News & Bulletin Updates

Petrochem sources from Mumbai have reported a huge rise in DIBP prices.

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Anionic surfactant prices in the Mumbai market registered a fall today.

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On February 21, 2023 PEG (600) prices fell in the Ahmedabad market.

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Butyl Cellosolve prices have witnessed a huge fall in the Kandla market.

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Acrylonitrile prices firmed up at Mumbai in anticipation of tight regional product avails and improved buying sentiments.

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Petrochem sources reported a significant fall in propylene glycol prices in the Kandla chemical market.

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Petrochem sources confirmed that BAM prices have slipped in the Kandla market.

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An elevated demand trend is noticed in MIBK prices.

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Petrochem sources reported a considerable fall in acetonitrile prices in the Mumbai chemical market.

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8Lion Elastomers and Prime Plastics, part of Vinmar group, have inked an elastomers distribution agreement for the European Union, where Prime will supply several Lion brands of EPDM, sSBR, PBR, SBS, and eSBR materials.
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8The partnership between the University of Milano-Bicocca and the Italian tire manufacturer Pirelli has been extended for an additional six years. Pirelli is able to lessen the environmental effect of tires owing to collaborative research with CORIMAV and the University of Milan-Bicocca.
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8The exclusive and high-end Vredestein Pinza AT tires for SUVs have been made available in India by Apollo Tyres Ltd. These tires provide quieter rides while providing all-weather grip and good stability. Vredestein Pinza AT is a global product, which is manufactured in India.
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8Wickert Maschinenbau debuts the world's quickest heating-cooling press at JEC World in Paris. With heating and cooling speeds of up to 50 K/min, the composite press with a heating platen size of 600 × 600 mm and a pressing force of 25 t shines.
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8For almost 70 years, Goodyear and NASCAR have pushed the frontiers of performance and innovation together, from dirt tracks to superspeedways. Goodyear debuted a new television commercial during the FOX televised race at this year's Daytona 500 to bring this message to life.
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8LIGOSTM C 9375, an all-acrylic latex binder for building and construction applications, has been launched in the US by the company. As a consequence of strong customer engagement, the launch represents a significant component of the Company's transformation and growth plan for its coatings, adhesives, sealants, and elastomers (CASE) division.
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8CPChem and Charter Next Generation (CNG) has announced that overwrap films made from CPChem's Marlex AnewTM Circular Polyethylene, which helps preserve food, secure and sterile medical devices, and provide lightweight and durable product packaging, will be available on store shelves in the United States.
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Feb 20, 2023: Sidel acquires Makro

8With the acquisition of Italian labelling machinery producer Makro Labelling, French blow moulding machinery maker Sidel Group claims it has increased its portfolio in labelling technologies and broadened its presence in essential market categories.
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8This indicates an average compound annual growth rate (CAGR) of about 14% for Biobased polymers, significantly higher than the overall growth of polymers (3–4%).
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8The company has decided to establish a new facility to double the production capacity of its Gohsenx and Nichigo G-Polymer specialty brands of polyvinyl alcohol resin (PVOH resin). The facility is scheduled to start operation in October 2024.
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8The facility will produce about 29,000 tonnes of food-grade recycled PET (rPET) pellets from recycled PET flakes.
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8RePEaT will provide a technology that uses the organic compound DMT for the chemical decomposition, conversion and then re-polymerisation of polyester (PET). Zhejiang Jianxin will use the technology in a polyester-product recycling plant.
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8In order to produce cheaper batteries for a variety of new and existing electric vehicles (EVs), US automaker Ford Motor Co. plans to construct a US$3.5 billion factory in the US. China's CATL, a manufacturer of lithium-iron-phosphate batteries, will provide technology, some equipment, and a workforce for the project.
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8Japanese rubber futures edged up on Friday, buoyed by a lower yen, but were expected to fall for the third week in a row. As of 0210 GMT, the Osaka Exchange (OSE) rubber contract for July delivery was up 0.1 yen, or 0.1%, at 218.9 yen ($1.63) per kg, after touching a low of 217.6 yen earlier in the session.
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8The potential project aims to identify the optimum transformation for multiple solid waste streams to clean fuel or clean energy
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8The project will provide a significant boost to the domestic manufacturing of electronics in India. Discussions are currently ongoing with a few State Governments to finalize the location of the plant.
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