News & Bulletin Updates

8Despite all the challenges and barriers imposed by outside factors such as US sanctions and the coronavirus epidemic, which has seriously harmed the performance of the world's top manufacturers, Iran has emerged as the ninth-largest producer of steel in the world after generating 2 million and 700 thousand tonnes of steel in the first month of 2023, who has been consistently expanding over the last years.
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8The company, its group, and its subsidiaries operate in more than 90 countries across the oil and gas value chain, including power generation, and other energy-related businesses such as renewable energy and energy services, with revenues exceeding 110 billion USD. Petronas is Malaysia's fully integrated oil and gas (O&G) multinational, amongst one of the FORTUNE Global 500's largest corporations.
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8Kanoria Chemicals & Industries Limited (KCI) is constructing a new Formaldehyde unit at its current Gujarat manufacturing site using cutting-edge Metal Oxide-based technology. This expanded capacity, equipped with better technology, will meet rising demand in various industries throughout the area, as well as in export markets. This investment is targeted at generating resources in line with the company's 'Vision-2030'.
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8China generates 60% of the world's methanol production, making it the largest producer in the world. The first hydrogen and methanol refueling service station in China was formally opened by the China Petroleum & Chemical Company (Sinopec), which can create 1,000 kilos of hydrogen per day with a purity of 99.999 percent. Methanol to hydrogen conversion is the best method for producing hydrogen since it is cheaper to store and transport than hydrogen.
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8With two injection moulding machines shipped to the USA, the largest machines ever manufactured at ENGEL’s Austrian facility with a clamping force of 8,000 tonnes apiece, the Austrian injection moulding machine manufacturer established a new record.
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8Get the latest rubber prices for Singapore.
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Petrochem sources reported a significant fall in EPDM grade 960 prices in the Mumbai market.

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Acrylic acid prices firmed up at Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

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Petrochem sources reported a considerable fall in Isophthalic acid prices in the Delhi chemical market.

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Petrochem sources reported a cut in trimethylolpropaneprices in the Ahmedabad chemical market.

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Petrochem sources from Mumbai have reported a rise in styrene-acrylic latex prices today.

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Manganese sulfate prices were assessed lower in the Mumbai market today.

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Silicon metal prices witnessed an increase today.

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A  rise was recorded in silicon metal prices in Mumbai.

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On February 22, 2023, Petrochem sources reported a fall in silver prices in the Mumbai market.

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Rhodium prices were low in the Mumbai market today.

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An increase in zinc alloy Grade-Zamak 3 prices has been noted in Mumbai today.

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A significant cut in zinc ingot prices in Mumbai was recorded today.

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Petrochem sources reported a significant fall in triethanolamine prices in the Mumbai chemical market.

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A fall in diethanolamine prices in the imported market of Delhi was recorded today.

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Petrochem sources reported a sharp fall in aluminum fluoride prices in the Ahmedabad market.

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Prices were pushed higher in the Delhi market.

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Petrochem sources reported a fall in bright aluminum prices in the Delhi market.

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Today saw a dramatic drop in polystyrene sheet pricing in the Delhi market.

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Price increases for phosphorus trichloride have been reported by Delhi-based Petrochem sources.

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