News & Bulletin Updates

As of May 19, 2023, the domestic prices of PA6 Extrusion (E35).

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As the market for Nylon 6 (PA6) continues to experience strong demand, prices in the Delhi market have seen a notable surge.

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On May 19, 2023,  PP (M304)  prices were quoted lower in the Delhi market.

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The cost of maleic anhydride has lately decreased in the Ahmedabad import market.

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In the Delhi metal market today, the prices of zinc alloy Grade-Zamak3 experienced a decrease.

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A cut in zinc ingot prices in the Delhi market was recorded today.

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8Hyundai India Partners with Shell India To Enhance EV Charging Facility

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8L&T and ISGEC Deliver Heavy Reactors for Numaligarh Refinery Expansion 

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8HPCL to set up Rs 500 cr ethanol plant in Una

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8GAIL is finally taking action against its main supplier

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8This LNG terminal has opened price bids

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This offshore tender has left ONGC complete out of options
8This is despite having a reasonable L-1 price

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8With these set of rigs, ONGC seems to be running into very rough weather

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The refining segment is the price of gas is right can consume a whole lot of gas
8Here is Haldia refinery, getting ready for a pipeline connection via GAIL
Find out at 8 MMTPA capacity how much gas they can take in

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Dewas District City Gas Distribution Project: An update
8Project Name: Dewas District City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details.

Meerut District City Gas Distribution Project: Update
8Project Name: Meerut District City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details.

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Rs. 3500 crore greenfield pumped storage project: RFQ ahead
8The forest clearance stage 1 is to be approved.
8Approach road construction has been completed
8RFQ for the civil works package is likely to be floated in Q3 2023
 Click here for more details 
Rs. 2850 crore greenfield multi-purpose project: RFQ ahead
8The tender has been floated for the DPR consultant
8RFQ for the  SIA consultant is likely to be floated in July 2023
 Click here for more details

Rs. 4500 crore greenfield pumped storage project: RFQ ahead
8The TEC of DPR has been approved
8Consultants have been selected for the SIA.
8RFQ for the civil works package is likely to be floated in Q3 2023
 Click here for more details

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8Steel demand fell short of expectations as orders from downstream industries weakened in April, resulting in a decline of 300 yuan/mt in steel scrap prices in China by the end of April compared to March-end

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8The growing steel demand is a major driving factor for the iron ore market, as per a research report the Iron Ore market could thrive at a rate of 2.70% between 2023 and 2030

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Gain insights into the financial performance of these companies during the quarter and fiscal year, with the period ending on March 31, 2023
8Facor Alloys Ltd
8JSW Ispat Special Products Ltd
8Electrosteel Castings Ltd
8Jindal Stainless Ltd
8Vesuvius India

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8The extended partnership will see Nexen Tire continue to engage its marketing initiatives while focusing on its brand identity, “We Got You,” as a commitment to its customers, fans, and partners

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8The company has announced its participation in the Plastics Recycling Show Europe (PRSE) in May, where it will showcase a new mono-material pouch made primarily of polypropylene (PP) and specifically designed for easy recycling, with over 95% PP content

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May 18, 2023: Sumitomo under new VP

8Rob Montasser has been appointed for the position of Vice President, replacement sales, as per Sumitomo’s SRNA policy

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8Teknor Apex has recently completed the acquisition of Nu-Pro Polymers, a company specializing in flexible PVC compounds that integrate high levels of post-industrial recycled content, reaching up to 90%

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8The South Korean company plans to be a top global battery material manufacturer, targeting 30 trillion won/yr ($22.6 billion/yr) in sales by 2030, as part of its broader growth strategy

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8Learn essential strategies from Chemexcil's webinar on entering and expanding businesses in China, providing valuable guidance to enterprises

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