Chennai chemical market traders have confirmed as of 16th September 2020 that the price of chemicals has been uneven in the Chennai market.

Dow today announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million.

BASF has strengthened its portfolio of Industrial and Transportation applications, with the introduction of an optimized Red Phosphorus polyamide grade for the Asian markets.

As of 16th September 2020, the dollar opened at Rs 73.70 which is down from the previous days close.

Reports of persistent constrained product avails supported the price rise.

The company resumed operations at the cracker on September 16th, 2020.

As of 16th September product availability continued to remain tight in Asia.

The company halted operations at the plant on September 13, 2020 owing to technical issues.

The company halted operations at the plant for maintenance in early-September, 2020.

The company halted operations at the plant for maintenance in early-September, 2020.

Aegis has announced a price revision for Toluene as of 16th September 2020.

Hazira has announced a price revision for DEG as of 16th September 2020.

Dahej has announced a price revision for C10 Solvent as of 16th September 2020.

Kandla has announced a price revision for BAM as of 16th September 2020.

GSFC announces price revision for Cyclohexane as of 16th September 2020.

As of 16th September 2020, MEG prices picked up in the International Market.

As of 16th September 2020, last week, despite high upstream costs, benzene prices slipped in the international market.

Para Xylene (PX) prices pick up in the International market as per our analysts.

The company shut the unit owing to shortage of feedstock on September 11, 2020.

The company has undertaken an unplanned shutdown at the plant on September 11, 2020.

The company resumed operations at the unit on September 15, 2020.

Our analysts after talking to various sources in the market have given price predictions for PP, HDPE, LLDPE, LDPE, PVC, and PET for 17th September 2020.

In a bid to control terror fundings through petrochemical sales the US has sanctioned 11 companies for alleged selling and shipping of Iranian petrochemicals.

US methanol prices are expected to remain unchanged this week, as logistical issues transporting methanol in Louisiana in the aftermath of Hurricane Laura are slowly resolved.

The company halted operations at the unit on September 8, 2020.