News & Bulletin Updates

8Chiripal Textile Mills Private Limited has a 26-million-meter-per-annum (MMPA) fabric weaving plant and is part of the Ahmedabad-based Chiripal Group

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8The Group reported a healthy improvement in performance in FY2022, following a subdued performance in FY2021 owing to pandemic-led disruptions as well as muted demand trends for denim fabric

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8Lummus Technology has announced that its licensed crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil's Project in South Korea

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8Find out the targets for the minimum level of recycling disposal as per guidelines

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8The report outlines the company’s approach to helping reduce greenhouse gas emissions in support of a net-zero future

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8Indian tire maker targets 40% sustainable materials use by end of the decade

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8The company emerges with new capital, a strengthened balance sheet and strong liquidity

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8The chemicals group just recently announced plans to build a 120 ktpa Tafmer facility

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8Steel Dynamics will replace Abiomed in the S&P 500

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8The flagship company of the Karnataka-based Sandur Group is involved in the mining of low-phosphorous manganese and iron ore

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Isobutylene prices moved higher today in the Mumbai chemical market.

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On December 20, 2022 ethylene prices have been reported to be unchanged for South Korea, NE Asia, South East Asia, India, Japan, NW Europe, and the US Gulf due to steady demand patterns in the region.

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Crude oil price in the US Gulf increased to $75.19/barrel (FOB) as compared to $74.29/barrel registering a rise of $0.90/barrel on December 20, 2022.

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On December 20, 2022 naphtha prices have registered a downward movement in Japan while moving up in Europe owing to fluctuation in the markets.

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Petrochem sources reported a significant fall in zinc oxide prices in the Mumbai metal market.

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A cut in POY grade 150D/48F prices in the market of Ahmedabad was noticed on December 20, 2022.

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Petrochem sources, on December 20, 2022 reported a cut in ferro silicon prices in the Delhi market.

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22% nickel sulfate prices were assessed lower in the Mumbai market today.

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On December 20, 2022, Petrochem sources reported a fall in aluminum scrap prices in the Mumbai market.

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Petrochem sources from Mumbai have reported a rise in LDPE (glucose bottle scrap) prices.

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High HDPE (edible can oil) prices were recorded in the Ahmedabad recycled market today.

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HDPE (drum) prices were assessed lower in Mumbai today.

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8According to traders and Refinitiv statistics, Reuters reported on Saturday that India is anticipated to continue to be the world's largest importer of Russian Urals crude oil in December.

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L&T is emerging as a sole bidder now for offshore projects.
8ONGC is worried about it
8But so is L&T

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LNG prices have gone up
8While LNG imports are however down
8So for lower imports we are paying much high

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