News & Bulletin Updates

8Together with an Italian company, an Indian manufacturer of composite materials will construct India's first carbon fibre plant, capable of producing 3,500 metric tonnes of carbon fibre annually

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8A fluctuating-cost agreement is in place for ongoing deliveries to a prominent Saudi Arabian consortium over the forthcoming period

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8A sprawling plastics trade show convenes industry leaders to discover and explore cutting-edge solutions across the entire plastics value chain

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8US Urea Prices Strengthen amidst reviving demand and Short Supply, Asia Witness Major Slump
8DAP Fertilizer Price in Maharashtra 
8Urea Price in West Bengal

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8A leading manufacturer of polymer materials has unveiled a new plant that utilizes an innovative process to produce a broader spectrum of customizable high-performance plastics for diverse industries

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8Supply of compressed biogas (CBG)
8Tender for purchase of petrochemical grade naphtha (PCN)
8Design, engineering, supply, manufacture, fabrication, installation, testing , commissioning of vapour recovery system
8Provision of 50 KL per hr capacity effluent treatment plant with allied works
8Procurement of ETRO base oils
8India’s Reliance refusing Sovcomflot oil shipments after sanctions
8Nayara names Alessandro Des Dorides as new CEO
8Kalpataru Projects International, arms bag orders worth Rs 2,071 crore
8Numaligarh Refinery partnered with Assam Gas Company Limited 
8TAPI gas company CEO satisfied with project’s progress
8Indian Oil dispatches its first packed LPG truck load from Sitarganj bottling unit
8Chennai refinery expansion cost goes up over Rs 3,600 crore
8Indian Oil board approves revised cost, 75% stake in Nagapattinam refinery project JV with CPCL

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8A consortium of Japanese companies acquired a 10% stake in a natural gas project targeting production start in 2026

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8A petrochemical industry association argues a natural gas pricing program significantly boosted the petrochemical sector and its continuation is vital for future investment and economic contributions

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8A government official has been selected for a five-year leadership role at a textile company in Delhi through a central deputation program

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8A joint effort seeks to create a method for producing sustainable ethylene from captured carbon emissions, with the potential to generate jobs and lower emissions in the chemical sector

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8An innovative collaboration transformed ocean plastic waste into a key component for a new line of weather-resistant electrical products

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8A domestic naphtha source is sought by an Indian petrochemical company to mitigate fluctuating shipping costs due to geopolitical unrest

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8Two Japanese chemical companies are considering consolidating their ethylene production facilities to improve competitiveness and reduce environmental impact

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Mar 29, 2024: Plant news

8Sharq restarts operations at no. 1 MEG unit
8Sinopec Jingmen stops PP unit production
8Saudi Yanbu Petrochemical restarts ethylene cracker production
8Ar-Razi shuts down no. 5 methanol unit
8Taekwang Industrial cuts PDH plant capacity
8LG Chem to perform MEG unit maintenance
8Eneos Materials BD unit maintenance scheduled

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8On 29 March 2024, petrochem sources have reported that the Propylene Glycol prices surged in the Ahmedabad market, driven by consistent demand from sectors like food & beverage, pharmaceuticals, and construction

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8On 29 March 2024, Indian petrochem sources reported that the pam price down in Mumbai chemical market

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8The prices of soap noodles in the chemical market of Delhi have once again changed today, experiencing a significant increase

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8CP Grade Glycerine price in Delhi remained stable throughout the month with minimal fluctuations

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8In the Mumbai down market, Diisobutyl phthalate (DIBP) prices have surged notably due to restricted product availability, as reported by sources within Indian Petrochem

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8Recent updates from sources within the Indian Petrochem industry indicate a continuous rise in DINP acid prices in Ahmedabad since February 26, 2024, attributed to a scarcity in product supply

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8Naphtha markets displayed a mixed picture on Thursday, with prices in certain regions experiencing increases while others remained steady

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8A leading technology provider in the petrochemical industry was chosen to license its technology for a new large-scale ethylene complex
8Find out the name of the tech provider

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8Fueled by speculation that major oil producers will maintain their policy of cutting output, crude oil prices rose on Thursday, impacting the global energy market

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8Polypropylene prices in Europe rose due to ongoing supply constraints, while Isomer MX prices increased in Asia on improved buying activity

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8Supply constraints and logistical issues caused polypropylene prices in Europe to rise despite a decrease in the price of propylene feedstock

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