Daily Chemical News Recommendation (May 10, 2018)

ECHEMI will recommend you several daily chemical news. If you want to know more, please go to our News Section.

>> Rising Raw Material Costs to Push up Paint Prices

Paint prices are expected to move up by another 2-3 per cent beginning May primarily on account of rising input cost and crude oil prices. This will be the second price hike this year, the first being in March.

Market leader Asian Paints and Berger (the number two player) both have confirmed that there will be a 2 per cent increase from May 1, according to a report in the Hindu Business Line. [More]

>> Neelikon Bags Export Award from Chemexcil

Neelikon, a leading manufacturer of dyes, pigments and food colours, was recently awarded the prestigious ‘Trishul’ award for outstanding export performance in the year 2016-17 by the Basic Chemicals, Cosmetics & Dyes Export Promotion Council (Chemexcil) set up by the Ministry of Commerce & Industry. [More]