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Chem Analyst posted a blog post

Shell to Acquire 50 per cent Stake in Nayara Energy’s Petrochemical Project worth 9 Billion USD

With an aim to expand its foothold in the international market, Royal Dutch Shell, a multinational petrochemical company with headquarters in Netherlands is planning to invest in 50 per cent Stake of India’s Nayara Energy Petrochemical Project worth 9 Billion USD. Memorandum of understanding between the two companies was signed in early June as discussed by the board of directors in November and December of last year. Nayara Energy is looking forward to establishing a full stream Ethylene…See More
Aug 13
Chem Analyst posted a blog post

Liquid Chlorine Demand in India to Grow at a CAGR of 6.2% by 2030

According to ChemAnalyst report, “India Liquid Chlorine Market: Plant Capacity, Production, Operating Efficiency, Technology, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, India’s Liquid Chlorine market is anticipated  to grow at a healthy CAGR of 6.2% during the forecast period on account of rising demand for Polyvinyl Chloride (PVC) pipes, electrical wires and tubing from the…See More
Jun 26
Chem Analyst posted blog posts
May 26
Chem Analyst posted a blog post

Global Methanol Market Demand Is Anticipated to Cross 155 Million Tonnes by 2030

According to ChemAnalyst report, “Global Methanol Market: Plant Capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Methanol market is expected to grow at a healthy CAGR of 5.5% during the forecast period on account of increasing demand…See More
May 11
Chem Analyst posted a blog post

Global Phenol Market Demand Is Anticipated to Surpass 15.80 Million Tonnes by 2030

According to ChemAnalyst report, “Global Phenol Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030”, the global Phenol market is expected to grow at a healthy CAGR of 5.5% during the forecast period on account…See More
May 5
Chem Analyst posted a blog post

India Plant Shutdown and Resumptions

Indian Oil to Resume Work at Paradip-Hyderabad Pipeline ProjectIndian Oil Corporation (IOC) Ltd. has resumed work on its prestigious INR 3800 crore, cross-country Paradip-Hyderabad petroproduct pipeline project in Andhra Pradesh and Odisha. The operations restarted recently after the Central government permitted certain relaxations during the nation-wide lockdown. After…See More
Apr 28
Chem Analyst posted a blog post

U.S. Chemical Industry Outlook “Gloomy” As Coronavirus Cases Cross 8.2 Lakh in the Country

As per the recent interim updates by the American Chemistry Council (ACC),  there is significant uncertainty in the projections of the U.S. chemical industry as it analyzes the potential impacts of Covid-19 which has caused indefinite halt in the country’s manufacturing activities and muted trading. ACC projects the world trade to plummet by 10.5% this year as the…See More
Apr 23
Chem Analyst posted a blog post

India’s Petrochemical Sector Eyes on Better Days After Relaxed Lockdown Restrictions

The US oil market plummeted to 18-year lows and below $18 a barrel on Friday following a hike as the demand for oil witnessed a downfall with storage facilities touching their limits. The WTI crude fell to $28 a barrel with anticipations that the stocks may keep filling till May.Visit more info: …See More
Apr 20
Chem Analyst posted blog posts
Apr 16
Chem Analyst posted a blog post

Petrochemical Industry Experiences a Roller Coaster Ride as Further Downside Awaits

International Plant Shutdown NewsInternational Plant Shutdown News• Exxon Mobil Halts Drilling Operations in Cyprus EnergyExxon Mobil, the U.S. based multinational oil and gas company, has announced suspension of its two Cypriot gas drills scheduled for July 2020 till September 2021. The decision was taken in consideration to the pandemic stress and acute volatility in…See More
Apr 14
Chem Analyst posted a blog post

Lingering Logistics and Tumbling Crude are Bringing Austerity to The Chemical Markets

Key HeadlinesOil prices rebound on hopes for a positive outcome during Saudi-Russia meetingAsian refiners cut operating rates as demand collapses furtherExxon to reduce it capital expenditure by 30% to adapt to falling crudeKNPC announces completion of biofuel project at Al-Ahmadi refineryExolon Group expands production of polycarbonate and polyester sheetsInternational…See More
Apr 8
Chem Analyst posted a blog post

