8The Indian market is worth $380 billion by 2030
Find out more on this

8Know more about what kind of deal was signed

Zeon Corporation is a leader in elastomers and specialty materials.
8Find out what kind of cost pressures it is facing

8Find out more on this

8Main Asian players see a gloomy outlook for the petrochemical industry in the current quarter

8Vardhman Textiles (VTL) (earlier known as Mahavir Spinning) is among few textile companies that have been able to maintain a debt equity ratio below one despite continuous capacity addition

The port traffic for chemicals showed a decline of 24.93% at 7.59 MT for Apr-Sept 2022 as compared to the same period in the previous year.
8The import of chemicals for Apr-Sept 2022 decreased by 25.09% at 5.46 MT as compared to the same period in the previous year
8Similarly for the month of September 2022 the import of chemicals saw a decline of 2.98% at 0.87 MT as compared to Sept 2021

8The ex-factory price of domestic butadiene rubber suppliers is stable as of now in China

UPL Ltd reported a strong revenue growth of 18% YoY, driven primarily by an increase in price realization (up 21% YoY).
8However, volumes declined (down 7% YoY) in 2QFY23, led by rationalization of product mix toward high-margin products
8Except for Europe (+1% YoY), all other key geographies registered a strong sales growth of over 20% YoY

8Dhanuka Agritech (DAGRI) reported a strong set of numbers amid challenges related to adverse weather conditions in the domestic market and volatile RM scenario

8OMV and Wood have signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil technology

8N.D. Plastics is in the business of importing and trading of polymer products like LDPE, LLDPE, HDPE, PVC etc.
As of now, the rating agency has dubbed it as non-cooperative
8Another company which is refusing to meet up with its rating agency is Bhagwati Woven Pvt. Ltd.

Crescent Petrochem Pvt Ltd: is a DCA of RIL for its polymer products, namely high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE) and polypropylene/ polypropylene copolymer (PP/PPCP).
8There has been a steady growth in the company's volume-linked sales commission

8A new method to ensure consistency and quality in rubber manufacturing, developed by a research team in a US university is likely to show real-world impact on material sustainability and durability for products such as car tires

8Here is a new polytetrafluroethylene-based coating that is ideal for enhancing the performance and enhancing lifetime of elastomeric, thermoplastic or metal manufacturing equipment components

8A free-to-attend webinar is taking place on the use of elastomer materials in space

8The size of the global perfluoro elastomer (FFKM) market is slated to scale $467 million by 2028

Natural rubber prices are falling in India today as part of global weakness.
8What is the outlook like going ahead?

8A collaboration was announced to raise natural rubber acreage in the North East

8If you want to know more about silicone elastomers technology and fabrication, here is what you should know

8Leading tyre makers are accelerating their development of tyres made from plant materials

8A new patent has come out for an industrial process for surface modification of microfibrillated cellulose for application in the rubber industry
8This can help substitute petroleum-based aramid fibers as fillers in elastomer compounds, increasing the sustainability credentials of products such as pump diaphragms

8Indian steel maker's profits were hit by import dumping from China and a tax on exports

8Jindal Steel has set up a grand capacity expansion target

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