News & Bulletin Updates

8JSW Steel got in a new board member with international experince

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8Jindal Stainless Steel has the advantage of being a leader
8And here is more on how leadership plays out

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Rama Steel Tubes Limited (RSTL) is one of the pioneers in the steel tube industry, having a total installed capacity of 2,64,00O MTPA,
8And it has now just taken over a big distributor

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Jul 07, 2022: ISMT: Moving ahead

8For ISMT Ltd, it has been a long journey
8Find out more

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8Find out what the exact plans are

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Kalyani Steel is the leading manufacturer of forgings and engineering quality carbon steel
8Find out more on the future plans of the company

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8The company had announced a capex of Rs 1,900 crores over FY22 and FY23 towards capacity expansion at Bhuj and expansion in the carbon black capacity. Furthermore, it would also be undertaking modernisation, automation and technology up-gradation at the existing facilities, which is expected to increase the efficiency and productivity of existing facilities. In FY22, around ?1,000 crores of planned capex was concluded, and the balance is expected to be concluded by FY23

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8India-based petchem major ONGC Petro additions Limited (OPAL), promoted by Oil and Natural Gas Corporation (ONGC) and co-promoted by GAIL and GSPC has appointed its new managing director from July 2022

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Jul 07, 2022: Capex plans

The following capex plans have been drawn up
8Capacity expansion of the formaldehyde manufacturing unit
8New formaldehyde manufacturing unit of 200 TPD
8Synthetic organic chemicals (Resin) Manufacturing unit
8Expansion of fertilizer planm
8Manufacture of fine chemicals
8Installation of Wet Fly Ash Dryer
8Greenfield Alumina Refinery 150000 TPA and 2 x 10 MW Captive Cogeneration Power Plant
8Expansion of Iron Ore Pelletizing plant

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The steel plant has several advantages like proximity
8Find out what they are

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8The company manufactures agrochemical intermediates, technicals and formulations. It is a Government-recognised Export House catering to a large client base across markets like South Africa, the EU, the US, South America, China, Russia, South Korea, Taiwan, Turkey, and Egypt. HIL’s revenues have grown at a healthy CAGR of about 26% in the last five years ended FY2021, backed by its strong position in the pyrethroids market. Going forward, product launches in the export markets, improving capacity utilisation and new capacities will drive HIL’s revenue growth over the medium term

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8Versalis met in Rome with representatives of national and local trade unions to present its business plan for the next four years

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The merits of plastic are well known: it is versatile, durable, cheap, light, and strong. However, its impact on the environment is also evident in our oceans, our landfills, and our atmosphere.
8So what if plastic, long chains of carbon built from small building blocks repeated over and over again, could be reused as a raw material over and over again?

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8Get the latest rubber prices for Singapore

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8Upon subsiding of the impact of the COVID-19 pandemic, the performance of GHCL’s soda ash division improved during FY22, marked by a total soda ash sales volume of 10.90 lakh MT. Demand from the solar glass manufacturing segment improved significantly during FY22 on the back of a major thrust on solar power generation in India

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8The company is the sole producer of MEK and SBA in India, with a combined installed capacity to manufacture 22,000 MTPA and 2,500 MTPA of MIBC

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8Find what the JV is going to do

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8Finland-based sustainable materials firm Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling

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8Malaysia’s Petronas Chemicals and Alam Flora Environmental Solutions are collaborating in the recycling of plastic and food wastes and are evaluating a potential partnership to build waste segregation facilities in Malaysia

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8Asahi Kasei has geared up production to meet a major spike in demand for its synthetic rubber materials since the easing of Covid restrictions last year, while also raising its focus on sustainability

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8Continental is acquiring conveyor belt systems and services specialists based in Sweden

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Petrochem sources reported a drastic fall in BAM prices in the Kandla chemical market.

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On July 7, 2022, the Kandla market witnessed a rise in C9 solvent prices.

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On July 7, 2022, Petrochem sources reported a massive fall in butyl acetate prices at the Hazira market.

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Jul 07, 2022: Hexane at low rates

Petrochem sources reported a significant fall in hexane prices in the Kandla market.

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