Latest Market News

IOCL Launches Special Incentive Scheme for PP & Flexi APP Effective July 17, 2025

Polymer 17 Jul 2025, 5:30 am

Indian Oil Corporation Limited (IOCL) has introduced a Special Incentive Scheme for its Polypropylene (PP) and Flexi Attactic Polypropylene (APP) customers across India. The scheme is valid for...

GAIL Revives Mangalore PTA Plant, Strengthens Petrochemical Growth Strategy

Polymer 15 Jul 2025, 5:30 am

GAIL (India) Limited is accelerating its petrochemical expansion with the revival of its subsidiary, GAIL Mangalore Petrochemicals Limited (GMPL), and a strategic investment roadmap under Strategy 2030. The...

MRPL Introduces CQI-Linked Incentive Scheme for Polypropylene – July 2025

Polymer 14 Jul 2025, 5:30 am

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced a special Commercial Quantity Incentive (CQI)-linked scheme for its Polypropylene (PP) customers, applicable for the period July 1–31, 2025. Two...

Supreme Petrochemicals Rolls Over GPPS & HIPS Prices Effective July 12, 2025

Polymer 12 Jul 2025, 5:30 am

Supreme Petrochemicals Ltd. has announced a rollover in prices for its GPPS and HIPS product lines, with effect from July 12, 2025. This means all grades will continue...

Nayara Energy to Develop 650,000 TPA Polyethylene Facility in Gujarat with Unipol PE Technology

Polymer 11 Jul 2025, 5:30 am

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...

Polymer Price Revisions Effective July 10, 2025

Polymer 10 Jul 2025, 5:30 am

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...

Adani Group to Set Up 1 Million Tonne PVC Plant in Mundra by 2028

Polymer 8 Jul 2025, 5:30 am

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

Crude oil 7 Jul 2025, 5:30 am

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

Policy 2 Jul 2025, 5:30 am

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

Polymer 1 Jul 2025, 10:41 am

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...