News & Bulletin Updates

8A Chairman and Managing Director vacancy in a hydro power generator has come up
8Anyone who is 45 years or more can apply

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8Central has allocated the power surrendered by Karnataka to Punjab
8Find out more

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8After a record-breaking coal production of 777 million tonnes (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well.

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8ndia’s purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30%, according to two trade sources and data reviewed by Reuters.

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8India’s chemical industry, which is growing at a rate of 9.3 per cent per annum, will attract investments worth Rs 8 lakh crore by 2025
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8An All India First Licence has been granted for Toulene to an Indian company

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8INEOS Acetyls has started a feasibility study into a world scale Acetic Acid plant and derivatives on the USA Gulf Coast and is reviewing several high-quality locations

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8Post Covid-19, an estimated 3,600 MSME units in the chemical sector have closed down in Gujarat, while several others have turned sick
8MSMEs operating in the chemical sector in Gujarat largely deal with dyestuff, paints, fine chemicals and pharmaceuticals

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8The Bihar government has given approval for establishing the Institute of Petrochemical Technology in Patna and sanctioned Rs 84.33 Crores for the purpose

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8The new company has segregated over 2500 metric tons of dry waste so far

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8Tata Chemicals Ltd will host investor meetings from 20th June to 23rd June in Mumbai in a one-on-one format

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8Engineers India said that it had been entrusted by its clients with three separate projects across the diversified sectors of specialized chemicals, sunrise and infrastructure

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8Operating rates at South Korea's naphtha-fed steam crackers were recovering after truck drivers ended an eight-day strike, but remained curbed by poor downstream margins for olefin products

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8Double-digit discounts of propane to naphtha have not lured North Asian petrochemical makers into switching to LPG as an alternate cracker feedstock due to low prices for ethylene, the main yield from cracking LPG

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8Shell and Dow have started up an experimental unit to electrically heat steam cracker furnaces at the Energy Transition Campus in Amsterdam
8This represents a key milestone in the companies’ joint technology programme to electrify steam cracking furnaces, bringing the companies one step closer to decarbonising one of the most carbon-intensive aspects of petrochemical manufacturing

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8In a sign that oil and gas logistics firms are plunging deeper into the chemical business, Enterprise Products has disclosed that it is considering building a $5 billion ethylene cracker on the US Gulf Coast

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8At least one person has died after a fire broke out at a petrochemical complex in Shanghai on Saturday

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8Petrochemical industry sources in Iran have dismissed recent American sanctions imposed on three major petrochemical companies in the country as a “theatrical move” and insist the bans will have no tangible impact on Iran’s growing sales of petrochem products to foreign customers

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8Microplastics were identified in freshly fallen snow samples collected from 19 different sites across the Ross Island region of Antarctica. This finding, which is the first evidence of microplastics in Antarctic snow, adds to the growing body of literature regarding microplastics as a ubiquitous airborne pollutant

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8The Bengal government has finally declared a ban on thin plastic polybags or single-use plastic (SUP) from July 1

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8RIPL’s wide product portfolio of various chemicals and polymers catering to several end-user industries such as plastics, paints, packaging, footwear, etc. along with a strong clientele base reduces its revenue concentration risk

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8Japanese rubber futures were flat as domestic automotive woes and weaker Tokyo stocks outweighed hopes of natural rubber demand recovery in China after Beijing declared an initial success in stemming its latest COVID-19 outbreak

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8The board of Saudi Basic Industries Corporation (Sabic), the Middle East's biggest petrochemicals company, approved a dividend of 6.75 billion Saudi riyals ($1.8bn) for the first half of 2022, as the company continues to post profits amid a market recovery

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8State-owned Qatar Energy will this week announce a petrochemical project, CEO Saad al-Kaabi said on Sunday without providing further details

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8It has introduced a specialized high-density polyethylene (HDPE) resin that can be used to produce recyclable all-polyethylene packaging. The resin technology, which can produce recyclable PE packaging, aims to help customers and brand owners to meet their sustainability goals

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