8Even though exports have gone up, the total export value has gone down by 2 percent due to lower rubber prices

8The Indian elastomer market is expected to grow at a CAGR of 8.41 percent until 2028
8Meanwhile, the industrial rubber market globally is expected to grow by a CAGR of 4.3 percent up to 2028, according to projections

8The world produced about 1.435 million tonnes of natural rubber during October 2022, with about 87% of the production attributed to ANRPC members

8This certification has come for multiple products at multiple sites

8This move will help facilitate collaboration opportunities focused on advanced mobility solutions between Goodyear and its network of startups

8The project will add a manufacturing capacity of 80,000 units per year

8The company believes they have the right dynamic to grow its non-steel business

8The rise in export duty on iron ore effective from 22nd May has put the company under stress

8The fall was due to the ongoing COVID curbs and a deepening crisis in the country's property sector

8The automotive steel wheels market is poised to grow by 33.92 million units between 2022-2026

8The Global Steel Climate Council is calling on governments to establish a global emission standard that incentivizes steelmakers to use the cleanest steel production processes available

8Find out more about SAIL’s framework, scope and standards for the future

8The company’s top line increased this quarter, however the bottom line has been on a downward slope

8The company produces ferroalloys and its top 3 customers contribute to 35% of the net sales

8The company is a leading graphite electrode manufacturer & exporter globally

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8Chemicals 
8Crude
8LNG
8Fertilizers
8LPG
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8Port updates

ONGC gets a new chairman
8But there are major changes in the offing in the company too

Offshore rigs in India may go through a severe existentialist crisis
8And it may wipe out the industry the way it is right now

Ammonia-Urea Brownfield Project
8There is contracting still going on for the Talcher fertilizer plant
Concentrated Nitric Acid Greenfield Project
8Cost: 50 Cr.
8Project Event: RFQ for the LSTK contractor will likely be released in December 2022. Detailed Feasibility Report (DFR) preparation is still ongoing

8It looks like there may be another round of interviews for the PNGRB chairman

8The ONGC tender for 12 jackup rigs has opened
Find out what kind of bids were attracted

8Two S. Acid shipments are coming on 19 &21 Nov 2022
8One Ammonium Nitrate shipment is coming on 24 Nov 2022

An elevated trend is noticed in stearic acid prices.

Gold prices were assessed higher today in Ahmedabad.

On November 17, 2022, Petrochem sources reported a fall in styrene monomer prices in the Delhi market.