8Today, there was a rise in the price of Triethanolamine in the market due to an ongoing shortage of the product

8The price of sodium fluoride has dropped in the Ahmedabad market

8On August  02, 2023, the price of cryolite decreased as a result of inadequate supply and low regional demand in Ahmedabad

8A fall in DOTP prices was recorded in the Delhi chemical market today

8Petrochem sources confirmed that phosphoric acid prices have slipped in the Delhi market

8An increase in paraquat (24%)prices was noted in Ahmedabad today

8On August 02, 2023, the Mancozeb market in Delhi was facing a dramatic price rise due to a shortage in supply

8Delhi’s carbendazim market has experienced an increase in prices due to a combination of tight supply and high demand

8Today, the Mumbai market witnessed an increase in the prices of dry pulp owing to a persistent shortage of the product

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8Pirelli's new board gives the company a new three-year governance set-up, with Andrea Casaluci as CEO and Jiao Jian as chairman

8The company has expanded its portfolio of medical wearables with new technologies that improve patient care and lower production costs

8The General Agriculture Workers Union is appealing to the government to ban the export of raw rubber to save the rubber industry and the jobs of over 50,000 people

8Gasoline prices in Taiwan are to increase by NT$0.5 per litre this week, as global crude oil prices rose last week, the price of premium diesel will decrease by NT$0.1 per litre

8SKC Ltd., a South Korean chemicals maker, is selling its fine ceramic business to focus on new growth sectors such as materials for semiconductors and electric vehicle batteries

8BASF and Huntsman are splitting their joint MDI production in China, with each company taking over one of the MDI plants

8Hyosung Vietnam plans to invest in a carbon fibre factory in Vietnam with a total capital of nearly 1 billion USD which is being supported by the provincial government

8Spanish oil company Repsol will invest more than 120 million euros (USD132.95 million) to retrofit a decades-old diesel plant to produce second-generation biofuels

8Plastic Energy, a London-based SK investment, has developed a unique recycling process that turns used, end-of-life plastic into new, virgin plastic, and is looking to expand its recycling footprint

8Advanced Petrochemical Company increased its share capital through a bonus issue and purchased 1.5 million of its shares for the Employees Share Incentive Program

8I G Petrochemicals Ltd (IGPL) is expanding its production capacity by 53,000 MTPA through brownfield expansion, and commissioning a Diethyl Phthalate plant with a capacity of 8,400 MTPA in 2021

8The company is a leading waste tire recycler in India and globally, using end-of-life tires to create recycled rubber materials and steel abrasives, helping to create a circular economy

8IOCL awarded the contract for PMC to McDermott for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project in India

8This issue of the magazine explores the potential of Libya as a new exploration hotspot, the state of pipeline activity in the Middle East, and how to optimize preventive maintenance and reduce emissions in the downstream sector

8With rising utilisation in industries such as textile, petrochemicals, and construction, Asia is expected to be the leading market for propylene industry capacity additions by 2027