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India’s chemical industry eyes $1 trillion by 2040: McKinsey

The conference focused on AI adoption, sustainable practices, and technological innovation, reinforcing the chemical industry’s role in India’s economic and environmental goals.Read more

Adani partners with Thailand’s Indorama for petrochemical expansion

The project, located in Mundra, Gujarat, is set to be India’s largest PVC manufacturing facility, with an estimated cost of Rs 350 billion.Read more

Vipul Organics announces Q2 results for FY 2024-25

Profit Before Tax (PBT) reached Rs 17.64 million, marking a significant rise of 64.72 % from the previous year's Q2.Read more

Epigral Limited to expand CPVC and Epichlorohydrin facilities

With this expansion, Epigral's total CPVC resin capacity will be elevated as the largest resin facility in the world and Epichlorohydrin will be the largest facility in India. Read more

Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more

India levies anti-dumping duty on chemical imports from China, Korea & Thailand

The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries.Read more

Aditya Birla Group eyes further investments in US manufacturing and R&D

Aditya Birla Group, a prominent player in the U.S. metals and chemicals sectors through subsidiaries like Novelis and Aditya Birla Chemicals, announced a $50 million investment earlier this year for a new manufacturing and R&D center in Texas.Read more

Trump victory raises optimism in India's chemicals, textiles sectors

According to Chemexcil, India’s chemical exports to the U.S. reached $2.86 billion in 2023-24, though this marked a 26% decrease from the previous year.Read more

India’s petrochemical set to grow threefold to $1 trillion by 2040: Hardeep Puri

To meet this demand, state-owned companies like ONGC and BPCL are collaborating with private firms, investing around $45 billion in new projects, with government expectations of an additional $100 billion in investments over the next decade.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

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