Chemanalyst · Newsroom
GAIL to Expand its Foothold in the Petrochemicals, Specialty Chemicals and Renewable Energy Sector
As a part of its revised strategic plan, GAIL Limited is eyeing to expand its foothold in petrochemical, specialty chemicals and renewable energy domains.August 31, 2020
BPCL Resumes Operations on Over 2118 Stalled Projects, a Game Changing Initiative for Future Growth
India’s second largest oil marketing company, Bharat Petroleum Corporation (BPCL), has announced the resumption of around 2118 projects, requiring total expenditure of INR 503000 million in the span of three years.August 27, 2020
Indian Polypropylene Producers Extend Price Stability till August End
Prices of Polypropylene headed towards stability in the Indian market after domestic producers decided to roll over the prices between 19-31 August amid limited room for price movements.August 26, 2020
Asia Mixed Xylene Oversupply Continues to Stress Manufacturers Amid Market Uncertainties
Mixed Xylene supply overhang in countries like China and Taiwan has led to a weakening of their import demand, with majority of the deals stressing on the floating price.August 25, 2020
Tata Chemicals Stock Price Rise for Three Consecutive Days, Margins from the Soda Ash Vertical Stepping Up in the Domestic Market
Tata Chemicals, an Indian global company dealing with chemicals, crop protection and specialty chemical products, recently revealed its financials for the quarter ending June 2020.August 21, 2020
Government Likely to Push Price Margins of Ethanol Bought by Oil Companies
Continuous weakness in the overall revenue made by sugar mills has pressurised government to undertake initiatives to avail rebound in profit bearings at the back of Ethanol production.August 20, 2020
India’s Naphtha Demand Regains Momentum, Records Highest in the Last Four Months
Latest hydrocarbon statistics revealed by Petroleum Planning and Analysis Cell (PPAC) depicted that India’s Naphtha consumption reached four-months high around 1.284 million metric tonne in July.August 19, 2020
Indian Government Extends Anti-Dumping Duty on Chinese and Korean Caustic Soda by 3 Months
Government of India has extended anti-dumping duty on imports of Caustic Soda from China and Korea till November this year.August 18, 2020
NBR Sentiments Surge in India, Demand Rise and Feedstock Lend Support to the Pricing Curve
NBR finds wide range of applications in oil seals, gaskets, hoses, and transmission belts in the automotive industry as well as machineries in the agricultural sector.August 14, 2020
Shell to Acquire 50 per cent Stake in Nayara Energy’s Petrochemical Project worth 9 Billion USD
As per Nayara’s proposal to environmental ministry, the project also includes an aromatic complex with a capacity to produce 10.75 million tonnes petrochemical commodities.August 13, 2020
SRF Ltd. Soars Despite Pandemic Blows, Thanks to the Chemicals and Packaging Films Sector
SRF Ltd., a multi-business entity engaged into manufacturing of Fluorochemicals, specialty chemicals, textiles and packaging films, has recently reported an impressive June quarter.
August 12, 2020
Surge in Urea Shipments to India Drives the Global Demand, Turns Market Outlook Positive
India’s Urea consumption has strongly moved the global market in the final quarter with shipments up by approximately 50 percent from April through July 2020.August 11, 2020
Polyethylene Terephthalate (PET) Resin Imports from China May Face Anti-Dumping Duty
Domestic manufacturers of Polyethylene Terephthalate (PET) Resin have filed an application for imposition of Anti-Dumping Duty on cheaper imports from China.August 10, 2020
India’s Ethylene Demand to Grow at a CAGR of 5.45% by 2030
India’s Ethylene market is anticipated to grow at a healthy CAGR of 5.45% during the forecast periodJune 29, 2020
Global Pyridine Demand to Witness a Healthy CAGR of 4.95% by 2030
Pyridine witnessed a commendable demand in 2019 and is anticipated to achieve an impressive CAGR of 4.95% during the forecast period.June 25, 2020
India’s Naphtha Demand to Grow at a CAGR of 6.25% by 2030
India’s Naphtha demand stood at 20 million tonnes in FY19 and is projected to grow at a CAGR of 6.25% in the forecast period.June 24, 2020
India Wastewater Treatment Chemicals Market to Achieve an Impressive Growth by 2030
India Wastewater Treatment Chemicals market grew at a CAGR of around 7.21% duringJune 19, 2020
India’s Polybutylene Terephthalate (PBT) Demand to Grow at a CAGR of 5.25% by 2030
The demand for Polybutylene Terephthalate (PBT) in India is anticipated to grow at a healthy CAGR of around 5.25% in the forecast periodJune 15, 2020
India Ethanol Demand to Surpass 3.8 Billion Litres by 2021
India Ethanol market grew at a CAGR of around 12.50% during 2015-2019 and is projected to grow aggressively during the forecast periodJune 10, 2020
India Linear Low-Density Polyethylene (LLDPE) Demand to Touch 3.5 Million Tonnes by 2030
India Linear Low-Density Polyethylene (LDPE) market is projected to grow at a CAGR of around 7.1% during the forecast periodJune 5, 2020
India Low-Density Polyethylene (LDPE) Demand to Cross 900 KTPA Mark by 2030
India Low-Density Polyethylene (LDPE) market is projected to grow at a CAGR of 5.52% during the forecast periodJune 2, 2020
India’s Poly Vinyl Chloride (PVC) Demand to Register Robust Growth with CAGR of 6.81% by 2030
