8By 2025, the South Korean RO membrane factory will be expanded

8A bio-based polyether polyol with over 50% bio-based content is achieved by incorporating non-edible castor oil, a sustainable and renewable resource, into the production process

8The plant generates 20% of its electricity needs through solar energy, making it a more sustainable and environmentally friendly operation

8The Union Minister of Textiles reviewed the progress of initiatives for the cotton value chain in Coimbatore and called for cooperation from stakeholders to regain supremacy in cotton

8The Ministry of Textiles has extended the deadline for submitting fresh applications under the PLI scheme for textiles by two months, in response to requests from industry stakeholders

8Deepak Nitrite Ltd.'s Q1FY24 earnings were hit by global destocking of inventory, slowdown in Euro zone, and dumping by China, but the company is expected to recover in the coming quarters due to higher utilization of capacities

8Sabic announced that five of its factories have been certified as meeting BIS quality control criteria, ahead of the implementation of BIS quality controls on PE imports on October 3rd

8ONGC plans to increase its oil and gas production by 11% by 2025-26, which will help India reduce its dependence on oil and gas imports

8In keeping with its commitment to sustainability, Lenzing is upgrading its Indonesian location into a cutting-edge manufacturing plant for specialty viscose fibres with drastically lower emissions

8Equinor acquired a 25% stake in Bayou Bend CCS, a large-scale carbon capture and storage project in Texas, to help decarbonize the US industrial sector

8Bakelite Synthetics is acquiring LRBG Chemicals to expand its product portfolio and customer base, and to accelerate its growth strategy of sustainably delivering innovative solutions to customers

8Tivoli Midstream, a midstream infrastructure company led by industry veterans, acquired NTX, a crude oil pipeline system in the US, with the investment from Intrepid Investment Management

8AGC and MGC are collaborating to produce and sell methanol made from CO2 captured from AGC's architectural glass production, a world-first in carbon recycling

8UPM Raflatac is taking a step towards carbon neutrality by extending the scope of its CarbonNeutral certified labeling materials to cover the entire lifecycle emissions of a label

8Spot resin trading in the US plastics market remained relatively upbeat, with prices holding firmly flat and buyers stocking up for the next 30-60 days

8Get the latest rubber prices for Singapore

8Chandra Asri Petrochemical and Bank Rakyat Indonesia have partnered to provide financing for Chandra Asri's domestic polymer customers, a first-of-its-kind financial solution for the petrochemical industry in Indonesia

8Mitsubishi Chemical: PTA Maintenance
8Petkim: ACN Plant Back Online
8INEOS PTA unit to undergo maintenance
8Delays hit Bluestar Harbin solvents
8IPA production halted at Kellin
8Kawasaki to shut down PA plant
8Nirma to shut LAB plant

8Find out today’s prices for the category Olefin’s product Isobutylene

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8Get the latest prices for Caustic Soda Lye (Bulk) and Caustic Soda Flakes (Intact)

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