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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.
Europe's petrochemical industry continues to experience cracker closures as producers respond to high energy costs and growing competition from China. Procurement teams should understand how ongoing capacity reductions may reshape regional supply, pricing and long-term sourcing strategies.
The transfer of LyondellBasell's European assets to Velogy has introduced fresh uncertainty for buyers of adhesive raw materials. Procurement teams sourcing European EVA, VAM and acrylic acid should closely monitor production plans at the French and German cracker sites.
