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Chemicals News Today

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HOCL shuts down hydrogen peroxide plant on rising costs, weak demand

HOCL shuts down hydrogen peroxide plant on rising costs, weak demand

HOCL temporarily shut its Kochi hydrogen peroxide plant (5,225 mt/y capacity) due to rising raw material costs and weak market demand, halting production.

126

Hanwha Solutions to cut PVC operating rates

Hanwha Solutions to cut PVC operating rates

Hanwha Solutions will cut PVC operating rates from 80% to 60%-70% mid-June due to negative margins, affecting 800,000 metric tons/year capacity. PVC prices dropped $40-$90/mt.

Will this coal bet pay off?

Will this coal bet pay off?

India's $5 billion coal gasification bet, allocating 100 million tonnes and offering ₹46,000 crore incentives, aims to reduce import dependence and attract ₹4 trillion investments despite high costs and environmental concerns.

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Dep Min on Plastic Imports: Blanket ban would affect industries

Dep Min on Plastic Imports: Blanket ban would affect industries

Deputy Minister confirms no blanket ban on plastic imports to protect industries. Government focuses on waste management, drafting a new law with Extended Producer Responsibility, aiming for companies to recover 80-90% of plastic used.

Asia top stories – weekly summary

Asia top stories – weekly summary

Asia's markets see GDP growth slowing to 4.2% by 2026, with petrochemicals facing soft demand, oversupply, and surging freight rates. China's trade surplus reached $105.4 billion, yet regional markets slump amid cautious buying.

Europe top stories: weekly summary

Europe top stories: weekly summary

Geopolitical events, including the Iran war and Hormuz disruption, are testing chemical and fertilizer markets. China's olefin derivative net exports rose over 2 million tonnes in April, while aerospace epoxy demand shows resilience despite headwinds.

UPDATE: Oil prices slump, Asia chemical shares rally on US-Iran deal

UPDATE: Oil prices slump, Asia chemical shares rally on US-Iran deal

The US-Iran deal caused oil prices to slump (Brent -4.40%, WTI -5.03%) but boosted Asian chemical shares (e.g., Mitsui +5.97%) and regional indices. The Strait of Hormuz reopening is expected, with a 60-day negotiation period for a final agreement.

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The Case of Flex-Fuel Vehicles in India’s Energy Transition

The Case of Flex-Fuel Vehicles in India’s Energy Transition

openthemagazine.com

India's energy transition embraces flex-fuel vehicles (FFVs) alongside EVs, aiming to cut 85% oil import dependence and boost rural economy via ethanol (up to E85). This pragmatic approach addresses unique challenges.

IGC plans for long-term gas growth

IGC plans for long-term gas growth

omanobserver.om

IGC plans for Oman's long-term gas growth, managing rising demand from industry, petrochemicals, and urban development. They optimize supply, prioritize high-value use, and expect sustained growth over 2-3 years, aligning with Vision 2040 and Net Zero 2050.

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World Weathering Protection Stain - Market Analysis, Forecast, Size, Trends and Insights

World Weathering Protection Stain - Market Analysis, Forecast, Size, Trends and Insights

The global weathering protection stain market, driven by electrical infrastructure maintenance, is forecast to grow 4.0-5.5% annually through 2035. Premium waterborne stains will dominate, with developing markets showing higher growth.

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