News & Bulletin Updates

An increase in acetic acid prices has been noted in Mumbai today.

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8The ABS open markets in Mumbai, Delhi, Ahmedabad, and Rajasthan experienced a subdued purchasing activity

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8Purchasing activity in the Polycarbonate open marketplaces of Mumbai, Delhi, Ahmedabad, and Rajasthan has slowed

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8In the open EVA (Ethylene-Vinyl Acetate) markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad, the purchasing activity remained sluggish

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8Domestic producers may roll over PP, PE, and PVC prices

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8Styrene Monomer (SM) prices remained unchanged in the United States as the market remained closed due to the Juneteenth holiday

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8Ethylene prices in Europe edged down on Monday, as cautious buying and ample supply kept a lid on prices

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8The propylene market in the United States showed no significant change as prices remained flat

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 8Ethylene prices stable in US, Asia

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8The IEA's June report warns that olefin producers in Europe and East Asia could experience substantial cost pressure and potential production cuts within the next six years.

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8Breaking ground on India's largest CPVC resin factory in Gujarat, doubling capacity at its location, and launching a grease lab in Mumbai are among the key initiatives

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8Bromine prices declined 41.4% QoQ, volumes dipped 61.3% YoY to 377te while SOP prices rose 3.7% QoQ

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8The company's $100 million investment in its Junction City, in the US, operations will generate 200 new jobs and increase the capacity of Camso rubber tracks for agricultural equipment, boosting the state's economic development and commitment to sustainability

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8Soy Tyre Giveaway by the Nebraska Soybean Board promotes soybean oil as a sustainable alternative to petroleum in tyre manufacture

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8With an increasing demand for durable, heat-resistant, and abrasion-resistant materials, the Solid Rubbers market is expected to grow annually by 12.4% CAGR from 2023 to 2030

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8The company has resumed operations at its Gujrat Plant which were suspended due to Cyclone Biparjoy for the safety of people and assets of the company

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8African industries have been revolutionised by Chinese rubber processing companies, increasing output, sales, and job prospects for economic growth

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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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