News & Bulletin Updates

Aniline prices in the Ahmedabad market were assessed lower today.

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Petrochem sources reported a massive fall in styrene monomer prices in the Ahmedabad chemical market.

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Octanol prices have escalated in the Kandla market, today.

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Petrochem sources reported a rise in benzene prices at Vizag today.

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MEK prices are demonstrating a robust increase in the Kandla chemical market.

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Petrochem sources reported a significant fall in PAN prices in the Mumbai market.

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Robust demand has lifted toluene prices in the Kandla market.

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An elevated trend is noticed in acetic acid prices.

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Butyl acetate prices have increased in the domestic market of Kandla.

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Acrylonitrile prices in the Kandla market have registered a significant fall today.

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Petrochem sources reported a significant fall in cyclohexanone prices in the Hazira market.

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Petrochem sources reported a significant fall in adipic acid prices in the Ahmedabad market.

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On June 29, 2022, Petrochem sources reported a cut in PBR grade 1220 prices in the domestic market of Mumbai.

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Today, a sharp hike in fipronil 95% prices was announced in the Mumbai market.

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Pymetrozine 97% prices were much higher in the Ahmedabad market today.

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On June 29, 2022, the Kandla market witnessed a rise in butyl cellosolve prices.

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BAM prices were quoted lower in the Hazira chemical market today.

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A gain in dibutyl phthalate prices was noted today in the imported market of Mumbai.

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Get the latest market outlook on
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol

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8The estimated cost of the proposed project is Rs 476 crore
8The total power requirement will go up from 1.6 MW to 4.6 MW

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Ronch Polymers Pvt Ltd is engaged in the manufacturing of water purifiers. The company continues to be the preferred vendor for HUL’s water purifiers. Revenue from HUL constituted 59% of RPPL's turnover in FY21. Moreover, in order to diversify its customer base, the company has added a few new customers in the water purifier segment.
8Although the revenue from these new customers is low presently, it is expected to gradually ramp up

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8Navin Fluorine Advanced Sciences Ltd (NFASL) is a wholly-owned subsidiary of Navin Flourine International Ltd (NFIL). Through NFASL, the parent entity has undertaken various greenfield projects in Gujarat in order to expand its product portfolio. NFASL is setting up three projects to create opportunities for new products in life science and crop science sectors in the fluorochemicals space. It operates through four business verticals namely refrigerants, inorganic fluorides, speciality fluoro-chemicals and CRAMS.
8Recently, it has also added manufacturing of HPP which is a new-age application of fluorine with revenue generation to begin from Q2FY23

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8GACL is the second-largest player in the domestic caustic chlorine industry with integrated operations. It produces a wide range of products, including caustic soda, liquid and gaseous chlorine, hydrogen peroxide, phosphoric acid and aluminium chloride, which find application across a diversified group of industries, including textile, pulp and paper, aluminium, detergents, soaps, rayon, plastics, pharmaceuticals, water treatment, and agricultural chemicals. The company is gaining a significant market leadership position in the caustic soda industry while securing a significant portion of its power requirement (its major cost component) through captive low-cost sources, along with a greater share of value-added products in its sales mix, to consistently earn a high PBILDT margin with greater resilience, despite the impact of the inherent cyclicality in the Chlor-alkali industry and the competition from imports

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HIPL is the largest manufacturer of printing inks in India, and it also manufactures the majority of ink intermediates, adhesives, resins, pigments and flushes in-house at its manufacturing units
8Hubergroup has a history of more than 255 years and is the sixth-largest ink manufacturer in the global market

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8Spectrum, the flagship company of the Surat-based Pratibha Group, is the second-largest manufacturer of dispersed dyes in India which are used in the dyeing and printing of polyester fibre. It manufactures around 175 different shades of dispersed dyes and dye intermediates. The company had undertaken to increase its capacity from 23,400 MTPA to 35,400 MTPA. The operation of the new plant has been stabilized and it has exhibited healthy capacity utilization in the range of 75-80% in the March-May 2022 period which is expected to support its growth in the near term

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