HFCL lands two international fiber cable orders worth Rs 184 crore for delivery by August 2026 – Global News Digest, 12 May 2026

War & Supply Chain Shock

Thailand floods and fragile US-Iran ceasefire keep Japanese rubber futures stuck in a tight range

Mega Deals & Expansions

Lone Star closes DOMO deal and merges it with RadiciGroup to create a specialty polymers giant

LANXESS and HPCL join forces to bring premium aviation and industrial lubricants to India and SAARC

Graphite India raises GrafTech stake to 9.79% with fresh Rs 62 crore bet on EAF steel boom

HFCL lands two international fiber cable orders worth Rs 184 crore for delivery by August 2026

Innovation & Green Tech

Asahi Kasei, Mitsui and Mitsubishi Chemical lock in equity ratios for joint ethylene decarbonisation JV

Yokohama Rubber's AI mold design system cuts costly trial production using FEM and explainable AI

Policy & Regulation

India moves toward nationwide paraquat ban as expert panel links herbicide to Parkinson's and death

Sri Lanka's new environment bill puts plastic recycling burden squarely on producers not consumers

Baghdad shuts four plastic recyclers for toxic gas emissions in escalating capital pollution crackdown

Market Intelligence

Redseer report: the next $250 billion specialty chemicals opportunity belongs to orchestrators not factories

Market & Financial Results

Biocon's Q4 profit crashes 57% on exceptional charge even as biosimilars revenue surges 16%

ITAT wipes out MRF's Rs 182 crore tax demands for FY16 and FY17 in major tribunal victory

People & Corporate Moves

Wacker Chemie axes 1,600 German jobs under PACE as chemical industry competitiveness crisis deepens

Circular Economy & Recycling

Wuppertal Institute warns Germany's plastics recycling sector faces collapse without urgent intervention

Industry Events

GCPC 2026 in Bharuch brings SRF, DCM Shriram and Aarti Industries leaders together on May 14-15

Carbon Markets

State-owned RECPDCL enters India's carbon credit market as an accredited verification agency