Assam Gas Cracker Project completes 84%, mechanical completion in July 2013
21 Dec : The Assam Gas Cracker Project, being implemented by Brahmaputra Cracker and Polymer Limited (BCPL) at Lepetkata in Assam, has progressed 84% and would attain mechanical completion in July 2013, according to a BCPL official contacted.
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Insignificant price fluctuations, sluggish conditions continue to prevail in Indian polymer markets
20 Dec : Insignificant
price fluctuations continued to prevail in Indian polymer markets, amid
sluggish trading conditions continuing to prevail.
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PVC demand to remain firm in Indian markets in the near term
20 Dec : Demand for PVC in Indian markets is likely to remain firm in the near term, if raw material buying practices of PVC item manufacturers in the country are considered as potential indications.
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Plastic bags ban shrinks PE demand in Delhi market, indications suggest market demand to strengthen
19 Dec : The prevailing ban on plastic bags by the Delhi government has squeezed demand for PE in the markets of the National Capital, reveals market assessment conducted.
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German plastic packaging company acquires India's Triveni Polymers to expand Asian footprint (Free News)
19 Dec : German plastic packaging major, Gerresheimer AG, is expanding its footprint in the emerging Asian markets by acquiring the majority shareholding of the Indian plastic packaging company, Triveni Polymers Private Limited (TPPL).
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Indian polymer market conditions remain sluggish
18 Dec : There were no improvements in demand conditions in Indian polymer markets, with sluggish demand continuing to prevail.
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Sluggish conditions prevails in Indian PP markets
17 Dec : Market conditions for PP, assessed today in the major polymer markets in India, were sluggish, with prices fluctuating insignificantly from the previous rates.
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MRPL gears up to brand and launch PP of its newly set up plant (Free News)
17 Dec : Mangalore Refinery and Petrochemicals Limited (MRPL) is gearing up to brand and launch its PP, to be produced by its plant, which is in the verge of becoming operational in Mangalore.
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HPL strategies overcoming feedstock shortage by swapping Naphtha and finished polymers with business houses (Free News)
15 Dec : Cash strapped Haldia Petrochemicals Limited (HPL) is implementing a strategy for dealing with its twin problems of inadequacy of financial resources and shortages of Naphtha, the vital feedstock for polymer production.
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Polymer prices undergo lean movements in lethargic polymer markets in India
15 Dec : Demand conditions in Indian polymer markets continued to remain sluggish, without any improvements in buying activities.
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Lethargic conditions remain in Indian polymer markets
14 Dec : Lethargic conditions persisted in Indian polymer markets with traders seeing weak demand conditions.
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Traders in Indian polymer markets continue to see weak demand
13 Dec : Traders in Indian polymer markets continue to see sluggish demand conditions, as buyers are abstaining from bulk buying but purchasing on need basis.
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YNCC's Butadiene plant operating rate goes lower (Free News)
13 Dec : In a communication with a source in South Korea, Yeochun NCC was learnt to be operating its Butadiene plant at a lower rate.
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Lusterless conditions persist in Indian polymer markets
12 Dec : There were no changes in trading conditions in Indian polymer markets compared to yesterday.
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PVC buyers reeling under severe cost pressure in Indian polymer markets, PVC offer price goes up
12 Dec : High PVC prices in Indian polymer markets are putting tough cost pressure on PVC item manufacturers across the country.
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Supply shortages in some polymer markets in India prompt plastic manufacturers replenish their stocks
11 Dec : Supply shortages in some polymer markets in India induced plastic item manufacturers in those cities to replenish their raw material stocks, causing demand in the markets to strengthen moderately.
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Honam runs petrochemical plant at low rate
11 Dec : In a communication with a source in South Korea, Honam Petrochemical Corporation is learnt to be operating its petrochemical plant at Daesan in that country at a low rate.
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PETRONAS selects LyondellBasell's technology for its PP plant in Malaysia (Free News)
11 Dec : Malaysia-based PETRONAS has selected LyondellBasell's Spheripol process technology for its two PP plants, to be set up in Pengerang of that country.
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Sluggish conditions continue in Indian polymer markets, prices move minimally
10 Dec : Market conditions in Indian polymer markets continue to remain sluggish, with traders experiencing less buying activities.
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Indian govt extends Anti Dumping Duty on PVC imports by another year (Free News)
10 Dec : The Government of India has extended the period of imposing Anti Dumping Duty on imports of Suspension Grade PVC from Taiwan, China, Indonesia, Korea, Malaysia, Thailand and USA by another year.
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Indian polymer markets see no improvement in buying sentiments, bearish buying mood continues
8 Dec : Buying activities in Indian polymer markets saw no improvements on the weekend, with bearish buying sentiments continuing to prevail.
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RIL selects Lyondell Basell's technology for its LDPE plant, to be built at Jamnagar
7 Dec : Reliance Industries Limited (RIL) has selected Lyondell Basell's Lupotech T process technology for its LDPE plant, to be built at its existing refinery and petrochemicals complex in Jamnagar of Gujarat.
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Pertamina to set up PP and integrated petrochemical plants in Indonesia (Free News)
6 Dec : Indonesian petrochemical capacity is set to rise in the medium term as the country's largest refiner, Pertamina, is embarking upon strengthening its foot-hold in the petrochemical industry of that country.
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Indian polymer markets see weak demand conditions
5 Dec : Weak demand conditions prevailed in Indian polymer markets, with polymer prices fluctuating minimally.
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Jacobs to provide EPC services for RIL's MEG plant (Free News)
5 Dec : Reliance Industries Limited (RIL) has awarded the task of providing engineering and procurement services for its Mono Ethylene Glycol (MEG) plant, to be set up at its refining and petrochemicals complex in Jamnagar of Gujarat, to the American engineering service provider, Jacobs Engineering Group.
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Braskem awards EPC contract for setting up 300 KTPA LDPE plant (Free News)
5 Dec : Brazilian petrochemical major, Braskem, is expected to commence engineering activities for setting up a 300 kilo tonne per annum (KTPA) LDPE plant in its existing petrochemical complex at Nanchita in Veracruz of Mexico.
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Demand revives slightly in some polymer markets in India
4 Dec : In market conditions ruled by appreciated US Dollar and hiked producer prices, traders in some markets however saw slight improvements in market demand.
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Sekisui Chemical Company to increase its subsidiary's CPVC production capacity by 7,000 TPA (Free News)
4 Dec : Diversified Japanese major, Sekisui Chemical Company Limited, will increase Chlorinated Poly Vinyl Chloride (CPVC) production capacity of its subsidiary by 7,000 tonne per annum (TPA), aimed at catering to the rising demand.
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Sluggish conditions continue to prevail in Indian polymer markets
3 Dec: Sluggish demand continued to prevail in Indian polymer markets, with polymer prices fluctuating moderately from the previous rates.
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RIL's price hikes dampen buying moods in Indian polymer markets
1 Dec : Reliance Industries Limited (RIL) has increased its prices for HDPE, LDPE, LLDPE, PP and PVC, effective from today.
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China Shenhua Coal to Liquid and Chemical Company setting up LDPE plant in China (Free News)
1 Dec : China Shenhua Coal to Liquid and Chemical Company Limited is in the process of setting up a 270 kilo tonne per annum LDPE plant at Xinjiang in China.
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