News & Bulletin Updates

An elevated demand trend is noticed in MMA prices.

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On August 18, 2022, C9 solvent prices were pushed massively higher in the Mumbai market.

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RIL has reduced PVC prices.

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A revision in PE prices has been announced by RIL.

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8The Indian Railways has put in abeyance the logistics plan drawn up to transport imported coal from ports during the peak demand months, even as the dry fuel’s stock improved at power plants.

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8This is to be done by 2024-25
8Is this another pie-in-the-sky or is it a practical plan

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Aug 17, 2022: Capex proposals

8105 KLPD Grain distillery with electricity generation of 3 MW
8200 KLD ethanol which will also use grain as feedstock
88120 KLPD grain based ethanol plant along with 2 x 3 MW captive power plant
8100 KLPD Grain based distillery with electricity generation of 2.4 MW
8220 KLPD capacity distillery, to produce 220 KLPD ethanol
8Grain-based distillery plant capacity of 1X200 KLPD & 6.0 MW cogeneration power plant

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8The additional capacity will help in the reduction of the equivalent amount of imported urea

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8This energy technology company is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimisation and faster delivery of fit-for-purpose chemical solutions

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8Get the latest rubber prices for Singapore

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8Trex, a processor of wood-alternative decking and railing that uses recycled materials, is expanding its Nextrex program with the “Grassroots Movement”

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8This company has been granted a US Patent for its polymer products

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8The company reported a 100 per cent increase in total comprehensive income compared to last quarter

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These products further have application in new tyres/conveyor belts and other rubber moulded products and roads. Steel derived during the process is used for making steel abrasives.
8TRIL’s business model is one of the foremost models of benefits of the circular economy

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8The company’s net profit declined by 50 per cent compared to last quarter

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8Private equity firm HIG has entered into a definitive agreement to buy a distribution business for USD 950 million

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8New greener and lighter concrete to reduce manufacturing, and transportation costs

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8This is part of a series of measures to counter turbulent trading conditions in markets worldwide

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Aug 17, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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A significant fall in phenol prices was recorded in the Ahmedabad chemical market today.

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An elevated trend is noticed in acetic acid prices.

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MIBK prices were quoted lower in the Kandla chemical market today.

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

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8Indian Oil Corp will restart crude processing at its 300,000 barrel per day Paradip refinery in eastern Odisha state from mid-September after a 45-day maintenance turnaround, two industry sources said on Tuesday.

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Silica sand prices have climbed higher in Ahmedabad.

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