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JK Tyre unveils massive capex plan as plant utilisation crosses 90% – Global News Digest, 27 May 2026

May 27, 2026

War shock and petrochemical squeeze

West Asia war boosts polymer margins as Haldia Petrochemicals returns to profit

Hormuz disruption exposes hidden petrochemical risks across pharmaceutical supply chains

Mideast war forces Asia’s petrochemical industry into feedstock and supply rethink

Chemical shortages deepen as Chinese producers suspend quotations amid inventory collapse

Recycling and bio-based shift

India’s plastic recyclers face idle capacity despite mandatory recycled-content policy push

Godavari Biorefineries positions bio-based platform for growth amid fossil fuel volatility

Industrial safety alarms

Fatal Hungary olefin restart blast raises safety alarms at MOL petrochemical facility

Washington paper mill chemical blast kills one as nine workers remain missing

Deals, exits and portfolio moves

Wacker Chemie raises growth funds by trimming Siltronic stake through share sale

Aramco exits Malaysian PRefChem complex as Petronas strengthens strategic downstream control

ExxonMobil Singapore shutdown signals deeper global petrochemical capacity shakeout

Akzo Nobel rejects cash bid while backing strategic Axalta merger plan

Tyre and consumer cost pressure

JK Tyre shifts sourcing east as West Asia crisis inflates input costs

JK Tyre unveils massive capex plan as plant utilisation crosses 90%

Japan consumer goods makers raise prices as naphtha-linked material costs surge

Regulation and pharma inputs

New York food chemical bill raises transparency pressure on GRAS ingredients

BASF price hike shows pharma excipients remain vulnerable to chemical inflation

Advanced materials and clean tech

FSU polymer scientist wins ACS award for service and sustainable plastics research

Clariant catalysts boost Yihua’s world-scale Chinese formaldehyde plant performance

Sumitomo expands UK battery storage play through major GRID project partnership

Thiol-yne chemistry enables perfectly alternating hybrid linear-dendritic copolymer design

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