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

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

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

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

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

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

A rise in phosphorous acid prices was reported in Mumbai today.

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

Sodium molybdate prices registered a hike in Delhi. 

Robust demand has lifted lauric acid prices in the Delhi chemical market today.

Petrochem sources reported a rise in Delhi CIIR grade 1240 prices today.

On July 7, 2022, Petrochem sources reported a cut in carbon nlack grade N220 prices in the domestic market of Mumbai.

On 7, July 2022, Petrochem sources reported a rise in C5 (fine C5) price in the  Mumbai chemical market.

MMA prices in the Mumbai market have registered a heavy fall today.

A fall in ethyl acetate prices in the imported market of Mumbai was noted on July 7, 2022.

Cyclohexane prices have escalated in the Mumbai market today.

A sharp fall in acrylonitrile prices in the imported market of Mumbai was recorded today.

This E&P company made a neat pile out of selling its E&P assets
8And it is now deploying it in areas way outside E&P

8Megha Engineering & Infrastructure Ltd has bagged another oil & gas LOI worth Rs 1100 crore last week

This is a 191 km pipeline stretch
8Environment clearance has been in April
Find out more

What is the latest on the Mundra-Panipat crude oil pipeline project
8The project is related to the refinery expansion in Panipat to 25 MMTPA
Get the full details here

8With Brent crude falling below the $100/barrel mark on Wednesday and near-term prospects benign, India’s oil import bill in FY23 could be less than estimated earlier and the rising pressure on its current account may ease a bit, according to analysts.

8For nearly two decades, India and its downstream petroleum industry has positioned itself to be a refining hub.

8The Reserve Bank of India (RBI) may not need to revise upward its inflation forecast for FY23 as global prices of crude oil and other commodities, such as industrial metals, have begun softening.

8Shares of energy companies fell sharply in early trade on Wednesday after international crude oil prices tumbled nearly 10% in overnight trade, with the U.S. West Texas Intermediate (WTI) crude falling below $100 a barrel.