News & Bulletin Updates

8The Department of Chemicals and Petrochemicals has selected candidates for the post of Senior Consultant, Middle-Level Consultants and Consultants for IPC/PDC

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8Butadiene is expected toremain a bright spot amongst olefins commodities amid a recent surge in prices following production cuts even though Asian olefins are mostly expected to remain under pressure in the short run from weakening demand and margins from key downstream derivatives such as polyethylene and polypropylene

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8The company is embarked on an ambitious Rs 350 crore expansion

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8The board of the company has recommended a dividend of Rs 0.50 per equity share of Rs 10
8The date of the payment of the dividend will be informed in due course, upon finalization of the date of the Annual General Meeting

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8Carbon black manufacturer Birla Carbon has announced plans to add 200 kilotonnes per annum of capacity globally in response to growing demand

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May 31, 2022: Nynas CEO resigns

8Nynas's president and CEO has stepped down from his position after eight years in the company

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8Covid-19 pandemic has spurred the start-up of more plastics manufacturing firms in Nepal, according to Nepal's Pastics Trade Association Plast Nepal Foundation

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8Iran's foreign exchange earnings from oil, gas and petrochemical exports were 60pc higher in the first two months of the Iranian year than they were in the corresponding period last year, according to the foreign ministry

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8Wacker has undertaken a feasibility study for an expansion of its production of silicon metal, a primary raw material employed for the manufacture of silicone rubbers

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8Betterment in the domains of biomaterials and styrene-butadiene rubber (SBR) chemistry overwhelmed the fifth staging of the ERJ Elastomers for Sustainability (E4S) programme

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8The decline was driven by multiple factors including chip shortage, along with the model and structural changes

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8The company aims to produce the world’s first 100% sustainable material and maintenance-free tire by the year 2030

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8The Japanese supplier is increasing the price for the industrial chemicals by 6 yens per kg, with effect from 1st July

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8The company is trying hard to get out of trouble, after being at a loss for a long time

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8The company reported a net profit of Rs 36 crores this quarter, compared to Rs 28 crores last quarter

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The company posted a great performance, driven by a sharp increase in volumes and improved realisation
8The sharp rise in volumes was supported by a larger market share through the addition of new customers and an expanded product basket comprising large new suppliers

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8Get the figures here

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8CIL Nova Petrochemicals reported a net profit of Rs 53 Lakhs this quarter, compared to Rs 170 lakhs in the previous quarter

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8Kataria Plastics Pvt Ltd is a manufacturer of Poly Vinyl Chloride (PVC) pipes and fittings, High-density polyethylene (HDPE) pipes, sprinkler pipes and fittings etc.

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8Clearly the performance has gone down badly

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8Get the latest rubber prices in Singapore

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8PET prices have been rolled over by major domestic producers
8Check out who these producers are

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8Reliance Industries Ltd has announced a revision in its PE prices
8Find which prices have changed and by how much

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8A sharp cut in PVC prices has been announced by Reliance Industries Ltd

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8PP prices are cut by Reliance Industries Ltd
8Find out by how much

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