News & Bulletin Updates

Borealis is strengthening its circular product offering with, a range of sustainable base chemicals.
8The new portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium

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8The company is engaged in the business of manufacturing HDPE containers, plastic drums and barrels which are primarily used in the pharmaceutical, oil and chemical industries
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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8In a new study, reactions employing different monomer ratios were performed, obtaining novel hydroxy carbamate compounds
8Finally, sequential and one-pot experiments were also carried out to synthesize the PHUs polymers in a one-step reaction

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Ketul Chem Pvt Ltd is engaged in the trading of Petrochemicals, Styrene Resins, Chemicals, Polymer Products & solvents and Aroma Chemicals.
8Why is the company not cooperating?

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Repsol has inaugurated a new production line which is intended to manufacture fibreglass-reinforced polypropylene (PP) compounds and will allow for almost a 30% increase in the production of these highly specialized, high-value-added materials, which are in high demand in technical sectors.
8The new line has required an investment of 4.5 million euros

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Accord Chemical Corporation is a partnership firm. It is engaged in trading, indenting, distribution, imports, and exports of various petrochemicals.
8ACC has a diversified product portfolio of chemicals that are used in multifarious industries
8Its products are supplied pan India and abroad
8The firm’s customer base includes reputed names like DOW, Sumitomo Chemical, BPCL India, and Shell
8A diversified customer base along with reputed clients reduces counterparty risk

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8This line of PVDF is a highly non-reactive, semi-crystalline, high purity thermoplastic fluoropolymer with a service temperature of up to 150 degrees Celsius

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PTT Global Chemical America has announced plans for a new plastics recycling facility.
8The new complex will be an enclosed operation to manufacture recycled polyethylene and polyethylene terephthalate, a polymer resin related to polyester commonly used in products such as fabrics for clothing, food containers and resins used in manufacturing and engineering
8The facility will use that substance to make unspecified products

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8There would not be any material impact, as it is a temporary shutdown of the Company's plant and there is sufficient inventory to service the sales orders in hand

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REG is one of the leading methyl ester producers in the United States.
8Their nationwide production and logistics network, plus the most advanced quality control measures in the industry, 8Ensure you’ll receive excellent quality and quantity with minimized delivery costs

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8Many petroleum/chemical applications have hazardous environments due to gas, oil, or dust that could create a combustible atmosphere in and around the machines
8Vibration monitoring of critical assets provides key performance indicators for petrochemical plants worldwide to maintain employee safety and prevent operational downtime

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Decades ago, it used only virgin plastic acquired from petrochemical plants.
8For the company, the discussion that led to a transition away from virgin plastic began in a conference room at its headquarters but the journey wasn't an easy one
8Some had to be convinced the pipe quality wouldn’t suffer
8Today the recycled material in the drainage pipes is indistinguishable from virgin plastic

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8UAE investors have signed memoranda of understanding (MoUs) worth $2.76 billion with the government of Odisha after meeting state chief minister Naveen Patnaik in Dubai
8Patnaik recently concluded an investment roadshow in the city, including an Investor’s Meet, where he met some of UAE’s key business groups to attract foreign direct investment

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8The meeting will be held on 29th July at 2:30 PM via video conferencing

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Lummus Technology has announced the commissioning and startup of a propane dehydrogenation (PDH) unit in China. 8With a capacity of 300 KTA, the unit uses Lummus’ world-class CATOFIN PDH technology to produce propylene

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8An e-tender has been floated for the procurement of 9.75 lakh HDPE Carboys during the period from 01.07.2022 to 30.06.2023. The technical specifications of these Carboys are available

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8A tender has been floated to procure approximately 6,380 MT of Caustic Soda Lye (48%)
8The material is required for production requirements during the period from 01-08-2022 to 31-07-2023
8Furthermore the bidder must be a manufacturer of caustic soda lye for a minimum period of two years

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8OPEC in June did not deliver on an oil output increase pledged under a deal with allies as involuntary declines in Libya and Nigeria offset supply increases by Saudi Arabia and other large producers

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8India has big plans to de-carbonize the steel industry
8But will that be done?

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8Find out what is the extent of the fall

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8The demand is for the steel industry to provide time-bound cuts in emissions

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8A meeting is coming up

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ISMT Ltd. manufactures seamless tubes, alloy and carbon steel rounds and billets.
8It is among the largest specialised seamless tube manufacturers in India
8Find out more on how the company is doing

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Duties on oil products will impact refining companies quite a bit
8Here is an update

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IOCL is constructing the  Paradip-Haldia-Durgapur LPG Pipeline
8Know more about the contracting process here
8There has been a sharp cost escalation too

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