8The two-day summit is from July 21-22, 2022 and the main theme of the event is Driving Sustainable Growth
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8New mineral-reinforced PP compounds are said to deliver excellent aesthetics for visible automotive interior parts with complex geometries
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8A Petrochemicals company has invited tenders from the appointment of an Internal Auditor job in a single stage two bid system comprising of a techno-commercial Bid & Price Bid
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Kothari Petrochemicals Ltd uses raw material input from CPCL and other sources like Reliance Industries Ltd (RIL), it manufactures PIB of varying grades with specific applications in lube oil, paint, PVC, adhesives and rubber industries.
8KPL has an established position in the PIB segment with an annual production capacity of around 36,000 MT as of date
8The company also benefits from decreased competition from domestic competitors due to the constrained availability of raw materials, which adversely impacted their operations
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Tube Turn India Pvt Ltd is engaged in the manufacturing of pipe fittings such as elbows, t-fittings, flanges, caps, butt-weld and socket weld fittings, branched outlet fittings, and screwed forged fittings that are used in oil and gas, power, steel, textiles, and consumer industries across India.
8But why is it not cooperating?
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8Process technology firm and its catalyst partner a Swiss chemical firm have announced the successful start-up of a 900,000 tonnes/year Catofin propane dehydrogenation (PDH) plant in China
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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
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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
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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
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8To grow its operations further in the UK, Belgian plastics firm Ravago has acquired two UK recyclers for an undisclosed sum
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8Get the latest rubber prices for Singapore
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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?
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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?
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Styrene Monomer prices are going down these days.
8The weakness is noticeable
8So find out what our analysts are projecting for next week
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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
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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
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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
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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
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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
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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
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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?
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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)
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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
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8Megha Engineering & Infrastructure is trying to break into never-before territory
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O&M for onland rigs is a limited business
8It is a lucrative busienss and few players
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