News & Bulletin Updates

As of 26th September Dahej has announced a price revision for  Caustic Soda Lye  as of 21st September 2020.

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As of 26th September JNPT has announced a price revision for Acetic Acid.

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Acrylonitrile prices picked up in the MED and US Gulf market as of 26th September 2020.

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As of 26th September 2020, Benzene price picked up in the International markets on the back of strong demand trends in the region.

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The company started maintenance at the units by mid-September, 2020.

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The company halted operations at the plant on September 23, 2020 owing to feedstock availability issues.

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The company has planned to shut the plant for maintenance by end-September, 2020.

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The company resumed operations at the unit on September 24, 2020. The unit was shut for maintenance on August 25, 2020.

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Major Indian producer is in plans to bring on-stream its No.2 purified terephthalic acid (PTA) unit following an unplanned outage.

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As of September 23rd, MPL (Manali Petrochemicals), a Chennai-based company and AM International Group’s member announced its final decision to triple the yearly production capacity of PG (Propylene Glycol) to 70,000 MT from 22,000 MT.

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A major International producer has taken its Ethylene-vinyl acetate (EVA) plant off-stream last week.

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As of 26th September 2020, prices of Ethylene picked up on account of continued tight product availability across the Asian regions.

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As of 26th September 2020, Propylene prices picked up in Asia due to tight product availability.

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Sep 25, 2020: Crude Oil overview

As of Sep 25 2020, Crude oil prices went down for Indian Basket, and OPEC while
The price of crude oil went up in  North-West Europe and the US Gulf on Friday.

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Naphtha prices drop down in Japan and Europe

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As of 25th Sep 2020, Ethylene prices have been reported to have dropped down in NW Europe the prices were $665/MT (CIF) and Euro 565/MT registering a down by $10/MT and Euro 70/MT.

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As of 25th September 2020, Dollar opened at Rs 73.75 which is up from the previous close.

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The company is likely to resume operations at the unit by end-September, 2020 following a turnaround.

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The company resumed operations at the plant on September 20, 2020.

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The company has undertaken an unplanned shutdown at the plant on September 24th, 2020.

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PX prices witnessed a rise in Asia on Thursday.

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As on 25th September Hazira has announced a price revision for DEG.

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As of 25th September Vizag has announced a price revision for Benzene.

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As of 25th September Dahej has announced a price revision for Acetone.

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The company has planned to resume operations at the plant by end-September, 2020.

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