News & Bulletin Updates

DEG prices witnessed a fall in the Hazira market.

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On May 6, 2022, MEK prices moved down in the imported market of Kandla.

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A sharp cut in acetamiprid 97% prices was announced in the Ahmedabad market today.

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Imidacloprid 97% prices were much higher in the Mumbai market today.

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Market sources reported that CNA prices were reduced in Ahmedabad today.

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Petrochem sources reported a rise in Mumbai’s monochloroacetic acid prices today.

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Isobutylene prices registered a fall in the Mumbai market.

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Acetonitrile prices were assessed lower in the Mumbai market today.

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Tight supply coupled with high demand has raised toluene prices in the Mumbai market.

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NBA prices in the Kolkata market registered a fall today.

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IPA prices firmed up in Kolkata in anticipation of tight regional product avails and improved buying sentiments.

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8Dr Mansukh Mandaviya, Union Minister of Health and Family Welfare & Chemicals and Fertilizers chaired a meeting for Department of Chemicals and Petrochemicals to set up a Joint Task Force to explore possibilities of utilize by-products of petroleum and petrochemical industries for producing crucial intermediates for pharmaceutical and agrochemical Industries

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8Both global synthetic and natural rubber prices are on an upward trend, but not all businesses in the industry are confident enough to set higher profit targets for this year

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8CIPL faces product concentration risk compared to the other industry players involved in the agro- chemical industry where most of the players have a diverse product portfolio
8CIPL manufactures intermediates and AIs mostly in the herbicide and fungicide category

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8A custom bid for services has been floated for a marine purchase turnover policy

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8Tyre manufacturers are contemplating further price hikes of about 8-12%,following a rise in raw material and commodity prices due to ongoing political issues, including the Ukraine-Russia crisis

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8This major North American Polystyrene resin producer said this week it was instituting an allocation process on its Polystyrene products, following recent production issues and supply chain challenges

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8Philippine’s largest oill refining company, Petron, reported a net profit than double from a year ago, as sales surged amid greater economic activity

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8Get the latest rubber prices in Singapore

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8Kumho Petrochemical Chairman, Park Chan-koo, is in the hot seat over a forthcoming lawsuit from minority shareholders, while the company is also grappling with falling profitability of its petrochemical business

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8The Board of Executive Directors of BASF has now decided to also wind down the company’s remaining business activities in Russia and Belarus by the beginning of July 2022. Exempt from this decision is business to support food production, as the war risks triggering a global food crisis

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VPPL is engaged in the business of manufacturing of wide range of industrial resins and oils such as alkyd resins, saturated polyester resins, polyester powder resins, etc. which find their application in coating industries for automotive industry, home appliances, industrial machineries, OEM’s and paint industry. VPPL supply their products mainly to paint industry, both in domestic as well as international market.
8Currently the company is circumscribed by moderate growth and profit parameters

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The company is engaged in the manufacturing of recycled polyethylene terephthalate (RPET) by recycling of post-consumer PET bottles, jars etc.
8It caters to the packaging needs of pharmaceuticals, distillery, cosmetic and other manufacturing companies
8In order to meet the specific demands of its customers, it manufactures pet bottles in different colors, shapes and sizes, ranging from 50 ml size to 2 liters size

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8ONGC has just undertaken what could well be its biggest privatization move ever

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8GAIL wants to pick up a stake in an electrolyser company
8Find out how it is going about it

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