Indian Oil Scales Up Refinery Run Rates as Demand Heads Towards Recovery
Anticipating gradual pickup in demand of its petroleum products, state-owned refiner, Indian Oil Corporation (IOC) has decided to reduce the throughput cuts that it had implemented in the last t... Read More
May/2020DGTR to Extend Anti-Dumping Duties on Caustic Soda and Other Imports from China
Directorate General of Trade Remedies (DGTR) may extend anti-dumping duties (ADD) and safeguards on more than two dozen Chinese goods which include Sodium Citrate, USB flash drives, calculators,... Read More
May/2020SABIC to Cut Expenditure After Second Consecutive Quarterly Loss
Saudi Basic Industrial Corporation announced to suspend all the operations for projects involving major capital expenditure after suffering depreciation in the quarterly revenue for the second c... Read More
May/2020INEOS Sets Up Two More Sanitizer Production Units in the U.S.
British petrochemicals giant, INEOS has built two new hand sanitizer plants in the Unites States in its bid against COVID-19 pandemic. The facilities located in Jacksonville and Neville Island i... Read More
May/2020Chlor-Alkali Production Cuts Would Balance the Caustic Soda Prices, Says Westlake Chemical Corp.
As per the quarterly results of US chlor-alkali giant, Westlake Chemical Corporation, halt in global production and construction activities backed by softened PVC demand, has pressurized the fee... Read More
May/2020Gas Leak at LG Chem Polymer Plant Worsens the Ongoing Stress over Nation’s Health
An astonishing gas leak at LG Chem Polymer Plant in Vishakhapatnam has caused concerns over the lives of 5000 people living in nearby areas. LG Chem is a South Korean polymer company engaged in ... Read More
May/2020