Market Flash

The chemical industry in the Arabian Gulf region must embrace the circular economy, which if correctly leveraged can generate huge economic and environmental benefits, said speakers at the 9th GPCA PlastiCon held in Dubai recently.

• GCC
• Environment

Hindustan Petroleum Corporation Ltd. (HPCL) has registered gross sales of Rs. 62,832-crore during Q3 (October-December), FY18 as compared to Rs. 55,471-crore for Q3 FY17. Quarterly Profit after Tax (PAT) increased to Rs. 1,950-crore (Rs. 1590-crore)...

• HPCL
• India

Toyo Engineering Corporation (Japan) has been awarded a contract for a project to construct a large-scale fertilizer complex in Gorakhpur, Uttar Pradesh. This complex will be constructed jointly with Toyo Engineering India Pvt. Ltd...

• Toyo
• Fertilisers

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilizers (DoF) to continue the urea subsidy scheme to 2019-20 at a total estimated cost of Rs. 164,935-crore...

• India
• Fertilisers
• Urea

Depleting cotton stocks with ginners and shortage of quality lint should have triggered buying from spinners but this did not happen bec...

• Pakistan
• Cotton

Reuters reported earlier this month that the government was planning to bring in rules to force sugar mills to export millions of tonnes...

• Sugar
• Export

The original intent was to supply Soma with 1 million tonnes per annum (mta) of LNG from the Pacific NorthWest export project planned fo...

• LNG
• Terminal
• Import

He presented the new IHD series from Romaco Innojet, which was specially designed for pharmaceutical hot melt coating processes and meet...

He presented the new IHD series from Romaco Innojet, which was specially designed for pharmaceutical hot melt coating processes and meet...

• Coatings
• Pharmaceuticals

The fragrance industry was in the spotlight at the recently concluded CSIR-Industry Action Plan for Sustainable Development – INCITE 2018 – event held at CSIR-India Institute of Toxicology Research (IITR), Lucknow.

• Fragrance
• India

The colorants industry, comprising producers of dyes, pigments and their intermediates, is an important part of the chemical industry, particularly in India and China. Products from the industry serve the function of coloration...

• Colorants
• India
• China

Japan and India will work together on the issue of food safety. This was announced at the session on ‘How can we enhance accessibility to Japanese food in India?’ jointly organized by the Confederation of Indian Industry (CII) and JETRO in New Delhi...

• Japan
• India

The import volume in South China accounted for 73% of total volume, with Guangzhou taking the lion’s share of 69%.

The import volume in South China accounted for 73% of total volume, with Guangzhou taking the lion’s share of 69%.

• PC
• Import

Dr. G. Ramakrishnan, President, Chromatographic Society of India (CSI) & Honorary Director, SIES Institute of Chromatography and Spectroscopy, has received the Indian Society of Analytical Scientists (ISAS) Lifetime Achievement Award.

• Awards
• India
• People

The Indian paper industry, the fastest growing in the world, is poised to grow at the rate of 10.6% per annum to touch a size of 25-mt by 2019-20, from 20.37-mt in 2017-18, according to a paper by The Associated Chambers of Commerce and Industry of ...

• Paper
• India
• Report

The Energy Research Institute (TERI), a leading think-tank dedicated to conducting research for sustainable development, organised a two-day ‘Sustainable Buildings R&D Summit’ in Bangalore recently to pave the way for research and innovations...

• Energy
• India

One important obstacle is that there is not a specific standard of the indexes of methanol gasoline and methanol gasoline additives.

• Methanol
• Gasoline

Supporting the innovation of renewable energy and letting it grow till it can compete with traditional sources is a sensible approach, said Mr. Spencer Dale, Group Chief Economist at BP at a recent interaction with journalists in New Delhi...

• India
• Energy

Scientific and environmental departments of the Central government have failed to spend funds allocated to them in 2016-17 and they returned Rs. 7,378-crore – nearly 12 per cent of their total budgetary allocation, the Comptroller and Auditor General.

• CAG
• India