Gujarat State Fertilizer & Chemicals Limited has put up an outstanding performance in the latest quarterly results
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The company halted operations at the plant in early-November, 2020.
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The international crude oil price of Indian Basket was quoted at around $39.79 per barrel on November 5th, 2020.
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On Thursday, despite stronger upstream crude and naphtha values, propylene prices were quoted to be steady in Asia.
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Ethylene prices have been static in South Korea, Japan, NE Asia, China, South East Asia and NW Europe due to a constant demand trend on Thursday.
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As per sources, acrylonitrile prices today have increased from the previous day indicating a shortage of supply with a growing demand in the domestic market.
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On November 5, 2020, ethanol prices went down in Mumbai Port.
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Grasim Industries Limited has entered into a definite agreement with Lubrizol Advanced Materials to produce CPVC resin,
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A price revision for acetone has been announced at Dahej.
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A price revision for acetic acid has been announced at JNPT.
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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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As of 5th November, 2020, SM prices witnessed a steep rise in Japan/South Korea/Rotterdam.
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Phenol prices have declined in the Asian market owing to soft demand trends.
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PX prices have picked up in the international market. This price rise was triggered by stronger demand trends in the region.
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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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