8The chemical logistics industry in India needs to invest in infrastructure, adopt new technologies, and improve its safety standards in order to keep pace with the growth of the chemical industry

8Chemplast Sanmar has inaugurated the first phase of its new multi-purpose block at the Custom Manufactured Chemicals Division, Tamil Nadu, and is on track to complete the second phase in the next 8 months

8A well-coordinated approach that combines strategic planning, differentiated GTM strategy, collaborative ecosystem, policy interventions, and sustainability can help the country lead the petrochemicals revolution

8Archean Chemical Industries Ltd reported Q1FY24 revenue of Rs. 3,543 Mn, leading in Indian Bromine sales, significant exports of Industrial Salt, and plans for Bromine derivative capacity expansion

8Chlor-alkali producers in Brazil are looking to capitalize on the growing demand for renewable hydrogen by producing hydrogen as a by-product of their chlor-alkali production process

8The paper provides a comprehensive overview of the political and economic factors that shaped the development of the petrochemical industry in China after the Second World War

8With a 35% EBITDA margin and solid financials, ZapSib's development is what is guiding SIBUR's push for top-10 petrochemical status

8Tamilnadu Petroproducts Limited (TPL) reported a 45% increase in PBT and a 37% increase in PAT for the first quarter of FY2023-24, despite higher energy and input costs

8Boubyan Petrochemical Company is expanding its business portfolio into education with the acquisition of an education company for KWD 53 million, pending regulatory approval

8Resonac's sales and operating income decreased in 1H 2023, but the company expects to return to profitability in 2023 with share dividend payout

8Injection machine builder Nissei Plastic teams up with materials supplier Sumitomo Bakelite to expand the adoption of EV components moulded from phenolic and epoxy resins

8The use of enzymes to depolymerize waste polyester and re-use the material to make new products is a promising technology, but its economic viability is still being debated

8Automaker will collect and reprocess discarded factory uniforms to create recycled-content automotive interior material

8The manufacturer of pharmaceutical APIs and speciality chemicals saw a YoY increase in net profit of 31% in Q1 FY24, despite a YoY revenue stagnation

8The market for Ethanol in the US is expected to see continued growth despite a decline in production, as new partnerships and technologies boost capacity and efficiency

8Caustic soda prices are projected to rise in the short term in the United States and Asia due to supply problems and progressively rising demand

8South Korea is removing tariffs on Naphtha imports to boost its petrochemical industry and maintain its competitiveness in the global market

8Indian Government introduced PLI Scheme for textiles; aimed to enhance textile production, promote competitiveness, and establish 7 PM MITRA Parks for further growth

8Coca-Cola India launched the first beverage bottle in India made from 100% recycled PET

8Conventus Polymers, a US-based distributor of engineering thermoplastics, is expanding into Southeast Asia by establishing a subsidiary in Singapore to meet the growing demand for its products in the region

8The new plant is the latest addition to Covestro's Integrated Site Shanghai (CISS), the company's single largest production site worldwide

8MGCPL (M.G. Contractors Pvt. Ltd.), the parent company of M G Petrochem Pvt Ltd (MGPPL), has a strong project execution track record and financial profile, but its corporate guarantee for MGPPL lacks an invocation and payment mechanism

8The company is a manufacturer of chemicals such as soda ash, caustic soda, LAB, and FMCG products like soaps, detergents and edible salt, have a strong credit profile, but could be constrained by commodity price cycles, foreign exchange fluctuations, import duty levels, and elevated competition in the S&D business

8The company’s Q1FY24 results were strong, with revenue growth of 14% YoY, EBITDA growth of 34% YoY, and PAT growth of 35.5% YoY

8Four new business line Executive Vice Presidents have been appointed by Aramco to assist in advancing the company's long-term strategy across its value chain and global portfolio