News & Bulletin Updates

8Find out the company’s quantity of sugar sourced from a list of suppliers

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8Key European polymer markets face a bearish cocktail of demand destruction from the cost-of-living crisis and planned extra supply from new plants that could leave the industry facing a supply-demand hangover

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8The TBT Notifications are an important source of such information on changes in regulatory requirements and measures undertaken by the WTO members and such notifications need to be continuously monitored, examined and analysed to evaluate their impact on our industry and trade

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8The Council is holding elections for the post of 13 Members of the Committee of Administration under various Panels and Categories due to com of the present CoA members

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8The Off-road Tires Market is set to grow from its current market value of more than USD 420.5 billion to over USD 700 billion

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8The product portfolio, which includes a proven gear pump and fine-meshing solutions, has been expanded by innovations like the resource-saving Two-Roll Plasticizer (TRP) for rework processing, the efficient Dual Drive concept and the continuous Polymer Dosing System

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8Engineers have managed to replace 100% of conventional aggregates in concrete, such as gravel and crushed rock, with rubber from discarded tires that meets building codes, promising a boost for the circular economy

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8Plastic recycling is facing criticism for its low recovery rate, with recent articles claiming the process does not work

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8The existing project cost is INR 0.80 Crore and the proposed expansion will amount to INR 6.0 crore. Hence the project cost after the proposed expansion will be INR 6.80 crore

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8This plant will focus on the production of Phthalate-free plasticizers & other REACH-compliant speciality plasticizers which are the key inputs for the Wire & Cable, Footwear, and Coir Mat industry among various other applications

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8The acquisition of this Korean chemical business is another milestone to accelerate innovation in Merck’s Semiconductor Solutions business unit, one of the company’s three growth engines through targeted smaller to medium-sized acquisitions with high impact

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8Get the latest rubber prices for Singapore

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8LG Chem and ADM have launched two joint ventures in the US to meet the growing demand for plant-based products, including eco-friendly bioplastics

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8Environment Clearance has been granted for the installation of a Ferro Alloy Plant of 4x16.5 MVA Submerged Arc Furnaces along with a Sinter & Briquette Plant in West Bengal

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8The meeting will be held on 27 September at 12.30 PM through Video Conferencing

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Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: 200 Cr.
8Project Event: The company is still planning to hire the local contractor, process is ongoing. It is likely to be completed in September 2022. The company has elicited environmental clearance for the project in April 2022.
Sulphuric acid Plant Greenfield Project
8Cost: 100 Cr.
8Project Event: Finalization process of LSTK contractor is still ongoing, which is likely to be finalized in October 2022. The procurement work is ongoing, company has invited Expression of Interest from LSTK contractors and based on their response, techno-commercial offers will be invited

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ONGC had wanted a partnership with the likes of Shell, ExxonMobil, Total, Equinor, Petronas, Chevran and Petrobras for its deepwater foray in Cluster-3 of the KG-DWN-98/2 and the HPHT Deendayal field.
8Eventually it got no one against the EOIs
8There was only one who showed a roundabout interest

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The original target for spot cargoes in the second half of 2022 was around 2.6 MMT
8The first half saw around 1.8 MMT
But real volumes are expected to be much lower than this

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8A director's job is vacant

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Aug 18, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8LNG

8Crude
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8After a long time, gas prices have come down India
8But that may not be the case for too long

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HPCL is doing an augmentation of the Hassan POL terminal
8Get an update on what is up with the project

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Kochi-Koottanad-Bangalore-Mangalore Pipeline Phase ll (GAIL)
8This is a pipeline with an interesting twist
8The website tracks of the finer nuances of the project, including the various contractors at work
8Also, know more on what is really ahead
Our analyst has done a good coverage here

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Petrochem sources reported a significant fall in DEG prices in the Hazira market.

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An elevated trend is noticed in MEG prices.

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