China's 380 million tonne coal chemicals sector quietly became the world's third largest coal… – Global News Digest, 25 May 2026

Energy shock and coal chemistry

Hormuz crisis hands China's coal-to-chemicals sector a $4 billion head start over energy-starved rivals

China's 380 million tonne coal chemicals sector quietly became the world's third largest coal consumer

Earnings momentum

Sun Pharma's Q4 profit jumps 26% and US innovative medicines cross $1 billion as Organon deal closes in FY27

India Pesticides crosses Rs 1,000 crore revenue for the first time as PAT surges 46% in FY26

Cosmo First's specialty chemicals arm hits 25% EBITDA margins as volumes jump 41% in Q4 FY26

Manali Petrochemicals crosses Rs 1,070 crore in FY26 as standalone PBT surges sixfold in Q4

Vamshi Rubber holds FY26 net profit steady at Rs 67 crore despite revenue decline and margin pressure

Clean materials and circular tech

Epsilon turns coconut shell waste into hard carbon anodes cutting graphite dependence for sodium-ion ESS

PPG cuts Scope 1 and 2 emissions 25% and hits 43% sustainable product sales ahead of its 2030 targets

Kemira and CuspAI screen 300 trillion structures in six months to find 20 PFAS-removal candidates

Enzyme-driven semi bio-Fenton method achieves full monomer conversion in five minutes without inert gas

Hankook's Jiaxing plant earns ISCC PLUS certification making it the company's fourth certified global site

Policy and regulation pressure

Chemicals Secretary Nivedita Shukla Verma maps chemicals sector's path to Viksit Bharat 2047

UK unveils £350 million Critical Chemicals Resilience Fund to save energy-intensive producers from collapse

FDA's synthetic dye tracker turns colour reformulation from a marketing story into a compliance deadline

India's plastic producers hit only 76% of hard plastic recycling target over three years says CPCB

EPA's plan to reclassify pyrolysis plants as factories could legally switch off pollution controls overnight

Deals and portfolio resets

Mitsubishi Chemical begins spin-off of petrochemicals unit to prepare for Japan's inevitable industry merger

ENEOS pays $2.17 billion to acquire Chevron's Caltex downstream business across six Asia-Pacific markets

Market squeeze and supply disruption

Covestro force majeure sends North American MDI prices up $800 per tonne as China's market softens

Boardroom and partnership moves

Trade policy veteran Tan Sri Abdul Rahman ends nine-year Lotte Chemical Titan chairmanship at 73

Kumho Tire USA signs MoU with Georgia Veterans Service to support 680,000 veterans and their families