News & Bulletin Updates

8On July 18, 2023, Petrochem sources reported a fall in Stearic acid 1843 prices in the Mumbai market

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8The prices of Titanium dioxide b101 in the Delhi chemical market witnessed a decline today

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8Petrochem sources reported a rise in Delhi’s Carbon Black grade N220 Prices today

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8Carbon Black grade N330 prices were higher in the Delhi rubber market

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8On July 18, 2023, Petrochem sources reported a fall in diethanolamine prices in the Mumbai market

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8Reliable sources in the chemical sector have confirmed that the price of phosphoric acid 85% food grade has decreased in the Mumbai market

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8Prices for Soap noodles 80;20 are rising because of strong demand in the Mumbai market

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8On July 18, 2023, Petrochem sources reported a surge in the prices of Hexaconazole 95% tc in the Mumbai chemical market

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

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

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

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

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

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

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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

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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

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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

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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

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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

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

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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

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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

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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

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

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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

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