Market Flash

This acquisition will strengthen Douglas'position in luxury goods and online retail, and enable Douglas to use its own platform to support the rapid growth of NICHE BEAUTY.

• Douglas

Recently, the trade union of digitized delivery project of ethylene glycol of Hubei Sanning Chemical Co., Ltd. was held in Shanghai.

• Ethylene

Sudarshan Chemicals Company is the world's leading functional pigments manufacturer, currently the fourth largest global production capacity, including organic pigments.

• red
• pigment

OMYA, founded in Switzerland in 1884, is a world leading multinational manufacturer of industrial mineral products, mainly calcium carbonate and dolomite products.

• OMYA
• Calcium

Yesterday, domestic o-phthalic anhydride finishing operation, the trading atmosphere is light. DOP downstream trend upward, phthalic anhydride supply level is not high.

• Phthalic
• anhydride

At the beginning of last week, with the release of the news of manufacturers'suspension of sales in the main production areas of Northwest China, the traders followed the market with a positive mentality.

• Methanol

Yesterday, the domestic phenol market had a low center of gravity and the factory operated steadily. Despite the existence of cost support, the downstream demand was too light.

• Phenol

Yesterday, the domestic DOP market slowly ascended, the new single trading atmosphere was light. And raw material octanol soars, cost support strengthens, the merchants are strong price sentiment.

• DOP

Yesterday, the domestic acetone market continued to be high, port inventory slowly declined, traders did not have contractual pressure at the beginning of the month.

• Acetone

Yesterday, the domestic toluene market was consolidated, the main factory quotations were stable, crude oil prices plunged, but the market buying atmosphere weakened.

• Toluene

Yesterday, the domestic pure benzene market was stable and weak, dragged down by the decline of hydrobenzene and local refining, Sinopec's listed price dropped by 100 CNY/ton.

• Pure
• Benzene

Yesterday, the domestic styrene market shocked and declined slightly in the middle and late of the week. Due to the centralized arrival of imported cargo.

• styrene

Yesterday, domestic toluene market mainly discussed the horizontal plate, crude oil prices rose, the Federal Reserve cut interest rates to boost commodity prices.

• Toluene

Some of the mainland methanol market continued to rise yesterday. At the beginning of the week, after the northwest enterprises reduced their prices and sold smoothly.

• Methanol
• Introduction

Yesterday, domestic o-phthalic anhydride trend rose, business sentiment strong. DOP downstream strong rebound release good, coupled with the increase in raw material benzene.

• Phthalic
• anhydride

Yesterday, the domestic DOP market continued to rise, and the merchants'tender sentiment remained strong. However, on the basis of caution, the new single delivery situation is not good.

• DOP

TVS Motor Company recently launched the country’s first ethanol-based motorcycle – the Apache RTR 200 Fi E100 – priced at Rs. 1.20 lakh (ex-showroom).

• ethanol
• motorcycle

As part of its US$850-mn investment at its Vadinar Refinery towards expansion into petrochemicals, Nayara Energy has licensed Unipol polypropylene (PP) process technology from W.R. Grace & Co. to produce broad range of PP grades from the 20-mtpa refin

• polypropylene

The government is reportedly planning to tighten the Corporate Social Responsibility (CSR) provisions in the company law, virtually making it mandatory for companies to make their CSR spend, failing which they would be penalised.

• CSR
• mandatory

Alok Masterbatches Pvt. Ltd., leading masterbatch producer, was conferred the ‘Golden Peacock Eco-Innovation Award’ for UVNox Mulch – an indigenously developed additive solution which has contributed to increasing efficiency of agricultural practices.

• eco innovation