News & Bulletin Updates

Petrochem sources confirmed that VAM prices have slipped in the Hazira market.

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A significant fall in BAM prices in the Kandla chemical market was reported by Petrochem sources today.

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8The per capita consumption of chemicals is one-tenth of the global average, leaving a large scope for consumption growth

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8The joint project is designed to enable the mechanical recycling of end-of-life single-use surgical instruments molded in glass-fiber reinforced Ixef polyacrylamide (PARA) from Solvay’s portfolio of specialty polymers

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8TCFD was established in December 2015 as a task force of the Financial Stability Board (FSB) in order to prevent climate risks from destabilizing the financial market

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8The fuel company Preem will use the delivered oil as a raw material for production tests to determine how suitable it is for the production of different biofuels

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8Matching the output of material recovery facilities to demand may require investment in a new type of processing center

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8The plant will use the technology of LyondellBasell, to convert pre-treated plastic waste into feedstock for new plastic production

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8The partnership will support Dow’s recent investment in silicone polymer, adding significant capacity to the North American market

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8Get the latest rubber prices in Singapore

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8An extension has been granted for the implementation of QCO of Methylene Chloride

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Nov 22, 2022: Chemical CAPEX plans

8Find out the latest CAPEX plans in the Indian chemical and petrochemical space

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8The country registered a sharp year-on-year fall in natural rubber production in September

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8Latest rankings in the Elastomers for Sustainability programme to be announced soon

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8Continental will be employing devulcanized end-of-life rubber from Tyromer

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8An increase in government initiatives to decrease the utilization of crude oil-derived products to reduce the carbon footprint is expected to drive the market

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8Two all-new damping elastomers offer new opportunities for breakthrough products in impact protection such as padding, gloves and helmets

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8The company will be investing the amount over a 5-year period to extend its Costa Rican facility

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8The board has considered and approved the appointment of 3 new directors

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The Rs 16,500 crore deal will include:
8A 25 MTPA jetty
8A 12 MTPA deep-water jetty
8A 270 MW multi-fuel power plant

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Nov 22, 2022: Global shipping rates

8Find out the latest shipping rates and indices across the globe

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8The Government of India’s (GoI) decision to roll back the duties imposed on ferrous and stainless steel products in May is a welcome step
8However, due to the falling steel demand and low prices, globally, the benefits are likely to be marginal

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Are some of the gas prices and gas allocations reached through an auction process rigged?
8Well, there is an admission by the government that there is a distinct possibility that they are

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Spot LNG prices have dramatically corrected.
8How long will such low prices last
8And what are the implications for various industry segments in India?
8Meanwhile, all long-term LNG is sold out till 2026. Spot LNG is all that you are left with

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8RIL hires a deepwater drilling ship

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