On January 25, 2022 polyester POY were quoted lower in the Mumbai market.

Polyester DTY prices were assessed higher in the Mumbai market today.

8India's crude oil imports in December hit their highest level in a year as strong demand prospects in the world's third-largest oil consumer and importer prompted refiners to stock up.

8It is budget time.
8After two years of splurge, Finance Minister Nirmala Sitharaman has alluded to a return to fiscal consolidation.

Propylene glycol prices witnessed a fall at the Kandla port. 

On January 25, 2022, styrene monomer prices moved higher in the Ahmedabad market.

8We have the largest daily coverage of daily metal prices in India
8Around 450 prices are gathered daily

8BASF plans to to expand European production of specific petrochemicals

8Find out how LPG became a cheaper option than naphtha as feedstock for Asian petrochemical plants

8Methanol producers and importers are facing stricter regulatory checks
8Is that a good thing?

8Cyclyx International is a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%
8Dow has joined the consortium now, giving it more strength

8Stock analysts have issued a "buy" recommendation on the RIL scrip
8On what basis has this been made?

8ABS capacity start-up soon

8The government has given a go-ahead for setting up a plastic park at Ganjimutt in Dakshina Kannada

8Pact Group, Cleanaway, Asahi Beverages and Coca-Cola Europacific Partners (CCEP) have formed a new joint venture to build a new PET plastic recycling facility

8Rubber production rose by 15 kilotons in 2020, despite the coronavirus pandemic in Cameroon

8Biffa, a large integrated waste management business based in the United Kingdom, has entered into a partnership with Esterform Packaging, a U.K.-based independent producer of plastic bottles for carbonated drinks and alcohol, to supply the bottle producer with recycled plastic

8Japanese rubber futures fell on Friday as weaker oil prices and Asian equities dented risk appetite, prompting fresh selling, while concerns over slow automobile output due to the spreading pandemic also weighed on sentiment

8It is not as if sanctions do not bite
8The Iranian government has cancelled plans for selling off its shares in the country’s largest petrochemical company as sufficient bids did not come in

8According to the Qatar Chamber of Commerce and Industry (QCCI), there are over 6,000 big and small Indian companies operating in Qatar
8And the Indian government does it best to manage this relationship well at the bilateral level

8Invista (China) Investment Co, Ltd and China Pingmei Shenma Group have signed up a suite of agreements that establish a strategic relationship creating multiple opportunities for synergy

8After seeing lower production to start Q4 2021 in October due to hurricane disruptions and supply chain issues, US chemical production closed out the year with higher production in December, according to data released this week by the American Chemistry Council (ACC)

8Atul Ltd has a product portfolio of around 900 products and 400 formulations
8It has manufacturing facilities located at Ankleshwar and Valsad in Gujarat and Tarapur in Maharashtra, with its main site spread across 1,250 acres
8Geographically, its sales are almost evenly distributed between domestic and exports. It has marketing offices through its subsidiaries in the USA, UK, Germany, UAE, China, Brazil, etc
Find out more on this company

8The company has posted a better performance during COVID than before

8Ahimsha Industries is a small PET producer
8It is however not cooperating with its rating agency