News & Bulletin Updates

The company has diversified its business in the areas of steel trading and manufacturing of fertilisers and polymers.
8But why is it not cooperating?

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A Brazilian company announced that five manufacturing sites are carbon neutral.
8This achievement supports the company's sustainability agenda, 'Commitment to a Sustainable Future', which includes targets to reduce operational greenhouse gas (GHG) emissions by 40 per cent by 2030

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8For the sixth consecutive year, Dow has received a top score on the Disability Equality Index, the world's most comprehensive benchmarking tool for the Fortune 1000 and Am Law 2001 to measure disability workplace inclusion

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Phase II of a USD 100 million production capacity up-gradation investment has been completed for a speciality tire facility in Sri Lanka.
8With phase II complete, production capacity will be increased by almost 100% from the present capacity, to provide an output of 60 tons per day

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Accord Chemical Corporation is engaged in trading, indenting, distribution, imports, and exports of various petrochemicals.
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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8Continental AG has reported preliminary second-quarter sales of €3.4 billion for its Tires group sector, in-line with consensus estimates

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8We expect to see growth for polyolefin elastomers not only in mobility applications but also in solar cell encapsulant applications

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8Goodyear Tire & Rubber Co. is working to supply lunar vehicle tires as part of a Lockheed Martin programme for the development of a lunar mobility vehicle

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Toyoda Gosei Co. Ltd has announced the opening of a new plant in central China.
8This new 302-employee facility spans 34,000m2, double the size of the previous facility, on a site covering a land area of 60,000m2

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8In the second quarter 2022, Elkem delivered the 7th consecutive quarter with improved EBITDA results, again reaching a new all-time high

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Kraigburg TPE will present itself with a broad portfolio covering every aspect of sustainability at the upcoming K 2022 trade fair held from October 19 to 26 in Düsseldorf.
8Traditionally located at “Rubber Street”, the manufacturer provides issues and solutions involving thermoplastic elastomers (TPEs) as well as an extended service portfolio

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Robust demand has lifted C9 solvent prices in the Mumbai market.

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Jul 21, 2022: Daily import matrices

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8Chemicals
8LNG

8Crude
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Mass-level oil & gas officer recruitment is taking place

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8RIL has put together a modest Rs 100 crore expansion plan

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8A helicopter hiring is taking place

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8Here is a tall promise to produce oil at a quarter of the global price

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Polystyrene sheet prices in the Delhi market have fallen sharply.

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Scrap titanium prices in the Delhi market have fallen sharply.

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Petrochem sources, on July 21, 2022, confirmed a fall in epoxy resin prices in the Mumbai market.

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On July 21, 2022, Petrochem sources reported a fall in MDI prices in the Mumbai chemical market.

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On July 22, 2022, butadiene (BD) prices were reported to be steady in South Korea, South East Asia, Rotterdam due to stable demand patterns in the respective countries.

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On July 21, 2022 PVC prices in the international market remained unaffected, with prices remaining unchanged.

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On July 21, 2022 Naphtha prices were reported to be unchanged for FE Asia and NW Europe due to steady demand patterns in the region.

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The international crude oil price of Indian Basket was quoted at around $106.74 per barrel on July 21, 2022.

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