News & Bulletin Updates

PCE prices have fallen in the Mumbai chemical market today.

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Low EGMBE prices were quoted in the Mumbai chemical market today.

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On December 21, 2021, Petrochem sources reported a fall in paraformaldehyde price in the chemical market of Delhi.

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MEK prices are falling in the imported market of Kandla.

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IPA prices have moved up at Hazira.

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High DEG prices were recorded at Hazira today.

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MEK prices were significantly lower in the Mumbai market today.

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Dec 21, 2021: ACN climbs in Mumbai

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

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Prices for the NBA have dropped at Hazira.

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Petrochem sources have reported a huge fall in VAM prices in the Mumbai market.

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8Numerous companies – such as Vinati, Deepak Nitrite, Atul, Tagros, Laurus, Deccan Chemicals, PI Industries, and Astec – have been doing well in investing in R&D as well as adopting better processes. However, certain complex chemistries, such as ozonolysis, cyano compounds, and amoxidation, are still not being tried in India on a large scale
8How to get around this problem?

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8Permission has been given for a new DAP plant
8Project cost: a whopping Rs 914 crore

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8He is a man of experience

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INEOS Styrolution India Limited (SIL), a Gujarat-based ABS, SAN and polystyrene manufacturer.
8It has an established track record of operations along with its leadership position in the Indian Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN) co-polymer markets
8Its speciality production and diversified give it strength

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8Coromandel International Ltd's raw material costs have escalated beyond imagination
8So margins are expected to remain under pressure

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8Get the latest monthly production data of key chemicals for July-October, 2021

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Bhopal tragedy in 1984 was a gruesome tragedy
8And yet Union carbide had refused to appear before the courts every since
8The last summon was sent less than two years ago, again with no representative showing up

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Dec 20, 2021: Suggestions sought

8Suggestions are sought for ceiling rates for RoDTEP for AA/EoU/SEZ exports
8Further, you can point out errors or anomalies in rates

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8Major accident at Gujarat Fluorochemicals
8Why did an ISO certified complex have such an accident?

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8Tata Chemicals wins India’s top 25 Most Innovative Companies by CII for the third consecutive year
8Find out more on this

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Get the following on the Indian chemical industry:
8Market Overview
8Recent Trends and Strategies
8Growth Drivers
8Opportunities
8Key Industry Contacts

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8Get some valuable contacts on the Indian textile industry
8Find out more here

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Dec 20, 2021: Yara gets a grant

8Yara gets a massive grant for green ammonia

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8The Plastic Waste Makers Index has identified the top 20 polymer producers which are responsible for over half of the production of polymers which end up as single-use plastic (SUP) waste globally
8What is of great interest is that these companies’ profit margins peaked five years ago, return on capital declined over the last decade while financial gearing is headed in the opposite direction, and free cash flow has plummeted  and annual capex is below depreciation
8Has the industry itself become cautious about investing?
8Are Indian companies in this index?
8Eventually if damages are brought against them, these companies may even face liquidation

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8As the demand for recycled plastics grows, so does the size of the machines
8This applies to the processing of polyolefins as well as to PET recycling

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