#petrochemicals
How the Iran war exposed India’s over-reliance on imported petrochemicals
It isn’t just oil and fertilizers. The Iran war has shredded India’s petrochemical supply chain, forcing manufacturers to scramble for raw materials, burning cash, cutting output, and even pulling their shutters down.
CPCL reworks ₹45,000-crore Cauvery Basin project in Nagapattinam; IOC to hold 75% in joint venture
CPCL revamps ₹45,000-crore Cauvery Basin project in Nagapattinam, shifting focus to petrochemicals with IOC as major partner.
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicals
India and Russia are deepening energy ties. Discussions focus on gas supplies and joint ventures for hydrocarbon development. Russia is a key crude oil supplier, with US sanctions waivers continuing. The nations are also exploring LPG purchases and new oil an…
The Iran war’s oil shock causes a plastic shortage in Asia, squeezing industries and prompting a ‘Middle East plus one’ rethink of supply chains
South Korea is probing firms suspected of hoarding syringes, which, alongside products like needles and gloves, are produced from petrochemicals.