News

Indian Oil Visions to Diversify the Textile Business for Offsetting Future Risks

In an attempt to bounce back from the persisting market uncertainties, Indian Oil Corporation Limited (IOCL) is looking forward to expanding its petrochemical division by integrating it with the... Read More

Sep/2020

IOCL Optimistic Over Significant Fuel Recovery by the First Half of 2021

As per the Chairman of Indian Oil Corporation, the demand for gasoline and gasoil is anticipated to trace pre-lockdown levels by the first half of 2021. Demand for these commodities is pertaining t... Read More

Sep/2020

Asia’s Ethylene Poised for Upward Price Revision Amid Supply Tightness Due to Delayed Start-Ups

Ethylene prices gained in the Asian markets on account of tight product availability due to scheduled plant turnarounds across the region. Persistent manpower shortages, Polyethylene demand slow... Read More

Sep/2020

DGTR’s Recommendation for Anti-Dumping Duty on TDI Likely to Deliver Promising Gains for GNFC

After the analysis of existing trade pattern, Directorate General of Trade and Remedies is likely to raise serious stress on imposing anti-dumping duty on Toluene Diisocyanate (TDI) imports from Ch... Read More

Sep/2020

RCF Extends Support to ‘Atmanirbhar Bharat’ Initiative by Commencing the Production of Methanol

Rashtriya Chemicals and Fertilizers Limited (RCF), the fourth largest manufacturer of fertilizers in the country, has finally begun the production of Methanol from 8 September 2020 in Trombay Plant... Read More

Sep/2020

Fertilizer Ministry Grants INR 1257 Crore Interest-Free Loan to Revive Three Gas Based Urea Units

The Chemicals and Fertilizers Ministry on Tuesday took an important step towards boosting India’s domestic Urea production and curtailing its dependency on imports. The ministry provided I... Read More

Sep/2020