News & Bulletin Updates

8rPE launched by the new company is designed to support recycled content and decarbonization goals of converters and brands while setting new industry standards for driving the transition towards a circular economy for plastics
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8With the new facility, the company underlines its commitment to meeting the substantially growing demand for its microcrystalline cellulose.
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8As energy prices skyrocketed in reaction to the Ukrainian conflict, UK industrial acid output has dropped by as much as 70-80 per cent. Manufacturing at Tata Steel's Port Talbot plant in the United Kingdom is being hampered by a scarcity of locally manufactured hydrochloric acid, which is needed in the pickling and annealing processes.
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8The company forecasts sales to rise by 1-3 per cent in the first quarter of 2023 compared to the previous year, bringing total sales to between 1.43 million and 1.46 million short tonnes (st) of metal products.
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Feb 20, 2023: NMDC wins five awards

8India’s largest producer of iron ore, NMDC receives five awards at the Governance Now 9th PSU Awards, which recognize and celebrate PSU's dedication to enhancing public sector standards in order to create socioeconomic value for the country.
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8Find out more about the details of the conference.
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On February 20, 2023, sodium tripolyphosphate industrial-grade prices were pushed higher in the Delhi  market.

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8Get the latest steel company filings here in order to stay up to date with what is happening.
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An elevated trend is noticed in dicalcium phosphate feed grade 17% powder  prices.

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8The performance of the company has been impacted due to China’s prolonged Zero-COVID policy.
But there has been a dumping of goods by Chinese polyester filament manufacturers, and this has affected realizations and margins during last quarter.
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On February 20, 2023, Petrochem sources reported a fall in phosphoric acid 85% tc prices in the Mumbai market.

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22% nickel sulphate prices firmed up in Ahmedabad on expectations that regional products remained limited and buying sentiment improved.

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Nickel scrap 99.99% prices firmed up in Mumbai in anticipation of tight regional product availability and improved buying sentiments.

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8The transaction, which was first announced on 09 August 2022, is expected to close on 28 February 2023.
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8Neste, Uponor, Wastewise, and Borealis have successfully constructed pipes composed of cross-linked polyethylene (PEX) based on feedstock obtained from chemically recovered post-industrial waste plastic from PEX pipe production, utilizing an ISCC PLUS-approved mass-balancing technique. The collaborating firms think that this initiative is one of the first to conduct chemical recycling of PEX.
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8The capacity has more than doubled. The site can now produce the equivalent of 6,000 metric tons of blended final probiotic product per year.
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8Topsoe’s hydrogen technology will enable ExxonMobil to produce hydrogen at a mega-scale as well as capture and store more than 98% of its associated CO2 emissions, or around 7 million metric tonnes
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Bright Aluminium prices have escalated in the Mumbai market today.

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

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8The new facility will convert mixed plastic waste, which today mostly ends up in landfills or incineration, into recycled feedstock. LyondellBasell will use recycled feedstock provided by Nexus Circular to produce new plastics.
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8The partnership will drive the development, commercialisation and adoption of advanced, fully-integrated solutions for plastic waste processing.
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8The plant, with a production capacity of 70,000 t/yr of rPET, is likely to finish construction by 2027.
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8The largest cruise ship operator in Europe, Costa Group, and the largest manufacturer of methanol, Proman, have teamed up to promote the use of methanol as a marine fuel. The arrangement will improve the availability of sustainably produced methanol and make it possible to convert Costa's current fleet to use the fuel.
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8Get the latest rubber prices for Singapore.
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8Find out more about the company’s sustainability targets, a mission to be accomplished by 2050.
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