News & Bulletin Updates

Acrylonitrile prices picked up in the Asia market as of 25th September 2020.

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As of 25th September, SM price rise was attributed to strong demand trends in the region also coupled with high saturation in the market.

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As of 25th Sept 2020, MEG prices were seen to be dropping in the International market.

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The company is currently operating its plant at 100% of its production capacity levels.

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The company resumed operations at the unit on September 17th, 2020.

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

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The company is likely to resume operations at the plant by end-September, 2020.

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The company has scheduled a turnaround at the unit by mid-October, 2020 for a period of around one week.

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Despite stronger upstream energy rates and constrained product availability, ethylene prices remained stable in Asia.

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A major Thai producer has shut its low-density polyethylene (LDPE) unit for a maintenance turnaround

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As of 25th September 2020, IOCL has announced price revisions for PE and PP grades.

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

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On Wednesday, despite high upstream costs and tight product availability, propylene prices were assessed flat in Asia.

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Ethylene prices were assessed steady in Asia on Wednesday, despite high upstream crude and naphtha values.

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Major International producer has taken its Polyethylene terephthalate (PET) unit  off-stream for a maintenance turnaround.

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NOVA Chemicals is reported to have announced an increase in its PE contract prices for the month of October 2020.

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As of 24th September 2020, the dollar opened at Rs 73.82 which is  down  from the previous days close.

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Major International producer plans to take its Linear low density polyethylene (LLDPE) unit off-stream.

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Manali Petrochemicals Limited (MPL) a member of the AM International Group, today announced that it has finalised plans to triple its annual production capacity for Propylene Glycol (PG) from 22,000 MT to 70,000 MT in two phases at an investment of about Rs. 150 crore.

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The company has scheduled maintenance turnaround at the units over the period of second half September to first half October 2020.

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The company resumed operations at the unit in mid-September 2020.

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

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Asia witnessed a sharp decline of PTA prices on 24th September 2020 as informed by our analysts.

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As of 24th September 2020, Phenol prices have declined in Asia owing to soft demand trends in the region.

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The company has planned to halt operations at the plant by mid-October, 2020.

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