News & Bulletin Updates

High acetone prices were recorded at Kandla today.

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On March 12, 2022, Petrochem sources reported a fall in toluene prices in Mumbai.

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Tight supply coupled with high demand has raised benzene prices in the Mumbai market.

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Petrochem sources reported a significant fall in VAM prices in the Mumbai market.

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8The Russia-Ukraine crisis has meant that a large number of petrochemical companies have ceased  operations in the area
8Find out which are these countries

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Kraton Corporation, a global producer of styrenic block copolymers, specialty polymers and performance products derived from pine wood pulping co-products, announced today a general price increase of $440/mt USD/MT on all its HSBC polymers, effective April 1.
8That is a big increase by any yardstick

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Mar 11, 2022: Capex plans ahead

Get the capex plans here for
8Vistaar Agri Foods Pvt. Ltd
8NRA Pharmer Industries Pvt. Ltd
8Shivtek Industries Private Ltd
8Sarvottam Decor Pvt. Ltd
8M/s Kuber Industries Pvt Ltd
8NMR Phyrochem Pvt. Ltd
8Decent Drugs Pvt. Ltd

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Also find capex plans head for
8Dhage-Patil Chemical Pvt. Ltd.
8Aadhar Green Industries LLP
8Shambalpur Bio Fuels Pvt Ltd
8Siddapur Distilleries Pvt Ltd
8Umiam Distillation Pvt Ltd
8ESE Energy Pvt Ltd
8Chandrika Power Pvt Ltd
8Shakun Agrotech Pvt Ltd
8Asia Pacific Biofuels Pvt Ltd
8Shaktichem Pvt. Ltd.
8Shree Renuka Sugars Ltd

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8Shipping line Maersk is forming partnerships with six companies to boost global capacity of green methanol and source at least 730,000 t/yr of the fuel by the end of 2025

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8High feedstock prices is having an impact on petrochem output
8Malaysian cracker operator Lotte Titan plans to reduce operating rates at its polyethylene (PE) and polypropylene (PP) plants to 85-90pc from early next week to April on the back of high feedstock costs

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8A project to produce propane dehydrogenation (PDH) and polypropylene (PP) plants with a nameplate capacity to manufacture 843 000 tpy propylene and 800 000 tpy PP in Jubail Industrial City II, Saudi Arabia has been able to complete its financial closure

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8Know more on a green field chemical complex being set up by GHCL

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Alpek is one of the largest petrochemical producers in the US. It is also the largest PTA-PET producer in the US.
8And its footprint spreads over dozens of plants in different countries
8Know all about this company and what it is up to

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8LanzaTech NZ Inc and AMCI Acquisition Corp. II, a publicly-traded special purpose acquisition company, announced that they have agreed to a merger

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AARTI Industries Ltd is a global leader in Benzene based derivative products.
8The company has a diversified product portfolio with end users in pharma, agrochemicals, specialty polymers, paints & pigments
8Find out why there is a "buy" recommendation on its scrip

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Krishna Antioxidants Pvt Ltd is involved in the manufacture of speciality chemicals, notably liquid phosphite antioxidants (LPA) and oilfield speciality chemicals (OFSC).
8The company has posted higher volumes and turnover while keeping profits stable

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8This company is looking for Activated Alumina for the PPU of its Nitrogen Plant

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Sai Sulphonates Pvt Ltd  has presence in the domestic and international market through its surfactant, fertilizers and detergent business.
8The company is poised to grow stronger

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Agrifem Industries is mainly engaged in the manufacturing of HDPE pipes and sprinkler pipes.
8And the company's financials seem to have improved during COVID

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Beekaylon Synthetics Pvt Ltd is engaged in the manufacturing of Polyester Textured Yarn (PTY), Fully Drawn Yarn (FDY), Partially Oriented Yarn (POY) and dyed/twisted yarns. The company specializes in making dope dyed yarns with a wide variety of colour offerings.
8It is undertaking an ambitious debt funded backward integration project

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Baroda Agro Chemicals Ltd is a leader in toll manufacture of agro-chemical inputs.
8Is the company in some kind of trouble?

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Mar 11, 2022: Rubber prices

8Get rubber futures prices in Singapore

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Analysts are claiming that upstream companies will surely stand to gain from the war
8GAIL stands to gain too for obvious reasons. If can sell two cargoes out of the US at JKM prices, it can make as much money as it otherwise earns in six months
8But how will oil marketing companies, already impacted adversely by the fact that pump prices have not been allowed to go up when they may have to go up by up to Rs 30/litre, gain out of this crisis as this analysis says they will?

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An RIL supported research outfit has criticized economic sanctions on Russia
8It has claimed that "given the negative externality of sanctions experienced by an unrelated third parties, often the most vulnerable and the least political, it is necessary to subject economic sanctions to the same moral and political scrutiny as military action"
8It has bandied a lot of data, including the impact of sanctions on India, to make its point

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8Selan Exploration Technology Ltd claims that it has a winning set of combinations for its three fields

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