Chemicals News Today

Osaka Organic Chemical reported sales growth and strong performance across segments for the fiscal year ended Nov. 30, 2025. The acrylic ester group notably recovered in sales, driven by demand for automotive paints.

Kureha announced a price increase for sodium hypochlorite to cover rising expenses associated with maintaining its aging production facilities.

Tanfac Industries secured a seven-year, $261 million deal to supply fluorinated chemicals to a Japanese customer, ensuring significant revenue stability. The agreement was announced on January 15, 2026.

China's octanol designed capacity is projected to reach 4,685,000 tonnes in 2026, an increase of 960,000 tonnes. This surge will create a supply surplus, intensifying market competition and pressuring producer profits.

Propylene prices in China moved sharply higher as supply tightened following a drop in PDH operating rates. Several propane dehydrogenation units were taken offline, notably Jinneng Chemical and Wanhua Chemical (Penglai), which significantly reduced domestic propylene availability. Wanhua (Penglai) shut down its 900,000 tpa PDH unit on January 13, further aggravating the supply crunch and lending strong upward momentum to propylene prices.

China's daily-use injection molding PP prices surged in January 2026, driven by bullish policies and supply reduction, despite weak end demand. This broke a previous downtrend.

China's MX demand growth will slow from 2026-2030 due to decelerating downstream expansion. New PX capacity (8.50M t/y) won't offset a 33.64M tonne gasoline consumption drop, shifting demand to chemical products.

Onix Renewable signed an MoU with Gujarat for a INR 10,000 crore green ammonia plant (1,500 jobs by 2028) and INR 476 crore PM-KUSUM solar/cable projects (880 jobs by 2026), boosting state's renewable energy.

Essar Future Energy plans a Rs 51 billion biofuel complex in Gujarat, processing 1 million tonnes/annum by 2029. It will create 350 jobs, offering clean fuel for transport, aiding India's energy transition.

China's 1,4-Butanediol (BDO) exports are expected to drop short-term due to the European Commission's provisional anti-dumping duty (disclosed Jan 8) and the abolishment of VAT export rebates.