News & Bulletin Updates

8On August 17, 2023, the Palm wax market in Delhi was facing a dramatic price rise due to a shortage in supply

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8The Mumbai market has seen an increase in the prices of Styrene-acrylic latex 50%  due to favourable buying conditions and a surge in demand for the material

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8According to petrochem industry sources, the price of Pure acrylic emulsion 55% in the Mumbai market was increasing on August 17, 2023

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8Today's trimethylolpropane pricing in Mumbai stayed lower

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8DINP prices have dropped in the Mumbai market

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8On August 17, 2023, DIBP prices in the Domestic market of Mumbai experienced a sharp fall

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
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8On August 16, 2023, the price of Triethanolamine decreased as a result of inadequate supply and low regional demand in Delhi

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8Chemical sources confirmed that Formic acid prices have slipped in the Mumbai market

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8The Mumbai market is observing a decrease in the prices of phosphorus trichloride

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8Paraquat 24%SL prices in Ahmedabad have increased, indicating strong regional demand and a well-built supply

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8Petrochem sources confirmed that Atrazine prices have slipped in the Ahmedabad market

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8ADNOC's geothermal energy project in Masdar City is a landmark development that will decarbonize the cooling of buildings in the UAE and further diversify the country's energy mix

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8Mondi, a global leader in sustainable packaging and paper, has won the German Packaging Award 2023 from the German Packaging Institute

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8Berger Paints is planning a major expansion to double its capacity and revenue, with three new greenfield plants and an investment of Rs. 2,700 crores, and enhance its revenur further to Rs.20,000 crore in next six years

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8Bodo Möller Chemie and Sanitized AG are expanding their partnership in the paint and lacquer industry, with Bodo Möller Chemie taking over distribution of the Sanitized preservation product line

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8The global plastics trade is expected to grow in 2023, but the subdued economic outlook for 2024 could pose some trade-related concerns

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8The ‘ChemConnect’ conference will be a chemical logistics brainstorm for the country, with ideas and action plans to grow the sector

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8Teknor Apex has joined Cyclyx International, a consortium-based post-use plastic innovation company, to help increase the recyclability of plastic from 10% to 90%

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8The 1QFY24 performance of Apollo Tyres was mixed, with revenue down but the EBITDA margin increasing as a result of decreased RM costs

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8INEOS Styrolution has launched a new material for small medical device housings and casings, designed to meet the specific requirements of the healthcare industry

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8Neste has restarted the production of renewable diesel at its Singapore refinery expansion and is on track to start SAF production in the third quarter of 2023

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8Get the latest rubber prices for Singapore

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8Indorama Ventures has expanded its recycling facility in Brazil with a Blue Loan from IFC and is on track to reach its goal of recycling 50 billion PET bottles by 2025

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8Borouge and Borealis have launched two new sustainable polymer products for the automotive industry, made from up to 70% recycled materials

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