8Central banks have been raising interest rates to combat inflation, with several banks tightening in recent weeks. Commodity markets are experiencing increased volatility due to geopolitical concerns and the push for low-carbon energy. The European Parliament and Council have agreed to reduce ship emissions by 80% by 2050. Dry S&P activity has picked up, with Greek buyers being major players in the market.
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8BIS will continue to safeguard national security by preventing unauthorized use of US technologies and strengthening export controls. They seek millions and numerous positions for FY 2024 to invest in areas addressing national security threats, protect critical data, and undertake regulatory actions to prevent human rights abuses and advance supply chain resilience. Learn more from the report.
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8The upcoming annual meeting of ICAR-AICRP on cotton is expected to cover various topics related to the cotton industry. Find out more about the program schedules and minute-to-minute details of the upcoming event.
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8Here are a bunch of companies that maintained their debts to get their rates right
8Performance Chemiserve Ltd
8KBK Biotech Pvt Ltd
8Ghaziabad Organics Ltd
8Surya Alloy Industries Ltd
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8Yokohama Rubber has received antitrust clearance from the European Commission for the acquisition of Trelleborg Wheel Systems Holding. The transfer of shares is expected to be completed in the first half of 2023, pending a decision by the Competition and Markets Authority in the UK.
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8Yokohama Tire has launched a new program called "Yokohama All-In" aimed at promoting inclusiveness in racing, specifically helping diverse drivers advance in their careers. The program was introduced by Patricia Wall, the company's motorsports manager, and was inaugurated at the Sebring International Raceway during the Porsche Sprint Challenge North America by Yokohama.
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8Preem successfully tests Enviro's pyrolysis oil made from end-of-life tires as a raw material for biofuels, following similar tests by a US oil company. The oil is also approved for use in the oil and chemical industries and certified for sustainability.
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8The L.S. Starrett Company has promoted Mr Michael Connor to sales and marketing director of the US, Industrial Products.
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8Trinseo reported an accidental release of latex emulsion products due to equipment failure at their manufacturing facility in the US. The material flowed to the Delaware river but dissipated quickly in the water. Trinseo is working with authorities to assess potential impacts and make improvements. Production has temporarily stopped but is expected to resume soon. The facility produces acrylic resins and employs around 110 people.
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8A rubber company announced that it has entered into a distributorship agreement with a materials technology company for thermo-modules. These are semiconductor electronic components that function as compact heat pump components. The agreement covers the distribution of thermo-modules manufactured and sold by both companies.
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8Here are a bunch of projects which are unwilling to get their debts rated
8Shree Umiya Cotspin Pvt. Ltd.
8Gajavelli Spinning Mills Pvt Ltd
8Electro Polychem Ltd
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8There is a proposed plan to build a manufacturing unit for synthetic organic chemical excipients in Gujarat with a production capacity of 51 metric tons. Recently, an Environmental Impact Assessment (EIA) study was conducted for the project site based on field data collected.
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8Get the latest rubber prices for Singapore.
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8The annual Mitsui Chemicals Process Technology Study Award for 2023 is now open for full-time students from Singapore Polytechnic, Temasek Polytechnic, and Nanyang Polytechnic. The application deadline is approaching soon.
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8Aramco has acquired a 10% stake in a Chinese petrochemical firm for $3.6 billion, allowing them to expand its presence in China's downstream market. The deal includes the supply of 480,000 barrels of crude per day to China's largest refining and chemicals complex.
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8Aramco and its partners NORINCO Group and Panjin Xincheng Industrial Group will begin building a 300,000 bpd refinery and petrochemical complex in China, which is expected to be operational by 2026.
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8A coalition of 15 investors, worth over $4.07 trillion and coordinated by responsible investment NGO ShareAction, is urging 13 of Europe's largest chemical companies to transition away from fossil fuels to align with their climate commitments. This statement is directed towards companies covered by ShareAction's chemicals campaign.
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On March 28, 2023, the price of Electrolytic manganese decreased in the Mumbai, Delhi, and Ahmedabad markets, according to information from Petrochem.
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According to Petrochem sources, ethyl acrylate prices have reduced in the Mumbai chemical market.
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Petrochem sources reported a rise in Delhi SBR grade 1502 prices today.
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SBS grade 6302 prices have escalated in the Delhi market, today.
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The price of sodium hexametaphosphate industrial grade in the imported market of Ahmedabad has decreased today due to a surplus supply and weak regional demand.
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An elevation is noticed in DOTP prices.
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On March 28, 2023, Petrochem sources reported a fall in dicalcium phosphate feed grade 17% powder prices in the Delhi market.
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An elevated trend is noticed in phosphoric acid prices.
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