On October 11, 2022 low glycerine prices were announced in the Delhi market.

Petrochem analysts reported a sharp fall in lauric acid prices in the Delhi chemical market.

Rhodium prices were assessed much lower in the Mumbai market today.

On October 10, 2022 PVC prices in the international market remain unaffected.

The following chemical companies have either failed to provide information or not paid the surveillance fees:
8Lalitha Chem Industries
8Subray Catalchem
8Reclamations
8Eastman Reclamations

8The new plant will be built on a 20-acre parcel directly adjacent to the company’s current facility
8The project is in the final planning phases and will be operational by 2024

8This technology produces catalysts with an open structure, resulting in a lower pressure drop across the reactor and a large surface area, significantly improving the catalyst's performance

8Get the latest rubber prices in Singapore

8An innovative Carbon Capture and Transformation company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, recently announced a funding partnership to co-develop and build new commercial-scale production plants that will employ technology which transforms captured carbon into valuable raw material commodities

8BASF will hold 51% and Hannong Chemicals 49% shareholding, in the proposed JV

8The group faces competition from other established players in domestic tire manufacturing
8The domestic tire industry witnessed sizeable investments toward capacity addition over the last few years by various players

8LG Chem and a university in South Korea will conduct joint research through the establishment of an industry-academia cooperation center for battery materials to preemptively secure next-generation technology

8The association expects demand to increase at a rate of 2.3% to 14,786 million tonnes

8The decline in rubber prices due to the fluctuating world market and slow consumption in China means the industry's profit will be less positive until the end of the year

8Higher imports are affecting the domestic growers by impacting the price they realize for rubber

8Measures such as the promotion of MSMEs, export of latex-based products, import restriction of compounded rubber, and empowerment of rubber producers’ societies are suggested to help improve the domestic market

8The advantage is that there is no waste when using electricity to trigger a reaction
8It is a ‘clean’ process, allows mild synthesis conditions, and is inherently safe

8The meeting will be held on 21st October at 3 pm after which the tender will be opened

8Bidder must have been engaged in the business of manufacturing/trading for the sale and supply of Toluene for a minimum period of 2 years

8The company announced its plans to triple its annual production capacity for PG from 22,000 MT to 70,000 MT in two phases at an investment of about Rs 150 crore

8The already enhanced fertilizer subsidy budget of ?2,15,000 crore for FY23 is likely to fall short by around ?35,000 crores

8This development will cut down the requirement of white ink coating on printed substrates thereby presenting substantial cost savings

8JSW Steel remained one of the largest steel producers in India with crude steel production of 19.5 mt in FY2022 and the largest steel exporter with exports of 4.6 mt.

8Get the latest production and delivery volumes for Tata Steel

8The firm is engaged in the business of manufacturing ERW pipes, and CDW pipes in various sizes, grades, and specifications as per customer requirements and colour-coated Steel sheets