Chemicals News Today

Uralchem, RCF, NFL, and IPL signed an MoU to build a 1.8-2 million tonne annual capacity urea plant in Russia. Indian companies will finance the project, deepening cooperation in the strategic fertilizer market.

Bhopal entrepreneur Yasholta Singh transforms cow dung into eco-friendly Vedic paint and putty. This non-toxic, thermal insulating, BIS-certified product dries in 4 hours, offers zero radiation, and employs over 50 women, promoting a green future.

Shanghai Huayi Chemical has scaled down operating rates at its Ethyl Acetate plant in Wuwei, Anhui, China. The unit, which has an annual capacity of 200,000 tons, is currently running below normal load levels.

SABIC has declared Force Majeure on Low Density Polyethylene (LDPE) deliveries from its Wilton, UK unit following a power outage on December 3, 2025. The plant, with an annual capacity of 400,000 tons, has suspended supply until further notice.

PE and PP markets are currently assessed as stable to slightly weaker on the international front. Indian importers have slowed down their buying activity, primarily due to the recent fall in the Indian Rupee, impacting import cost viability. Meanwhile, open market prices are expected to firm up by ₹1–2/kg, as domestic producers appear less inclined to roll out early bird or promotional schemes, indicating restrained supply-side support and a possible price sentiment recovery.

India's Unison Metal is set to build a new sodium silicate plant at Dhamatwan, marking a significant expansion in its industrial operations.

Mainland China's caprolactam producers have agreed to cut production. This decision aims to tackle issues of overcapacity and low prices in the market.

Lotte Chemical is reviewing options for its Indonesia subsidiary after its 1 MMt annual ethylene capacity olefins complex started operations in October. Details are expected within a month.

Chinese LDPE prices hit a two-year low due to capacity expansions and sluggish demand. The downtrend is expected to continue until 2026, with 4 MMt of new capacity coming online, further impacting the market.

ONGC and Petronet LNG signed a 15-year deal for ethane handling services at Dahej, Gujarat. Commencing FY2028-29, the Rs 5,000 crore agreement secures 600,000 TPA capacity for ONGC's OPaL, expanding PLL's business beyond LNG.