News & Bulletin Updates

8The company expects robust Soda Ash demand in India, plans growth, and seeks to reduce debt

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8Neste will build upgrading facilities at its Porvoo refinery in Finland to process 150,000 tons of liquefied plastic waste annually, as part of the PULSE project supported by a €135 million EU Innovation Fund grant

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8BCCK has been deployed to design and construct an NRU facility, which will utilize its's 220 million ft /d NiTech Style IV NRU designed optimally for plants operating in both ethane recovery and rejection

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8The global sports textile market is witnessing significant growth at a CAGR of 5.75%, positioning Technical Textiles as the 5th largest market globally, while the PLI Scheme for Textiles aims to drive production, attract investments of USD 2.5 billion, and generate 7.5 lakh new job opportunities

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8A new era of revolutionary chemical manufacturing is about to begin with the opening of Hyundai Chemical's cracker facility in South Korea

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8In South Korea, S-Oil Corp. is getting ready to restart its No. 2 Paraxylene (PX) facility

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8Shandong Haihua Group, the largest soda ash producer in China, is reportedly planning to take offline its soda ash unit in China

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8Brunei Methanol Company (BMC) is preparing to commence operations at its methanol plant located in Indonesia

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Prices for triethanolamine in the imported market dropped, but rates in the Ahmedabad market fell.

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According to petrochemical sources, the TDI GNFC exwork rate has dropped drastically.

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On June 16, 2023, the price of TDI make GNFC decrease in the Mumbai market, according to information from Petrochem.

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The cost of pendimethalin (30% ) has observed a decline in the domestic market of Ahmedabad.

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An increase in 2 ethylhexanol prices has been noted in Mumbai today.

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In the Mumbai market today, the prices of phosphoric acid 85% food grade experienced a decrease.

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On June 16, 2023, phosphoric acid 85% TC  prices were quoted lower in the Mumbai market.

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BPA prices were quoted lower on the Mumbai market on June 16, 2023.

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On June 16, 2023, reports from petrochemical sources indicated that the imported prices of epichlorohydrin remained unchanged for several days due to a lack of purchasing activity in the chemical market.

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Recently, the Imported market observed a decline in Cyhalothrin 97% pricing, notably in the Chemical industry.

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Today, the price of thiamethoxam 97% tc drops in Delhi's imported market.

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According to Petrochem sources, Hexaconazole 97% costs have increased in the Delhi chemical market.

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Imidacloprid prices increased in the Delhi market today.

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The prices of Zinc oxide 99.5% in the Mumbai market have been consistently rising due to strong demand.

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It has been verified that the cost of Glycerine Ip has fallen in the Delhi chemical market.

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Trimethylolpropane prices in Mumbai have grown due to growing demand.

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PP (2120MC) prices have undergone a notable reduction in the domestic market, specifically in the Chennai petrochemical market.

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