Bulletin Updates

Smartchem Technologies has favourable demand prospects – 1 Aug 2022

Aug 01, 2022

The domestic demand outlook for the company’s key products such as TAN, IPA, and nitric acid remains healthy

The demand for TAN will be driven by demand from the coal mining and infrastructure sectors, while demand for nitric acid would be supported by planned capacity addition in the downstream segments

The IPA market is expected to maintain healthy growth, led by the growing end-user industry, namely the pharma sector, apart from dyes and paints

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