News & Bulletin Updates

Petrochem sources in Delhi  have reported a fall in chlorpyrifos 97% prices.

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Petrochem sources at Kandla have reported a significant rise in MX prices.

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Tight supply coupled with high demand has raised Phthalic Anhydride prices in the Mumbai market.

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On March 8, 2022, the Mumbai market witnessed a rise in acrylonitrile prices.

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NBA  prices firmed up at Chennai in anticipation of tight regional product avails and improved buying sentiments.

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On March 8, 2022, the Mumbai market witnessed a rise in VAM prices.

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The Ukrain-Russia war and the complete weaponization of all instruments of the west, including corporate entities, the freezing of foreign exchange assets of the Central Bank of Russia, and the ouster of Russia from SWIFT and the disconnection of payments by credit card companies, have served as an eye opener to many countries, including India.
8There is now greater and more urgent call for PLI and Atmanirbhar schemes in critical energy schemes. And the call can already be heard

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8The resin industry could see a major change in global trade flow in and out of Eastern Europe as many major producers and logistics companies look to end their business relationships or impose certain restrictions on Russia due to its invasion of Ukraine

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8Here is a complete update on the Indian oil & gas sector as of now

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8Oil prices are now at a 14-year high

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8Speciality chemicals have arrived in India
8Find out why that is so

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8The petrochemical markets are on fire
8The benchmark naphtha rate is at a nine-year high

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8A red herring document tells a lot about a company
8Here is one such document for Archean Chemical Industries Ltd

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8LPG's discount to naphtha in Asia has reached the widest level in three years and nine months, prompting more North Asian petrochemical producers to consider using propane or butane as an alternate feedstock to help support olefin margins

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8Over 170 member countries of the United Nations Environment Assembly (UNEA-5) endorsed the End Plastic Pollution resolution on 2 March in Nairobi, Kenya, which could boost investment in recycling technologies and bioplastics production

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8Five companies have joined forces to industrialize a fermentation process based on marine microorganisms for the production of bioplastics

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8Get to attend a webinar on “Agrochemical Regulation in Australia and New Zealand”

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8Know more about Neste Corp's JV with Marathon Petrochem

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8Halliburton's new chemical plant
8Know more

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Mar 07, 2022: EXIM data

8Key chemical EXIM data for April-December, 2021

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8The Russia-Ukraine war has all kinds of repercussions around the world
8Also in India

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8MG Motor India takes another step towards sustainability. The company has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum.

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8There is a requirement for Atmer 163-Anti Static for a polypropylene (PP) Unit

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8Researchers are developing biodegradable polymers derived from microbes that feed on seaweed
8More importantly, it produces no hazardous waste and may be recycled into organic waste

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KK Kompounding Tech Giant Ltd is engaged in the manufacturing of polypropylene (PP), polyvinyl chloride elastomer (PVCE), thermoplastic elastomer (TPE) and other allied compounds.
8Turnover has grown to over Rs 200 crore
8And the company is in a firm wicket

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