News & Bulletin Updates

8Lotte and Polymateria Ltd collaborated to commercialize Resin+, a biodegradable resin
 8The five-year partnership supports LCT's vision of addressing climate change and reducing environmental impact in their business operations

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8Seven chemical companies, part of the LCET initiative, team up with Dutch firm TNO to create a low-carbon R&D hub, initiated to commence in the second half of 2023

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8The facility in Japan will utilize proprietary technology to recover around 40,000 tonnes/year of CO2, which will be converted into feedstock for the production of MDI
8The switch from naphtha to CO2 will contribute to the company’s low-carbon manufacture of its isocyanate products

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The Kanpur market has recently experienced a sharp decline in prices of HDPE Grade B52A003A (GAIL), primarily due to sluggish regional buying conditions.

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The Mumbai market has recently experienced an uptick in demand for Polycarbonate (PC).

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Recent market analysis reveals that the price of PP RCP Extrusion B200 (HPL) in the Delhi market has remained unchanged, indicating a steady regional demand for Haldia Petrochemicals.

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Recent reports from petrochemical sources indicate a decline in the prices of PP grade 2120MC (IOCL) in the Chennai market.

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In recent developments, ABS (MIF45) prices in the Mumbai market have witnessed a notable decrease.

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According to reports from metal sources, the price of Electrolytic Copper Rod Grade (99.95%) in Mumbai has remained consistent.

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According to Petrochem reports, the Bright Aluminium wire price in the Ahmedabad market has dropped.

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The Delhi market's secondary lead prices have surged today.

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Today, the price of FDY in the Ahmedabad domestic market has been reduced.

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Reliable sources within the petrochemical industry have confirmed that the Ahmedabad market has witnessed a decrease in the prices of DTY Grade 75D/72F.

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On May 17, 2023, Petrochem sources reported a drop in EPDM grade 3072 prices in the Delhi market.

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Demand for EPDM grade 5601 in the Delhi market has been strong, leading to an increase in its price.

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Demand for Acrylic acid in the Mumbai market has been strong, leading to an increase in its price.

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On May 17, 2023, Palm oil prices were quoted lower in the Ahmedabad market.

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Petrochem sources reported on May 17, 2023, with a confirmed fall in Manganese oxide prices in the Mumbai market.

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Manganese sulfate prices in Ahmedabad were assessed lower today. 

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A cut in silver prices in the Delhi market was recorded today.

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Zinc ingot prices were assessed lower in the Delhi market today.

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An increase in Zinc oxide prices has been noted in Delhi today.

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Mumbai witnessed a notable rise in Acrylamide prices on 17th May 2023 as a result of an ongoing scarcity of the product.

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According to sources within the Petrochem industry on May 17, 2023, the Hydrofluoric Acid prices in the Delhi market experienced a decline.

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On May 17, 2023, the Ahmedabad market had a surge in the price of cryolite owing to insufficient product supply.

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