News & Bulletin Updates

8Expression of interest for supply of ethane
8Hiring of CNG cascade loading facility & odorization unit services
8India urgently expands oil storage amid mounting geopolitical risks
8Industrial PNG consumption surges, CGD sales hit 353,427 mmscmd
8Tanker overturns, 12k litres of petrol, diesel burst into flames
8Cornfield to oil well: Amit Shah says govt to link corn farmers to ethanol factories
8ONGC and Gujarat Govt signed MoU
8Outlets Retailing E20 Fuel Will Cover India By 2025: Hardeep Puri
8OMCs announce additional incentive of Rs 5.79 per litre on maize-based ethanol, hike applicable from Friday
8Indian Gas Exchange trades 26.55 lakh MMBtu in December, down 7% MoM
8India’s ONGC Videsh to get some oil from Venezuela in lieu of $600 mln dividend
8Why sustained tensions in Red Sea can harm India’s crude oil imports
8No talks with state-owned oil retailers on reducing fuel prices: Union Minister
8India’s oil demand growth expected to remain strong in FY24: Analysts
8India signs contracts for ten oil and gas exploration blocks

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8Patent shields both the innovative film itself and its production process, securing a competitive edge in the water-soluble film market

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8Major chemical company begins testing Vietnam's first fully integrated petrochemical complex, aiming to boost domestic production and reduce reliance on imports

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8Huge surface finishing giant acquires rival for its proprietary chemical solutions, expanding its industry offerings

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8The booming Indian petrochemicals industry, projected to reach $100 billion by 2025, aims to become a global hub despite feedstock, technology, and infrastructure challenges

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8Sluggish economic recovery, oversupply woes, and weak automotive demand dampen global ABS outlook for Q1 2024

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8US textile slowdown and global oversupply sent DMS prices tumbling as manufacturers grappled with falling demand and feedstock costs

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8Despite US resilience, European PP prices fell in December due to holidays, cautious trading, and destocking, while Australia's plastic bag ban may alter PP demand dynamics

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Jan 05, 2024: Plant news

8Unplanned shutdown at Hazira PVC plant
8Rabigh restarts solvents after maintenance
8Sanjiang MEG is offline for maintenance
8Exxon halts BD output
8FPCC No.3 cracker poised for comeback
8CPC Corp boosts ethylene production
8FCP reboots the ACN plant to resume operations smoothly
8Hyundai, Shell base oil adjust base oils unit operations
8GS Caltex runs cracker at reduced operational rates

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8Indian petrochemical company seeks ethane suppliers for major expansion, inviting bids for up to 800,000 tons per year on a 15-year contract

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8Despite lower raw material costs, the plasticizer market stabilized on January 3rd, with flat demand, moderate production, and weak price pressures

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8New sulphur burners and domestic refinery expansions are expected to boost India's sulphur demand in 2024, potentially displacing sulphuric acid imports

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8Despite the projected US economic slowdown, ethylene demand may rise slightly in 2024 fueled by new polyethylene capacity and global supply limitations

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8Experts from the rubber sector are asked to submit abstracts for the Spring Technical Meeting on PFAS, EVs, sustainability, and other topics

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8The leading mineral solutions company and distribution giant are expanding their collaboration to provide Eastern Europe's rubber sector with a range of cutting-edge products exclusively

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8A new premium comfort tire from a global tire company provides a long-lasting and pleasantly quiet ride for drivers and passengers, especially in electric cars

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8Automation specialist Electronic Drives and Controls will showcase at ICEC Converting Show 2024, offering expertise in coating and laminating solutions for paper, film, foil, and nonwoven manufacturers

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8While most chemicals in India held steady in December, with crude prices aiding stability
8Chinese dumping and weak global demand pose challenges, making speciality players with robust R&D and value-added products the long-term winners

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8In recent developments in the Indian petrochem sector, the report highlights substantial fluctuations in Pendimethalin 30% E.C  prices, especially in Ahmedabad

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8The price of Phosphorus acid 98.5% (China-made) in the Mumbai imported market experienced a recent adjustment, influenced by diminished regional demand and supply factors

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8In a recent development within the Delhi market, there's notable news for industries relying on Polyvinyl alcohol (GH17r).

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8The price of Hydrogen peroxide has moved in the Ahmedabad domestic market. Due to low regional demand and supply availability, pricing was cut

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8The Ahmedabad Domestic market witnessed a price shift in maleic anhydride today

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8Recent reports from the Indian Petrochem source indicate a notable movement in the prices of Melamine in Delhi

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8In recent days, the Glycerine CP market in Delhi has witnessed fluctuations, with the latest development revealing adjustments in prices

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