News & Bulletin Updates

With effect from 15th October, 2020,  major domestic producers have announced price revisions

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The company halted operations at its PS unit on October 8, 2020.

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Satyam has announced a price revision for ethyl acetate.

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JNPT has announced a price revision for acetone.

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Dahej has announced a price revision for chloroform.

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MX prices have declined in the Korea/SE Asia owing to  soft demand trends.

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Methanol price picked up in some international markets on the back of strong demand trends.

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The company has undertaken a planned shutdown at the plant in early-October, 2020.

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The company resumed operations at the plant on October 15, 2020.

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As reported in our previous analysis, the price of Toluene  has increased today in the Mumbai market.

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The company has halted operations at the plant on October 15, 2020, due to technical issues.

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As of 19th October 2020, Isopropyl Alcohol prices have witnessed an increase in Mumbai on the back of strong demand trends in the region coupled with high saturation in the market.

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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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The company has undertaken an unplanned shutdown at the plant on October 13th, 2020.

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Acrylonitrile prices picked up in the US Gulf and MED market.

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The company halted operations at the plant for maintenance on October 13, 2020.

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

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The company resumed operations at the unit on October 12th, 2020.

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Domestic price revision of Toluene has been announced by Reliance Industries Ltd.

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Hyosung Corp has taken off-stream a polypropylene (PP) unit owing to technical issues.

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Major Chinese producer has restarted its Polypropylene plant following an unplanned outage.

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A major Chinese producer has shut its high density polyethylene (HDPE) unit, for a turnaround.

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8This is evident from the pile-up of crude vessels at receiving ports.
8RIL however is witnessing an uptick in crude vessel offloading, with the line-up of vessels waiting coming down a little.
8Meanwhile, RIL is likely to complete the turnaround at its polypropylene (PP) unit and resume operation on November 12, 2020, as reported by our sister site www.indianpetrochem.com. The unit was shut for maintenance in mid-October, 2020. Located at Jamnagar in Gujarat, India, the PP unit has a production capacity of 480,000 mt/year.
8Also, the company's No#1 TPA plant at Hazira with a capacity of 510 KTPA of TPA is undergoing a planned shutdown
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Oct 16, 2020: RIL shuts its PP unit

RIL shuts 480,000 MT/year PP unit, located at Jamnagar in Gujarat

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There is going to be a three week shudown

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