News & Bulletin Updates

8Pyrolysis-based advanced recycling of waste plastic can reduce the environmental footprint of producing PE in the US by up to 23% in GHG emissions and 70% in fossil energy use

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8A is now offering bio-based TPEs made from renewable raw materials, which can reduce a product's carbon footprint by up to 50%

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8Swiss chemical company has opened a new production facility for halogen-free flame retardants in China to support the growing demand for sustainable fire safety solutions in the Asia Pacific region

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8A Polymer company and a waste management company have signed an MoU to explore ways to recycle polymers and create a circular economy

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8The US economy showed resilience in September with strong retail sales and rising industrial production, but the leading economic index continued to weaken, pointing to a possible recession in the first half of 2024

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8New LNG production train in Indonesia starts commercial operation, adding 3.8 million tons of LNG per annum to the existing facility

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8New sustainable aviation fuel plant in Germany to use innovative technology

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8Japanese oil and gas company to pursue its first carbon capture and storage (CCS) project in the United States

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8German materials company has started operating its first dedicated mechanical recycling line for polycarbonates in China, to meet the growing demand for recycled plastics in the Asia Pacific region

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8A 3D printing startup has raised $15 million in Series A funding to scale the production of its HARP technology, which has the potential to revolutionize manufacturing

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8A pharmaceutical company has developed new nanomedicine solutions for parenteral drug delivery, which can help to improve the therapeutic effects of drugs and overcome different hurdles such as drug solubilization, API targeting, and protection of APIs from degradation

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8Two companies have collaborated to develop new PPE that is both anti-static and has high transmission of electrical signals, enabling workers to stay safe in explosive atmospheres

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8The largest methanol producer was awarded three awards for its commitment to environmental, health, safety and security performance

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Oct 23, 2023: Plant update

8Equinor methanol production resumes
8Nippon Steel PA plant maintenance extended
8Eneos Sakai Refinery offline
8Saudi Aramco petrochemicals investment sought by Vietnam
8CNOOC 2-EHA unit idled
8Luxi Oxo alcohol plants to run at full capacity
8INEOS Zhuhai No.2 PTA production halted
8Oriental Energy PDH plant cuts run rates
8Valero coking unit offline due to unplanned outage
8Huntsman MA unit down due to unplanned outage

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8Despite economic concerns, e-commerce sales are expected to grow this holiday season, with apparel leading the way

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8Quality is essential for the success of the Indian textile industry, and it requires a commitment to excellence at every stage of the supply chain

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8The chemical company Rossari Biotech reports quarterly results with strong growth in key divisions and expansion plans

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8In a significant market development, the price of Isophthalic Acid in Mumbai has dropped

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8The price of liquid alkali in the domestic market of Delhi declined. On October 23, 2023, liquid alkali prices in the domestic market of Delhi experienced a sharp fall, with Domestic intact prices dropping from Rs.34/Kg to Rs.32/Kg, marking a slip of Rs.2/Kg

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8Based on information from sources in the Indian Petrochem, the price of SAP has recently risen in the domestic market in Ahmedabad

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8Insiders in the Indian petrochem have officially confirmed a recent decrease in Thiamethoxam prices in the Delhi region

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8Based on information from sources in the Indian Petrochem, the price of Chlorpyrifos has recently risen in the imported market in Ahmedabad

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8The price of butyl acetate in the imported market of Kandla declined. On October 23, 2023, butyl acetate prices in the imported market of Kandla experienced a sharp fall, with imported tanker load prices dropping from Rs.108/Kg to Rs.104/Kg, marking a slip of Rs.4/Kg

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8Acetonitrile prices in the Mumbai market have experienced a huge decline due to sluggish regional buying sentiments

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8How did the Global PS market fare currently?

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