The company's revenue grew by 20% YoY and stood at Rs 1,418.47 crore from Rs 1,181.47 crore in Q1 FY20.
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The company is likely to shut the unit for maintenance next week.
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The company halted operations at the plant in early-November, 2020.
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With effect from November 05, 2020, IOCL has hiked PPHP prices by Re. 0.50/kg basic.
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On November 05, 2020, LG Chem shut its 1.6mmt/year catalytic reforming unit at Yeosu, South Korea,
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Propylene prices were assessed flat in Asia. Product availability was reported to be ample in the region.
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SABIC UK Petrochemicals has declared a force majeure (FM) on supplies of low density polyethylene (LDPE) from its plant in Wilton, UK.
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Ethylene prices were assessed steady in Asia on Wednesday.
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Sinopec Yangzi Petrochemical has taken off-stream its No. 3 polypropylene (PP) unit following a brief maintenance.
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The company is likely to halt operations at the unit by mid-November, 2020.
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International Polymers Co (IPC), is in plans to shut its ethylene vinyl acetate (EVA) plant for a brief maintenance.
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Karpatneftekhim has undertaken a planned shutdown at its high density polyethylene (HDPE) unit.
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A price revision for caustic soda lye has been announced at Dahej.
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A price revision for C10 solvent has been announced at Dahej.
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As per sources BAM prices have increased from last week indicating a shortage of supply with a growing demand in the domestic market.
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A price revision for acetone has been announced at JNPT.
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PX prices have picked up in the Asian market. This price rise was triggered by stronger demand trends in the region.
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Reports of improved regional demand trends and stronger isomers have resulted in benzene prices picking up in the international market.
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Methanol prices picked up in Asian markets on the back of strong demand trends coupled with high saturation in the market.
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Domestic price revisions of Mix Xylene was announced by Reliance Industries Ltd.
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The company is likely to halt operations at the unit by mid-November, 2020.
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We provide the largest number of daily polymer price updates. We have a large team of scouts, journalists, analysts and editors spread all over the country, helping collect and collate polymer prices.
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Get full chemical import data over the next one week, updated up to November 3, 2020. Port-wise, vessel-wise, chemical-wise import data
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