Featured: Growth Versus Margins – 3 Aug 2026

Europe is taking more than 900,000 tonnes of ethylene, propylene and siloxane capacity off the map—but Asia’s next wave could delay the promised margin recovery

A Dutch court rejected more than €1 billion of ethylene-damages claims after finding that suppliers’ margins rose—the remaining cases now face an awkward economic test

Haldia Petrochemicals lifted quarterly sales 182% to Rs 4,509 crore and still lost Rs 53.9 crore—the rebound has not yet repaired the economics

Coromandel is absorbing a 25% phosphoric-acid price jump while gaining fertiliser share—the subsidy and integration shield is being tested at the same time

Neogen has Rs 19 crore of battery-material revenue, four provisional overseas approvals and Rs 164 crore of insurance recovery—but commercial qualification still decides the ramp

LyondellBasell reported $559 million of profit, but $1.4 billion excluding identified items—the $842 million gap is the real quarter

Wacker’s EBITDA rose 85%, but €36.7 million came from a pension-provision release and management still sees no demand turnaround

TANFAC has contracted about 65% of a new 20,000-tonne R-32 plant, yet the ramp runs to February 2028—offtake visibility is not commissioning certainty

Vishnu Chemicals grew revenue 25% while freight to Latin America more than doubled—the export mix is strong enough to expose a new logistics vulnerability

Yasho lifted volumes 42% with capacity still above only 65%—the 24.2% EBITDA margin now has to survive a faster utilisation ramp