News & Bulletin Updates

8Netstal, a Swiss machinery manufacturer, has introduced a new option for hybrid injection moulding machines. The retrofittable feature decreases power usage while maintaining at least the same productivity, minimizes CO2 emissions, and pays for itself in a short time.
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8Sumitomo (SHI) Demag China, a Japanese/German machine producer, recently held a groundbreaking ceremony to signal the commencement of construction for its new 4,000 sq m production capacity facility in China.
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8NMDC, a central public sector enterprise hosted an interactive session on GeM Contracts and Management
with a focus on customized bids at its Hyderabad headquarters.
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8Celanese Corporation, a global chemical and speciality materials company, has signed two joint venture (JV) agreements with Mitsui & Co., Ltd. to expand their long-standing strategic cooperation to create food ingredients, as well as to extend the current Fairway Methanol LLC, which manufactures methanol at Celanese's Clear Lake facility, for an indefinite period. The current joint venture terms and ownership have been extended until 2045.
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8Get the latest report.
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8Find out the market value for metals and energy.
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8Get the latest steel company filings here to stay up to date with what is happening.
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8Gallantt Ispatl Ltd.
8Suraj Ltd.
8NMDC Ltd.

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8Find out the latest updates about crude oil, petro-products, and the top importers and exporters.
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8The company sells and distributes high-density polyethene (HDPE), linear low-density polyethene (LLDPE), and polypropylene (PP). Find out how the company is doing and how was its performance on the financial front.
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8The company manufactures PVC pipes and other allied products with an installed capacity of 4,032 tons per annum. Why is it not cooperating with the rating agency? Is the company doing well?
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8The company manufactures billets, TMT bars, and wire rods from its plant located in Madhya Pradesh with a manufacturing capacity of 6,50,000 metric tonnes per annum (MTPA) for billets and 6,00,000 MTPA for TMT bars/ wire rods. The ratings were reaffirmed based on the company's comfortable financial risk profile, which includes a robust cash accrual, conservative capital structure, and good debt coverage indicators.
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8The company has a billet manufacturing unit along with a rolling mill unit with installed capacities of 2,07,360 tonnes per annum (TPA) and 2,49,360 tpa for manufacturing TMT bars in West Bengal. Find out how the company is doing and how was its performance on the financial front.
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8The company has production facilities for billets/blooms and structural steel products with annual production capacities of 200,000 metric tonnes (MT) and 255,000 MT at Chhattisgarh. The company also has a gas plant with an annual production capacity of 900,000 cubic meters (CuM). Why is it not cooperating with the rating agency? Is the company doing well?
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8The company is engaged in the manufacturing of Thermo-Mechanical Treatment (TMT) bars and steel billets with an installed capacity of 90000 MTPA. Find out more about the company’s financial performance.
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8NMDC offers appealing fundamentals, including strong steel demand, no export tariff, and no steel business overhang. Domestic steel demand is increasing due to the government's emphasis on infrastructure development and the openness of the Chinese market. Numerous steel companies are expanding capacity, which we expect will increase demand for iron ore in the coming years.
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8Vedanta Ltd. has received the Kincentric Best Employer Award - India 2022, one of the most prestigious awards in the world. The award is part of Kincentric's comprehensive evaluation, which assesses and acknowledges companies that have altered their people practices to improve business outcomes.
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8Find out more about the pre-bid meeting, and due submission date.
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8Global Refining & Petrochemicals Congress (GRPC) is today one of the premier global forums that
bring together the national, regional & global stakeholders of the industry to deliberate, demonstrate &
collaborate on the downstream industry. The seventh edition of GRPC will emphasize the growth and sustenance of the downstream industry with the market forces that could transform the sector and ways to tackle them. Find out more about the details of the conference.
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8The French multinational corporation, which provides industrial gases and services to a variety of industries, including medical, chemical, and electronic manufacturers, displayed a solid financial performance in FY 2022 despite the challenging business environment, and industrial endeavours with investment values greater than €5 million for large industries and €3 million for other business lines.
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8At an estimated cost of Rs. 321 Cr, CIL Nova Petrochemicals Ltd. is developing its ethanol-producing grain distillery facility in Gujrat, combined with a captive power plant (7.5 MW).
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8With the 2006 Landfill Ban, the tire recycling sector has been pushed to become more effective in recycling tires. Nonetheless, as EuRIC points out, there is still considerable work to be done to increase tire circularity. The topic of the 8th Recyclers' Talk will be this.
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Feb 27, 2023: Tyromer joins TRAC

8Tyromer and its technology have been on TRAC's radar since the organization's commercialization activities began. Tyromer and TRAC will collaborate on tire and rubber recycling, end-of-life tire management, and market development for recycled rubber.
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8Overall demand in the domestic market was weak throughout the quarter, owing mostly to a delay in sowing. Export growth has been strong, with a 39% year-on-year increase in 9MFY23.
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8Overpressurization of the vessel triggered the catastrophe, followed by fire and smoke. The location was Sumitomo Chemical India Ltd.'s multi-product manufacturing factory in Gujarat, which was not functioning at the time.
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An elevated trend is noticed in thiamethoxam prices.

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