The company undertook an unplanned outage at its plant on October 11, 2020.
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The company halted operations at the plant on October 15, 2020. This is on account of feedstock shortage
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Find out what the company is producing as of now
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The company resumed operations at the plant on October 15, 2020.
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The company is likely to resume operations at the unit by end-October, 2020.
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The price rise was triggered by bullish regional demand trends and tight product avails in the region
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The market size of chemicals and petrochemicals sectors in India is around 165 billion dollars and this is expected to grow to US$ 300 billion by 2025,
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Sinopec-SK Wuhan Petrochemical has shut its linear low density polyethylene (LLDPE) unit, for a turnaround.
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On Thursday, despite stronger upstream energy values, propylene prices were assessed steady in Asia.
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Sinopec-SK Wuhan Petrochemical has undertaken a planned shutdown at its polypropylene (PP) unit in Hubei.
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Around 9 lakh tonnes of assorted chemicals are being imported into India over the next couple of weeks.
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As of 1st October 2020, IOCL has announced price revisions for PE and PP grades.
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As of 15th October 2020, Haldia Petrochemicals has announced price revisions for PE and PP grades.
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JNPT has announced a price revision for acetic acid.
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As reported in our previous analysis, the price of acetic acid has increased today in the Mumbai market and at Kandla port.
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HCL has announced a price revision for acetone.
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Dahej has announced a price revision for chloroform.
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Satyam has announced a price revision for ethyl acetate.
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The price of DEG has been increased by Rs 2/kg with the new basic price of DEG being Rs 38/Kg.
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As per sources BAM prices have continuously increased from last week indicating a shortage of supply with a growing demand of 10%.
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The company is likely to start maintenance at the unit on October 15, 2020.
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Methanol price picked up in some international markets on the back of strong demand trends.
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Phenol prices picked up in China and SE Asia.
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The company, owing to maintenance work, has halted operations at the unit on October 11, 2020
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Shin-Etsu, has issued a force majeure (FM) on supplies of polyvinyl chloride (PVC) from its plant in Pernis.
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