8PVC prices are falling
8A combination of factors are at work for this to happen

8Chevron Phillips Chemical has broken ground on a new world-scale unit for on-purpose 1-hexene
8A new project will harness Chevron Phillips Chemical’s proprietary, on-purpose 1-hexene technology, which produces exceptional purity comonomer grade 1-hexene from ethylene

8Indian pigment production has increased at ~8% CAGR in FY13-19 compared to global growth of 3-4%. This was on the back of: 1) strong demand from domestic end users, 2) global consolidation and exits of top players like BASF, Clariant to focus on different priorities besides unfavourable economies of scale and 3) diversification of end user’s preference to India from China due to supply disturbances amid recurring issues like pollution concerns, US-China trade war and now Covid.
8Apart from the above factors, the company's focus on fast growing organic segment (~84% of domestic production), cheap labour, strong technical capability and chemistry knowledge are add-on advantages for the Indian players.
8And this is where Sudarshan scores

8Sumitomo Chemicals reported topline growth of 20% YoY to Rs 534.3 crore
8This is higher than what the market expected

8Mixed market conditions across regions is expected to raise the level of uncertainty for polypropylene in the second half of 2021

Recycling Technologies Ltd (RT) is a UK-based company founded in 2011 by Adrian Griffiths. Through almost a decade of research, engineering and collaboration with academia, it has developed a proprietary, patented technology to recycle mixed plastic waste.
8Its flagship machine, the RT7000, turns low-grade plastic back into a chemical feedstock (Plaxx®) for new plastic production. We have successfully partnered with global leaders such as: Neste, Ineos Styrolution, Unilever, Mars, Nestle, CITEO and the Ellen MacArthur Foundation
8Know more about the company, and may be even get in touch with them

8This well known stock market broker has got picked 20 stock market picks
8And a chemical company is not in one of them

ONGC officers and employees have put the blame squarely on Afcons over the debacle concerning the sinking of a barge following a cyclone and losing of lives.
8They want action to be taken against Afcons

ONGC has asked for full reinstatement of the employees who have been suspended after the fiasco
8Find out who these employees are
8And who prompted their suspension

8Two top officers were sent warning letters, it is learned
8One may lose the prospect of a crucial promotion

8A.D. Singh was arrested on charges of money laundering
8Will he now turn sides and become a state witness?

8Chemical imports are roughly about 19% below normal

There are five vessels in waiting in Cochin
8So, it is either a sudden shutdown or it is some other weather-related issue
8In Mumbai, three of the four crude oil berths as of now are empty

There is some kind of trouble brewing in Indian LNG terminals
8A cargo is on long wait at Shell's Hazira terminal
8As in an unprecedented move, as many as three cargoes are getting diverted out of PLL's Dahej port

Get the latest data on:
8Merchant ships: Contracting forecast by shiptype (no of ships)
8Contracting forecast upgraded from Sep 2020
8Merchant ships: Deliveries forecast by shiptype (no of ships)
8Offshore mobile units: Contracting forecast by shiptype (number of units)
8Offshore mobile units: Deliveries forecast by shiptype (number of units)
8Shipbuilding – contracting ships >2000 gt/dwt (updated up to March, 2021)
8Shipbuilding capacity and utilisation scenario
8Shipping – The world fleet (under 30 different categories)
8World fleet and order book development

 Offshore wind-related capex will exceed oil & gas by 2024
The growth drivers are
8Increasing electricity usage
8Demand for sustainable energy
8Affordable
8Economic stimulus

8Get to know the economics of high spot LNG prices in Gujarat Gas' price economics
And what is up ahead

Honeywell Automation is a big play in the oil & gas sector
8But it is currently priced too high

There is a lot of bullishness around ammonia-powered ships now
8A fertilizer major joins in too

8Bit by bit, the RIL's offshore gas field development is falling place
8The R-Cluster field, from where gas has started flowing, job has been completed

8While the pandemic hits other sectors badly, there is satisfactory progress in the agriculture sector

8Crucial changes made to the Essential Commodities Act relating to fertilizers

8Agriculture Ministry has signed an MoU with a big company to promote digital agriculture

8IFFCO Kisan is doing some innovative work
8Find out more

8RCF Urea Latest updates