DCM Shriram to Seek Support from IFC for its USD 143 Million Chlor Alkali Brownfield Expansion Plan

India ‘s Chlor Alkali giant DCM Shriram Ltd. has planned to invest around USD 143 million in a brownfield expansion project in Gujarat. The proposed project involves expansion of the compa... Read More


Chennai Petrochemicals Gets a Nod for Setting Up a 9MMTPA Refinery in Tamil Nadu

Ministry of Environment has shown a ‘green flag' to Chennai Petroleum Corporation Ltd.’s (CPCL) project of dismantling its 1 MMTPA Cauvery Basin Refinery to give way to set up a ... Read More


Asian PTA Supply to Lengthen, Prices Struggle to Rebound Against Textile Downfall

Asian Purified Terephthalic Acid (PTA) is moving without any price direction due to mixed fundamentals. Market sentiments for PTA remained hurt amid surplus stocks and macroeconomic fragility. A... Read More


RIL Carves Out Oil-To-Chemicals Business, Welcomes Strategic Investors

On Sunday, Reliance Industries Ltd. highlighted the details of its plan to separate its oil-to-chemicals (O2C) business into a separate entity. According to the plan, RIL’s oil-to-chemical... Read More


Tuticorin Alkali Chemicals Shuts Plant till the End of September

According to the latest notification released by Tuticorin Alkali Chemicals & Fertilizers Ltd., the company’s plant will remain shut till the end of September’20 due to disruptio... Read More


PVC Prices Witness Another Hike, Prevailing Supply-Side Issues Raise Offers

As per the latest revision in domestic Polyvinyl Chloride rates, the prices firmed and continued trending higher by INR 2 per kg, or 2.4%, w.e.f. 1st Sep'20. This is the fifth price hike wit... Read More