News & Bulletin Updates

MMA prices were assessed lower in the Kandla market today.

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Butyl acrylate monomer prices have escalated in the Hazira market today.

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8India’s plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat. 

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Petrochem sources reported a significant fall in DOP prices in the Chennai market.

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On August 10, 2022, Petrochem sources confirmed that benzene prices had risen in the vizag market.

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An increase in acetic acid prices has been noted in Kandla today.

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Petrochem sources reported a significant fall in MP diol prices in the Kandla chemical market.

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Petrochem sources from Mumbai have reported a huge rise in acetonitrile prices.

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8Global crude oil prices have corrected by almost 30% from a high of $136 hit on March 07, 2022.

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VAM prices have witnessed a huge fall in the Mumbai market.

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8India's imports from Russia are still massively high than before the invasion of Ukraine, with arrivals not rising above 200,000 bpd in any month last year.

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8Here is an update on the capex plans for hydroelectric projects

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Aug 09, 2022: Capex plans ahead

Get the capex plans for the following
8Synthetic Organic Chemicals –Resin manufacturing unit
8Pesticides & Pesticide Specific Intermediates with increase in production capacity from 1200 TPM to 4350 TPM
8Agrochemicals and Organic intermediates unit
8Chlorinated Fine Chemicals unit
8Resin Manufacturing unit
8Chlorinated Paraffin Plasticizer and Hydrochloric Acid facility
8API & Intermediate Products unit

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Aug 09, 2022: Key market indicators

Get the latest key market indicators for the chemical and petrochemical market in the Asian market for
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol

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8Caustic soda prices have risen in Southeast Asia amid the rise in energy costs and elevated freight rates

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8Worley has been awarded two contracts for a polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plant

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The company was established in 1989 and owns 3 state-of-the-art manufacturing facilities.
8Sportking’s diversified product range includes cotton yarns, blended yarns, and fancy and dyed yarns. The company has a presence in 30-plus countries

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8The expansion program is on due course and will see additional capacity going onstream in batches starting from the second half of 2023 to 2023

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8The certifications were granted to SABIC for 37,800 tons of “blue” ammonia and to Aramco’s wholly-owned refinery for 8,075 tons of “blue” hydrogen

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8The strong topline performance was driven by incremental benefits accruing from the expanded capacity and was supported by continued positive demand across key products

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8The brownfield expansion to introduce a new speciality chemical to aid Barium portfolio diversification is on track and is expected to be commissioned by H1 FY24

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8Get the latest rubber prices for Singapore

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8Indian Chemical Council has signed an MoU with Intel India to improve chemical transportation and logistics news

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8Godrej Process Equipment will invest Rs 300 crore at its facility in Gujarat's Dahej to double revenues from the process equipment arm by FY25

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APL’s main products include MDEA used in the petrochemical industry and at oil refineries, EMEA used in the pharmaceutical industry, and NMMO used as a solvent in the viscose fibre industry.
8These products contribute a majority of the company’s total revenue. APL has a healthy share in these product segments in the domestic market and also caters to reputed companies in the overseas market
8It generates about 40-50% of its overall revenues from exports, mainly to Iran, Turkmenistan, Taiwan and Turkey

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