Chennai: Tamilnadu Petroproducts has announced a temporary shutdown of its Heavy Chemicals Division (HCD) plant, citing business disruptions linked to.

The closure of the Strait of Hormuz caused by the Iran war wreaks havoc for key Middle East exports, including plastic resin.

Refinery structures at INVISTA Propylene refinery line the horizon in Houston, Tuesday, March 17, 2026. (AP Photo/Ashley ...

FM Nirmala Sitharaman said the govt has allocated Rs 57,381.84 crore for the Economic Stabilisation Fund. She detailed a Rs 41,430 crore defence allocation and Rs 19,230 crore for fertiliser subsidies ...

India is well-positioned to withstand global shocks and is not facing an energy shortage despite the ongoing West Asia crisis ...

Amid the West Asia crisis, Finance Minister Nirmala Sitharaman said India has increased domestic LPG production by 25% and is ...

Rajya Sabha returned the Appropriation Bill 2026 as FM Sitharaman said LPG output rose 25 per cent, steps taken to avoid shortages amid West Asia crisis, and India’s non-fossil capacity now exceeds ...

Tamil Nadu Petro Products halts Manali PO plant due to propylene supply disruption, declaring a force majeure event.

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is ...

The Hormuz closure is a four-act supply chain crisis, and the market has only priced Act One. Learn more about several sectors and twelve stocks listed here.

A fire broke out at a LyondellBasell chemical plant near Pasadena Thursday night, sending thick smoke and flames into the air ...

A fire at LyondellBasell's Bayport Choate site in Pasadena drew a large emergency response, but officials confirmed no injuries and no threat to the community.