News & Bulletin Updates

8Flex Composite Group, a European leader in engineered textiles and films, will be acquired by Michelin, which is in perfect accord with Michelin's in Motion 2030 vision

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8Yokohama Rubber Company plans to invest INR6.71bn (USD 80m) to expand its annual production capacity of passenger car tyres in India through Yokohama India, boosting the existing line in  Andhra Pradesh

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8The top five products (Paracetamol, Ibuprofen, Metformin, Methocarbamol, and Guaifenesin) contributed 85% to FY23 revenues

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8With a projected production capacity of 500,000 tonnes per year and an anticipated start in 2025, BASF has begun constructing a polyethylene plant at its integrated complex in China

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8Get the latest rubber prices for Singapore

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8Dow partners with P&G China to make air capsule e-commerce packaging recyclable, providing a practical and economical approach to safeguard items while minimising superfluous packaging

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8In addition to showcasing human-technology interactions, LIST's fifth Tech Day announced a partnership with Goodyear for joint material development and mobility breakthroughs

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8After reaching a value of USD 165.35 billion in 2020, the worldwide market for wires and cables, as assessed by voltage, material, installation, end-use, and key countries, is anticipated to expand at a CAGR of 5.4% from 2023 to 2028

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8For excellence and commitment to sustainability, TRAC honoured outstanding people and groups in the tyre and rubber industry

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8Berger Bürstmaschinenbau was acquired by DESMA, strengthening its automation technology capabilities and allowing it to offer complete production solutions from a single source

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8Get the exact quotes for CPCL's FCC and PP units here

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The cost of Formic acid decreased significantly in the Mumbai market.

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Dilute nitric acid prices have dropped dramatically in the Ahmedabad market.

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An elevated trend is noticed in ortho-xylene (OX) prices.

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According to reliable sources in the petrochemical industry, there has been a decline in the prices of phthalic anhydride in the Delhi market.

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Today, a notable decline in aniline prices has been observed in the Mumbai chemical market.

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PVA 24-88 prices have undergone a notable reduction in the domestic market, specifically in the Mumbai petrochemical market.

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The domestic market for TDI 80/20 desmodur recently saw a drop in pricing, particularly in the Mumbai sector, where rates fell. 

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Prices for epichlorohydrin in the imported market dropped, but rates in the Mumbai market fell.

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According to petrochemical industry sources in Delhi, the cost of diethylene glycol mono butyl ether has risen due to a supply shortage, resulting in higher global market prices.

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Petrochem sources reported a significant fall in styrene-butadiene-styrenegrade LG501 prices in the Mumbai market.

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The Mumbai imported market saw a reduction in the price of phosphoric acid 85% food grade on June 20, 2023, with the price dropping from Rs. 115/kg to Rs. 112/kg, a decrease of Rs. 3/kg.

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On June 20, 2023, Petrochem sources reported a fall in benzyl alcohol prices in the Delhi market.

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Today, there was a rise in the prices of dioctyl Adipate( DOA) in the Delhi market due to an ongoing shortage of the product.

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Pine oil 32% prices in the Delhi domestic market experienced a considerable drop on June 20th, 2023.

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