8Swiss chemical firm Clariant has been awarded a major contract by Wanhua Chemical Group to supply catalysts for its new maleic anhydride plant, which will be one of the largest in the world

8A Dutch firm has launched a new, more sustainable version of its flagship bio-based PA with up to 100% bio-based content. Using the maximum possible levels of biomass-waste feedstock, enables the company to halve the carbon footprint of this product line

8Versalis and an Italian recycler have signed a new agreement as part of a project aimed at transforming Versalis’s Porto Marghera industrial site. The Italian company will provide an exclusive license for the plant to recycle post-consumer PS and HDPE

8To grow its operations further in the UK, Belgian plastics firm Ravago has acquired two UK recyclers for an undisclosed sum

8Get the latest rubber prices for Singapore

ECH prices noticed an increase last week due to short supply and high demand for the product. Epichlorohydrin is used in the production of glycerol, plastics, epoxy glues and resins, epoxy diluents and elastomers.
8So what is keeping sentiments up, and what is the projection for the week ahead?

Acetamiprid prices were mostly stable with a slightly downward trend last week due to weak demand. Acetamiprid is a systemic insecticide and is intended to control sucking insects on crops such as leafy vegetables, citrus fruits, grapes and cotton.
8How are prices going to behave going ahead?

Styrene Monomer prices are going down these days.
8The weakness is noticeable
8So find out what our analysts are projecting for next week

Acrylic resin prices are generally moving in a narrow band, down one week and up one week. The same trend is going to continue unless demand picks up or the general overall subdued environment sees an improvement.
8So our projection is a mild upturn next week, nothing significant

There is a general downward trend noticed in unsaturated polyester resin over the month with slight variation this week. 8But beating the general sentiment is not going against the grain
8Though we have a surprise projection of prices that are going to behave in the coming week

The Dichloroethane market showing mixed sentiments in the week starting Jul 13 on account of indifferent demand.
8But we have a projection to make on how prices are going to behave going ahead next week

8The imported Butyl acrylate market is likely to continue seeking direction amid a mixed sentiments in the week starting Jul 13.
8Covestro to resume construction of word–scale Butyl acrylate plant in China
8Find out which directions will this market go next week, according to our projections

The market continues to be dragged down by fundamentals, as prices continue to remain depressed all around, due to fears of a looming recession. Prices have been falling. We expect the negative trend to continue for some more time. However, PBR prices are related to the price of crude, and if crude prices continue to trend upwards, despite lower demand, it will be difficult to keep the price of this material from rising.
8Find out what our price projections are for PBR in the coming week

Toluene prices are on the decline, as projected by us
8As demand is lackluster due to the generally subdued market conditions
8The rainy season means lower usage of paints and thinners as well well as lower demand from the leader industry
8Find out what the price outlook is for the coming week

8We got the forward looking weekly projections right for sulphuric acid right for the last three weeks
8Find out what our projections are of which way prices are going to go next week?

Get here the cotton prices for today
8China Cotton Index : 12-07-2022: 17559 Yuan (Changed: - 105)
8Karachi Cotton Association Spot Rate: 12-07-2022: Pak 16180 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future : 12-07-2022: Oct : 2022 : Rs. 34700 (Changed: -350)
8NYBOT- Cotton Future: 12-07-2022: Oct: 2022 : $ 98.44 (Changed : -4.00)

It looks like Megha Engineering & Infrastructure Ltd is in tussle with with two great contenders in these two refinery tenders
8Both tenders had been cancelled now
8And retendered

8Megha Engineering & Infrastructure is trying to break into never-before territory

O&M for onland rigs is a limited business
8It is a lucrative busienss and few players

8What is the reason behind the delay in the tender opening in CPCL's Nagapattinam project?

8The Amit Shah-run Ministry of Cooperation continues to recruit more people

8For this particular fertilizer-related company, they could not find a suitable director

Effluent Treatment Plant Up-gradation Project
8Cost: Rs 101 Cr.
8Project Event: 40 % of construction work has been completed, The commissioning is likely to be done in January 2023 in place of Nov 2022, due to delay in the construction. All the procurement work has been completed and all the long lead items is been reached the site. Ion-exchange India Ltd is the LSTK contractor.
SSP/GSSP Greenfield Project
8Cost: Rs 15 Cr.
8Project Event: The proposal for the environmental clearance is likely to be submitted in August 2022, RFQ for the local contractor is likely to be released in August 2022, The company is talking with a different local contractor

8Two sulphuric shipment are coming on 14 & 16 July 2022
8One NPK shipment is coming on 20 July 2022
8One ammonium nitrate shipments are coming on 24 July 2022

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