8A leading flexible packaging manufacturer acquired a chemical recycling tech company to strengthen its commitment to the circular economy and establish itself as a pioneer in the field

8The petrochemicals industry is facing a secular shift, not a temporary downturn, and South Korea's PP export decline highlights the urgency for producers to adapt

8The company has announced changes in its senior management team effective January 2024, find out more in the attached report

8An oil and gas leader won a major contract to integrate subsea CO2 capture and injection technology in a pre-salt field

8To grow from research and development to pilot and production sizes, a leading provider of chemical processing solutions purchased a flow reactor manufacturer

8The city enacted a one-year moratorium on waste-to-fuel facilities citing safety, environmental concerns, and community opposition

8An Indian chemicals leader and a diversified natural resources giant signed a non-binding MOU to explore collaboration in caustic soda and other allied businesses

8An Indian pharmaceutical company's outlook improved due to strong market share in a key antibiotic segment, offset by dependence on mature molecules and volatile raw material prices

8A petrochemical giant rebranded and diversified into chemicals and infrastructure, aiming to be a growth partner for the nation's strategic sectors

8This is a biography of a successful Indian entrepreneur who led a chemical company to become a market leader in the sector, focusing on sustainable practices and social responsibility

8An infrastructure solutions company acquired a composite ground protection leader to expand its product offerings and capitalize on infrastructure investment tailwinds

8A global polymer solutions company acquired a leading South Korean manufacturer of precision semiconductor seals to expand its Asian presence and capitalize on the market's rapid growth

8A seasoned executive with extensive experience in engineering and leadership is set to take charge of a polymer solutions company, aiming to drive growth through acquisitions, organic expansion, and sustainable innovation

8A European research centre for a Chinese tire machinery company joined a European standards committee, aiming to influence regulations and leverage local expertise for market expansion

8To increase its presence and enhance recycling initiatives in the quickly expanding sector, a leading tire recycling company purchased two of the top scrap tire collectors

8Buoyed by n-butanol and supply constraints, butyl acrylate prices have risen, but downstream demand remains tepid, leading to minor discounts and negotiations favoring the lower end, with little expected change in the near term.

8The market was marginally pushed by decreased raw material costs, ammonium nitrate prices remained unchanged on January 4th due to constant coal prices, declining liquid ammonia prices, and sustained demand

8The good credit profile and order book of the parent business of a healthcare trust contribute to its rating, which is nonetheless limited by its modest size and the possible impact of government divestment plans

8Due to stable operations, long-term contracts with reputable tire firms, and solid profitability margins, a tire manufacturer's grade was upheld

8The rubber tube manufacturer's rating was downgraded due to declining sales of tubes but its liquidity remained strong

8Steel pipe maker's rating affirmed due to strong market position, efficient operations, and manageable debt despite raw material volatility

New NPK Train Greenfield Project
8Cost: Rs. 56 crore
8Project Event: The internal discussion is ongoing, the project team is likely to be formed in Q1 2024, and the RFQ for the environmental clearance consultant is likely to be released in Q2 2024.
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: Rs. 200 crore
8Project Event: The project has elicited the Environmental Clearance, and contracting is ongoing.

8ONGC offshore project: Prepare for a worse case scenario
8Rajkot District City Gas Distribution Project
8Surendranagar District City Gas Distribution Project

8Independent Oversight Mechanism [DGH]
8PNGRB (Technical Standards and Specifications including Safety Standards for City or Local Natural Gas Distribution Networks) Amendment Regulations, 2024 [PNGRB]
8Petroleum and Natural Gas Regulatory Board (Determination of Petroleum and Petroleum Products Pipeline Transportation Tariff) Second Amendment Regulations, 2023 [PNGRB]
8ONGC successfully commences ‘First Oil’ production from KG-DWN-98/2 Deepwater block in Krishna Godavari [ONGC]  
8Adan pitches for restrictions on gas supply
8Change in Senior Management [ONGC]
8Changes in Senior Management [Gujarat Gas Ltd]
8Proceedings of the Extra Ordinary General Meeting of the Company held on Saturday, 6th January, 2024. [adani port]

8Henry Hub Natural Gas Spot Price Report: Dec 2023 Updates and Analysis
8Morocco Rock Phosphate Price Report: Dec 2023 Updates and Analysis
8US (Gulf) DAP Price Report: Dec 2023 Updates and Analysis