A roll over in PP and PVC prices has been announced by Reliance Industries Ltd.

8The Global Plastics Outlook: Economic Drivers, Environmental Impacts and Policy Options offers a unique quantified picture of the full lifecycle of plastics globally, including production, consumption, waste, recycling, disposal, leakage and greenhouse gas emissions
8Five key findings summarize the current challenges while four critical levers are put forward to make the plastics lifecycle more circular
8The current plastics lifecycle is far from circular.
8COVID-19 increased single-use plastic waste, though plastics use fell overall
8Mismanaged plastic waste is the main source of macroplastic leakage
8Significant stocks of plastics have already accumulated in aquatic environments, with 109 Mt of plastics accumulated in rivers, and 30 Mt in the ocean
8The carbon footprint of the plastics lifecycle is significant

8Amid increased scrutiny of the upstream carbon intensity associated with the production of fossil fuels, investors, consumers, and producers are looking to reduce their carbon footprint or emissions.
8Trading of “low carbon” commodities has started to pick up dramatically over the last several years, with the first cargoes of “low carbon crude” sold in 2021

8The installation of a new pulverizing system has enabled a leading PVC extrusion processor to expand capacity
8The new pulverizer, model PKM800 from Pallmann Industries, delivers greater throughput, increased productivity, reduced material cost, and greater cleanliness for products made of PVC

8Narmada Bio-Chem is engaged in manufacturing and trading of organic fertilizers, chemical based fertilizers and bio fertilizers
8And the company seems to have got a very rating indeed

8Japanese engineering firm Toyo Engineering plans to study the feasibility of electrifying an ethylene cracker furnace in Thailand, targeting to build a commercial facility in 2029

8The EU has imposed fresh sanctions against Myanmar's (Burma) armed forces, targeting state-owned Myanmar Oil and Gas (Moge), a major source of revenue for the military junta that seized power a year earlier

8Plast Asia 2022 is going to kick off in Delhi in April
8Know more about what is in store

8Analysis of container transport delays by Sea-Intelligence indicates that even when supply and demand start to balance out again, the large store of empty containers in importing economies threatens to further clog up the system

8The US Department of Justice has teamed up with the Federal Bureau of Investigation and competition authorities from a number of other economies, including the UK’s Competition and Markets Authority, in an initiative to “deter, detect and prosecute those who would exploit supply chain disruptions to engage in collusive conduct” in the wake of supply chain disruption and persistent price increases
8Know more

8Resin and petrochemical major Chevron Phillips Chemical (CP Chem) said today it is investing in Infinity Recycling's Circular Plastics Fund as part of its sustainability efforts

Assorted Plastics Pvt Ltd is a small outfit which is into the manufacturing of moulded plastic products such as bottles, closures, lid and jars.
8Clearly, COVID seems to have had an adverse impact

8A specialty film coating described as a type of diamond-like coating (DLC) from Oerlikon Balzers has been shown to reduce the coefficient of friction (COF) of sliding plastic as well as ceramic and metallic components to nearly zero, which increases wear resistance

8Westlake Corporation announced its target to reduce scope 1 and scope 2 CO2 equivalent emissions per ton of production by 20 percent by 2030 from a 2016 baseline

8Get the latest rubber price in Singapore

8China Cotton Index : 22-02-2022: 22805 Yuan (Changed: +22)
8Karachi Cotton Association Spot Rate: 22-02-2022: Pak 20280 (37.324Kg) (Un-Changed :)
8MCX - Cotton Future : 22-02-2022: Apr : 2022 : Rs. 37450 (Changed: -460)
8NYBOT- Cotton Future: 22-02-2022: Mar: 2022 : $ 121.11 (Changed : -1.88)

8Why do analysts think that BPCL and BPCL face headwinds ahead but not IOC?

Here is a refinery under expansion
8And it is offering some great jobs

8BPCL has done a smart tie-up for EV charging

8Four bids have come in for the Panipat Resid Hydrocracker Unit
8This a big unit

The Panipat Resid Hydrocracker Unit reserve price was raised by EIL
8But that itself may not be enough
8Is another price revision likely

8India is pushing for green ports. What does that really mean?
8Also, here is an indian company holding forth on patented technology for cellulosic ethanol
8How competitive can Indian hydrogen get?

The GSPC-Adani terminal at Mundra is styled along Shell's Hazira terminal
8Both have tolling models
8Find out what is the status of the terminal as of the moment and what GSPC is doing to shore up business

The Mozambique LNG project suddenly looks very attractive again, now that a demand-supply gap is expected to emerge from 2025 onwards
8If militancy can be handled, the Indian trio of BPCL, ONGC and OIL have one of the lowest cost LNG projects in the world

Here is a gas pipeline that has to necessarily be built but is not getting built.
8And there is a lot at stake