8The plastics processing industry showed signs of recovery in January 2024, with key indicators like production and employment improving, despite some lingering concerns about job skills mismatch

8An Indian capital goods company with a healthy order book and strong financial profile is undergoing a change in ownership, which could impact its creditworthiness

8A chemical company has halted plans to expand its PVC production due to weak market conditions and declining profits

8The Indonesian trade ministry may delay enforcing a mandatory quota for polyethylene and polypropylene imports, potentially impacting regional prices and domestic supply

8Sodium Hypochlorite prices are expected to gradually recover due to supply disruptions and tight credit environment, despite weaker demand from water utilities

8Due to restricted manufacturing, nitrile butadiene rubber prices are likely to grow in Europe, while the Chinese market is still weak despite hopes for a future recovery

8Suppliers must comply with strict safety regulations including proper documentation, personal protective equipment, and vehicle safety measures for material delivery to a refinery complex

8Construction has begun on a $6 bn petrochemical complex that will include the largest ethane cracker

8An Indonesian company received a national award for its implementation of Industry 4.0 technologies, aiming to improve efficiency, productivity, and competitiveness

8In an effort to develop a more circular plastics economy in the US, a chemical business is utilizing recycled plastic trash as a raw material for a variety of goods

8Working with local authorities, this tire company was able to successfully halt the circulation of fake copies of their sports car wheels

8The company experienced headwinds impacting revenue and margins, but completed refinancing, improved cement segment performance, and received increased import allocation and capacity utilization

8A large Indian corporation with a diversified business portfolio recently inaugurated its paint production facilities across the country, aiming to become a major player in the industry within the next three years

8A technology company received a contract to supply equipment for a petrochemical complex in Saudi Arabia

8Through talks, panel discussions, and networking opportunities, industry experts will have the chance to learn and connect at the Latex Conference 2024

8An agricultural chemicals company was recognized for its sustainability efforts by a global organization, highlighting its commitment to environmental, social, and governance practices

8Two companies announce a strategic alliance to commercialize a new solid-liquid separation technology for the energy and mining sectors

8This collection introduces a new sustainable fibre containing 60% recycled materials and 40% responsibly sourced wood pulp

8By 2032, it is projected that the dimethyldichlorosilane market will expand at a CAGR of 4.8%

8To fulfil the increased demand for sustainable products, a chemical business purchased a plastics recycling factory to produce recycled materials from post-consumer waste materials

8Fuel industry representatives expressed concerns about potential supply disruptions and cost increases due to an upcoming environmental regulation change

8A study estimates that adopting a fully circular plastic economy in India by 2030 could generate net benefits of $170 billion compared to maintaining the current system, find out more in the attached report

8A decarbonization technology company experienced significant revenue growth, particularly in its Magnesia and Leilac sectors, despite increasing its investment in research and development

8Polychem begins no.2 MEG unit maintenance
8Sinopec Hainan begins SM plant maintenance
8Sumitomo Chemical to halt adipic acid production
8TotalEnergies declares force majeure on HDPE supplies
8TASCO Chemical to halt MA plant operations
8INEOS Inovyn resumes chlor-alkali supplies from Tavaux
8PetroChina Jinzhou starts IPA plant maintenance
8Chandra Asri reduces cracker run rates
8OUCC shuts down MEG plant for maintenance
8Sinopec SK Wuhan restarts no 3 PP unit
8Long Son Petrochemical declares FM on cracker supplies
8PTTGC to resume operation of PDH unit
8Sinopec SK Wuhan no 2 PP unit planned shutdown

New NPK Train Greenfield Project
8Cost: Rs. 200 crore
8Project Event: The RFQ for the environmental consultant is anticipated to be released in May 2024, and the project team is most likely to be formed in April 2024.
Ammonium Nitrate Greenfield Project
8Cost: Rs. 300 crore
8Project Event: The evaluation process for the LSTK contractor's bid is ongoing and projected to conclude by May 2024.