News & Bulletin Updates

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

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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

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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

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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

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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

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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

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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

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Feb 11, 2022: Linde profits up 50%

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

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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

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

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

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

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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

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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

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As EPC or EPCM contractors, the focus is always in the oil & gas segment.
8But here is a chemical company, which has doubled its turnover during a COVID infested year
8And it is looking a respectable capex of around Rs 3500-3000 crore in specialty chemical segment

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PLL has extracted a high cost on its offtakers through its "use of pay" charges during the pandemic
8Such charges multiplied six times, after offtakers couldn't lift their committed quantities of gas
But offtakers are unwilling to pay these charges

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8Indian managers are always in demand.
8If for some reason, there is no fit in India, and the option is for an executive to leave, an option is always found for employment abroad.
This is exactly what happened in one such case. He was the managing director.

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8Get the latest update on the two jack-up rig hire by ONGC
8What is the status as of now, and who are the possible bidders? 

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Feb 11, 2022: MOPU demand coming up

Demand for a MOPU has come up
8Two interesting options are to be given to the contractor

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The electric vehicle market is in throes of change.
8And here is an insight into the market that CGD companies must keep track of so the CNG demand is not over-estimated in their projections

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8A big pipeline laying opportunity is ahead

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This CGD company says that it will have an incremental gas demand for 3 mmsmd.
8So gas suppliers must get in touch with it

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8Project Name: Bengaluru Rural and Urban Districts City Gas Distribution
8Project Cost: Rs 250 crore

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Jamshedpur - East Singhbhum District City Gas Distribution.
8Project Cost: Rs 300 crore

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Do you want to be a door-to-door seller of diesel
8Here is an opportunity

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