News & Bulletin Updates

8This company is one of the largest producers of steel wires in the country
8And it has even more ambitious plans ahead

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Deva Drill Tech is a 100% export-oriented unit which manufactures speciality chemicals.
The company currently manufactures a whole range of speciality chemicals required in different facets of the crude oil industry, i.e. drilling, cementation, workover, production and transportation of oil and gas and has a manufacturing capacity of 15,000 MTPA.
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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8A small sized Synthetic Organic Chemical Manufacturing Unit with a capacity of 90 MTPM is coming up

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8Some question marks are raised

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NFCL has two Urea plants of a capacity of 2,300 MT per day each. Besides manufacturing, NFCL is also involved in the trading of Urea, Specialty Fertilizers and Agri inputs.
8One unit however is shut, and the company currently wants to maintain a low profile

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8The Centre did not prepare enough to provide people with alternatives and shift manufacturing units to green options before banning single-use plastic and the curb cannot be imposed forcibly

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8The company will increase its dividend from last year's comparable payment

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8India is expected to become the 3 largest construction markets in the world
8The infrastructure sector and its continuous development has become a key focus area for the government momentum

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Jul 18, 2022: Drowning in plastic?

In March, the United Nations Environmental Assembly endorsed a global pact on the life cycle of plastic.
8It has been declared a seismic shift in the battle against marine pollution, but what will happen to the oceans before those potential positive effects come?

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8A tender has been floated for the procurement of 500 MT of pentane for an LLDPE/HDPE unit. The requirement is for a period of one year on an ARC basis

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A tender has been floated for the procurement of 100 TMT of Petrochemical Grade Naphtha for a period of 1 year.
8The bidding will take place in an open tender format

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8Indian textile industry can expect a boost in apparel and textile exports to Russia and other countries in the region as International North-South Transport Corridor (INSTC) will connect Moscow to Mumbai through multi-mode transportation facilities

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8Engineers India Limited on behalf of their client will be holding a pre-tender meeting for a licensor evaluation job for a PP unit with a capacity of 500 KTPA

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There are four major problems.
8One of which is the chemical industry, and those who incorporate toxic chemicals into products, are not held to account for the hazardous chemical impacts to communities, workers, wildlife and planetary ecosystems

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The company is one of the largest manufacturers of Phthalic Anhydride in the world.
8It has state-of-the-art and fully integrated manufacturing facilities for the production of PA, MA, Benzoic Acid and DEP at a single location which provides economies of scale and benefits in terms of cost-effectiveness to the company

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8The new director has come in

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8The new Splitter will enable the production of more high-value and differentiated grades of PU

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8Vietnam releases around 19,000 tons of plastic waste a day. In some sea regions, for every three parts of fish netted by fishing activities, there is one part of plastic waste that comes with them

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8Get the latest rubber prices for Singapore

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8A Chinese Chemical Group has awarded Clariant a significant contract to supply catalysts for its new maleic anhydride plant, which will be one of the largest in the world

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8Sulzer is investing £1 million to expand and upgrade the Ellon facility, creating an advanced rotating equipment service centre with the capability to overhaul electric motors, pumps, gearboxes and turbocompressors under one roof

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Get the weekly price forecasts for
8EPDM
8Carbon black

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Total Crude imports lined up is over 7 MMTPA
8It is the normal import inventory of around 7 MMTPA that is usually lined up
8Where is this crude coming from?
8Get the full as of today evening data here

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81.2 million cubic metres of LNG imports coming in within the next few days
8Petronet has three cargoes lined up

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India imports a wide variety of chemicals.
8From paraxylene to acetic acid to benzene to butadiene to methanol to sulphuric acid to hexane to base oil to caustic soda to styrene monomer to ethanol
8And as of today evening we are tracking 0.97 million MT of chemical imports

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