8ONGC’s standalone production of oil & gas (including JV share) has declined by 6.7mtoe in the last 4 years. While the start of production from KG basin assets and new assets is expected to redress this trend over FY23-FY27, experts remain conservative in their estimates.
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8Volumes and prices remained stable during the quarter, barring marginal impact due to the holiday season in USA and Europe. The demand for new fluoropolymers continues to be robust, leading to price stability. Fluorine molecules are gaining traction over the conventional molecules due to the increased biological activity of agrochemicals and pharmaceuticals, creating more market demand. New fluorochemical plants that have now been commissioned are expected to gradually ramp up production in the upcoming quarters as soon as product qualifications are received.
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8To meet the challenges underground mining faces, the company has significantly improved their solutions for articulated dump trucks and load haul dump loaders. This underground mining lineup not only delivers advantages required for aggressive applications but also provides various heat-severity requirements for customers globally.
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8The Women's Business Enterprise National Council has designated DuPont as one of the 2023 America's Top Companies for Women's Business Enterprises. America's Top Companies award is the only national accolade given to organizations for world-class supplier diversity policies that help women-owned businesses flourish.
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8Currently, Suspension PVC dominates the
sales mix for the company. However, in terms of profitability, the share of Specialty vehicles is larger. In the long term, once the proposed expansions come on- stream, Specialty vehicles would contribute an even larger share of profitability
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8Get the latest domestic prices for Hazira HDPE grades.
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8The company’s consolidated revenue fell 9.1% year on year and 8.5% quarter on quarter. Textile and AHN reported stable performance. Rossari’s net profit increased by 17% QoQ.
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8The International Sustainability and Carbon Certification (ISCC), a global certification system for sustainable products, awarded Sumitomo Chemical its first ISCC PLUS accreditation for acrylonitrile manufactured at its plant in Japan.
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8The company produces cotton yarn in the count range of the 40s – 80s with a spinning unit located in Andhra Pradesh. Why is it not cooperating with the rating agency?
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8The 30by30 Alliance for Biodiversity is a coalition of companies, local governments, and other organizations committed to making efforts throughout Japan to achieve “30by30,” an international goal of conserving and protecting more than 30% of land and sea areas by 2030 and realize a nature-positive world.
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8GNFC is concentrated more on chemical production than fertilizers
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Deepak Fertilizers signed a Rs 8000 crore supply deal
8The company has also launched some speciality crop nutrients
8Clearly, the company is doing very well indeed.
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8The latest weather and crop outlook report makes for interesting reading
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There is news on
8Nutrient Ltd
8Mosaic
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8This herbicide and fungicide company plans to launch more products
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8No change in rail tariff rates for this non-traditional fertilizer
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8NFL posts a massive spurt in profits
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There are some interesting research papers which have come up
8A waste to liquid fertilizer use study
8Impact of using manure with chemical fertilizers
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Here is an example of a growing crop of soil health companies with cutting edge technology and manufacturing capacities.
8The margins are great and the market is limitless
8Here is an example
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Here is a fertilizer company, and this is neither Coromandel or Deepak, whose return on capital has shot up from 12% to 40% and return on equity from 11% to 26%
8What is it doing right?
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8One Ammonia Shipment is coming up on 17 Feb 2023.
8Two Phos acid Shipment are coming up on 21 Feb 2023.
8One Sulphuric acid Shipment is coming up on 22 Feb 2023.
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What is the slope to Brent that buyers are now willing to pay in a gas auction in India?
8Some bitter lessons were learnt in the auction carried out by Vedanta
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Seamless tube prices strengthened in Delhi on tight regional product availability and better buying expectations.
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Ahmedabad is witnessing an increase in the prices of galvanized square tubes.
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On February 17, 2023, petrochem sources reported a fall in EPDM grade 245 prices in the Delhi market.
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