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Drug prices in Gujarat are spiking 90%. Blame the war. – Global News Digest, 31 Mar 2026

Mar 31, 2026

When the war hit the factory floor

War in West Asia is cracking India's petrochemical backbone

Drug prices in Gujarat are spiking 90%. Blame the war.

Korea bought Russian naphtha again — for the first time in four years

Indonesia's plastics industry is running out of raw material — and alternatives

Your plastic bucket now costs 30% more. The war explains why.

Half of Gujarat's plastic units have shut. The rest won't last a month.

Deals that redrew the map

Lotte Chemical breaks itself apart to survive the oversupply storm

Taiwan's CPDC moves to swallow Kaohsiung Monomer whole

Mitsubishi Chemical walks away from Taiwan as the MMA glut bites

INOX Air Products is heading for a $1 billion Mumbai IPO

India's industrial moment

Thermax lands a Rs.1,600 crore boiler deal — its biggest in years

Mithapur breaks the million-tonne barrier

The plasticizer plant is built. Now the clock starts.

India just signed a 70,000-tonne green ammonia deal — and it's only the beginning

Sunshield cleared its debt and earned a better credit score

UPM is betting on north India with a new hub near Delhi

The green reckoning

Röhm closes the loop: waste PMMA becomes virgin-quality MMA

Dow's carbon ledger just won a global tech prize

Europe moves to ban forever chemicals. The industries that use them are next.

plastic waste is becoming paychecks and cleaner streets

Numbers that moved markets

US plastic output fell in February — but the full year still looks solid

Croda's scent business hit €380M — and it's not done growing

Borealis built a cable sheath that won't catch fire

Trophies on the shelf

UPL won three global awards just for telling its story well

Cosmo Films took three packaging trophies in a single evening

The ballot and the crop

Rahul Gandhi's rubber promise: Rs.250 a kg if UDF wins Kerala

Mark your calendar

Surat opens its doors for plastics — right in the middle of a supply crisis

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