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8The fundamental custom duties, cesses, and surcharges on a few goods—including toys, bicycles, vehicles, and naphtha—have seen minor changes in the current Budget 2023–24. With the exception of textiles and agriculture, it plans to reduce the majority of basic customs tax rates on items. Denatured ethyl alcohol is considered to be exempt from basic customs charges in the budget since it is used in the chemical industry.
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8At Plastindia 2023, the leading international flexible packaging and solutions provider in India, UFlex Limited, will display a variety of printing cylinders, inks, adhesives, coatings, sophisticated printing, laminating, and slitting equipment.
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8Welspun India released mixed Q3FY23 results. In addition to addressing demand weakness in its major market, the firm is also looking forward to a number of possibilities, the biggest of which being the UK and EU Free Trade Agreement.
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8Major international companies will participate in the Plastindia 2023 expo to showcase their current lineup of products and services.
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8The Indian paint industry plans to invest billions of rupees over the next five years. This will help the business extend its market and flourish as a whole.
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8Get the latest domestic prices for Hazira HDPE grades.
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8Get the latest rubber prices for Singapore.
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8The status of the company's share repurchase was disclosed by Mitsui Chemicals, Inc. Learn what is said in the repurchase notice.
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Offshore rig utilization levels nears those seen in the last super-cycle
8Indian owner reaps record profits
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This is a Rs 1000 crore onland crude sweetening job
8But the work is very complicated, and the last date for tender submission has been extended
Find out what is ahead with this project as also those who attended the pre-bid meeting  

8Project Name: Lakhisarai, Munger and Bhagalpur  Districts City Gas Distribution
8Project Cost: Rs 300 crore.
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8Project Name: Aurangabad, Kaimur & Rohtas Districts City Gas Distribution
8Project Cost: Rs 250 crore.
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Two about-to-be-completed LNG projects may witness the government distancing itself from them.
8As the possibility of political liability looms
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DAP/NPK Greenfield Project
8Cost: Rs 300 Crore
8Project Event: RFQ for the LSTK contractor is likely to be released in March in place of January 2023, due to delay in the discussion. The PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned
Nano DAP Greenfield Project
8Cost: Rs 325 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released at the end of February 2023 .The company has submitted the proposal for the term of reference in Oct 2022, which is granted in Nov 2022.

A sharp lift in acetone prices is noticed in Mumbai prices.

An elevated trend is noticed in MX prices.

Benzene prices have escalated in the Vizag market today.

Inco nickel prices in Delhi are at Rs.4240/Kg, a spike of Rs.10/Kg, from the last price of Rs.4230/Kg.

On February 02, 2023, Petrochem sources reported a fall in isoprene rubber grade SKI-3s prices in the Ahmedabad market.

On February 2, 2023, cyclohexane prices were pushed higher in the Mumbai market.

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

Petrochem sources reported a massive fall in aniline prices in the Mumbai chemical market.

Petrochem sources reported a significant fall in aluminium alloy ingot prices in the Ahmedabad market.