News & Bulletin Updates

8The agricultural chemical manufacturer announces 18% YoY growth in overall sales despite muted domestic performance and robust export growth

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8A seasoned professional with 15 yrs experience is promoted to motorsports manager at this rubber company’s subsidiary, set to enhance dealer interaction and event growth in this new role

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8Liquid silicone rubber moulding company expands capacity with two new injection moulding machines to meet growing business volume

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8Recycling company partners with speciality materials company to convert previously unrecyclable coloured plastic waste into new packaging materials

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8Joint venture partners approve construction of Europe's first large-scale tyre recycling plant using a unique technology, with major tyre and oil companies signed on as customers

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8Utilizing recycled and bio-based resources, a plastics producer increases the range of sustainable products while achieving notable reductions in carbon emissions

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8A new board director with expertise in public sector management and commercial tax has been appointed by an Indian petrochemical business

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8The carboxylated nitrile rubber market is to see strong growth driven by industrial machinery and medical sectors, with Europe leading the way due to strict regulations and electric vehicle adoption

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8An electronic member vote is proposed by the rubber company to select an independent director

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8Guar seed and cotton prices in India are expected to fluctuate due to supply and demand dynamics, with guar gum impacted by crude oil prices and cotton affected by lower production and exports

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8Chemical companies team up for public showcase of innovative materials and technologies for future mobility

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8A chemical company launches a new 3D printing resin that is both flame-retardant and mechanically strong, targeting applications in aerospace, automotive and electronics

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Feb 13, 2024: Plant news

8Shell Canada delays Styrene deliveries again from Scotford plant
8Lyondellbasell declares force majeure on Botlek BDO supplies
8Shell restarts MEK unit
8Fujian Binhai Chemical stops acrylic acid production unit
8Sinopec Beijing Yanshan restarts No. 2 PBR plant production
8Zhejiang Petroleum brings PDH plant on stream
8Celanese pauses acetic acid production at plant
8Dow Chemical halts propylene production unit
8Saudi Aramco eyes Asia downstream expansion
8Sinopec Qilu's PBR plant restarts production
8Grand Resource Science starts second polypropylene unit
8Mitsubishi MMA plant clears regulatory hurdles

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Ammonia-Urea Brownfield Project
8Cost: Rs. 16372 crore
8Project Event: The bid deadline for connecting to TFL's grid to supply 90 MW power through line in line out has been extended from 6th Feb to 20th Feb 2024, due to the absence of suitable bidders. Additionally, the RFQ for constructing a 220 kV Lilo GIS has been pushed to 16th Feb 2024, from its initial deadline of 5th Feb.
Ammonia-Urea Annual Maintenance Project
8Cost: Rs. 1.50 crore
8Project Event: The RFQ for miscellaneous civil maintenance works for the factory for the year 2024–April 2025 has been issued, and the bid due date is February 29th, 2024.

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8Nano technology based liquid fertilizer available: Bhabua- Bihar
8Yara International's earnings collapse: Navigating market prices and global competition
8Kore Potash provide an EPC update: UK

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8Tender for removal of oil sludge from ETP
8Supply of sodium dichromate
8Provision of fire protection system
8Annual maintenance contract for cathodic protection system for hydrant refueling pipeline
8India's petroleum products demand to increase mid single-digit percentage in 2023-24: Fitch
8Adnoc Gas reports higher net income, revenue in Q4
8Essar Group’s EOGEPL plans Rs 3,000 Crore investment to scale up CBM output
8IGX and ACME collaborate to develop India’s green hydrogen and ammonia Industry
8Cairn Oil & Gas To Invest $4 Billion In Three To Four Years On Exploration And Production
8THINK Gas Signs MoU with Megha City Gas Distribution
8India and Russia in talks over long-term oil deals – Bloomberg
8Geopolitical crisis led to destruct global oil pricing after slow trade in Asia
8Indian Biogas Association Calls For Rs 30,000 Crore Investment To Reduce LNG Imports
8IBA to pump in Rs 30k cr in bio-energy space
8Confidence Petroleum India Limited Leaps into Green Hydrogen Production
8Indian Oil-Adani Gas joint venture commits Rs 25 billion investment
8Bharatgas unveils "Pure for Sure" to revolutionize LPG delivery experience
8Confidence Group to launch Hi-tech hydrogen cylinders

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8Triethylene glycol (TEG) made by reliance has been a steadfast presence in the Ahmedabad market over the past month, providing stability in the realm of chemical prices

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8The market for Isoprene rubber SKI-3, produced by Evergold, has been witnessing fluctuations in its price over the past month in the Delhi market

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 8In recent developments within the Mumbai market, there has been a notable fluctuation in the price of NBR 3345, a crucial material predominantly utilized in various industrial applications such as moulded and unmolded goods, insulation rubbers, seals, fuel hoses, and gaskets

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8In February 2024, the Acrylamide market saw a further decline due to reduced consumer demand, particularly in water treatment

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8In the Delhi domestic market, tetrachloroethylene has experienced a noteworthy decrease in price, primarily attributed to its constrained availability, according to information from Indian petrochemical sources

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8In Mumbai, the pricing dynamics of caustic soda flakes have undergone fluctuations in response to recent information from Indian Petrochem sources

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8Over the past month, the market for anionic surfactants has experienced minimal fluctuations, with prices largely maintaining stability

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8In a recent development reported by Indian Petrochem sources, the cost of Adipic Acid has witnessed a significant upswing in the Delhi market

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8Since January 13, 2023, Acetic acid prices in Kandla have been subject to dynamic fluctuations driven by shifts in market demand

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