8A massive Rs 35,000 crore refinery expansion is coming up ahead

8The plant will comprise a steel melting shop of 2,08,400 TPA and a rolling mill of 2,00,000 TPA

8It might take a while for the unit to achieve stable operations and on- specification output. The unit's start-up was slightly delayed from its earlier plan of late May

Paragon is engaged in the manufacture and trading of footwear since 1975 and holds a dominant position in the ‘Hawai’ slipper segment in India.
8The company saw an improvement in sales to more than Rs. 2000 crore

8The company reported a y-o-y growth in its TOI by 67% during FY22 with an increase in sales volume by 17% driven by higher demand from both tyre and non-tyre segments and higher sales realisation largely driven by the increase in the input prices

8The company manufactures plastic bags, refuse bags, bags on rolls and reprocessed granules
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

8A way forward to insulate India’s domestic fertiliser industry against adverse global events lies in green hydrogen
8Find out how that can happen

8A Chinese tire maker has unveiled a major project to produce functional new materials that will improve the efficiency of tire production within the group

8The plant will manufacture silicone rubber and ready-to-use silicone compounds for electromobility, medical technology and electrical transmission & distribution

8Apollo Tyres has welcomed a move by the Indian ministry of road transport and Highway to tighten rules on tire standards

8Iron ore prices are down on weak signals from China

8New tariff policies have caused a massive sell off in the markets
Find out more

8When will the export tax on steel be withdrawn?

8Domestic steel prices saw a Rs 3,000-5,000 per tonne decline, month-on-month, with primary steelmakers announcing a revision of the flagship hot-rolled coil (HRC) prices
8The revision was made for early to mid-July deliveries

8JSW Steel got in a new board member with international experince

8Jindal Stainless Steel has the advantage of being a leader
8And here is more on how leadership plays out

Rama Steel Tubes Limited (RSTL) is one of the pioneers in the steel tube industry, having a total installed capacity of 2,64,00O MTPA,
8And it has now just taken over a big distributor

8For ISMT Ltd, it has been a long journey
8Find out more

8Find out what the exact plans are

Kalyani Steel is the leading manufacturer of forgings and engineering quality carbon steel
8Find out more on the future plans of the company

8The company had announced a capex of Rs 1,900 crores over FY22 and FY23 towards capacity expansion at Bhuj and expansion in the carbon black capacity. Furthermore, it would also be undertaking modernisation, automation and technology up-gradation at the existing facilities, which is expected to increase the efficiency and productivity of existing facilities. In FY22, around ?1,000 crores of planned capex was concluded, and the balance is expected to be concluded by FY23

8India-based petchem major ONGC Petro additions Limited (OPAL), promoted by Oil and Natural Gas Corporation (ONGC) and co-promoted by GAIL and GSPC has appointed its new managing director from July 2022

The following capex plans have been drawn up
8Capacity expansion of the formaldehyde manufacturing unit
8New formaldehyde manufacturing unit of 200 TPD
8Synthetic organic chemicals (Resin) Manufacturing unit
8Expansion of fertilizer planm
8Manufacture of fine chemicals
8Installation of Wet Fly Ash Dryer
8Greenfield Alumina Refinery 150000 TPA and 2 x 10 MW Captive Cogeneration Power Plant
8Expansion of Iron Ore Pelletizing plant

The steel plant has several advantages like proximity
8Find out what they are

8The company manufactures agrochemical intermediates, technicals and formulations. It is a Government-recognised Export House catering to a large client base across markets like South Africa, the EU, the US, South America, China, Russia, South Korea, Taiwan, Turkey, and Egypt. HIL’s revenues have grown at a healthy CAGR of about 26% in the last five years ended FY2021, backed by its strong position in the pyrethroids market. Going forward, product launches in the export markets, improving capacity utilisation and new capacities will drive HIL’s revenue growth over the medium term