News & Bulletin Updates

Plastipak has introduced SprayPET Revolution, an all-polymer aerosol container.
8The design uses no metal valve or rubber gasket, eliminating the need for their removal from the recycling stream at PET reprocessing plants

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8The Kerala rubber farmers are in dire state due to the continuously falling price of rubber sheets and latex

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8The company is all set to start-up

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8The company's capex plans are reasonably large
8Balaji Amines Limited (BAL), a leading manufacturer of Aliphatic Amines in India, is planning a total Capex of Rs. 300-350 crore for FY 23-24 for installation of new plants

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Oct 31, 2022: BASF's new centre

8BASF’s Coatings division opens an innovation centre

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8Lotte Chemical collaborated with Samsung Electronics Logitech to expand the packaging materials by recycling waste vinyl made of polyethylene

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8It has created another centre

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Oct 31, 2022: South Korean tie-up

8South Korean PP producer SK Geo Centric (SKGC) has tied up with PureCycle Technologies to operate the first PP recycling plant in Asia, in Ulsan, South Korea, with a capacity of up to 60,000 tonnes/year

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8Methacrylate manufacturer Röhm, a portfolio company of private equity firm Advent International, and OQ Chemicals recently broke ground on a new world-scale methyl methacrylate (MMA) plant
8Once completed in early 2024, the new plant will produce 250,000 tonnes/year of MMA

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8At the recently concluded K2022 show, the world’s largest plastics show held in Germany, there was plenty on show in terms of new technology, as well as deals concluded
8One of these is between German extrusion machinery company Reifenhäuser Extrusion Systems (RES) - the Reifenhäuser Group's business unit specialising in extrusion components - and Maku
8The aim of the cooperation is the joint marketing and further development of the automation system designed by Maku for coextrusion adapters and slot dies

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A revision in PET prices has been announced by Dhunseri Petrochem Ltd (ASPET).

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Domestic PP prices have been reduced by Chiripal.

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A cut in PS prices has been announced by Supreme Petrochem.
According to sources, with effect from November 1, 2022 Supreme Petrochem has reduced PS prices by Rs.3/Kg.

Present GPPS SC203EL grade price is Rs.119/Kg basic and HIPS SH03 grade price is Rs.127/Kg basic, Ex-Nagothane.

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8For the first time ever, Europe imports more chemicals than exports

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8Natural rubber market will grow over the years
8Find out what kind of growth will take place

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8International workshop on rubber disease in India

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8Rubber manufacturing licence is suspended

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8Rubber nursery seminar has taken place

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Oct 31, 2022: KKR completes deal

8KKR completes $1 billion rubber and plastics sale
8Find out more details

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8Global automotive hoses market forecast

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8Steel Authority of India Limited (SAIL) becomes the first Central Public Sector Enterprise (CPSE) to achieve the major milestone of procurement value of Rs 10,000 crore through the Government-e-Marketplace (GeM) since inception

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8How is it going for the company?
8And why is it not cooperating?

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Among those also not cooperating with their rating agencies are
8Bangalore Metallurgicals Pvt Ltd
8Rajasthan Tube Manufacturing Company Ltd
8Uttarayan Steel Pvt Ltd
8Manmeet Alloys Pvt Ltd
8Addi Alloys Pvt Ltd
8Imperial Tubes Pvt Ltd

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8The recent acquisition of Crest Steel and Power Private Limited (CSPPL) by Amalgam Steel Private Limited (ASPL) and Amalgam Steel & Power Limited (AS&PL) means that new systems are in place
8Read on to find out more about what is ahead

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8Rajratan Global Wire Ltd has registered a subdued year
8Find out more about what the management has to say

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