On March 15, 2022, Petrochem sources reported a fall in DEG prices in Ahmedabad.

Domestic market sources reported a rise in Kandla’s MEK prices today.

On March 15, 2022, benzene prices were pushed higher in the Ahmedabad market.

High MIBK prices were recorded in Mumbai today.

Borealis said it has decided to decline the binding offer from EuroChem on 2 February for acquisition of Borealis’ nitrogen business including fertilizer, melamine and technical nitrogen products.
8The transaction was expected to close in the second half of 2022
8Borealis will now consider various options regarding the future of its nitrogen business

8BASF will almost double the production capacity for its synthetic ester base stocks at its site in Jinshan, China
8The investment comes in response to the rising demand for high-performance lubricants in Asia Pacific and further strengthens BASF’s position as a reliable supplier that strongly supports customers’ growth in the region

8BASF has expanded its portfolio of graphitic expandable polystyrene (EPS) granulate
8The product is Neopor F 5 Mcycled which contains 10 per cent recycled material and is suitable for numerousapplications in buildings, particularly facade insulation

8Facing a surge in raw material prices, All India Rubber Industries Association (AIRIA) which primarily represents tiny and micro units has appealed to the government to cut import duty on synthetic rubber

8Toray Plastics finalizes sale of manufacturing plant to Trico Specialty Films

8MOL Group announced that Rossi Biofuel (a joint venture of MOL Group and Envien Group) haveinaugurated a new plant in Komárom, Hungary, which will significantly increase the biofuel productionvolume in the country. With this investment, MOL Group and Envien Group launched a technology inEurope that can boost greenhouse gas savings by more than 85%

8What is the status on Kerala's rubber production
8Cultivation area has remained static, so has rubber production

8Get the latest EXIM data for the period April, 2021-January, 2022 for chemicals

8Here is an invitation to participate in a discussion on various trade related issues in cosmetics, soaps, toiletries and  essential oils

8Ammonia, urea producer Yara halts purchases from sanctions-hit Russian suppliers

8Aramco has taken the Final Investment Decision (FID) to participate in the development of a major integrated refinery and petrochemical complex in Northeast China
8Huajin Aramco Petrochemical Co. (HAPCO), a joint venture (JV) between Aramco, North Huajin Chemical Industries Group Corp., and Panjin Xincheng Industrial Group, will develop the liquids-to-chemicals complex

8Researchers from Japan have manufactured a kind of synthetic rubber which possesses identical tensile strength as natural rubber, with implications for the global rubber industry and the possibility of reducing reliance on this important natural material

8Malaysia's rubber and rubber products exports reached a record high of 71 billion ringgit (about 16.94 billion U.S. dollars) in 2021, increased by 46.3 percent from 48.5 billion ringgit in 2020, as the COVID-19 pandemic spurred the rubber gloves usage, official data showed Friday

8Synthomer plc has seen a 110% year-on-year jump in earnings to £522 million (€621 million) in 2021, greatly boosted by its performance elastomers business unit

Chamunda Plastic Pvt Ltd manufactures HDPE/PP pipe fittings and was later manufacturing all types of fittings and valves.
8And business seems to be picking up

8Official settlement prices for rubber in Singapore

High feedstock prices has hit home now
8An HDPE plant has been shut down
8This information we have received from our petrochemical pricing team

8Despite pressure from the US, the Chinese will be very keen to invest in the oil & gas, and metals projects that have been left behind by various companies boycotting Russia
8China is also unlikely to give up on its efforts to internationalize the yuan too

Project Name: Mundra - Panipat Crude Oil Pipeline (IOC)
8Project Cost: Rs 9,028 Cr
8Get an update here on when RFQs are likely

Project Name: Greenfield LPG Pipeline Project (IOCL)
8Project Cost: Rs 711 Cr
8A lot of work was done on project was eventually shelved, it is an old story but anyways worth revisiting

Project Name: Dahej-Koyali Refinery Captive Natural Gas Pipeline Project
8Project Cost: 315 Cr   
8Get an update here