News & Bulletin Updates

SM prices have escalated in the Ahmedabad market, today.

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Prices for MMA are presently reduced at Kandla.

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Petrochem sources in Kolkata have reported a huge rise in NBA prices.

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A gain in acetic acid prices was noted today in the imported market of Kandla.

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Tight supply coupled with high demand has raised IPA prices in the Kolkata market.

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8Aditya Birla Grasim’s board at its meeting held on 26th May has recommended a dividend of Rs 5 per equity share

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8India recorded the lowest solar tariff so far of Rs1.99 per kilowatt hour (kWh) (~US$0.03/kWh) in December 2020. Since then, the lowest winning tariffs in utility-scale solar tenders increased by an average of 22% relative to the record-low tariff

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8A one-day refresher course on chemical engineering for plant personnel is being held on 11th June 2022

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8Thirumalai Chemical Ltd’s board at its meeting held on 26th May has recommended a dividend of Rs 2.50 per equity share

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8SCPL is engaged in the trading of polymers and plastic raw materials like HDPE, LDPE, PP and chemicals. In addition to direct imports and distribution, the company also acts as an indenting agent for imported polymers and chemicals, wherein the company provides services like coordination with suppliers for direct imports by customers without getting financially involved in the transactions

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8An American company has signed a multi-year master service agreement to provide engineering, procurement and construction for New Hope Energy’s plastics pyrolysis unit

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8Integration with acquired companies has led to the enhancement of Rossari’s technical capacity in surfactants and silicones

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8New recycling technology has been developed that uses a new depolymerisation catalyst to recycle coloured polyester fibres without losing the quality of polyester fibres made from petroleum-derived raw materials

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The company distils and refines the raw materials procured from crude. They have plants for producing Glycerine and Burner Oil.
8But not cooperating with the rating agency

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8Get the latest rubber prices in Singapore

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8CJ BIO, a division of South Korea-based CJ CheilJedang and a leading producer of polyhydroxyalkanoate (PHA) has signed a letter of intent (LOI) With a US producer of PLA establishing a strategic alignment between the two organisations

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8Lummus Technology, a global provider of process technologies, and its Swiss catalyst partner Clariant has been awarded a major contract by Fujian Meide to supply Catofin technology and catalysts for a new, world-scale propane dehydrogenation (PDH) unit in China

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8Azelis announces that it has reached an agreement to acquire Chemo India and Unipharm Laboratories’ distribution assets
8Both companies are renowned local distributors of speciality chemicals and ingredients for the CASE (coatings, adhesives, sealants, elastomers), L&MWF (lubricants & metalworking fluids) and pharmaceutical market segments in India

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8The Borouge 4 expansion will boost Borouge’s production capacity of polyolefins, including polyethylene and polypropylene, to 6.4 million tonnes per year from its current 5 million tonnes per year capacity, expecting it to be the largest single-site polyolefins complex in the world by 2025

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8A VM supplier has developed an in house vision inspection technology, which it is now employed for the inspection of Volkswagen filter plate seals

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8A Norway-based tire recycling company has signed an agreement with Gateway Resources for the supply of end-of-life tires for its currently under-construction recycling plant in the UK

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8The distribution agreement covers product grades to be used in plastics, adhesives and sealants as well as paints and coatings

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8Next-generation belts and components are being introduced to meet the growing global demand for new bicycle drivetrain designs

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May 27, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LPG
8Fertilizers
8LNG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Formaldehyde prices have moved lower in the Delhi market.

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