News & Bulletin Updates

8ArcelorMittal is on a buying and expansions spree once again

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8Deepak Nitrile is in a bit of a spot because of the closure notice on its unit in Gujarat following a fire
8But the CEO seems bullish

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8There is plastic that can made from vanillin
8And it is a kind of upcycling with light via biomass-derived cross-linked polymers
Know more what this inter-disciplinary study has found out

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8V-Shapes unveils mono-polymer substrates for recyclable high-barrier applications

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8The U.S. renewable chemicals market is expected to reach a valuation of US$ 63.1 Bn by 2032
8By product type, demand for ethanol is set to grow at a rapid pace at a CAGR of 12.5% by 2032
8Based on feedstock, the biomass segment is likely to showcase steady growth at a CAGR of about 13.2% in 2022-2032
8The global renewable chemicals market is projected to grow 2.7x in the evaluation period (2022-2032)
8In 2021, Asia Pacific renewable chemicals market size stood at approximately US$ 73 Bn

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8China plans to revise again its hazardous chemical business licensing system
8This will have implications for Indian companies

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8This company launches new low carbon bio product line to be called INVIRIDIS for its phenol acetone and alphamethylstyrene business

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As producers attempt to push through June price increases to preserve margins ahead of a dismal outlook for the second half of the year, one major Polyethylene producer has relaxed its June initiative.
8Will it set the trend then?

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8Get the spot and futures rubber prices in Singapore as of today

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8The government has come up with a set of 20 products where the use of single use plastics is now banned

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8The Korean truckers strike seems to still on
8And it is beginning to bite hard

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8This company decided to sell a 50% stake in its ethane import facility worth $400 million

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8Radiant Indus Chem is in the business of manufacturing of oxalic acid, sodium nitrite and also processed foods
8The company seems to be doing pretty well it seems

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8BASF made the tall claim that its chemical intermediates come with a much lower carbon footprint than its competitors

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8This company claims that it has developed sealing and damping component to meet the needs of the automotive, truck and transport industry which are the most efficient in the world 

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8UK is not letting up on its extra tariffs on Chinese tyres

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8Advanced materials producer OCSiAI is building a nanotube synthesis facility near Belgrade

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8The German Rubber Conference is back

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8There has been a surprise fall in Malaysian rubber production

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8ONGC will see another offshore tender other than the Daman upside

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8Cairn India has had no luck in the North East despite a lot of drilling work
Find out more

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8EIL gets a new director

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With more than 156 years of operations, Shapoorji Pallonji (SP) group is one of the India’s oldest and well reputed business groups in the construction, infrastructure and real estate space.
8But it is now going through a tough time as it begins to shed some of the heavy debt it has accumulated over the years

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Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project EventThe company is planning to re-release bids for a Contractor on Build to do this on a BOO basis at the end of July 2022. due to lack of bidder in first invitation.
SSP/NPK Greenfield Project
8Cost: 70 Cr.
8Project Event: Still, the feasibility studies are ongoing, It is likely to be completed at the end of August 2022. The company is planning to submit the proposal for the environmental clearance in Q2 FY 2022-2023. due to the delay in the feasibility study. RFQ for the contractor is likely to be released after the clearance

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8What are the challenges and opportunities of recycled LPG?

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