News & Bulletin Updates

NBA prices in the Ahmedabad market registered a fall today.

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MX prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

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Acetic acid prices were assessed lower in the Mumbai market today.

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May 05, 2022: MIBK at reduced rates

On May 5, 2022, the Mumbai market witnessed a fall in MIBK prices.

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DOP prices registered a fall in the Mumbai market.

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8An Indian chemicals company plans to import Toulene in bulk shipments of about 2,000 MT every month
8It also plans to enter into an annual contract service for handling of Imported Toluene vessels to be received at their port and further transportation of discharged material from their port to their site by road
8And it is looking for contractors

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Supreme Industries Ltd has built-up an excellent relationship with its distributors.
8Find out for more on how it retains and deepens its relationship with its distributors

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8Get a full update on chemical traffic in Indian ports

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8Get a detailed analysis of agriculture products traffic at Indian ports

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Coromandel International Ltd is exploring inorganic opportunities in the crop protection business and may announce something on this front in the current fiscal.
8Expected to hear more about it going ahead

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8Get the transcripts for the Q4 FY2021 earnings conference call held by GHCL on April 29th, 2022
8Find out what the company's plans are going ahead

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8The multinational declared force majeure (FM) on its Polypropylene (PP)  production late Friday, making it the second company to do so in as many months

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Korea plans to establish recycling standards to promote pyrolysis of waste plastics and other measures.
8Subordinate laws and regulations in the field of resource recycling will be amended

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8Solvay has announced an important addition to complement its broad portfolio of composite materials for the automotive industry: new-generation of unidirectional carbon-fiber and woven-fabric products pre-impregnated with SolvaLite® 714 epoxy resin

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8To address the need for important medical devices, new silicone technologies are being developed and made available

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8The Norwegian company has already reduced its contractual commitments, and is in the process of further reducing the remaining commitments for 2022

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8Domo Chemicals has announced a long-term investment plan in China to continue expanding its production capacity of high-performance polyamides

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8Engineers and scientists have come up with an innovative solution that may just resolve our plastic woes once and for all, an enzyme variant that gobbles up environment-throttling plastics that typically take centuries to degrade in just a matter of hours to days

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8In a pioneering move to decarbonise Indian Mining, Hindustan Zinc has signed a Memorandum of Understanding (MoU) to introduce battery-powered loaders and trucks in underground mining

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8Dow has announced the launch of ENGAGETM REN, an innovative and more sustainable brand extension to the ENGAGETM range of high-performing polyolefin elastomers (POEs)

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Deforestation in Indonesia, the world’s second largest natural rubber producer, is an issue to reckon with. The country has one of the highest rates of deforestation globally, with over 74 million ha cleared for agriculture, as well as mining concessions.
8And this is impacting the outlook for rubber production
8Thus, rubber sector stakeholders are shuffling to build solutions grounded on sustainability

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8Abu Dhabi National Oil Company (Adnoc), and Mubadala Investment Company (Mubadala), have announced a strategic transaction involving Austrian petchem firm Borealis AG, whereby Adnoc will acquire a 25% shareholding in Borealis from Mubadala

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8Brazilian biopolymer producer Braskem and Lummus Technology, a global provider of process technologies and value-driven energy solutions, have formed a partnership that aims to license worldwide Braskem's technology to produce green ethylene

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The FSRU market has undergone a sudden transformation after the Russia-Ukraine war
8With Europe trying to wean itself out of Russian pipeline gas, there is a sudden demand for FSRUs, and because the new Indian FSRU based terminals are still trying to put their act together, it would be perhaps more lucrative to deploy these vessels in Europe at significantly higher prices than at which they were hired by Indian companies
8But the Indian FSRUs have a different story to tell

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The average discovered price in India is currently around $33/mmbtu at the gas exchange
8Meanwhile another parcel of domestic gas is being auctioned
8Get to know what kind of pricing formulas are sellers looking for

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