8Pellet exports become unviable with the imposition of a 45% export duty; domestic pellet prices could fall by around 30% from the pre-duty level

8HRS India recently showcased its flagship corrugated tube heat exchangers (CTHE), one of the most trusted heat exchangers in the industry, at the Jio World Center, BKC, Mumbai. Also on display were plate heat exchangers (PHE) and a range of heat exchanger-based systems which gave a consistent performance over time

8An Indian steelmaker has brought forward the planned shutdown of its blast furnace in Chhattisgarh. The company is also preponing the work of its sinter plant and steel melt shop (SMS) and two furnaces of the ferroalloys and SMS at the plant for regular annual maintenance for 25 days

8Domestic Steel prices expected to fall further in the near term
8And steel exports from India are expected to plunge by around 35 to 40 pc

8Find out what the suggestions are

8For the first time, thin-walled containers made of PET can be produced in a single injection moulding process step. An Australian machinery maker’s e-speed injection moulding machine with a newly-developed injection unit is being used to do this

8Re-dispersible latex powder is a free-flowing organic polymer powder, produced through the spray drying of a wide range of monomers such as vinyl acetate, vinyl versatate, ethylene, acrylate, and styrene-butadiene. The global Re-dispersible Latex Powder (RDP) market will actively going ahead

8While Brenntag has been active in Saudi Arabia, this joint venture greatly expands the company’s presence and footprint with one of the largest speciality chemicals distributors on the Arabian Peninsula

8Get the latest rubber prices for Singapore.

8A recycling company operating in Europe has successfully commercialised a multilayer recycling process that achieves ‘closed-loop’ status and enables PET to be reused with virtually zero waste. With this, a circular economy practice for PET-containing packaging materials already exists, but this process has been improved now

8Both natural rubber and synthetic rubber have advantages and disadvantages in terms of sustainability. Both are indispensable in everyday life – for everyday goods such as shoe soles as well as in the construction industry, the automotive industry or tunnel construction. The negative aspects are that natural rubber is mainly obtained from monocultures, while synthetic rubber is based on fossil oil

Tata Steel was recently rated by a rating agency
8And it got full marks

8SABIC has announced its new range of PP compounds and resins based on bio-renewable and advanced recycled feedstock. These products are ISCC Plus-certified and align with SABIC’s extensive initiative for accelerating the transition of the plastics industry to a circular economy and meeting a globally growing customer demand for more sustainable material solutions

Suraj Logistix Pvt Ltd manufactures PVC pipes and fittings, water tanks and accessories, PP bags and laminated PP bags. SLPL supplies PVC products to 21 distributors, which in turn sell to 700–800 dealers spread across West Bengal, Bihar Jharkhand and some parts of Odisha after taking a security deposit from the distributor against the credit allowed to them, which is 30 days. If the payment is delayed beyond 30 days, the amount is adjusted against the security deposit.
8This strengthens its market position, particularly in eastern India, while maintaining low counterparty credit risk

8An environmental lobby group has ignored key information in its bid to influence the EU deforestation law

8A tiremaker has advanced its sustainable material use with the wider employment of soybean oil and rice husk ash silica in its tire production last year

8Cars continue to gain in importance as a result of the pandemic and have become an integral part of many people’s travel and leisure time habits, the latest mobility study has shown

Biosynergy Lifecare Pvt Ltd is engaged in manufacturing pharmaceutical bottles of IV (Intravenous) foods which are based on FFS (Form Fill Seal) and BFS (Blow Fill Seal) Technology.
8But why is it not responding to its rating agency?

8Astec has demonstrated a steady revenue growth over the years, aided by a healthy demand scenario in the domestic and overseas markets

8Core Carbons Pvt Ltd manufactures coconut-shell-based activated carbon that finds application, mainly in water, air purification and gold extraction. Regulations related to water and air pollution across the world have a major role to play in influencing the demand for activated carbon. Further, the demand for coconut shell-based activated carbon is on the rise as manufacturing coal-based activated carbon has a detrimental effect on the environment.

Vandana Global is an integrated player, engaged in the production of Sponge Iron, Mild Steel (MS) Billets, Thermo Mechanically Treated (TMT) Bars, Wire Rod, Ferro Alloys (Silico Manganese) and Power for captive consumption.
8Know more on what the company is doing

8LPG is turning out to be competitive to LNG in India

8NRL's green hydrogen tender is not getting a good response

Sulphuric acid Plant Greenfield Project
8Cost: 100 Cr.
8Project Event: LSTK contractor is likely to be finalized in Q2 FY 2022- 2023. Company has invited Expression of Interest from LSTK contractors and based on their response, techno-commercial offers will be invited.
DAP Greenfield Project
8Cost: 200 Cr.
8Project Event: The company has elicited the environmental clearance for the project in April 2022. The company is talking with local contractor for the project. Procurement work is ongoing for the other services.

8ONGC to pay twice the amount that RIL is paying for a deepwater rig