DAP Expansion Project
8Cost: 442 Cr.
8Project Event: Three trains of the DAP Plants were revamped based on engineering by Jacobs, Lakeland (USA) and detailed engineering and procurement assistance contract by Jacobs, Mumbai. The fourth and last train is under revamp & is expected to start in November 2022.
Sulphuric Acid Greenfield Project
8Cost: 200 Cr.
8Project Event: The Company has obtained the environment Clearances in January 2022, RFQ for the technology licensors is likely to be released in Q4 2022-2023

The following midstream updates are available
8Vizag Terminal Project (IOCL)
8Jharsuguda POL Terminal Project
8Augmentation of Paradip-Haldia-Durgapur LPG Pipeline (IOCL)
8Paradip-Somnathpur-Haldia Greenfield Product Pipeline (IOCL)

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8New pollution control order may have an impact eventually on everyone

8There have been some crucial management changes in Coromandel International Ltd

8Here is an interview that everyone must read on the state of the circular economy in Europe
8It is full of all kinds of insights and yet it is short and precis

Samrat Plastic Industries Ltd is a smallish producer of uPVC pipes and fittings.
8Find out how it is doing

8Get Singapore rubber prices here

8Horizon Polymer Engineering Pvt Ltd manufactures corrosion-resistant plastic-lined products, offering the complete range which includes PP, PVDF, PTFE, and PFA lined pipes, fittings, and sight flow indicators

8Tecnimont inaugurates new recycling plant

8Manali Petrochemicals has a very weak quarter

8FICCI awards 45 chemical and petrochemical companies

8The Indian market is worth $380 billion by 2030
Find out more on this

8Know more about what kind of deal was signed

Zeon Corporation is a leader in elastomers and specialty materials.
8Find out what kind of cost pressures it is facing

8Find out more on this

8Main Asian players see a gloomy outlook for the petrochemical industry in the current quarter

8Vardhman Textiles (VTL) (earlier known as Mahavir Spinning) is among few textile companies that have been able to maintain a debt equity ratio below one despite continuous capacity addition

The port traffic for chemicals showed a decline of 24.93% at 7.59 MT for Apr-Sept 2022 as compared to the same period in the previous year.
8The import of chemicals for Apr-Sept 2022 decreased by 25.09% at 5.46 MT as compared to the same period in the previous year
8Similarly for the month of September 2022 the import of chemicals saw a decline of 2.98% at 0.87 MT as compared to Sept 2021

8The ex-factory price of domestic butadiene rubber suppliers is stable as of now in China

UPL Ltd reported a strong revenue growth of 18% YoY, driven primarily by an increase in price realization (up 21% YoY).
8However, volumes declined (down 7% YoY) in 2QFY23, led by rationalization of product mix toward high-margin products
8Except for Europe (+1% YoY), all other key geographies registered a strong sales growth of over 20% YoY

8Dhanuka Agritech (DAGRI) reported a strong set of numbers amid challenges related to adverse weather conditions in the domestic market and volatile RM scenario

8OMV and Wood have signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil technology

8N.D. Plastics is in the business of importing and trading of polymer products like LDPE, LLDPE, HDPE, PVC etc.
As of now, the rating agency has dubbed it as non-cooperative
8Another company which is refusing to meet up with its rating agency is Bhagwati Woven Pvt. Ltd.

Crescent Petrochem Pvt Ltd: is a DCA of RIL for its polymer products, namely high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE) and polypropylene/ polypropylene copolymer (PP/PPCP).
8There has been a steady growth in the company's volume-linked sales commission