8On July 18, 2023, the Mumbai market saw a significant increase in methylcyclohexane prices

8On July 18, 2023, PGMEA prices in the Mumbai imported market decreased

8Today, there was a price hike in the Ahmedabad market for Tetrachloroethylene due to an ongoing shortage

8Today Ahmedabad chemical market saw a huge drop in Maleic anhydride pricing. in the Ahmedabad Imported market

8Today saw a huge drop in phenol pricing in the Kandla imported market

8In the Kandla market, N-butanol prices are gradually falling

8Dahej SEZ Limited has proposed to develop Industrial Park and Multi Product SEZ in a total area of 715 hectares
8The expected rise in the businesses of units operating within the Dahej-Bharuch region, increase in exports, the Government’s agenda of import substitution, and “Make in India” initiatives stand to benefit this upcoming project
The proposed project cost will be Rs.1567 crores

8With this new tool, we will be able to define how to use those chemical elements that are widely available and begin to create materials to replace those based on scarce or toxic elements, as well as to find materials that outperform those we rely on today, meeting the future challenges of a sustainable society

8The two companies have partnered up to further develop CO2-based polymers and to scale up to a pilot plant with an indicative capacity of 10 tonnes per annum

8The company has invested a total of EUR280 million since 2012 in its Innovation Campus Shanghai, thus enhancing its innovation capabilities and better supporting its customers in China and across Asia

8The JGC Group has planned a total of about 20 billion yen in facility investment between 2025 and 2030, which includes the current purchase of land for business operations
8The sites will support JGC C&C in meeting client carbon-neutrality initiatives and growing needs for new products spurred by accelerating digital transformation

8If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66 kt/year

8Chemical firm LyondellBasell has invested in a new Carbon Neutrality Fund led by Chrysalix Venture Capital
8The fund will support emerging companies developing and deploying new low-carbon technologies, focusing on hard-to-abate sectors, such as the chemicals industry

8Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, has appointed new residents for the polymer and pine chemical segments

8A fund backed by Japan's government has offered to buy out JSR Corp, a firm central to the manufacture of semiconductors, in a deal worth US$6.2 billion

8LyondellBasell has completed the acquisition of Mepol Group, a manufacturer of recycled, high-performing technical compounds located in Italy and Poland

8UK’s Ineos says it has signed a deal to acquire TotalEnergies’ 50% share of chemicals and refinery complex assets in Southern France
8This strategic deal will fully integrate the Naphthachimie, Gexaro, and Appryl petrochemical businesses, assets, and infrastructure into Ineos Olefins & Polymers

8Mitsui & Co Ltd has executed a share purchase agreement to acquire 100% of a company that manufactures proprietary energy pipeline repair equipment and provides engineering services worldwide

8Austria’s OMV is joining talks with Abu Dhabi National Oil Company (ADNOC Group) about merging some of their assets to form a chemicals and plastics giant

The Asian giant is a voracious consumer of natural rubber
8So much so that it multiplies the volumes monopolized by other prominent countries in its market, such as India, the US, Thailand, or Japan
8China’s role is not limited to demand, however
8Recently, a detailed and extensive report points out the role of two Chinese companies in its exploitation

8Chemical firm Roehm will stop methyl methacrylate (MMA) production at its American plant in June 2025
8The plant will continue to process material and supply the market until the scheduled closure
8This is in line with the start-up of a new world-scale MMA production plant

8Officials say a fire at a Louisiana chemical plant triggered explosions that shook homes several miles away and sent flames and smoke billowing into the air
8Residents were warned to stay indoors for hours

The Adanis have caused a split right down this oil & gas regulatory body
8The divisions are apparent
8Then are questions raised too

This is a CBM company that is highly profitable, with an EBITA margin of 50%.
8And it claims to have world-class resources
8But then this is what the company had been claiming for a long time

8There was a good response elicited by ONGC