Oil Slump and Oversupply Concerns

Asian naphtha prices hit a 13-month low of $545/ton, down 6%, due to falling crude oil prices and oversupply concerns fueled by OPEC+'s 548,000 BPD production increase.
Lotte Chemical Units Ink RM12.69 Billion Ethylene Supply Deal In Indonesia

Lotte Chemical Units Ink RM12.69 Billion Ethylene Supply Deal In Indonesia

Lotte Chemical Titan Nusantara signed a 10-year, RM12.69 billion deal with PT Lotte Chemical Indonesia for 350,000 metric tonnes of ethylene annually starting September 1, 2025.

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