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The July start of India’s new economic reality sees customs duty exemptions on petrochemical inputs expire, raising import costs across multiple sectors. Plastics, textiles, pharma, and auto industries must now recalibrate pricing and margins. This article explores the immediate impacts and strategic responses.
Venator Materials’ looming debt restructuring could reduce European TiO2 output, tightening supply for coatings, plastics, and paper. With Gulf feedstock constraints and high shipping costs, the industry faces higher lead times and costs. Buyers must now assess supplier stability as a core procurement factor.
A spokesperson for Crasus Chemical (the Resonac petrochemical spin-off) told C&EN
