Company Dynamic

Hengli’s sanction shows Iranian crude risk has expanded from procurement to shipping, insurance, payment, and compliance.

Dow’s warning shows the Middle East conflict is reshaping chemical costs, supply, expansion plans, and regional competitiveness.

Iran’s full export halt shows Middle East petrochemical risk has shifted from price volatility to real supply contraction.

Evonik extended CEO Christian Kullmann’s term to 2030 and appointed Michael Rauch as CFO to strengthen leadership stability.

Nouryon announced that its production sites in Boxing and Ningbo, China, have received Halal certification for specific ingredients used in personal care and cleaning products.

• Nouryon

The global coatings market has been hit with major news. On April 15, PPG announced that due to soaring costs and ongoing supply chain volatility, it will raise prices across its entire product portfolio globally, with increases of up to 20%.

• PPG

South Korea’s anti-hoarding move shows chemical market risk has shifted from price shocks to supply chain security and resilience.

In April, China’s chemical industry has entered a phase of “active production cuts.” From PTA to PP, from PE to EVA, multiple industrial chains have simultaneously moved into maintenance cycles.

• China’s chemical industry

Wanhua is raising prices and warning against fake websites, showing market volatility is increasing both pricing and fraud risks.

McKinsey’s $125 million Purdue payment shows opioid-era liability still extends beyond the drugmaker itself.

Sun Pharma’s planned $12 billion Organon bid could become the biggest overseas pharma acquisition by an Indian company.

Pharma experts warn that even with a ceasefire, Iran-related supply disruption could take months to unwind.

AstraZeneca India’s planned Bengaluru land sale shows how non-core assets can become strategic capital.

Lier Chemical reported stronger 2025 results and said its Guang’an base is now supplying chlorantraniliprole normally.

Amid the continued escalation of conflict in the Middle East, oil and natural gas production activities in the Persian Gulf region have largely come to a standstill. U.S.

• ExxonMobil

On April 2, India announced the removal of import tax on 40 petrochemical products, with the policy remaining in effect until June 30.

China plans to upgrade some petrochemical plants and phase out others by 2029, pushing the industry from scale toward efficiency.

Korea’s antitrust probe targets coordinated coatings price hikes, as rising costs clash with regulatory pressure and price stability concerns.

Evonik replaced Creavis with the Innovation Factory, aiming to move R&D projects into business and production within five years.

On April 7, an explosion struck the Jubail Industrial City in northeastern Saudi Arabia, causing widespread damage.

• Petrochemical