News & Bulletin Updates

8Caustic soda prices have risen in Southeast Asia amid the rise in energy costs and elevated freight rates

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8Worley has been awarded two contracts for a polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plant

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The company was established in 1989 and owns 3 state-of-the-art manufacturing facilities.
8Sportking’s diversified product range includes cotton yarns, blended yarns, and fancy and dyed yarns. The company has a presence in 30-plus countries

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8The expansion program is on due course and will see additional capacity going onstream in batches starting from the second half of 2023 to 2023

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8The certifications were granted to SABIC for 37,800 tons of “blue” ammonia and to Aramco’s wholly-owned refinery for 8,075 tons of “blue” hydrogen

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8The strong topline performance was driven by incremental benefits accruing from the expanded capacity and was supported by continued positive demand across key products

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8The brownfield expansion to introduce a new speciality chemical to aid Barium portfolio diversification is on track and is expected to be commissioned by H1 FY24

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8Get the latest rubber prices for Singapore

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8Indian Chemical Council has signed an MoU with Intel India to improve chemical transportation and logistics news

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8Godrej Process Equipment will invest Rs 300 crore at its facility in Gujarat's Dahej to double revenues from the process equipment arm by FY25

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APL’s main products include MDEA used in the petrochemical industry and at oil refineries, EMEA used in the pharmaceutical industry, and NMMO used as a solvent in the viscose fibre industry.
8These products contribute a majority of the company’s total revenue. APL has a healthy share in these product segments in the domestic market and also caters to reputed companies in the overseas market
8It generates about 40-50% of its overall revenues from exports, mainly to Iran, Turkmenistan, Taiwan and Turkey

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Aug 09, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Weekly Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Get here the cotton prices for today
8China Cotton Index : 08-08-2022: 15629 Yuan (Changed: -59)
8Karachi Cotton Association Spot Rate: 08-08-2022: Pak 17235 (37.324Kg) (Changed : -500)
8MCX - Cotton Future : 08-08-2022: Oct : 2022 : Rs. 39150 ( Changed: +230)
8NYBOT- Cotton Future: 08-08-2022: Oct : 2022 : $ 101.58 (Changed: -0.10)

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8The Union Minister of Steel & Civil Aviation, Shri Jyotiraditya M. Scindia chaired a meeting of the two Advisory Committees formed for Integrated Steel Plants and the Secondary Steel industry

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8The government claims that it has taken various steps toward making raw materials and steel available at reasonable prices

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8SAIL has planned to raise its crude steel production capacity to 35 Million Tonne per annum by 2030-31

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A.N. Wires is engaged in the manufacturing of Galvanized iron (GI) wire, Mild Steel (MS) wire, black annealed wire, stay wire, concertina wire, barbed wire and interlinked chain fencing
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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Direct Reduced Iron ironmaking processes are regarded as a key part of steel making’s lower-emissions future. The ability of DRI to use green hydrogen as a reducing agent, rather than metallurgical coal, means that investment in DRI is expected to expand significantly going forward.
8Steel companies are increasingly seeking to develop technology that uses 100% hydrogen

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8The grapevine has it that Toyo has said "no" to this naphtha to ethylene cracker unit

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8With increase in domestic gas production, emergence of new terminals and higher LNG prices, Petronet LNG is in a bit of a spot these days
8High prices are forcing consumers to seek alternate fuels, and that is biting not just Gujarat Gas, a retail consumer but also PLL

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There are 12 different gas pipelines under construction in the South
8And many have faced local agitations and delays in completion
8Find out what their latest completion dates are

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ONGC is stepping up its deepwater foray
8And more jobs are being handed out
8Meanwhile, Cairn India too has lined up a lot of work

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Aug 09, 2022: Vacancy coming up

8There is a director's vacancy coming up

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Despite the turmoil in the CNG industry, Torrent is keen on the business
8Says it will spend a whopping Rs 11,000 crore

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Russia had pumped in a lot of fertilizers into India
8Find out what how much it is

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