On June 16, 2021, Petrochem sources confirmed that BAM prices have slipped in the Kandla port.

New prices for ethyl acetate have been declared at Ex-Satyam.

ABS (MIF45) prices have drifted down in the Delhi market

An increase in Polyamide (M28RC) prices has been noticed in Mumbai

ABS (HI121H) IM prices were assessed lower in the Mumbai market today

(imported) prices have drifted down in the Mumbai polymer market

ABS (HI121H) IM prices were assessed lower in the Delhi market today

On June 16, 2021, SM prices moved lower in the imported market of Mumbai.

Aegis has announced an increase in Methanol  prices.

On June 16, 2021, the purchase trend for EVA decreased in major domestic polymer hubs.

8According to Deloitte, the future success of most chemical companies relies on three areas: growth and innovation, performance and cost optimisation, sustainability, and the circular economy
8Central to much of this success is industrial digitalisation, a hugely exciting transformation

8The G7 summit has drawn up a communique outlining the priorities of the these countries
8It makes for interesting reading even for those in the sanitized petroleum sector

8As the world recovers from a global pandemic, leaders face an unprecedented challenge: to identify what works for a new and evolving today and what will be required to thrive tomorrow

8Stricken by lockdowns, India has been importing less of petrochemicals
8South Korea’s imports of PVC to India is the lowest in May

Performance Chemiserve Limited, a subsidiary of Deepak Fertilizers, is setting up an ammonia manufacturing facility of 1,500 MTPD (~500,000 MTPA) at Taloja, Maharashtra, close to the existing facilities of DFPCL.
8The project cost is estimated at about Rs. 4,350 crore which would be funded in debtto equity 61:39
8The project is expected to be commissioned by Q1 FY 2024
8Find out more about what is up on this front

8The fertilizer segment has done well ever since COVID broke out
8Deepak Fertilizers gets ratings upgrade

Get an outlook on the following products
8Naphtha
8MTBE
8Isomer-MX
8Toluene

8Bloom Seal Containers manufactures conventional as well as double-barrier HDPE containers which finds its application in storage of hazardous and non-hazardous chemicals
8During FY2020, the company shifted its manufacturing facility to Panoli (Ankleshwar, Gujarat) from Vapi, Gujarat
The rationale was to attain proximity to end-consumers and suppliers. At present, the company has annual production capacity of 5,000 MTPA.
8Know more about this company

Torrent Power has brought in a cargo of LNG all the way from Sabine Pass for its power plants
8Torrent is one of the few power companies running their gas-based power plants on LNG
8The fact that they have their own captive distribution set up helps in the offtake of power, which otherwise would not pass muster under India's merit order power offtake rules
8Find out more on this cargo, coming in now at Dahej LNG terminal

8With lockdowns getting relaxed, around 1 MMT of chemicals is lined up for Indian ports
8Get the latest import data as of today evening

8A whopping 8.61 MMT of crude is getting lined up
8Find out who is bring in what

8Denatured alcohol is getting imported
8The 20000 tonne cargo is being brought in by Various

8We have spotted several sulphuric acid cargoes lining up at different ports
8Find out who is importing them

8A shipment of methylene chloride is coming in
8The shipment will unload at Vizag

8Haldia port will see an assorted range of chemicals coming in over the next one week
8And these will include: butadiene, CBFS, LAB, benzene among others