8In a letter dated December 24, the state agricultural minister P. Prasad pointed out that the farmers are demanding a raise in an incentive from Rs 170 to Rs 250 per kg, but the State is not in a position to shoulder the burden

8Roop Polymers Ltd manufactures molded and extruded rubber components, plastic components and other allied for automotive and industrial applications

8The company signed contracts worth over AED 1 billion with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027

8The monocrystalline ingots will drive indigenization to produce renewable electricity from Silicon-based PV modules with efficiencies ranging from 21 percent to 24 percent

8This is a great joint achievement by the BASF and PPES teams in Japan and a powerful step for the growing cooperation between both companies. It fits well into BASF’s strategy to develop CAM together with leading battery manufacturers in their respective home markets and expand the business for more growth globally

8Versalis has announced the acquisition of the technology to produce enzymes for second-generation ethanol from DSM

8The flights with SAF are a result of NCA’s commitment to making consistent efforts to reduce fuel consumption and CO2 emissions, including using sustainable aviation fuels

81,50,000 MT of imported steam coal is needed from Mid April 2023 to June 2023

8Elkem has decided to partially curtail its production in Norway by temporarily shutting down two furnaces due to high power prices

8The proposed bio-PET plastics factory, with a capacity of 400,000 tonnes/year, could open in 2025

8UK’s Synthomer, a supplier of acrylic and vinyl emulsions polymers, is to sell laminates, films and coated fabrics businesses for a total enterprise value of around US$255 million

8Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, is exploring collaboration on integrated refining and petrochemical opportunities in China

On December 27, 2022, isobutylene prices were higher in the Delhi market.

An elevated demand trend is noticed in SAP prices.

On December 27, 2022 ferro silicon prices fell in the Delhi market.

An elevated trend is noticed in silver prices.

Rhodium prices were assessed higher in the Mumbai market today.

Rhodium prices were assessed higher in the Mumbai market today.

Good demand has lifted 22% nickel sulphate in the Delhi market.

A slight fall in the prices of palm kernel oil (refined) in the Ahmedabad market was recorded today.

Crude prices in Northwest Europe were registered stable on Decmber 27, 2022.

On December 27, 2022 butadiene prices were reported to be steady in South Korea, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

On December 27, 2022 naphtha prices were reported to be unchanged for FE Asia and NW Europe due to steady demand patterns in the region.

PAM prices have witnessed a steep fall in the Delhi market.

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