News & Bulletin Updates

8These assets in North America will complement a global network of specialty amines production plants including those at sites in Germany and China

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8AD code with associated bank account will now required to be registered in the System at only one port

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8iGAS, a subsidiary of CEF SOC Limited (CEF), together with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of Empresa Nacional de Hidrocarbonetos, EP (ENH), announced that they had exercised their pre-emptive rights to acquire a 30% equity interest in the ROMPCO pipeline

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8The event will be held on 29th June via video conferencing

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8The India Chem exhibition aims to showcase the huge potential of the Indian Chemical industry and different industry segments such as. Chemicals, Petrochemical, Agrochemical Industry, Process and machinery

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8Indorama Ventures has signed a license agreement with a leading petroleum and chemical enterprise in China, to build, own and operate a propylene oxide, t-Butanol and t-Butyl methyl ether co-production unit

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PS prices has been announced by Supreme Petrochem Ltd.

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8Maire Tecnimont’s subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately USD 96 million 8These contracts have been granted by international clients in Nigeria, as well in Europe, the Middle East and the Far East

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8Get the latest rubber prices for Singapore

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Nova Agri Tech Ltd is into manufacturing and marketing of soil applications, plant growth promoters and micro and macronutrients.
8The company installed has a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA
8Why does the company continue to remain under the issuer non-cooperating category

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8The equity shares of Dolfin Rubber Ltd which are already listed under BSE SME Platform will now be migrated and admitted to dealings on the Mainboard Platform in the list of B Group

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P.P. Polyplast Pvt Ltd was engaged in the trading of polymers. In the year 2005 the company did a backward integrated into manufacturing by setting up a 4500 MTPA HDPE fabric plant in Kanpur. Later in the year 2008 it expanded and set up another unit for PP fabrics with a manufacturing capacity of 3000 MTPA. Company’s product profile includes HDPE Fabric Laminated, PP fabric, PP Fabric Laminated, HDPE Fabric and PP Woven Sacks as well.
8The company also installed a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA
8But is the company really doing well?

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8Elevated price trend continues for the energy-intensive chemicals and chemical segments using crude derivatives as inputs
8Performance no doubt will be aided by run-up in prices and uptick in activity in end-user segments; however, elevated prices may lead to demand headwinds Credit profiles of most players are likely to be supported by diversification, and manageable leveraging

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TATA Steel’s future investments focused upon
8Pellet capacity to increase from 7 to 13 MTPA
8Iron ore mining to expand from 30 to 60-65 MTPA
82.2 MTPA CRM complex close to commissioning
85 MTPA expansion on track
8NINL acquisition to facilitate rapid growth

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8Re-appointment of Mr. Surendra Reddy Rachervuas the Managing Director of the Company
8Re-appointment of Mr. Varun Kumar Pasham as the Whole-time Director of the Company

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8Michelin announced its plans to transfer all of its Russian business to local management by the year-end. The decision comes after Michelin suspended its activities in Russia on March 15 in response to Moscow's invasion of Ukraine

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8A new Senior Vice President has been appointed for Elkem's Silicones division, a leading global player in fully integrated silicone manufacturing. He will step into the role with immediate effect and be based in Shanghai, China

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8Chinese tire maker Sailun Group has announced plans to build a major tire manufacturing facility some 40km south of Qingdao city

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8The German Rubber Society (DKG) has honoured sponsors and personalities who have contributed to the development of knowledge and technology in the industry during the ongoing German rubber industry event DKT IRC 2021 in Nuremberg

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8Toyo Tire announced that effective August 1 2022, the company will increase the dealer base prices on select passenger car, light truck, and commercial tire patterns by up to 5%. The price increase is a result of continued increases in raw materials and logistics costs

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Reliance Industries Ltd announces a roll over in PP prices.

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A revision in PE prices has been announced by Reliance Industries Ltd.

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Reliance Industries Ltd has slashed domestic PVC prices.

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A sharp cut in domestic PET prices has been announced by Dhunseri Petrochem Ltd. (ASPET).

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Jun 30, 2022: Daily import matrices

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Crude

8LNG
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