News & Bulletin Updates

8The WDK, Germany's rubber industry group, has backed demands for EU authorities to expedite the implementation of regulations governing access to in-vehicle data. In a recent joint statement with a number of German automobile industry organizations, Frankfurt-based WDK said the lengths/delay had placed 'sector-specific' legislation "in danger of failing".
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8Dr Ketan Joshi has been named President of BASF's Intermediates Division in Germany, beginning March 1, 2023. Dr Joshi formerly served as Senior Vice President, of Petrochemicals Asia Pacific, at BASF East Asia Regional Headquarters Ltd. in Hong Kong.
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8A free webinar titled "The ABCs of RDC: Rubber Dispersion Chemicals" will be presented on 30th March. This live event will also feature a novel halogen-free flame retardant that gives compounders a safer and healthier alternative to conventional technologies.
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8India's output and consumption of finished steel both decreased from January to February, and yet the nation continued to be a net importer of steel for the fifth consecutive month. Provisional figures show that production of finished steel decreased by 7.9 per cent on a monthly basis to 9.87 million tonnes in February, but was 2.9 percent higher on an annual basis. Alloyed and non-alloyed steel make up finished steel.
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8An app has been released by the Indian B2B platform OfBusiness to assist small enterprises in obtaining financing and raw materials. With the app, micro, small, and medium-sized businesses (MSMEs) may buy goods, handle orders, follow shipments, and compare rates with suppliers all over India.
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8The market for steel rebar reached a value of more than $198.7 billion. The anticipated market size of about $ 292.75 billion by 2029 indicates that the industry will experience tremendous expansion during the next years.
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8Get the latest steel company filings here in order to stay up to date with what is happening.
 8Shyam Century Ferrous Ltd.
 8Mideast Integrated Steels Ltd
 8Bekaert
 8Eagle Bulk
 8Taparia Tools Limited
 8Jai Balaji Industries Ltd.
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8Japanese rubber futures dipped on Friday as decreasing oil prices discouraged producers from transitioning to natural rubber. A stronger yen made the product more expensive for customers using other currencies.
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8The government's holdings in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company will be sold by the Iran Privatization Organization (PGPIC).
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8Kawasaki refinery is the largest refinery in the ENEOS Group, with one of the highest refining capacities In the country. It also has Japan's largest fluid catalytic cracking unit (FCC) and the nation's only resid hydroconversion unit (H-OiI).
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8The US$6.7 billion Liwa Plastics Industrial Complex (LPIC), which is slated to start production later this year, is one of Oman's integrated global energy corporation, OQ's, most audacious projects to date. The Sultanate will be firmly established on the world petrochemicals map owing to this game-changing initiative will also increase OQ's GDP contribution.
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8The aim is to optimize its next-generation chemical recycling platform and to accelerate the company’s path to commercialization.
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8This acquisition will boost Neogen's portfolio by offering organolithium derivatives to existing pharma and agrochemical industries.
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84000 MT of Liquid Anhydrous Ammonia is needed. The bidders who are interested to participate in the tender can find more information below.
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8Solvay has reached an agreement with its joint venture partner Sibur to sell its 50 per cent ownership in the RusVinyl joint venture for about €430 million. The deal is scheduled to be completed by the end of the first quarter of 2023.
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8Find out who got what in the company's employee shuffling.
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8The greenhouse gas emissions reduction targets of Sun Chemical and its parent company, DIC Corporation, have been validated by the Science Based Targets initiative (SBTi) as being consistent with levels that climate science says are necessary to limit average global warming to well below two degrees Celsius above pre-industrial levels.
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8The industry heavily relies on developed economies such as the US and European Union (EU) markets, and the decline in exports to these regions has been consistent since July 2022.
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8Vietnam is listed among 29 regional logistics and trade hubs of this worldwide programme
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On March 06, 2023, acetamiprid 97% prices were down in the Ahmedabad market.

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8The domestic cotton market was influenced by slight fluctuations in the US dollar and foreign prices. However, the fierce competition between agents for price and the quality of available batches helped to keep the prices stable in the national spot market
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8A leading chemical company has tied up with a nuclear outfit to develop advanced nuclear reactors and fuel technology for clean energy generation
 It will demonstrate the first grid-scale advanced nuclear reactor for an industrial site.
 America.
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8Surteco takes over from Synthomer.
 And this will push group sales to a whopping 1 billion Euroes
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8The textile ministry is organising a week-long celebration in New Delhi to commemorate International Women's Day. This celebration will include master craftspeople, national awardees, and women-founded/led organizations.
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Imidacloprid prices witnessed a massive fall in the Mumbai market today.

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