On September 23, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

The international crude oil price of Indian basket was quoted at around $73.72 per barrel on September 23, 2021.

Domestic phenol prices have been revised by Hindustan Organic Chemicals Limited.

Ethyl acetate prices have been revised by GNFC Group.

GNFC has raised its acetic acid prices.

Petrochem sources in Ahmedabad have reported a rise in MEK prices.

Phenol prices registered a sharp fall in the imported market of Kandla.

A rise in VAM prices was recorded today at Hazira.

MIBK prices were assessed lower in the Mumbai market.

High SM prices were recorded in Mumbai today.

Indian Oil Corporation Limited has announced a revision in its PP and PE prices.

Tight supply coupled with high demand has raised MP Diol prices in the kandla market.

A revision in PP and PE prices has been announced by Haldia Petrochemicals Limited.

Petrochem sources in Mumbai have reported a huge rise in VAM prices.

Tight supply coupled with high demand has raised MEK prices in the Mumbai market.

8Chemical company leaders have not been able to catch their collective breath. Pandemic-related production shutdowns in China forced companies all over the world to try to fill their pipelines while they still could to keep things moving, watching as other countries started to see COVID-19 cases climb
8Chemical organizations have multiple supply chain management tools and strategies at their disposal; it can be a matter of matching the right approaches to the company’s needs and operational maturity
8KPMG claims they can help companies implement the changes that are expected to have the greatest near-term impact while continuing to work with company leaders on refining and realizing their long-term goals for a modern supply chain that can best serve their customers and the company

8Here is a company which has made an investment of Rs 75 crore in Phase-1 and Rs 55 crore Phase-II largely cater to the custom synthesis business
8This investment gives a revenue visibility of Rs 350 crore, a high double digit return
8Pretty good indeed for some players in the chemical business as there is so much scope to grow

8Here is a del credere agent (DCA) of RIL for its polymer products
8Controlled by Manish Shah and family

8How do you calculate greenhouse gas emissions from the transport and logistics of the chemical industry
8Here is a paper that does it

8Get the latest weekly Asian petrochemical prices here

8A chemical company allocates 50 lakh new warrants
8Former MD of IndusInd Bank director in Adani company
8Union Quality Plastics director resigns

8Here is N. D. Plastics, an importer of petrochemical and chemical product
8But it finds itself not cooperating with its debt rating agency
8Why is that so?
8Another company caught not cooperating is Amit Polypipes, a maker of permanently lubricated high density polyethylene (PLB HdPE) pipes

8China’s environmental policy may cause CTO/MTO plant utilisation rates to drop for the rest of 2021, benefitting polymer, MEG and methanol prices

8Color Chemicals is a partnership firm which trades in and distributes textile chemicals and dyes
8It just got a ratings upgrade

It is a combination of high prices and other factors that has reduced cargoes at Indian LNG terminals
8Shell Hazira normally has as many four or five cargoes which are notified to port authorities, and currently, it has one
8Single cargoes are also expected at Ennore and Dabhol as well
8The rush is now concentrated at PLL's Dabhol terminal