Headlines
Indian firm says it shipped non-military explosives to Russia
Published by Global Banking & Finance Review®
Posted on July 26, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 26, 2025
2 min readLast updated: January 22, 2026
An Indian firm shipped HMX to Russia for civilian use, despite U.S. sanctions warnings. The compound has both military and civilian applications.
NEW DELHI (Reuters) -An Indian firm that shipped $1.4 million worth of an explosive compound with military uses to Russia in December said on Saturday it complies with Indian rules and the substance it had shipped was for civilian industrial purposes.
Reuters reported on July 24 that Ideal Detonators Private Limited shipped the compound, known as HMX or octogen, to two Russian explosives manufacturers despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort.
One of the Russian companies listed in Indian customs data as receiving the compound is the explosives manufacturer Promsintez. An official at Ukraine's SBU security service has said the Russian company has ties to the military and that Ukraine launched a drone attack in April against a Promsintez-owned factory.
Promsintez did not respond to a request for comment.
Ideal Detonators said in an emailed response to Reuters that the material it shipped was not military grade. "The shipment ... is for industrial activity and it's a civil explosive," the company said.
The U.S. government has identified HMX as "critical for Russia's war effort" and has warned financial institutions against facilitating any sales of the substance to Moscow.
The U.S. Treasury Department has the authority to sanction those who sell HMX and similar substances to Russia, sanctions lawyers have said.
HMX is widely used in missile and torpedo warheads, rocket motors, exploding projectiles and plastic-bonded explosives for advanced military systems, according to the Pentagon's Defense Technical Information Center and related defense research programs. The compound also has some limited civilian applications in mining and other industrial activities.
(Reporting by Shivam Patel in New Delhi; Editing by Sharon Singleton)
The Indian firm shipped a compound known as HMX or octogen to Russia.
Ideal Detonators stated that the material shipped was not military grade and was intended for industrial activity as a civil explosive.
The U.S. government has identified HMX as critical for Russia's war effort and has warned financial institutions against facilitating sales to Moscow.
The Russian company listed as receiving the compound is Promsintez, according to Indian customs data.
The U.S. Treasury Department has the authority to sanction those who sell HMX and similar substances to Russia.
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