Latest Market News
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Nayara Energy to Develop 650,000 TPA Polyethylene Facility in Gujarat with Unipol PE Technology
Nayara Energy Limited has confirmed the adoption of Univation Technologies’ Unipol™ PE process technology for its upcoming polyethylene production facility in Vadinar, Gujarat. The plant is planned to...
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Polymer Price Revisions Effective July 10, 2025
Reliance Industries Limited (RIL) and Indian Oil Corporation Limited (IOCL) have announced updates to their polymer pricing structures, effective July 10, 2025. Reliance Industries Limited (RIL) RIL has...
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Adani Group to Set Up 1 Million Tonne PVC Plant in Mundra by 2028
The Adani Group has announced plans to establish a 1 million tonne per annum Polyvinyl Chloride (PVC) manufacturing plant in Mundra, Gujarat, marking its entry into the petrochemicals...
OPEC+ Approves Higher August Oil Output Amid Improving Market Outlook
OPEC+ has announced a significant increase in oil production for August, approving a hike of 548,000 barrels per day (bpd)—well above the previously anticipated 411,000 bpd.The group, which includes...
India Initiates LLDPE Anti-Dumping Probe Covering Six Countries
India’s Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into LLDPE imports from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, and the UAE. The probe follows...
OPAL & RIL Announce Polymer Price Increases Across Key Grades Effective July 1, 2025
ONGC Petro additions Limited (OPAL) and Reliance Industries Limited (RIL) have implemented upward price revisions across various polymer categories, reflecting broader market adjustments and cost trends. The new...
Polymer Price Update: Supreme Petrochem & Chemplast Sanmar Hike Rates Effective July 1
Supreme Petrochem Ltd. (SPL) and Chemplast Sanmar — have announced price hikes across key polymer grades, effective July 1, 2025. 🔺 Supreme Petrochem Revises GPPS and HIPS Prices...
India Imposes Five-Year Anti-Dumping Duty on Plastic Processing Machines from China and Taiwan
The Government of India has imposed anti-dumping duties ranging from 27% to 63% on imports of plastic processing machines (PPMs) from China and Taiwan.This measure follows the findings...
India Extends BIS Certification Deadline for PVC Imports to December 2025
📅 New Implementation Date: 24th December, 2025 In a significant move for the polymer industry, the Government of India has officially extended the deadline for implementing the Bureau...
Crude Oil Prices Soar After US Strikes on Iran’s Nuclear Sites
Crude oil prices surged sharply on Monday morning after the US launched airstrikes on nuclear sites in Iran over the weekend, escalating tensions in the Middle East. Brent...
