News & Bulletin Updates

8Canadian heavy crude’s discount to West Texas Intermediate (WTI) was steady on Monday, the first day of the monthly trading window.

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8LNG carriers Flex Courageous and Flex Resolute will go under charter deals for a minimum of three years each. Each will also have an option for up to four years of extension.

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8Less than two years ago, the energy industry was being advised to get used to the fact that oil and gas prices would be lower for longer because there was so much supply.

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MEG prices in the Mumbai market have registered a sharp fall today.

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Acetic acid prices have significantly moved higher today in Mumbai.

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The international crude oil price of Indian basket was quoted at around $82.68 per barrel on November 02, 2021.

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On November 02, 2021 naphtha prices have been registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

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A major Saudi Arabian producer is heard to have offered its ABS in India.

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A producer from Saudi Arabia is heard to have offered PC in India.

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Nov 02, 2021: MRPL raises PP prices

A revision in PP prices has been anounced by MRPL.

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8Voices are being raised over the safety of the Cauvery delta region, classified as protected special agriculture zone in the wake of Tamil Nadu government’s plan to establish a petrochemical cluster in Nagapattinam
8Some are urging the government to abandon the proposal

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8Investors with $39.2 trillion assets pledge to divest from fossil fuels

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Nov 01, 2021: Project import data

8Project import data for October
8Company-wise, country-wise imports

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8Get the October coal and coke traffic at Indian ports
8Major coal and coke importers for the month
8Originating country-wise coal and coke imports for October

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8Get the latest monthly port-wise container traffic for October, 2021

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8The novel use of recycled plastics to produce fertilizers is now garnering a lot of attention
8Some of these are producing better results than the application of chemical fertilizers, like urea

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8Solvay has posted a massive increase in Q3 sales
8Clearly the post-COVID buoyancy is a big positive for the company

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8The British Plastics Federation is holding a hybrid event
8The subject is recycling plastics
8It will be interesting for some in the Indian industry to attend the event virtually

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8BASF has come out with more varieties of expanded propylene foam

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8The PVC pipe manufacturing business has many players, big and small
8And every category can co-exist, as Milan Pipe Industries Ltd shows the way

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8Are you looking for a national award as a top ranking chemical or petrochemical company?
8Here is how you put in application

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8ONGC Petro additions Ltd (OPaL) has shown a dramatic improvement in prospect

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8Sisco Research Laboratories manufactures general laboratory chemicals and solvents, bio-reagents, bio-chemicals, speciality fine chemicals, nanotechnology products and dehydrated culture media, among other products
8These find application in conducting laboratory research by research institutes as well as various industries such as pharma, plastic, paint, and fast moving consumer goods (FMCG), among others
8The company has three manufacturing units, two in Navi Mumbai and one in Chennai. It has five distribution depots across Mumbai, Hyderabad, Delhi, Chennai and Kolkata for channelising its sale.
8So why is the company not cooperating

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8Better soda ash prices will meant that Tata Chemicals do better going ahead

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Weener Empire Plastics manufactures plastic bottles and caps, mainly for the cosmetic and pharmaceutical industries.
8At present, the company has two factories at Silvassa (Dadra and Nagar Haveli), one at Dehradun (Uttarakhand), and one each at Tarapur (Maharashtra), Baramati (Maharashtra) and Umbergaon (Gujarat).
8The company seems to be doing well, so when it refused to cooperate in getting its debt rated, some eyebrows were raised

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