News & Bulletin Updates

8Here is an update on the capex plans for captive power plants in the steel sector
8These sectors have big requirements for captive power plants

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A big steel conference is coming up
8And the hot topic of interest will be the export tax

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8Why is the company not cooperating with rating agencies

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8Red ink continues to spill over the company

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8But volatility in the market may be cause trouble

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8Kalyani Steels Ltd is meant to fulfill the group's in-house requirements of forging quality steel

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Kama Metals and Alloys Pvt Ltd (KMAPL) operates as a rolling mill and is engaged in the manufacturing of mild steel billets, mild steel flats and mild steel pipes.
8But it is not cooperating with its rating agency

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Get the product-wise consumption report of chemicals for 2018-19 and 2019-20.
8The products include alkali chemicals, inorganic and organic chemicals, pesticides and insecticides, dyes and pigments

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8Find out the total Foreign Direct Investment (FDI) made in the chemical sector during the last three years

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8The Council is holding elections for the post of 13 Members of the Committee of Administration under various Panels and Categories due to the completion of the tenure of the present CoA members

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8Get the latest rubber prices for Singapore

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8T. R. Poly Pet Industries is engaged in the manufacturing of pet preform and jars at its manufacturing facility located in UP. Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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Jul 25, 2022: GRP Ltd doing well

8The company nearly doubled its profits after tax from Rs 6.03 crores in 2021 to Rs 11.94 crores in 2022

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8As part of Dow Chemical’s second quarterly report for 2022, the company has announced several recycling initiatives and partnerships. The expansion in capacity is expected to make Dow the largest consumer in the world of recycled plastic feedstock for PE

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8The material is intended to reshape the US$22 billion nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets

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8The company was slightly downbeat vs the previous quarter as it anticipates headwinds in demand, but is confident to navigate through this difficult situation

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8The Control Tower solution was conceived by balancing two halves of the chemicals business: the margin-driven or commodity side and the demand-driven or speciality side. Maximizing  value from the integrated business requires planning processes and technology which supports both the margin- and demand-driven sides of the business and balances the objectives of each

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8The group’s plants are located in the Bagalkot district of North Karnataka with easy availability of cane during the season. This enables the group to operate at healthy capacity utilisation. This apart, the successful commissioning of an increase in cane crushing capacity to 14500 TCD from 12500 TCD and further enhancement in ethanol production capacity from 140 KLPD to 210 KLPD are expected to drive revenue growth going forward.

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8The meeting will be held on 4 August for considering Standalone & Consolidated Un-Audited Financial Results for the First Quarter ended on 30th June 2022

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8Net Revenues for Q1 FY23 up 46% YoY at Rs/cr 2,851

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8Adani Group to set up a plant for manufacturing PVC from coal in Mundra, Gujarat. for which it has approached SBI

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8The continued depreciation of Asian currencies against the strong US dollar is quashing hopes of a petrochemical demand recovery, as imports become more expensive, eroding the purchasing power of buyers in the region

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8The petrochemical industry is expected to grow by 5% to 6% annually despite current uncertainties such as the Russia-Ukraine war, according to the Malaysian Petrochemicals Association

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8The refining and petrochemical industries both appear to be approaching cycle inflexion points. Refining players are seeing valuation de-rating, and petrochemical companies’ valuations look to be nearing closer to their bottom points

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8LG Chem is introducing cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence (AI) and big data to its major business sectors so as to fully embrace the Fourth Industrial Revolution

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