News

Ethanol Production in India Likely to Double by November 2021, Targeting a Low Carbon Future

Government of India has provided a deadline of 15 October for sugar mills, to submit the proposals for Ethanol capacity additions in order to benefit from the soft loans scheme announced in the yea... Read More

Oct/2020

DGTR Initiates Rounds of Antidumping Probe Against Major Imported Chemicals after Alleged Dumping Indications by Indian Manufacturers

Following rounds of complaints by several domestic manufacturers, the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is evaluating if there is alleged dump... Read More

Oct/2020

Hengli Petrochemicals Reveals PTA Capacity Expansion Plan worth USD 1.69 Billion

Hengli Petrochemicals, one of the leading companies engaged in the manufacturing of chemical fibres in China, has announced the expansion of its Purified Terephthalic Acid (PTA) plant capacity by 5... Read More

Oct/2020

Government Cuts Natural Gas Prices to a Decade Low, A Move Likely to Ruin Returns for Indian Producers

Natural Gas prices in the country touched a record low after the government on Wednesday induced a ground-breaking cut by 25 per cent making the prices to tumble at USD 1.79. Prices offered to prod... Read More

Oct/2020

Chinese Melamine Under Pressure, Demand Likely to Resurface in October

Melamine market in China has been facing weaker price realisations since the past few weeks. FOB China Melamine prices remained hovering around USD 700-675/MT in September while the market remai... Read More

Sep/2020

Manali Petrochem to Invest INR 150 Crore in Expanding its Propylene Glycol Facility

South India’s small cap petrochemicals company, Manali Petrochemicals Ltd. revealed its capacity expansion plans last week wherein it mentioned to triple its Propylene Glycol capacity from... Read More

Sep/2020