News & Bulletin Updates

Feb 09, 2016: HDPE offer for India

Saudi Arabia based Saudi Arabia Basic Industries Corporation (SABIC) has announced latest High-Density Polyethylene (HDPE) offer

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As per communication with the trader in Jaipur market, Indianpetrochem gathered information that demand for the Polyvinyl Chlor Read more

Reliance Industries Limited (RIL) has restarted one of its High-Density Polyethylene (HDPE) units, at Gandhar, in Dahej, on February 09, 2016

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Reliance Industries Limited (RIL) has restarted one of its Low Density Polyethylene (LDPE) unit, at Baroda, in Gujarat, on Febr Read more
On February 08, 2016, OPEC Crude basket price was observed downward and settled at $29.00 per barrel as compared to the price o Read more
Taiwan based CPC Corporation is heard to shut its No-6 Aromatic unit, at Kaohsiung, in that country for maintenance turnaround, Read more
LyondellBasell announced the completion of the sale of its wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroke Read more

The International crude oil price of Indian Basket was quoted at around dollar 31.06 per barrel (bbl) on February 8, 2016. Read more

State-owned gas utility GAIL (India) Ltd plans to import ethane from countries such the US for a $5 billion petrochemical pl Read more

The Indian rupee opened lower by 20 paise at 68.14 per dollar on Today versus previous closing of 67.94.

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Indian Oil Corporation (IOC), one of the leading Indian refiners, is eyeing huge growth opportunity in downstream sector and Read more

The economic growth ticked slightly lower in Q3FY16 by 7.3% as compared to 7.4% in Q2FY16. The previous quarter GDP has been re Read more
Taiwan based Formosa Plastic Corporation (FPC) has restarted its both Acrylonitrile (ACN) unit on February 03, 2016, at Mailiao Read more

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS Read more

Feb 08, 2016: MRPL shut its PP unit
Mangalore Refinery and Petrochemical Limited (MRPL) has shut its Polypropylene (PP), at Mangalore in Karnataka, due to some tec Read more
Source- Businessline- Crude oil futures were mixed in early Asian trade on Monday after a meeting between OPEC producers Saudi Read more
Japan based Idemitsu Kosan is heard to shut its Naphtha Cracker, at Tokuyama, in that country, due to maintenance turnaround in Read more
Thailand's PTT Phenol Company (PPCL) added 250,000 mt/year of phenol production capacity late 2015, a company source told TPS o Read more
Taiwan based Oriental Petrochemical (OPTC) has shut its No-1 Purified Terepthalic Acid (PTA), at Taoyuan, in that country, due Read more
Japan based Asahi Kasei is heard to shut its Styrene Monomer (SM) plant permanently , located at Mizushima, in that country. P Read more
The International crude oil price of Indian Basket was quoted at around dollar 31.06 per barrel (bbl) on February 05, 2016. Thi Read more

The Indian rupee declined in the early trade on Today. It opened lower by 21 paise at 67.85 per dollar against 67.64 Friday. Read more

The Lubrizol Corporation, a Berkshire Hathaway company, has opened its chlorinated polyvinyl chloride (CPVC) compounding pla Read more

Skipper Ltd, the Kolkata-based manufacturer of engineering and PVC products, has commenced production of PVC products at its Read more

The International crude oil price of Indian Basket was quoted at around dollar 31.66 per barrel (bbl) on February 4, 2016. T Read more

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