On August 24, 2021, Petrochem sources reported a fall in styrene monomer prices in Kandla port. 

Market sources reported that toluene prices were revised in Hazira today.

A fall in PTA prices in the domestic market of Mumbai was noted on August 24, 2021.

Phenol prices were assessed lower in the Kandla port.

A cut in ethyl acetate prices was noticed today, at Ex-Satyam. 

Petrochem sources in Kandla have reported a significant rise in MEK prices.

New benzene prices have been announced at Vizag.

DEG prices have been announced at Hazira.

VAM prices were assessed lower in the Mumbai market.

VAM prices have been revised at Hazira.

Prices for ethylene dichloride have been announced at Pipavav, today.

Petrochem sources in Mumbai have reported a rise in acetone prices.

Market sources reported a cut in Hazira’s NBA prices today.

On August 24, 2021, ethyl acetate prices moved down in the imported market of Mumbai.

On August 24, 2021, C9 solvent prices were assessed lower in Mumbai.

Domestic market sources reported a fall in Mumbai’s acetic acid prices today. 

On August 24, 2021, trading sources reported a fall in benzene prices in the Mumbai chemical market.

8There is likely to be a huge demand for bio-naphtha going ahead
8Caught in a fierce race to become more sustainable, oil majors, start-ups and downstream producers are navigating regulations, funding models, and technological developments to stand out as industry leaders in an emerging market

8Shaily Engineering is into manufacturing high precision injection moulded plastic components and finished goods in home furnishing, healthcare, toys, personal care, automotive components
8There is a "buy" rating from stock market analysts for the company
8Find out why

8Ivax Paper Chemicals Limited, incorporated in 1988, is engaged in production of specialty paper chemicals with installed of around 50000 MTPA
8But ratings on the company's debt as been downgraded as the company reportedly refused to co-operate with a rating agency
8Another non-cooperating company is Bharat Cottage Industries, a manufacturer manufacturing household plastic items and thermo-ware products

8Major Chemicals valued at Rs. 5,847 crore and Major Petrochemicals valued at Rs.5,094 crore were exported in the month of May 2021 and import of Major Chemicals and Major Petrochemicals were to the tune of Rs.4,336 crore and Rs.9,624/- crore respectively during the month
8In all there was trade deficit in chemical and petrochemical import and export
8Get all the data here

8India has signed Preferential Trade Agreement (PTA) with MERCOSUR (comprising of Brazil, Argentina, Paraguay and Uruguay) on January 25, 2004 which came into effect on 1st June 2009
8India and MERCOSUR have agreed for tariff concessions ranging from 10% to 100% to the other side on 450 and 452 tariff lines respectively
8But there is potential on both sides to improve trade
8Join in on the debate

8Get to know of LG Chemicals' $2.2 billion plan to manufacture eco-friendly petchem products

8W. R. Grace & Co., the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL PP process technology to GAIL (India) Limited
8The UNIPOL PP process technology will be used for a 60 KTA polypropylene plant located at their existing petrochemical complex in Pata, India

8Salicylates and Chemicals Pvt Ltd is engaged in the manufacture of Parabenzene based derivatives and sunscreen chemicals
8The company started operations with the manufacture of Salicylic Acid in 1982
8In the same year, it started manufacture of Para Hydroxy Benzoic Acid (PHBA) and over the years, expanded into PHBA derivatives
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