8IPL derives a major portion of its revenues from MOP, where it is the market leader with about 64% market share in FY2022
8It also has the second-largest market share in DAP in India
8The company has one of the most extensive fertiliser distribution networks in the country, covering more than 90% of India’s villages, which is a strength considering the regional nature and freight intensity of fertiliser distribution

8Ganga Rasayanie is involved in the business of downstream refining of heavy para-xylene products to produce aromatic compounds used in paints, coatings, printing inks, varnish, adhesives, oil-feed chemical and agro-chemical industries, including insecticides and pesticides. GRPL’s revenue is derived from a diversified customer base spread across various industry segments such as paints and coatings, oil-feed chemical industry and petrochemicals, mitigating the sector-specific risks to some extent

Tijaria Polypipes company manufactures high-grade HDPE, PVC, MDPE and LDPE plastic pipes and sprinkler systems under the brand names Tijaria and Vikas.
8What does the outlook look like for the company?

8LG Chem and General Motors Co announced a binding agreement for the supply of Cathode Active Material (CAM) from LG Chem to GM

A pilot plant will kickstart in South Korea to build a white bio ecosystem and commercialize bio raw materials.
8The upcoming pilot plant will produce prototypes of 3-Hydroxypropionic acid (3HP), a key material for eco-friendly materials such as biodegradable plastics

8INEOS and Sinopec announced that they will form a 50-50 joint venture to produce and sell acrylonitrile butadiene styrene. The JV will produce 1.2 million tonnes of ABS to supply the rapidly growing market in China

8Get the latest rubber prices for Singapore

Triveni Engineering has 18 world-class facilities with over 7300 employees.
8The company also has over 1200 water project installations across India

8The Ministry of Petroleum and Natural Gas has initiated efforts to provide opportunities for collaboration and knowledge sharing to the industry and prepare a unified and practical strategy for the development and implementation of Carbon Capture, Utilization and Storage techniques in the oil and gas sector in India

8Most companies across the petrochemical sector agree that additive manufacturing would be a pragmatic way of making spare and replacement parts
8But they still have some hesitations and concerns about actually taking the plunge

8Abu Dhabi-based petrochemical and technology companies reported strong results for the first half of 2022

8The project has an estimated total investment of up to $1.5 billion with a production scale of 600,000 tons of Polypropylene per year

8A new process offers faster response and flexible goals for keeping BET bottles on spec

8The project will be built in Singapore and carries an investment tag of over 350 million dollars

8The healthcare sector offerings include silicone rubber and thermoplastic elastomer products

8The International Rubber Glove Conference and Exhibition will be held in September n Kuala Lumpur

8India’s palm oil imports from Malaysia to remain stable in the second half of 2022, making about 55 per cent of the country’s total palm oil imports despite Indonesia’s move to accelerate palm oil exports

8India has initiated a probe into the alleged circumvention of the anti-dumping duty imposed on High Tenacity Yarn imported from China

Earnings were $1.1 billion lower compared to second-quarter 2021 on reduced industry margins and unfavourable foreign exchange effects.
8But clearly this super major continues to make super normal profits

8In Q1 FY23, the Acids business achieved capacity utilization of 91%

8The meeting will take place on 12th August at 2:30 PM

8The new generation of rubber composites has been developed from the combination of graphene extract and natural rubber

8The global Natural Rubber consumption saw a rise of 5.8% in June 2022

Disease outbreak is not just a concern for people.
8The rubber business is also in constant fear of disease outbreaks
8Disease-causing microbes of plants have wreaked havoc worldwide

8Get here the cotton prices for today