8The budget will be out tomorrow
8Get to know from people you can trust on what the budget will hold for the chemical sector

82021 has been a difficult year for some reasonable sized chemical players in India
Input costs would continue to increase in Q4FY22 and feedstock and logistics costs will also remain high
8Prices will be hiked to pass on inputs cost rise (international players are also implementing price hikes)
8However, a rise in indirect costs in the form of energy/logistic would not be fully passed on to end customers and thus margin in percentage terms would see improvement when inflationary pressure recedes

8This Indian company expects to launch new high-performance pigments
8Most of the products would be replacing European products

8Here is a monthly summary that is sent to all members of the cabinet from the ministry of chemicals and petrohemicals

8America’s largest plastic recycler will use Honeywell's Advanced Plastics Recycling Technology

8The company expects global polyethylene demand to stay strong in 2022 after record net sales 

8ABB and Coolbrook collaborate to reduce emissions in petrochemical market

8Solvay launches new recycled-based high-performance polyamide for consumer appliances

8Here is a detailed latest month-wise data on production of chemical and petrochemical products

India- US Trade Policy Forum (TPF) Ministerial meeting was held on 23 November 2021 and both sides discussed outstanding trade issues and a joint statement was issued envisaging a way forward,
8As per the joint statement, both sides agreed that the TPF should seek to continually deliver concrete outcomes to generate mutual confidence
8In this connection, now, the TPF Working Groups on Trade in Goods, Trade in Agriculture, Services, Intellectual Property and Investment are to develop, by March 2022, plans of action for making substantive progress on outstanding bilateral trade issues
8You can get involved in the process

8Here is a synthetic rubber manufacturer which has reached historical highs in terms of all its financial performance parameters in Q3-FY22

The Chinese oil supermajors are on a different plane entirely.
8They are bigger than BP and Exxon Mobil and ONGC and even RIL will pale in comparison to their size
8Sinopec is one such company
8And size also equals profits it seems, the company has posted a profit that is bigger by 1.2 times in 2021 compared to the previous year

8TotalEnergies has tied up with Berry Global Group Inc, to make food packaging more circular
8Find out how they are going to do so

8Get rubber prices in Singapore here

The bids have been opened for one segment of the Indian sponsored refinery at Mongolia.
8The way they have been priced, it is unlikely that the refinery will ever come up

8Project Name: Jamnagar District City Gas Distribution
8Project Cost: Rs 300 crore

8GACL is setting up this Rs 1100 crore phosphoric acid expansion project
 Commissioning has been delayed by a few months
NPK Fertilizer Greenfield Project
8Cost: 400 Crore
8Project Event: The project is still on hold due to the impact of Covid, It is likely to be activated in Q1 FY 2022-2023.

8Here is an announcement of a Rs 1170 crore technical ammonia project

8Here is a month-wise comparison of DAP prices of 2021 over 2020
8There is a huge differential in these prices

8A urea tender is out

8Yara has signed a contract for the delivery of a green hydrogen demonstration plant at its ammonia production facility
8The project aims to supply the first green ammonia products to the market as early as mid-2023
8Know more

8One Sulphuric Acid Shipment will reach on 6th February 2022
8Two Rock Phosphate Shipments are coming up on 2nd February and 7th February 2022

8Know more about the first eco-friendly urea fertilizer in the world

8Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean-hydrogen juggernaut.

8A joint venture of billionaire Gautam Adani-run group's gas arm and Total of France on Friday walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB.