AGP Executive Report
Last update: 9 hours agoFeedstock Security: Russia imposed a three-month ban on exports beyond the Eurasian Economic Union of benzene, toluene, xylenes and phenol, aiming to protect domestic manufacturers’ supply. Singapore’s chemical sector is also wary, citing uncertainty over crude feedstocks despite broader manufacturing optimism. New Business: India’s Hikal won a multi-year contract to make a specialised agrochemical for a European company, with commercial supply expected in FY2027 as approvals are secured. Industry Pressures: European producers warn of a deepening crisis as high energy costs and Chinese competition weigh on output; German chemical production is nearly 19% below 2021 levels. Research and Recycling: East Texas A&M researchers are developing a lower-hazard process to recover gallium from discarded electronics. Separate teams report stronger bacterial-cellulose composites and high-strength solid silk materials made without synthetic additives. Environmental Oversight: The EPA inspector general is auditing the agency’s use of AI tools to review applications involving toxic chemicals and pesticides.
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