
Ammonium Nitrate CAS: 6484-52-2

Alzchem announced a $150 million investment to ramp up production of nitroguanidine, a key intermediate for advanced propellants and explosives. The move positions the company at the forefront of defense chemistry, leveraging new partnerships and cutting‑edge manufacturing technologies. This expansion underscores the growing demand for specialty chemicals in national security applications.

PetroChina has big projects under construction. It is spending $4.7 billion and $4.2 billion

South Korea's petrochemical industry closes H1 2026 after experiencing the most extensive force majeure declarations of any major chemical-producing nation during the Hormuz disruption. As feedstock supplies recover, buyers and suppliers are shifting their focus toward contract resumption and Q3 delivery planning.

South Korea’s petrochemical sector is emerging from a wave of force majeure declarations as LG Chem, Lotte Chemical and Hanwha Solutions resume normal cracker operations. Naphtha and LPG supplies are stabilising, Brent crude is stabilising, and battery‑material chemicals such as NMP, PVDF and LiPF6 are seeing renewed demand. Global buyers must navigate contract renegotiations, delivery commitments and a tightening supply chain to secure competitive pricing and reliable logistics.

Global Chemical’s joint venture with NatureWorks will launch the first major PLA facility in Thailand, giving Southeast Asia a domestic source of bio‑based plastic. The plant will compete directly with fossil PE and PP, offering a sustainable packaging alternative at a pivotal time.

In 2026, Iran’s petrochemical industry suffered a catastrophic 85% loss of production capacity due to sanctions and internal conflicts. The collapse threatens global methanol supply, disrupts Middle East petrochemicals, and forces exporters to seek new markets. Read on for a deep dive into reconstruction challenges and supply chain implications.
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