News & Bulletin Updates

Kashvi International Pvt Ltd s a sponge iron producer with a current installed capacity of 90,000 MTPA (3*100 TPD).
The company is in the hands of an experienced promoter.
8But he must be careful of walking into traps

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APL Apollo Tubes Limited (AATL) is the largest ERW pipe/ structural steel tube manufacturer in India. The company operates 10 manufacturing facilities across India with a total installed capacity of 2.65 million tonnes per annum (MTPA).
8The company is doing very well indeed: it has healthy financial risk profile, a sustained healthy operating performance, improved working capital management and de-leveraging of its balance sheet

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Panama Petrochem Ltd is engaged in the business of manufacturing of petroleum derivative products which find application in industries such as cosmetics and pharmaceuticals, inks & coatings, textiles, automobile, power, engineering, and rubber. PPL caters to the demand of reputed and a diversified clientele with includes industry majors such as Hubergroup India Pvt. Ltd (for Inks), Reliance Industries Ltd., Dabur (for cosmetics) and ATC Tyre (for rubber oils) etc. It has been consistently receiving orders from its clients over the past 10 – 15 years and has developed grades of base oils to cater to their specific requirements.
8PPL currently exports in more than 70 countries world over which contributes about 40% of the total sales

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West Bengal based Asansol Alloys Pvt Ltd is engaged in the manufacturing of ferroalloys such as silico manganese and ferro manganese for the iron and steel industry.
8The company installed a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA
8Find out what is really going on

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Manaksia Steels Ltd (MSL) was a dormant company till October 01, 2013 before the demerger of steel division of Manaksia Ltd. (ML) to MSL. MSL is engaged in manufacturing of cold rolled sheets, galvanized plain & corrugated sheets and colour coated sheets. The company has a manufacturing capacity of 84,000 metric tonne per annum (MTPA) for steel cold rolling products, 36,000 MTPA for galvanizing sheets and 24,000 MTPA for colour coating sheets.
8Both both the top and bottom lines remained constrained

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8These assets in North America will complement a global network of specialty amines production plants including those at sites in Germany and China

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8AD code with associated bank account will now required to be registered in the System at only one port

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8iGAS, a subsidiary of CEF SOC Limited (CEF), together with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of Empresa Nacional de Hidrocarbonetos, EP (ENH), announced that they had exercised their pre-emptive rights to acquire a 30% equity interest in the ROMPCO pipeline

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8The event will be held on 29th June via video conferencing

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8The India Chem exhibition aims to showcase the huge potential of the Indian Chemical industry and different industry segments such as. Chemicals, Petrochemical, Agrochemical Industry, Process and machinery

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8Indorama Ventures has signed a license agreement with a leading petroleum and chemical enterprise in China, to build, own and operate a propylene oxide, t-Butanol and t-Butyl methyl ether co-production unit

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PS prices has been announced by Supreme Petrochem Ltd.

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8Maire Tecnimont’s subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately USD 96 million 8These contracts have been granted by international clients in Nigeria, as well in Europe, the Middle East and the Far East

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8Get the latest rubber prices for Singapore

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Nova Agri Tech Ltd is into manufacturing and marketing of soil applications, plant growth promoters and micro and macronutrients.
8The company installed has a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA
8Why does the company continue to remain under the issuer non-cooperating category

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8The equity shares of Dolfin Rubber Ltd which are already listed under BSE SME Platform will now be migrated and admitted to dealings on the Mainboard Platform in the list of B Group

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P.P. Polyplast Pvt Ltd was engaged in the trading of polymers. In the year 2005 the company did a backward integrated into manufacturing by setting up a 4500 MTPA HDPE fabric plant in Kanpur. Later in the year 2008 it expanded and set up another unit for PP fabrics with a manufacturing capacity of 3000 MTPA. Company’s product profile includes HDPE Fabric Laminated, PP fabric, PP Fabric Laminated, HDPE Fabric and PP Woven Sacks as well.
8The company also installed a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA
8But is the company really doing well?

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8Elevated price trend continues for the energy-intensive chemicals and chemical segments using crude derivatives as inputs
8Performance no doubt will be aided by run-up in prices and uptick in activity in end-user segments; however, elevated prices may lead to demand headwinds Credit profiles of most players are likely to be supported by diversification, and manageable leveraging

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TATA Steel’s future investments focused upon
8Pellet capacity to increase from 7 to 13 MTPA
8Iron ore mining to expand from 30 to 60-65 MTPA
82.2 MTPA CRM complex close to commissioning
85 MTPA expansion on track
8NINL acquisition to facilitate rapid growth

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8Re-appointment of Mr. Surendra Reddy Rachervuas the Managing Director of the Company
8Re-appointment of Mr. Varun Kumar Pasham as the Whole-time Director of the Company

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8Michelin announced its plans to transfer all of its Russian business to local management by the year-end. The decision comes after Michelin suspended its activities in Russia on March 15 in response to Moscow's invasion of Ukraine

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8A new Senior Vice President has been appointed for Elkem's Silicones division, a leading global player in fully integrated silicone manufacturing. He will step into the role with immediate effect and be based in Shanghai, China

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8Chinese tire maker Sailun Group has announced plans to build a major tire manufacturing facility some 40km south of Qingdao city

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8The German Rubber Society (DKG) has honoured sponsors and personalities who have contributed to the development of knowledge and technology in the industry during the ongoing German rubber industry event DKT IRC 2021 in Nuremberg

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8Toyo Tire announced that effective August 1 2022, the company will increase the dealer base prices on select passenger car, light truck, and commercial tire patterns by up to 5%. The price increase is a result of continued increases in raw materials and logistics costs

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