News & Bulletin Updates

8Customers will be able to utilise the WF Recycle-Tech system as a solution for end-of-life tires and generate material inputs for the compounding and masterbatch industries

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8The tire has been created to optimize efficiency, durability and comfort. It uses a compound in the tread, the part of the tire which wears down, made of nearly all sustainable or recycled materials
8The materials include sunflower oil, pine tree resin, natural rubber and rice husk ash silica

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8Strong revenue growth in the specialty chemicals sector is being driven by healthy realizations across the board, while excellent volume growth is anticipated for a few names due to a pickup in demand

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8Investing in an NPG plant at the Zhanjiang Verbund site will enable the company to support the growing demand from customers in Asia, particularly in the field of powder coatings in China

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8Get the latest rubber prices for Singapore

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8Breakthrough discovery to replace the barrel with synthetic biology, addressing one of the largest carbon emitters in the chemical industry

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8Briar Chemicals is the UK’s leading agrochemicals CDMO company and was acquired by the Indian firm for Rs 700 crores

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8The center will house seven synthetic labs with 55 German-made fume hoods
8This setup will allow the company to conduct 110 reactions daily

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Find out the latest production data till June 2022 for the following products:
8Alkali Chemicals
8Inorganic Chemicals
8Organic Chemicals
8Pesticides and Insecticides
8Dyes and Pigments

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The company’s units are located at the chemical hub in Gujarat and have access to large cities such as Surat and Bharuch.
8Moreover, both units are in proximity to each other, which is likely to provide some operational advantages

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8The programme will see the introduction of capabilities to embed tags in tires produced at plants in the Americas, Europe, Japan and Asia from 2024

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8The company has made several management charges across its European and North American operations

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8This is in response to a range of environmental, technological, and human-resource challenges

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8The European Commission has granted conditional approval for a proposed 11 billion euro acquisition of an engineering polymer unit

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8One factor aiding prices is production cuts, which have resulted in falling inventory levels

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8The plant is expected to start operation in 2025 and has an annual capacity of 2.1 million tonnes of DRI/HBI

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There were no takers for this chemical project on BOO basis
8So the owner is trying the conventional way out

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LPG is making a dramatic raid on the hegemony of natural gas.
8And if the spread between gas and LPG continues at the level it is today, it can wipe out the gas supply industry.
8There are a whole of competitive suppliers now trying to break the monopolies of gas suppliers

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Gas-based power projects are seeking to be revived
8But in a rather unconventional way
The future however remains uncertain

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A new type of managers have taken over this private E&P company.
8Harvard Business School kinds
8And they are ambitious

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The proposal for a unified tariff for pipelines got a lot of traction recently
8The important point is that some thorny issues got sorted out, with the PNGRB admitting that the current policy format will be an interim one, but some others were left unanswered

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Jack-up rig prices are likely to firm up, it seems
8Will the ONGC tender see a big hike?

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What kind of ammonia prices are prevailing of late for ammonia?
8And what kind of future price behaviour can be expected?

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Oct 13, 2022: Shipments Update

8One DAP shipment is coming on 15 October 2022
8One Phos acid shipment is coming on 19 October 2022
8One Rock Phos shipment is coming on 20 October 2022

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There are two fertilizer projects
8One is a Rs 6000 crore ammonia plant. Contracting is ongoing, get more details here. Find out when it is getting commissioned
8Then there is an ammonia project, worth Rs 4150 crore, nearing completion

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