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Chemicals News Today

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Ethanol E20 petrol set to reduce crude oil imports

Ethanol E20 petrol set to reduce crude oil imports

Latest Market News Of Chemicals

Daily Report News

India’s fertilizer security remains robust; supplies exceed demand across all major nutrients, says government

India’s fertilizer security remains robust; supplies exceed demand across all major nutrients, says government

India's fertilizer security remains robust, with supplies exceeding demand for all major nutrients. The government secured 2.5 million mt urea via global tenders, ensuring strong supply diversification and continued stability.

1116

India’s Tanfac Industries secures $134M supply deal for fluorinated chemicals

India’s Tanfac Industries secures $134M supply deal for fluorinated chemicals

India's Tanfac Industries secured a five-year supply deal worth $134 million for fluorinated chemicals. This significant contract highlights the company's growth in the chemical sector.

1020

India’s HOCL restarts phenol, cumene production following force majeure shutdown

India’s HOCL restarts phenol, cumene production following force majeure shutdown

India's HOCL Kochi has restarted its phenol and cumene production plants following a force majeure shutdown. Feedstock supply has normalized, allowing the resumption of operations.

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India to import 64 LT urea, 19 LT of other fertilisers in kharif season despite high global prices

India to import 64 LT urea, 19 LT of other fertilisers in kharif season despite high global prices

manufacturing.economictimes.indiatimes.com

India will import 64 LT urea and 19 LT other fertilizers for kharif season despite high global prices. Retail prices remain unchanged. Domestic production improved, ensuring strong supply and stable fertilizer security.

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India plans to purchase fertilizers and raw materials

India plans to purchase fertilizers and raw materials

worldfertilizer.com

India's Ministry of Chemicals and Fertilizers recommends a three-month collective purchase of fertilizers and raw materials by companies. This aims to secure supply and competitive pricing, with IPL already tendering for 1.6 million t of DAP/TSP.

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Vipul Organics' subsidiary AdiMem Technologies launches commercial membrane sales

Vipul Organics' subsidiary AdiMem Technologies launches commercial membrane sales

indianchemicalnews.com

Vipul Organics' AdiMem Technologies launched commercial membrane sales, targeting 25% of its topline from water treatment solutions in 3 years. Manufacturing RO/UF membranes in Sayakha, it aims for significant growth in the USD 6.33 billion India filtration market.

ONGC Merges Petrochemicals to Boost Profit and Cut India's Imports

ONGC Merges Petrochemicals to Boost Profit and Cut India's Imports

ONGC formed a 50:25:25 JV with MRPL and OpaL to merge petrochemical marketing. This aims to boost profit, cut India's 45% import reliance, optimize costs, and enhance revenue, aligning with national self-sufficiency goals.

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Lanxess inaugurates new lubricant additives manufacturing plant

Lanxess inaugurates new lubricant additives manufacturing plant

motownindia.com

Lanxess inaugurated a new lubricant additives plant in Jhagadia, Gujarat, strengthening its presence in India, the world's third-largest lubricants market. This investment supports "Make in India" and serves domestic and international markets.

1214

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

Global Naphtha supply chain fracturing, with prices hitting a two-year high. This impacts plastics, textiles, and fertilizers, causing inflation and force majeure. India's Russian imports surged to 50%.

Monoethylene glycol (MEG) prices decline in Asia on subdued demand and weaker feedstock costs

Monoethylene glycol (MEG) prices decline in Asia on subdued demand and weaker feedstock costs

polymerupdate.com

Monoethylene glycol (MEG) prices are declining in Asia due to subdued demand, economic uncertainties, and weaker feedstock costs. Buyers remain hesitant, impacting suppliers.

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