8Covestro AG has announced intentions to develop its largest thermoplastic polyurethanes (TPUs) manufacturing plant in China. Once fully operational, the plant, which will be developed in three phases until 2033, would have a manufacturing capacity of 120 kilotonnes per year (ktpa) of TPUs.
Click details for more.

8Rubber compounders in Europe must search for long-term solutions that are more resistant to unanticipated disruptions since tire makers are having difficulties with materials supply on several fronts. Finding solutions locally is one way of doing this
Click details for more.

8Natural rubber (NR) markets in the Far East have been uneven in recent weeks, with rubber futures pricing usually lower but actual prices rising.
Click details for more.

8The deadline for the Rubber Division, ACS Technical Training, and Scholarship possibilities has been extended to April 1st. The organization also offers three undergraduate scholarships to those interested in pursuing degrees in rubber technology, polymer science, or the chemical sector. Local rubber and business organizations recognize and support the need for financial help for a college education.
Click details for more.

8The Bodo Möller Chemie Group, which has been serving the African market with its own warehouse in Nigeria since last year, is extending its commercial operations there. With its own reliable logistics, the company delivers specialized chemicals from leading producers to large and small clients in the plastics industry, metal pre-treatment sector, and DIY sectors. These chemicals include adhesives, resins, additives, and fillers.
Click details for more.

8Dr. Arup Saha Deuri, the head of materials and compound (R&D) at the BKT Bhuj plant and a famous Indian rubber technologist, passes away due to liver problems on February 17, 2023, at the age of 62.
Click details for more.

8Elkem Silicones has been a platinum sponsor and industry partner in this interactive event for over 40 years. There will be three-panel discussions, as well as talks on the general challenges, opportunities, and future of the industry, as well as the unique AWA Global Release Liner Market Analysis and Real-Time Interactive Industry Survey.
Click details for more.

8The advantages of bio-based elastomers over crude oil-based elastomers are in terms of lower volatile organic compound emissions. The global bio-based elastomers market is expected to be worth $513 million in 2023 and $1,901.8 million by 2033. Over the projection period of 2023 to 2033, the predicted growth rate is about 14%.
Click details for more.

Get the latest steel company filings here in order to stay up to date with what is happening.
The filings are on
8Ester Industries
8JSW Steel
8Anglo Amercian
Click details for more.

Get here the cotton prices for today
8China Cotton Index : 23-02-2023: 15481 Yuan (Changed: -11)
8Karachi Cotton Association Spot Rate: 23-02-2023: Pak 20035 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future-CottonCndy : 23-02-2023: Apr : 2023 : Rs. 63640 (Changed: +440 )
8NYBOT- Cotton Future: 23-02-2023: Mar : 2023 : $ 82.41 (Changed: +0.16)

8Despite low market liquidity and substantial consumer destocking, the company had a good quarter. On a run-rate basis, the value creation strategy has brought about roughly $150 million in cost savings and an additional $40 million in commercial excellence, with a total of $225 million projected by the end of 2023. Revenue of $2.6 billion in 2022 is a record, rising 46% year on year.
Click details for more.

8Despite all the challenges and barriers imposed by outside factors such as US sanctions and the coronavirus epidemic, which has seriously harmed the performance of the world's top manufacturers, Iran has emerged as the ninth-largest producer of steel in the world after generating 2 million and 700 thousand tonnes of steel in the first month of 2023, who has been consistently expanding over the last years.
Click details for more.

8The company, its group, and its subsidiaries operate in more than 90 countries across the oil and gas value chain, including power generation, and other energy-related businesses such as renewable energy and energy services, with revenues exceeding 110 billion USD. Petronas is Malaysia's fully integrated oil and gas (O&G) multinational, amongst one of the FORTUNE Global 500's largest corporations.
Click details for more.

8Kanoria Chemicals & Industries Limited (KCI) is constructing a new Formaldehyde unit at its current Gujarat manufacturing site using cutting-edge Metal Oxide-based technology. This expanded capacity, equipped with better technology, will meet rising demand in various industries throughout the area, as well as in export markets. This investment is targeted at generating resources in line with the company's 'Vision-2030'.
Click details for more

8China generates 60% of the world's methanol production, making it the largest producer in the world. The first hydrogen and methanol refueling service station in China was formally opened by the China Petroleum & Chemical Company (Sinopec), which can create 1,000 kilos of hydrogen per day with a purity of 99.999 percent. Methanol to hydrogen conversion is the best method for producing hydrogen since it is cheaper to store and transport than hydrogen.
Click details for more.

8With two injection moulding machines shipped to the USA, the largest machines ever manufactured at ENGEL’s Austrian facility with a clamping force of 8,000 tonnes apiece, the Austrian injection moulding machine manufacturer established a new record.
Click details for more.

8Get the latest rubber prices for Singapore.
Click details for more.

Petrochem sources reported a significant fall in EPDM grade 960 prices in the Mumbai market.

Acrylic acid prices firmed up at Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

Petrochem sources reported a considerable fall in Isophthalic acid prices in the Delhi chemical market.

Petrochem sources reported a cut in trimethylolpropaneprices in the Ahmedabad chemical market.

Petrochem sources from Mumbai have reported a rise in styrene-acrylic latex prices today.

Manganese sulfate prices were assessed lower in the Mumbai market today.

Silicon metal prices witnessed an increase today.

A  rise was recorded in silicon metal prices in Mumbai.