News & Bulletin Updates

On January 19, 2022, Petrochem sources reported a fall in benzene prices in the Mumbai market.

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Deepak Fertilisers & Petrochemicals Corporation Ltd seems to have eventually made the transition to a speciality chemical player from a commoditized portfolio company
8And this has raised its valuation multiple times
8A remarkable performance indeed

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8On December 14, 2021, China’s Ministry of Emergency Management (MEM) released a draft on the “Regulations on the Management of Safety Information Codes for Hazardous Chemicals (Trial)” and began soliciting comments from relevant organizations
8This may be of interest to some in India

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8A Rs 20 crore capacity plant is coming up for synthetic resins

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Jan 18, 2022: BASF's plans ahead

8BASF plans to expand European production for Hexamethylenediamine and Polyamide 6.6.
Meanwhile,, the company has partnered with China BlueChemical and Wuhuan Engineering to develop new technology for use of CO2 rich marine gas

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8Eastman to invest up to $1 billion to accelerate circular economy through building world’s largest molecular plastics recycling facility in France

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Apcotex Industries Ltd (Apcotex) is a leading producer of synthetic rubber (nitrile rubber, high styrene rubber, nitrile polyblends and nitrile powder) and synthetic latex (XSB latex, VP latex, styrene acrylics and nitrile latex) in India.
8Apart from its current product, the company has readied a pipeline of next generation products

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8There is an expansion project coming up for for a plant producing synthetic rubber and lattices
8The project cost is impressive: Rs 160 crore

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8More crackers in Asia are planning to slash run rates, a decision propelled by weak cracker margins

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Jan 18, 2022: Asian price outlook

Get the pricing outlook here for
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol

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Radiant Indus Chem Pvt. Ltd is engaged in the manufacturing of oxalic acid, sodium nitrite (by product in oxalic acid manufacturing) and processed food items such as jams, mayonnaise, sauces, pickle and vegetable paste.
8And it has got itself a ratings update

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D.R. Coats Ink & Resins Pvt Ltd produces synthetic resins such as polyamides, ketonic resins and epoxy resins, which mainly find applications in paint & ink manufacturing, production of adhesives, wood polish and acrylic production
8But is the company in trouble?

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K.P.R. Agrochem Limited is engaged in manufacturing of NPK Mixtures, Agrochemicals, DiCalcium Phosphate (DCP - animal feed), Singe Super Phosphate (SSP), Sulphuric Acid, Di-Methyl Sulphate (DMS), LABSA and Oleum.
8Why is it in the non-cooperating mode with its debt rating agency?

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8A procurement tender is on for Alkyl Phosphite: ST4595 (Dapraphos DOHP) or ST4612 (Duraphos AP 240 L)

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8A customized thermoplastic elastomer from the Dryflex Green family of biobased TPEs developed by Hexpol TPE is being used by yoga mats and accessories manufacturers

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8Get the latest rubber price in Singapore

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8Kohinoor India Pvt Ltd is engaged in the manufacturing and trading of rubber products like bicycle tyre, auto tubes, rubber sheets and trading of natural rubber and rubber chemicals
8The company however has been lying low of late

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8The caustic soda lye producer, Punjab Alkalies and Chemicals Limited (PACL), is undertaking a heavy duty capex
8And that is straining the company's resources

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8The website carries here our weekly outlook for dichloropropane
8Find out how prices are going to behave ahead

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8Find out our weekly analysis, price charts and projections on hydrogen peroxide price movements for the coming week

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8We are carrying here a weekly dimethyl carbonate market report
8Find out what kind of prices are projected going ahead

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Today SBR grade 1712 was quoted lower in Ahmedabad. 

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Low Acrylic acid was reported today in Mumbai.

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On January 18, 2021, isophthalic acid prices moved higher in the Ahmedabad market.

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NPG prices are slowly increasing in the Mumbai market.

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