Wednesday, May 13, 2026

Chemical Industry Digest

Rising Geopolitical Tensions Trigger ₹30,000 Crore Monthly Losses for OMCs

India’s Oil Marketing Companies (OMCs) are facing estimated under-recoveries of nearly ₹30,000 crore every month as the ongoing West Asia crisis disrupts...

Government Planning Nationwide Ban on Paraquat Dichloride Herbicide

The government is preparing to impose a nationwide ban on paraquat dichloride, one of India’s most extensively used herbicides, following mounting concerns...

Biocon Profit Under Pressure in Q4 Despite Biosimilars Boost

Biocon Limited reported a 56.8 percent year-on-year decline in consolidated net profit for the fourth quarter of FY26, primarily due to an...

Torrent Pharma Gains Strong Lead in India’s Generic Weight-Loss Therapy Space

Torrent Pharmaceuticals has emerged as the frontrunner in India’s rapidly expanding generic semaglutide market, capturing nearly 38 percent market share within just...

Recove Ventures and Maharashtra Government Join Hands for Plastic Recycling Initiative

The government of Maharashtra signed a ten-year Memorandum of Understanding (MoU) with Bengaluru-based Recove Ventures Private Ltd to establish a large-scale plastic...

Godavari Biorefineries Set to Commission Ethanol Facility in Karnataka

Godavari Biorefineries Ltd is set to commission its grain and maize-based ethanol plant in North Karnataka during the current quarter, marking a...

Pace Digitek Bags Battery Storage Project from DVC

Pace Digitek Infra Private Limited bagged multiple contracts from Damodar Valley Corporation (DVC) for the development of a 250 MW/500 MWh Battery...

Hindustan Zinc Included in Dow Jones ESG Index

Hindustan Zinc Ltd has been included in the Dow Jones Best-in-Class (DJBIC) Index for Emerging Markets for the first time, following the...

FMC to Divest India Commercial Business to Crystal Crop Protection

FMC Corporation signed a definitive agreement to divest its India commercial business, FMC India Private Limited, to Crystal Crop Protection Limited for...

Industry Veteran Joins Aduro to Lead Petroleum Application Expansion

Aduro Clean Technologies appointed Scott Smith as Program Director, Petroleum Technology Solutions, strengthening the company’s efforts to expand petroleum applications for its...

Advertisement

Newsletter

Subscribe to our FREE Newsletter & Stay Updated