News & Bulletin Updates

Robust demand has lifted triethanolamine prices in the Ahmedabad market.

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Robust demand has lifted carbendazim prices in the Ahmedabad market.

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A cut in mancozeb prices was reported in the imported market of Mumbai.

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Petrochem sources reported a significant fall in hexaconazole prices in the Ahmedabad chemical market.

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Chlorpyrifos prices have witnessed a steep fall in the Delhi market.

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Thiamethoxam prices firmed up at Mumbai in anticipation of tight regional product avails and improved buying sentiments.

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A revision in PE prices has been announced by Reliance India Limited.

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8CTCI Corporation stated that it had been granted a section of the Ras Laffan Petrochemicals Project (RLPP) in Qatar, which comprises the ethylene unit and related utilities
8When finished, the ethylene plant will be one of the largest in the world in terms of capacity

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8LANXESS, a specialty chemicals company, and TotalEnergies, a French energy organization, have entered into a partnership to supply biocircular styrene
8TotalEnergies' raw material, unlike traditional styrene, is based on tall oil, obtained from a tree resin, and is a byproduct of pulp manufacture

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8Three internal organizational adjustments have been made, according to the Yokohama Tire Corporation (YTC)
8Learn more about the alterations that have taken place

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8According to Market Research, the worldwide Isobutylene Isoprene Rubber (IIR) market was valued at USD 5901.08 million in 2021 and is predicted to grow at a CAGR of 6.25% during the forecast period, reaching USD 8491.37 million by 2027

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8Solvay announces the move of its headquarters from Neder-over-Heembeek to a new facility in Brussels with high-performance infrastructure, particularly planned and equipped to house the Group's R&I and administration activities

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GNVFCL is a manufacturer of fertilizers, chemicals, petrochemicals, and industrial products as well as providing IT/ITES services
8Find out about the procurement tendering details

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8Get the latest rubber prices for Singapore

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8The spot resin markets were a little sluggish on Tuesday to kick off the new year, but activity picked up during the week. Restrictions on supply, an uptick in attitude, and rising monomer costs, notably PGP, all contributed to the first increase in resin pricing in months

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8Get the most recent information on the textile and apparel industries of India

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8After integrating adjustments proposed by the RoDTEP Committee in connection to apparent mistakes and anomalies in the previously published RoDTEP rates/caps, the updated Appendix is being notified and will be applicable for exports made from 16.01.2023 to 30.09.2023

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8Get the most recent information about the schedule of the exhibitions

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8By 2030, Asia will have added 60% of the world's capacity for the ethylene sector as a result of new construction and development projects between 2022 and 2030

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8The company is far ahead of its competitor with a large manufacturing capacity of 2.6MMT, a diversified portfolio of over 1,500 SKUs, and a huge distribution network of over 800 distributors as of FY22

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8With an unchanged fair value of RM9.94 per share, pegged to an FY23F EV/EBITDA ratio of 8x (at parity with its 2-year average), and a premium of 3% premium for 4-star ESG rating, maintains a recommendable BUY for Petronas Chemicals Group (PChem)

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It is arguably the biggest hydrogen tender in the country
8And bidders are getting frustrated with the delay involved in its processing
8But there is good news around the corner
8There is another tender expected from the owner as well

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What are the latest technological changes in hydrogen production?
8It is a rapidly developing field and choosing the wrong at this juncture can be costly for developers
8Also get a presentation here on what the latest incentives for the hydrogen sector really means

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8This oil & gas company has put price bid opening on hold if some conditions are not met

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Energy Saving-cum- Ammonia-Urea Expansion Project
8Cost: 540 Cr.
8Project Event: The project has been commissioned in November 2022, to implement this project, the plant which produces urea and complex fertilizers was shut down between June- September 2022, Post commissioning, the Ammonia production is set to up by 25 % coupled while per tonne urea production energy consumption will be down by about 10-12 %.
DAP/NPK Fertilizer Greenfield Project
8Cost: 1400 Cr.
8Project Event: The project has elicited approval from the board, The RFQ for PMC as well as the EPC contractor is likely to be released in Q1 2023-2024

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