News & Bulletin Updates

8A cargo of shulphuric acid is coming into India
8Coromandel International is importing this 10000 tonne cargo

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On August 17, 2021, Petrochem sources reported a fall in octanol prices in the Kandla port.

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NBA prices at Hazira are currently at lower levels.

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8Quite a few caustic soda shipments are up ahead
8Find out who is importing them and in what quantities

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Tight supply coupled with high demand has raised MIBK prices in the Kandla market. 

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MX prices have been announced at JNPT.

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On August 17, 2021 naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $69.22 per barrel on August 17, 2021.

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On August 17, 2021, Petrochem sources reported a fall in MEG prices in the Mumbai market.

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Market sources reported an increase in ethylene dichloride prices in Pipavav today.

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A huge rise in demand has raised butyl acetate prices at Hazira.

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Prices for styrene monomers have been announced at Hazira, today.

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On August 17, 2021, Petrochem sources confirmed that 2EHA prices had risen in the Kandla market.

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BAM prices have been announced at Hazira.

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8Here is a full feasibility study done by none other than British Petroleum on Renewable Hydrogen and Ammonia
8The study was done for Australia but will the same principles apply for India, given affordable renewable energy here

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8Here is an interesting paper on Real-time analysis of ethylene production processes to optimize yield while maximizing uptime and maintaining safety and environmental compliance

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8Get the details here of a Rs 80 crore expansion into piperazine derivatives and speciality chemicals

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8Haldor Topsoe increases prices for sulfuric acid catalysts

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8Advance Petrochemicals is a rather small company
8But it has turned in a good net profit in proportionate to its turnover

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8Deep Polymers Limited to takeover Deep Plast Industries

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8Savita Oil Technologies Limited holds 10000 equity shares of Savita Polymers Limited (SPL) and proposes to acquire balance 6,00,000 equity shares of SPL
8E&Y has been appointed to find out the fair value of these shares
8The merged entity will then be the only Indian manufacturer of all three types of transformer fluids, namely, mineral oil, natural ester and synthetic ester

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8Chemtrade Overseas Private Ltd is an importer, indenter and trader of specialty chemicals and solvents used by various industries like pharmaceuticals, petrochemicals, paints & coatings and others
8But for reasons best known to itself it is refusing to cooperate with its rating agency

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8Here is a global Procurement & Supply-- Supply, Services, Projects, People -- company that you can put good use of
8Get to know what it has to offer

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8Find out more on what the management of Galaxy Surfactants has to say about the performance of the company
8What are the company's plans up ahead

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8For Q1FY22, Supreme Petrochem’s (SPL) revenue increased by a whopping 258.5% YoY to Rs 1047.80 crore mainly on account of  low base and because plant operations returning to normalcy as compared to a Covid hit last year
8EBITDA has grown manifold, from a negative Rs 3.20 crore in Q1FY21 to Rs 197.4 crore in Q1FY22, however sequentially EBITDA saw a decline of 37.6%
8EBITDA margin expanded by 1993 bps YoY to 18.8% on a negative base of last year
8Net Profit stood at Rs 146.30 crore against a loss of Rs 11.9 crore in the corresponding quarter of last year

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