News & Bulletin Updates

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

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

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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

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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

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

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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

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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

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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?

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

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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.

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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

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

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

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Sulphuric acid Plant Greenfield Project
8Cost: 100 Cr.
8Project EventLSTK 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.

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

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Jackup rig rates are moving rapidly north
8A massive order from one country has caused a big push-up
Why is that so?

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8Project Name: Kannur & Kasargod Districts City Gas Distribution
8Project Cost: Rs 300 crore
Call up our sales team to get access

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8Project Name: Kozhikode & Wayanad Districts City Gas Distribution
8Project Cost: Rs 300 crore
Call us for more on this

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8ICICI Securities NSE 2.60 % has buy call on Indian Oil Corporation NSE 1.66 % with a target price of Rs 145.

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8India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas, a senior government official said on Thursday.

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8South Korea's SK Innovation has led the latest $46 million funding round for climate tech start-up Amogy, which aims to accelerate the shift to zeroemissions fuels for heavy industries such as shipping, its chief executive told Reuters.

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8State-owned Bharat Petroleum’s sister firms – Indian Oil (IOC) and Hindustan Petroleum (HPCL) – are also exploring possibilities to enter into term agreement with Russia for imports of crude oil.

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8Brent crude futures fell $2.26 cents, or 2%, to $109.48 by 1:04 p.m. ET (1704 GMT). US West Texas Intermediate (WTI) crude futures were down $2.48, or 2.3%, at $103.71.

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Jun 24, 2022: New CEO in Niti Aayog

8Amitabh Kant has retired as CEO of Niti Aayog
8This is an important slot as like with the former Planning Commission, Niti Aayog is a key decision maker in the fertilizer industry

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8The director marketing of this public sector company has been selected

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