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Chemicals News Today

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Libyan cracker set to remain offline until mid-March

Libyan cracker set to remain offline until mid-March

Libya’s cracker is expected to stay offline until mid-March after shutting down in early February. The outage has disrupted the production of olefins and derivatives, including HDPE.
Chemical demand expected to rebound in FY’26 after hitting low in FY’25

Chemical demand expected to rebound in FY’26 after hitting low in FY’25

India's chemical industry anticipates recovery in FY25-26, driven by domestic demand and exports. Global challenges persist due to China's oversupply. Profit margins expected to see moderate improvement.
Global Steel Plate Markets Show Mixed Signals as US Announces Price Hikes

Global Steel Plate Markets Show Mixed Signals as US Announces Price Hikes

Global steel plate prices show mixed trends. Germany stabilizes after a 1% dip, China and Japan hold steady, while US prices rise following Nucor Corp.'s hike. Global steel demand projected to grow 2.5-3.5%.
Balaji Amines Q3 FY25 consolidated PAT drops to Rs. 31 Cr

Balaji Amines Q3 FY25 consolidated PAT drops to Rs. 31 Cr

Balaji Amines Q3 FY25 consolidated PAT dropped to ₹31 crore (from ₹56 crore in Q3 FY24) as revenue dipped to ₹321 crore (from ₹392 crore). EBITDA margin also decreased to 17% from 21%.
A reliable storage option that needs attention: Off- River pumped hydro power

A reliable storage option that needs attention: Off- River pumped hydro power

India's renewable energy capacity is 43%, targeting 50% by 2030 and 100% by 2050. Off-river pumped hydropower storage (ORPHS) is emerging as a cheaper, reliable solution, costing ₹4 crore/MW vs ₹6 crore/MW for river-based hydro.
Briefs: National Fertilizers and DFPCL

Briefs: National Fertilizers and DFPCL

National Fertilizers will hold 18% equity in a new ammonia-urea complex in Assam. Deepak Mining Solutions increased its stake in Platinum Blasting Services to 85% for ₹64.10 crore.
Shree Pushkar reports Q3 FY25 PAT higher at Rs. 16 Cr

Shree Pushkar reports Q3 FY25 PAT higher at Rs. 16 Cr

Shree Pushkar Chemicals & Fertilisers reported Q3 FY25 PAT at Rs. 16 crore, a 109% YoY increase. Revenue rose 24% to Rs. 217 crore, driven by strong fertilizer division performance.
IMCD showcases ‘Skinification’ trend at HPCI India 2025

IMCD showcases ‘Skinification’ trend at HPCI India 2025

IMCD India showcases 'Skinification' at HPCI India 2025, applying skincare tech to hair, scalp, sun, and color cosmetics. They offer innovative formulations like powder-to-cream and cream-to-powder.
Overview of Zinc Oxide Orders Across Sectors: Will End-Use Consumption Regain Momentum?

Overview of Zinc Oxide Orders Across Sectors: Will End-Use Consumption Regain Momentum?

Zinc oxide plants in China resumed operations after a 20-day New Year break. While tire orders are recovering, ceramics and feed sectors are slow, with concerns about export tariffs and hog inventory policies.
Taita Chemical Runs ABS Units at Reduced Rates

Taita Chemical Runs ABS Units at Reduced Rates

Taita Chemical's ABS unit in Kaohsiung, Taiwan, is running at 70-80% capacity. The 100,000-ton/year facility's reduced output reason remains undisclosed.

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