News & Bulletin Updates

BASF and Heraeus have agreed to form a joint venture (BASF: 50%; Heraeus: 50%) to recover precious metals from spent automotive catalysts
8The new company named BASF HERAEUS (China) Metal Resource Co., Ltd will be set up in Pinghu, China
8The founding of the legal entity is targeted in Q1 2022, following the approval of the relevant authorities
8Construction is planned to begin in 2022, with start of operations in 2023

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8Goodyear India's mother company has performed well
8Sustainability is the new motto

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8The University of Birmingham has licensed the rights to a ‘supercritical water’ technology to Stopford, to develop a novel process for recycling mixed plastic packaging that it says delivers ‘a greater proportion of high value recycled plastic with less emissions’

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8Honeywell announced that it has introduced a new solution for producing renewable naphtha for petrochemical production using the commercially proven Honeywell UOP Ecofining technology

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8Uno Minda's revenues increased by 7% Y-o-Y and 3% Q-o-Q to Rs 2,181 Cr for the quarter in spite of supply side constraints adversely impacting auto industry volumes

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8South Korean authorities have ordered a production halt at one of petrochemical company Yeochun NCC’s (YNCC) three naphtha crackers after a blast killed four people and injured four

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8Saudi petrochem Chemanol, GDI signs methanol deal, to explore future collaboration

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8Tripura: Deforestation, rubber plantations rise leads to primate habitat changes, conflicts with humans, says study

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8Triveni Engineering & Industries Ltd's distillery segment reported strong growth in turnover during the quarter and nine-month period of 45% and 31% to  Rs 156.13 crore and Rs 506.88 crore respectively as compared to the previous period

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8Ratnamani pipes has reported that strong demand from CGD players is driving the CS pipe segment (a low margin business), while muted demand for SS pipes (high margin business) from refiners affected profitability

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Bodal Chemicals Ltd has posted its best performance ever.
8The point is that rising end-user demand and structural demand shifts as a result of global supply-side tightness have also helped Indian manufacturers like this company to gain ground

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Feb 14, 2022: MCFL: Doing good

8Fertilizer companies are doing well
8And Mangalore Chemicals and Fertilizers Ltd is no exception. Nine month profits are good

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Deepak Fertilizers provides an outlook on its key chemicals and fertilizer divisions.
8What does the future hold in store, where is the company headed?
8Also, the company does a competition analysis

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Akshat Plastics Pvt. Ltd. is a distribution company.
8But when it came to rating of its debt, it requested that the rating be withdrawn

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Buywel Agencies Pvt Ltd is the del credere agent (DCA) of Reliance Industries Limited (RIL) for distributing polymer products (PE, PP and PVC) in erstwhile Andhra Pradesh.
8But even so, the going has been tough

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Tanfac Industries Ltd mainly produces hydrofluoric acid (HF) and aluminium fluoride (ALF).
8There is a sale transaction going on at this moment
8All attention is on that right now

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Amar Impex trades in dyes and benzene intermediates, optical brighteners, printing gums and several other chemicals, which are procured from the domestic market and exported to various countries.
8This is one company doing well in difficult times, when quite a few other trading outfits are not doing so well

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

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Feb 14, 2022: EPDM weekly synopsis

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

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

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

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RIL has a bunch of projects coming up
8PTA
8VCM
8PVC
8PET
A licensor has reportedly been chosen for the PTA unit
Also more on these projects

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Prices of C5 in Delhi are quoted steady due to stable demand patterns.

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8RIL has come out with a mission statement on the spinning off of its syngas assets into an independent subsidiary.
Which is the technology major it is partnering with?

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High demand has raised acrylamide prices in the Mumbai chemical market.

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