News & Bulletin Updates

8Barentz International, a leading global life science ingredients distributor announces an agreement to acquire a majority stake in the distribution activities of Gangwal Chemicals Private Limited

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8NOICL gets a pat on the back from rating agency
8And it is well deserved

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8The price of rubber wood has gone up from Rs 6,000 a tonne to Rs 7,500 per tonne as availability has dipped following incessant rains in Kerala

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8The Association of Natural Rubber Producing Countries has predicted short-term gradual momentum in in natural rubber (NR) prices due to tight global supplies, improvement in demand and the resultant deficit

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8Despite facing unprecedented market headwinds, Oman’s integrated global energy company, OQ, has pressed ahead with one of its boldest projects: the US$6.7 Bn Liwa Plastics Industrial Complex (LPIC), set to begin production later this year
8This transformational project will firmly put the Sultanate on the global petrochemicals map and enhance OQ’s contribution to the national GDP

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8Polypropylene  production in Russia up by 10% in January-October
8That is a good sign, but can that be sustained?
8Also, HDPE prices somehow are at a record high

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8China 2021 polyethylene demand could be 1.9m tonnes lower than previous year
8And that is shocking news

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Dec 06, 2021: EPSA has a lot to say

8Expanded Polystyrene Australia (EPSA) is the national industry body for all manufacturers and distributors of expanded polystyrene (EPS) products across Australia
8And they have a lot to say

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8Sibur, one of the world’s largest petrochemical companies, has set more ambitious ESG targets over the next five years, including in recycling, low-carbon products and energy use

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8UAE Borouge signs $1.58 billion partnership deal with Technip
8That is a big deal by any standards

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8December prices of Russian PVC rolled over from November with a few exceptions

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8Burckhardt Compression has signed a contract with Jiangsu Hongjing New Material Company to supply three hyper compressors and three primary boosters to a major petrochemical plant

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8Did you know that a small plant in Clendenin, West Virginia is where the petrochemical industry first began?
8It was a Union Carbide plant

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8Trinseo announced the closing of the previously announced transaction to sell its synthetic rubber business based in Schkopau, Germany to Synthos S.A. and its affiliates for an enterprise value of approximately $491 million, comprised of a cash purchase price of $402.4 million, the assumption of approximately $41.6 million of pension liabilities by Synthos, and net working capital (excluding inventory) retained by Trinseo of $47.0 million

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8Here is this massive Iranian petrochem company
8And its production is based exploiting the massive South Pars Gas-Condensate field
8It has manufacturing plants for olefin, linear low and high density polyethylene, Butadiene and butene
8Know more about what is going on

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 8Get daily rubber prices here of Singapore

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8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8We have introduced regular daily prices for over 200 chemicals
8No one in India covers as many chemicals as we do now on a daily basis
8Catch here the full chemical price matrix for the day

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8We provide India's most extensive rubber product prices
8We cover all major trading centres, and prices are given for multiple grades

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8Our all-India, daily recycled plastics coverage is the best in the country
8The website is providing data on recycled PP, HDPE, LDPE, LLDPE, ABS and PVC prices
8Prices are given for Mumbai, Delhi and Ahmedabad

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8A team of scouts, journalists take out daily fiber prices across different markets in India
8Get a complete roundup of fibre price movement for the day here

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8We are providing around 30 different grades of plastic films, segregated into BOPET, BOPA, CPP, BOPP and PE
8Know where the prices have changed

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Price protection in PP grades has been announced by major domestic producers.

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Liquid chlorine prices were quoted higher in the Mumbai market today.

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On December 6, 2021, trading sources reported a fall in dichloromethane prices in the Mumbai chemical market.

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