Silane coupling agent grade LT560 prices were reduced in the Delhi market today.

Carbon black grade N220 prices have registered a rise in Delhi today.

On February 12, 2022, Petrochem sources reported a fall in regular butyl rubber grade 268 prices in the Delhi market.

Prices of nitrile butyl rubber grade KNB35LM have increased in the Ahmedabad market.

On February 12, 2022, trading sources reported a fall in acetone prices in the kolkata chemical market.

DOP prices have climbed higher in Kolkata.

Petrochem sources in Kandla have reported a huge rise in MIBK prices.

8The All India Kisan Sabha, a farmers’ group aligned with Left parties, on Thursday demanded Prime Minister Narendra Modi provide Rs 1,788 crore, equal to the penalty amount imposed by regulator CCI on tyre corporates, as grant to rubber farmers to set up a tyre manufacturing unit
8Clearly, this demand is unlikely to be accepted but does make a dramatic point

8Out of 23 oil refineries in India, only eight have integrated petrochemical complexes
8Get the entire data here

8Petro Carbon And Chemicals Pvt Ltd is a petroleum coke producer
8It is backed by the Atha Group
8But there are moderating forces at play

Indorama Synthetics Ltd posted a significantly higher turnover in Q3 compared to the same quarter in the previous year.
8But the bottom line has been a bit slippery

8South Korean smartphone and electronics manufacturer Samsung's new smartphone, the Galaxy S22 Ultra, will have components made from repurposed fishing nets and other post-consumer materials

8Indian state-controlled importer Petronet LNG plans to add 9mn t/yr of LNG capacity on the west and east coasts of India in the next 4-5 years, as well as build storage tanks, a jetty and a petrochemical plant

8The first nine months of the current financial year has seen Dhunseri Ventures Ltd perform better than the same period in the previous year
8The company has now opened a wholly owned subsidiary in the US

8Manali Petrochemicals saw a tripling of profits during the first nine months of 2021-22
8But it seems to have a headache: Its lease renewal for its production complex has expired and has not been regularized

Kanpur Plastipack Ltd is a fully integrated bulk packaging provider
8The company posted a robust Q3 profit margin but it was lower than the Q1 margin
8Sales in Q3 quarter were lower due to carrying higher finished goods inventory which has since been liquidated in the current quarter
8The Company’s project to set up a Cast Polypropylene Film (CPP) line is well underway. 8Orders for machines have been placed and the land has been acquired

8Malaysia’s natural rubber production increased by 36.7 per cent to 41,690 tonnes in December 2021 compared with November’s 30,493 tonnes

8Lummus Technology has announced that its Green Circle business and Synthos S.A. have reached a major milestone in the development of advanced bio-butadiene technology

8Global technology giant Linde has posted a turnover of $30 billion, and profits of $5 billion
8Profits are up 50%

8Get the spot rubber prices in Singapore
8Further, Japanese rubber futures rose on Wednesday to their highest in more than two weeks, driven by Shanghai gains and higher raw material prices

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

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

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

8The website carries here a weekly outlook on SEBS prices
8Find out what our analysts are saying about how prices will behave till next week

The line pipe industry in India is all set to flourish. The global steel pipes and tubes market is expected to reach $279 billion by 2027, with a CAGR of 8.4% in the next four years. India is the third-largest manufacturer of steel pipes with an estimated market size of Rs. 33,000 crore, which registered a steady 8.2% CAGR over the past 10 years.
8The government’s focus on increasing participation of local firms in government projects by disallowing global tenders for up to Rs. 200 crore, government spending on infrastructure projects (Jal se Nal, expansion of the National Gas Grid, and CGD pipelines among others), and anti-dumping duties on imports of seamless CS pipes from China would drive overall demand for steel pipes going ahead.
8Here is one company clearly benefiting from it