The demand for Poly Vinyl Chloride is anticipated to outshine at an impressive CAGR of around 6.81% in the forecast periodJune 1, 2020
India’s Acrylonitrile Butadiene Styrene (ABS) Demand to Grow at a CAGR of 6.45% by 2030
The demand for ABS is expected to achieve a healthy CAGR of 6.45% in the forecast period 2030May 28, 2020
India Specialty Chemical Industry to lose 30000 jobs due to Coronavirus: ChemAnalyst
Specialty chemical companies have announced a gain of around 3.5 percent backed by soaring demand and slacked cost of raw materials.May 28, 2020
India Polymer Industry to Take on Rs. 6400 Cr Losses due to Lockdown: ChemAnalyst
Polymer industry’s revenue loss is capped at INR 6400 cr. and job loss at 95-105 thousand employees.May 27, 2020
India’s Polystyrene Demand is Projected to Achieve a CAGR 5.5% by 2030
India’s Polystyrene market is expected to grow at a healthy CAGR of 5.5% during the forecast period 2030May 26, 2020
India Feedstock, Intermediates & Refined Products Stare at Rs. 72000 Cr Losses Due to Lockdown: ChemAnalyst
The sliding demand made the country’s feedstock players reduce their run rates by almost 40% with some of the players also announcing plant shutdowns.May 26, 2020
India’s Ethylene Oxide Demand to Break Records and Register a CAGR of 4.2% by 2030
Ethylene Oxide demand in India is anticipated to grow at a CAGR of 4.2% during the forecast period 2030May 15, 2020
Global Methanol Market Demand Is Anticipated to Cross 155 Million Tonnes by 2030
Methanol Market is Expected to grow at a CAGR of 5.5% during the forecast period 2030May 11, 2020
Global Iso Propyl Alcohol Market is Expected to Cross 4.9 Million Tonnes by 2030
Iso Propyl Alcohol (IPA) Market is Expected to grow at a CAGR of of 5.75% from 2030May 8, 2020
Global Hydrogen Peroxide Market Expected to Cross 11 Million Tonnes by 2030
Hydrogen Peroxide Market is Expected to grow at a CAGR of 5.1% during the forecast period 2030May 6, 2020
Global Phenol Market Demand Is Anticipated to Surpass 15.80 Million Tonnes by 2030
Phenol witnessed a strong demand in 2019 and is anticipated to achieve an impressive CAGR of 5.5% during the forecast period.May 5, 2020
Chemical Supply Chains Will Undergo A Major Transformation Post Covid-19
By Monday afternoon, West Texas Intermediate for June delivery fell 23%, to trade at $13.07 per barrel, after earlier trading as low as $11.88. Brent crude fell 6.9% to $19.97.April 28, 2020
Industrial Oxygen Manufacturers to Serve the India’s Medical Needs
Market remained optimistic as Kuwait announced that it had started curtailing oil supplies to the international market, much before May 1st when the deal was supposed to take effect.April 24, 2020
U.S. Chemical Industry Outlook “Gloomy” As Coronavirus Cases Cross 8.2 Lakh in the Country
However, analysts eyed on some optimism after Saudi Arabia on Tuesday declared its agreement towards taking extra measures with other middle eastern producers agreeing in consent. The U.S. and other countries also promised to pump less this month.April 23, 2020
A Historic Day in The Oil Industry as Crude Oil Spirals Below $1
As per the industry experts, the contracts usually move in unison. So, today’s trading for the nearby oil contract really would have no impact on the next month’s contract.April 22, 2020
Indian Pharmaceuticals Outshines All Other Sectors amid Rising Misery of Pandemic.
If we look at the current situation of coronavirus crisis, India has been a country of both loss and gains as compared to hardly hit United States, China and Europe.April 17, 2020
Asian Companies Welcoming Gains, Turn Optimistic as the Virus Seems to Depart
Firmer crude as the OPEC+ countries agree for curtailing their refinery outputs, pulled up the prices of feedstock ethylene by almost $15 per MT. Ethylene prices rose to $380/tonne CFR South East Asia.April 15, 2020
Petrochemical Industry Experiences a Roller Coaster Ride as Further Downside Awaits
Butadiene tumbled in Southeast Asia due to bearish buying sentiments backed by high inventories. CFR Prices of Butadiene in Southeast Asia settled at $355/tonne, down by $85/tonne from previous revision.April 14, 2020
Concern Sparks over Panic Procurement of Hydroxychloroquine
The early trade report, Ipca and Cadila witnessed a gain of 6.1 per cent and 8 per cent respectively, thereby, positively affecting their total turnover.April 13, 2020
Specialty Chemical Industry: An investment with the vision of growth
The Energy Information Administration reported a weekly decline of 600,000 bpd in domestic crude production on Wednesday compared to the record value of 12.4 million bpd for the week ended April 3.April 9, 2020
Feedstock Industry Witnesses Price Crash as Demand Evaporates Amid Global Pandemic
European cracker margins plummeted as demand remained subdued. PE April contract price was settled at $778 /tonne, down by a record $215/tonne from March.April 7, 2020
China Struggling to Recover, Vulnerable to Sputtering Economy and Rising Inventories
The efforts made to resolve the price war is of no use until U.S oil production is also examined to stabilize the market in times of concerns over global economic recession.April 4, 2020
Global IPA Industry to Benefit from Bullish Market Sentiments
Isopropyl alcohol (IPA), one of the most demanded chemicals these days, has recorded several weeks hike in its international prices which were heard up to almost double this week.April 1, 2020