News & Bulletin Updates

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

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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

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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.

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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

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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

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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

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

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

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

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

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

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

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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

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

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8Jindal Steel has set up a grand capacity expansion target

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

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Propylene glycol monomethyl ether prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

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Adipic acid prices were quoted lower in the Mumbai chemical market today.

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On November 4, 2022, Petrochem sources confirmed that tetrachloroethylene prices had risen in the Ahmedabad market.

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Petrochem sources have reported a rise in weld pipe prices.

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Stainless steel scrap grade 316L prices have increased in Ahmedabad today.

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CIIR grade 1240 prices have climbed higher in Delhi.

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On November 4, 2022 ABS prices have been reported to be unchanged for South Korea, FE Asia, South East Asia, India, NW Europe, and the US Gulf due to steady demand patterns in the region.

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Naphtha prices have drifted down in Japan and Europe owing to sluggish demand trends in the region.

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On November 4, 2022 the price of crude oil in the NW Europe was at $94.67/barrel (FOB) for Brent with a fall of $1.49/barrel.

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