8World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in April 2023, a 2.4% decrease compared to April 2022

8Yokohama Rubber was successful in eliminating counterfeit versions of the company’s aluminium wheels in China, and the company has confirmed that all five distributors have been fined and the counterfeit aluminium wheels have been destroyed

Get the financial performance of these companies for 2022-23
 8Ahmedabad Steel Craft Ltd.
 8Ankit Metal and Power Ltd
 8Eastcoast Steel Limited
 8Tata Steel Limited
 8Welspun Corp Limited
 8Hindalco
 8Steel Authority of India Ltd

8Points of Light, the world's biggest organisation dedicated to motivating, training, and engaging individuals to take action to transform their communities and the planet, has designated the corporation a 2023 honoree and the Materials Sector leader of The Civic 50

8Consumption of the material for 2022-23 is provisionally estimated to reach 13,50,000 tonnes, with a growth rate of 9%, the total volume of NR consumed last year was 12,38,000 tonnes

8The company has announced it is now sourcing 100% of its natural rubber supplies from companies committed to sustainability

8By 2027, new construction and development projects, mainly in China and India, are predicted to fuel Asia's 54.8% share of the global ethylene industry's capacity increase

8IOCL’s PMC contract for the maleic anhydride (MAH) unit at the Panipat refinery and petrochemical complex has been awarded

8The planning and coordination division, ICT solutions business sector of Mitsui Chemicals has a new president

8Mitsubishi Heavy Industries is actively developing hydrogen and CO2 ecosystems through technology development and partnerships, seizing opportunities presented by the Energy Transition

8Ampacet has introduced a line of colour masterbatches for blow-moulded PET that features a refreshing water droplet effect and vibrant hues that are said to represent optimism, resilience, and new beginnings

8Net Your Problem, a company that collects gear from fishers and supplies recyclers, collaborated with BASF, Grundens and Trinamix to focus attention on marine plastic recycling

8RDAbbott will host a free webinar titled “Effect of Thermax N990 on EPDM Electrical Percolation Threshold”

8Sumitomo announced that they have begun supplying the high-performance Dunlop sport maxx tires to Subaru for use as factory standard tires on their all-new Subaru Impreza

8Dow and New Energy Blue have made s long-term supply agreement in which New Energy Blue will create bio-based ethylene from renewable agricultural residues and Dow will purchase this bio-based ethylene, reducing carbon emissions from plastic production, and using it in recyclable applications across transportation, footwear, and packaging

8The significant investment will see new state-of-the-art machinery brought into Bridgestone’s Bulldog Factory in the UK and will transform its retread offering, which is a sector that currently accounts for around 24% of commercial tires sold in the UK per year

8Bridgestone, in collaboration with Indianapolis Motor Speedway, Penske, and Shell, has made the 107th Indianapolis 500 a sustainable event by using recycled materials in the Firestone Firehawk tyres, employing electric trucks for transportation, and following eco-friendly production practises

8Worley completes the sale of its United States turnaround and maintenance business to CAM Industrial Solutions, supporting a strategic focus on growth markets and sustainability-related ventures

8Get the latest rubber prices for Singapore

8Toray Industries, Mitsui Chemicals, and Kumagai Co. Ltd. have jointly developed a revolutionary mono-material film packaging material and manufacturing process that is free of volatile organic compounds

According to sources in the petrochemical industry in Ahmedabad, the cost of dicalcium phosphate (DCP) has increased.

The Mumbai 2-Ethylhexanol  market has witnessed a surge in prices due to a combination of tight supply and high demand.

Today in the Delhi market, there has been a decrease in the prices of dioctyl adipate (DOA).

Strong demand drives up hydrofluoric acid prices in the Delhi market.

Due to an increase in demand, the prices of Trichloroethylene in the Delhi market have experienced a notable surge.