India mandates 40 percent recycled PET in food packaging – Global News Digest, 2 Apr 2026

Geopolitics & supply chain

Pharmexcil warns solvent shortages could disrupt India’s medicine supply

Coal gasification pitched as answer to India’s petrochemical import burden

Odisha coal chemicals project marks major step in import substitution

India waives petrochemical import duty to ease West Asia disruption

LPG shortage pushes India’s textile industry to the brink

Pricing & markets

Recycling rules spark sharp rally in Ganesha Ecosphere shares

Tyre makers raise prices as crude costs squeeze margins

Accidents & safety

Deadly blast hits Russia’s key petrochemical and synthetic rubber complex

Industry deals & M&A

BASF buys AgBiTech to strengthen biological crop protection portfolio

Merck expands bioprocessing portfolio with JSR chromatography business buy

Sumitomo accelerates plastics restructuring amid Japan petrochemical consolidation

Packaging & sustainability

India mandates 40 percent recycled PET in food packaging

New plastic packaging rules make recycled content mandatory

Plastic waste rules face criticism over pollution and burn loopholes

AI project targets stronger and more reliable recycled plastics

Regulation & policy

India mandates 40 percent recycled PET in food packaging

Centre tightens recycled plastic rules for packaging producers

Experts warn new plastic rules could worsen air quality

Capacity expansion / projects

Unitop commissions new ethoxylation capacity at Dahej facility

Poddar Pigments starts new colour masterbatch capacity at Chaksu

Kazakhstan advances major butadiene and synthetic rubber project

Corporate moves

Lakshman K Iyer takes charge as Srichakra Polyplast CEO