BPJ WIRE2026-10-17SIGNALMembers only5 min read
BPJ SIGNAL

Bina’s Progress Reached 11% by the End of March 2025

Before counting 13 projects as added supply, how should we read Bina’s start-up and the gross margin left in converting?

India’s large polyethylene projects do not carry the same degree of certainty over their completion dates. To separate Bina from Cuddalore, which are at different stages, and gauge the impact on Japan, start with landed prices.

Gathered with AI. Thought through on the shop floor. Written for the future of print.

BPJ WIRE: stories selected and drafted by the BPJ desk from world news, fact-checked against the source ledger — published alongside the editor's own picks.

Translated from Japanese by AI. The Japanese original is authoritative.

Bina’s Progress Reached 11% by the End of March 2025

The Bina petrochemical project had reached 11% progress by the end of March 2025. Completion is scheduled for May 2028. The figure confirmed in the cited annual report is as of March 2025.

At the same time, GlobalData counts 13 polyethylene capacity additions planned in India by 2030. Reading the project count directly as production volume or a supply start date would mean estimating changes in the film market too early.…

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