On May 17, 2022, styrene monomer prices pushed higher in the Ahmedabad market.

Covestro said it is simplifying the brand structure of its 3D printing materials offering.
8From 1st June onward, 3D printing thermoplastics materials commercialized under brand names of Arnilene®, Arnite, Arnitel, EcoPaXX and Novamid will be sold under the product brand name Addigy, the trademark that Covestro already was using for certain 3D printing materials

8In Q4FY22, Chemplast Sanmar Ltd’s revenue grew by 35% on a YoY basis due to a pick-up in demand coupled with a better realisation for most of the products

8It is not fair to benefit from a war, but that is what you can do as a commodity supplier
8Get to know more specific details here

8Under the auspices of the Technology & Energy Expert Committee, ICC will be organizing a series of webinars by eminent speakers on the fourth Friday of every month from 3.30 p.m. to 5.00 p.m.
8Some of them will be relevant for the segments you are in

8An EPC contract was awarded by GAIL to implement a 4.3 tons per day green hydrogen production plant via a 10-megawatt PEM electrolysis unit to be located in Central India

8NOCIL Ltd will hold a board meeting on the 17th of May 2022

8Do you have inputs to provide on different aspects of the Foreign Trade Policy
8Your suggestions are welcomed

8Saudi Arabian Oil Co. (Aramco) is exploring further collaboration with Thailand’s national oil company, PTT, as it expands its downstream presence in Asia
8The two companies signed a Memorandum of Understanding (MoU) at a ceremony in Bangkok, Thailand, on 11 May 2022

8The Department of Chemicals and Petrochemicals has come out with a tender for dry-cleaning work in various rooms of Shastri Bhawan, Janpath Bhawan, and Udyog Bhawan, New Delhi
8The Department is looking for reputed firms having adequate familiarity/experience in the field

8Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) has announced that Shaheen Chem Holdings Investment LLC, will join the proposed TA’ZIZ and Reliance Industries Ltd TA'ZIZ EDC and PVC joint venture, that will construct and operate a world-scale Chlor-alkali, ethylene dichloride and polyvinyl chloride facility, at the TA’ZIZ Industrial Chemicals Zone

8The MOL Group is accelerating the transformation of the traditional oil & gas businesses. They have announced new sustainability/CO2 reduction targets and they’re investing in a low-carbon, circular economy to become a key player in CEE

8A Basic Course on "chemical laboratory safety practices" is coming up

8These slots are for those with relevant chemical sector experience

8The Appointments Committee of the Cabinet has approved the appointments/repatriation of officers at the Joint Secretary/Joint Secretary equivalent level

8A meeting of the Board of Directors of the company is scheduled to be held on 20th May, 2022

8The Central Marks Department granted a license to the company

8A meeting of the Board of Directors of the company will be held on Monday, May 23, 2022

UTAPL manufactures steel tools and accessories required in the oil and gas industry
8Based in Pune, Maharashtra their primary product is mandrel bars
8Other products include thread protectors and helical anchors

8NFIL reported an 18% increase in high-value businesses with 61% of their total FY22 revenue contributions coming from high-value businesses

8Mitsu Chemplast Ltd’s impressive aesthetics, robust design and durability have led to rapid growth in this niche business section

8H.I.G. Capital, a leading global alternative investment firm with over $49 billion of equity capital under management has announced that it has signed an agreement to sell its portfolio company Valtris Specialty Chemicals to an affiliate of funds managed by SK Capital Partners

8Chemical firm LyondellBasell says that a Chinese company will use its Lupotech T high-pressure PE technology at a new facility

8German chemical firm BASF and Sinopec’s 50:50 joint venture BASF-YPC Co. is expanding in Nanjing including new capacities of several downstream chemical plants and a new tert-butyl acrylate plant, to serve the growing demand from various industries in the Chinese market

8The capacity increase is planned at two manufacturing sites in Thailand, and the start of operation is scheduled for 1Q 2025