Bulletin Updates
Manali Petro shuts Plant-1 on government order — India’s only propylene glycol maker left… – Petrochemical Industry Watch, 12 Mar 2026
Mar 12, 2026
Manali Petro shuts Plant-1 on government order — India’s only propylene glycol maker left without feedstock.
Modi lays stone on Rs. 5,514 crore BPCL polypropylene plant — 400,000-tonne facility to slash India’s import bill by 2027.
Geopolitics, tariffs, and AI on the agenda — ICC’s 19th chemicals conference tackles industry’s toughest headwinds.
ADAMA’s Ateka insecticide outperforms Movento at half the dose — a systemic upgrade for growers battling sucking pests.
India invokes Essential Commodities Act to ration gas — petrochemical plants face cuts as Hormuz conflict chokes LNG supply.
Kothari Petrochemicals declares force majeure — Middle East gas disruption leaves output timeline in the dark.
PPG’s new steel primer cures in two minutes — waterborne tech that could upend fabrication economics.
BPCL’s Rs. 1.03 lakh crore Nellore refinery faces backlash — opponents warn of cancer risk and displacement of four villages.
KBR wins seven-year SATORP maintenance contract — a decade of trust extended to Saudi Arabia’s Jubail expansion.
Asian crackers cut rates to 50–60% as Hormuz blockade bites — naphtha may run out in two weeks.
Chandra Asri sweeps FinanceAsia awards — $1 billion sustainability loan and Best M&A signal rising global confidence.
Korea’s naphtha stocks: just two weeks — ethylene cuts spread as Hormuz crisis threatens to freeze the plastics supply chain.
POSCO Future M turns methane into battery graphite — a process that could cut anode costs by 40% and emissions by 82%.
Maharashtra CM pitches plug-and-play chemical hubs — new policy to make the state a global chemicals powerhouse.
CHEMEXCIL appoints Vishal Ganju as executive director — fresh leadership for India’s chemicals export council.
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