News & Bulletin Updates

8Find out today’s prices for the category Olefin’s product Isobutylene

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8The latest price trend in South Korea, China, Rotterdam and the US Gulf

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8Get the latest prices of BRENT in Europe and US Gulf WTI

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8Get the most recent information on the global pricing of Naphtha in Japan and Europe

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8The global price index includes trends from the previous month, however the price is increasing today in multiple regions

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8Evonik's on-site hydrogen peroxide megaplant ensures the safe, secure, and high-quality production of the crucial raw material

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8The technology is expected to be used in power devices and RF devices, including 5G and beyond 5G applications

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8Evonik's acquisition of Botanica further strengthens its position as a leading sustainable specialty partner for the personal care industry

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8Despite repeated summons, Dow Chemical, the current owner of Union Carbide, is yet to appear in the Bhopal court to face trial for the 1984 gas tragedy

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8Nigerian National Petroleum Company Ltd (NNPC) and Indorama to invest $7 bn in Nigeria's petrochemical sector, backed by the government's commitment to the sanctity of contracts and business-friendly environment

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8Icra has revised the outlook on petrochemicals and basic chemicals industries to negative from stable due to weak demand and a global supply glut, while the speciality chemicals outlook remains stable

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8Get the latest rubber prices for Singapore

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8Styrenix Performance Materials Ltd's (SPML) strong bank facility ratings stem from its leadership in India's ABS and SAN markets, advanced manufacturing, diverse clientele, and stable demand, yet it faces profit volatility due to raw material prices and competition from imports

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8SLB and INEOS Energy partner to accelerate the adoption of AI-powered subsurface technologies to reduce carbon emissions and drive growth

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8The spot resin markets slowed down in late August due to a decline in demand, but prices remained firm due to tight supply and rising costs

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8The Chair of Neste's Board of Directors and the company's three largest shareholders have each appointed one of the board's four members

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8New ASEAN Energy, partners with ChemOne to establish a petrochemical complex in Southeast Asia using next-generation technology to meet growing demand

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8In Italy, LyondellBasell to permanently close its oldest polypropylene line, citing challenging market conditions and high freight costs

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8Government budget constraints and high crude oil prices are suppressing bitumen margins in Europe, despite sellers' efforts to raise prices

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8In 2022, the chemical industry saw strong sales growth but inflation impacted profits, 2023 remains uncertain with mixed earnings reports and slowing global economic growth

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8At RubberTech China 2023, Birla Carbon will display its environmentally friendly carbon-based products for the tyre and MRG industries, including ContinuaTM SCM, a circular carbonaceous material with a less carbon footprint

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Sep 08, 2023: Plant Update

8Petrobras Regap refinery: Maintenance shutdown
8CPC Corp: BD unit turnaround
8Shell Chemicals: EG, EO maintenance
8Wanhua Chemicals: PVC plant offline
8TASCO Chemical: MEK plant turnaround
8Oriental Energy: PP unit offline
8SABIC: Cracker shutdown
8Grupa Azoty: Oxo-alcohols plant offline
8LG Chem: NBR plant maintenance
8PT Justus Sakti: MA plant outage

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8An increase in Palm oil prices has been noted in Mumbai today

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8Natural Latex grade H.M.L prices have improved in Delhi

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8On Sep 08, 2023, sources in the petrochemical industry indicated that prices of Glycerine IP have experienced a reduction in the Ahmedabad chemical market

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