Feedstock Industry Witnesses Price Crash as Demand Evaporates Amid Global Pandemic

Global prices of crude oil further nosedived on Monday after Russia and Saudi Arabia delayed a critical meet to discuss over implementing a cut in oil production in order to alleviate oversupply in global market. After the last OPEC meet, the two oil producing giants have aggravated their rifts by indulging in a blame game over the fault in crude crises. Hence, pushing…See More
Apr 7
Chem Analyst posted a blog post

Combating Present Threats in Chemical Industry

On Friday, crude oil observed an astonishing drift after witnessing a much-awaited gains post the U.S. President Donald Trump’s triumphant tweet on Thursday. This fall in oil prices is an indication of market skepticism over the deal to settle Saudi and Russia price war without emphasizing on the oil production scale of U.S. The situation may force the U.S. shale…See More
Apr 4
Chem Analyst posted a blog post

Naphtha Refiners Curb Output Cuts, Waning Demand Hits the Margins

Global crude oil collapsed to its lowest level since 2002, on heightened fears that the shutdowns due to coronavirus spread could last for months and demand outlook for fuel seems negative decline further. On Tuesday, by 10:40 a.m. EDT, Brent futures fell by 9.8 percent to $22.50 per barrel while US West Texas Intermediate (WTI) crude fell by 5.7 percent to USD 20.29. The…See More
Apr 3
Chem Analyst posted a blog post

Global IPA Industry to Benefit from Bullish Market Sentiments

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. The astonishing increase in the IPA prices has been attributed to its skyrocketing demand as a key disinfectant in hand sanitizers and alcohol wipes. CDC has recommended the use of alcohol-based hand sanitizers with more than 60% ethanol or 70% isopropanol…See More
Apr 1
Chem Analyst posted a blog post

What Will Hit the Chemical Sector Most: Covid-19 Or Crude Oil?

International Plant Shutdown NewsInternational Plant Shutdown NewsABEL Chemical goes for indefinite shutdown in its Styrene Monomer PlantABEL Chemicals with an installed capacity of 250 KT Styrene Monomer at Jiangsu, China underwent an indefinite shut down with no prior information on the date for resuming of operations. This temporary shutdown is anticipated to be…See More
Mar 30

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Chem Analyst's Blog

Tata Chemicals Stock Price Rise for Three Consecutive Days, Margins from the Soda Ash Vertical Stepping Up in the Domestic Market

Posted on August 21, 2020 at 7:00pm 0 Comments

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. As per the results, the company’s standalone net profit slid by 47% to Rs. 109 crore in Q1 June 2020 compared with Rs 206 crore in Q1 June 2019. Revenue from the chemical…

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Shell to Acquire 50 per cent Stake in Nayara Energy’s Petrochemical Project worth 9 Billion USD

Posted on August 13, 2020 at 7:44pm 0 Comments

With an aim to expand its foothold in the international market, Royal Dutch Shell, a multinational petrochemical company with headquarters in Netherlands is planning to invest in 50 per cent Stake of India’s Nayara Energy Petrochemical Project worth 9 Billion USD. Memorandum of understanding between the two companies was signed in early June as discussed by the board of directors in November and December of last year. Nayara Energy is looking forward to establishing a full stream Ethylene…

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Surge in Urea Shipments to India Drives the Global Demand, Turns Market Outlook Positive

Posted on August 11, 2020 at 6:30pm 0 Comments

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. Analysts believe that favorable demand and desirable weather conditions have given a strong push to its Urea consumption in the final quarter.

Get more info :…

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India’s IPA and m-Xylene Maintain Price Hikes Buoyed by Prevailing Market Uncertainties

Posted on August 7, 2020 at 6:30pm 0 Comments

With Indian petrochemical importers seeking alternative sources for their cargoes imported from China, prices of certain petrochemicals have recorded new heights in the past few months. Increased interest of the Indian pharmaceuticals and automotive manufacturers towards boycotting heavily imported Chinese raw materials has given a strong push to the profit margins of domestic players as many of them have recorded healthy gains in the prices of certain petrochemicals based on improved…

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