According to ChemAnalyst report, “India Polyamide Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”. The demand for Polyamide in India is anticipated to achieve a CAGR of 6.41% on increasing export potential of the major consuming textile industry accompanied by large number of government relief packages and initiatives to stabilize the Indian textil
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According to ChemAnalyst report,” India Styrene Acrylonitrile (SAN) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Type, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”. The demand for SAN is expected to achieve a healthy CAGR of around 6.85 in the forecast period owing to the persistent hike in demand for SAN in manufacturing of electrical and electronic devices in the rapidly expanding Asian electr
According to ChemAnalyst report,” India Ethylene Vinyl Acetate (EVA) Market: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030.” India’s Ethylene Vinyl Acetate (EVA) market is anticipated to grow at a healthy CAGR of 5.25% during the forecast period on account of consistent rise in demand for manufacturing of solar panels impacted by increasing number of initi
Specialty Chemical Industry in India is one of the few industries that has managed to gain in these tough scenarios of outbreak of COVID-19 pandemic. Specialty chemical companies have announced a gain of around 3.5 percent backed by soaring demand and slacked cost of raw materials. Propelling demand for hygiene products has kept stocks of major companies like Galaxy Surfactants and Fine Organics in uptrend. Whereas other specialty chemical companies such as SRF, Aarti Industries and PI Industry
Bulk Chemical and Fertilizer industry in India has come under pressure on declining imports and slacked demand as an outcome of stringent measures like lockdown put up by the government to constrain Coronavirus. Production cut and shutdowns have severely throttled the market sentiments for chemicals in India by leading to a major loss in demand from downstream industries. Moreover, supply chain disruption has also hindered the manufacturing of chemicals as the industries are unable to cater the
According to ChemAnalyst report, “Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030”, the global Acetone market is expected to grow at an astounding CAGR of 9.3% during the forecast period. Principal demand for Acetone is from the solvents industry representing about 30% of the global demand, followed by Methyl Methacrylate (MMA) and
According to ChemAnalyst report, “Global Hydrogen Peroxide Market: Plant Capacity, Production, Demand & Supply, Concentration, Grade, End Use, Sales Channel, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Hydrogen Peroxide market is expected to grow at a healthy CAGR of 5.1% during the forecast period on account of robust rise in demand from Paper and Pulp industry backed by unprecedented surge in Hydrogen Peroxide consumption for manufacturing disinfec
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 of increase in demand for Phenol derivatives from downstream capacity expansions, particularly Bisphenol A (BPA) and Polycarbonate. M
- Indian Oil to Resume Work at Paradip-Hyderabad Pipeline Project
Indian 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 the approval from the concerned authorities, the work resumed with limited manpower and necessary precautions. The project is a
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.
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Major oil producers decided to shut their wells as overwhelming storage facilities pose a major threat. As per the experts in the field, the US shale indu
Chemical manufacturing companies are continuously coming up with concerned initiatives to assist against Coronavirus which is submitting to extreme highs with hopes of abatement. With rising number of cases, the demand for essential chemical feedstock required in the healthcare industry is showing an incredible surge, compelling the indulged companies to scale up the supply. Stressing this issue, WHO has also asked chemical companies to ramp up the production of personal protective equipment mat
International Plant Shutdown NewsInternational Plant Shutdown News
• Exxon Mobil Halts Drilling Operations in Cyprus Energy
Exxon 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 the international petrochemicals market due to plummeting prices of oil. The company has blamed the logistical disruptions and r
Key Headlines
- Oil prices rebound on hopes for a positive outcome during Saudi-Russia meeting
- Asian refiners cut operating rates as demand collapses further
- Exxon to reduce it capital expenditure by 30% to adapt to falling crude
- KNPC announces completion of biofuel project at Al-Ahmadi refinery
- Exolon Group expands production of polycarbonate and polyester sheets
International Plant Shutdown News
- BF Energy to Hold-Up Full Restart at its Refinery After Turnaround
BF Energy Incorporation is purposely holdi
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 the scheduled date of discussion to Thursday that is 9 April. With ongoing crude production, Brent crude further fell to $30.03
International Plant Shutdown NewsInternational Plant Shutdown News
- ABEL 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 influenced by slowdown in international chemical sector that has caused a plunge in demand for the products.
- Saudi Aramco to shut its
Logic is used for processing digital data which controls the operation of electronic systems. It is also used for interchanging and manipulating data in communication devices, computers, and consumer electronics. Digital circuits are developed using small electronic circuits called logic gates which are also used to develop combinational logic. It has applications in digital product including mobile phones, calculators, PCs, tablets, arithmetic logic units, digital watches, computer memory, mult
A chemical plant explosion in Japan on Sunday shows the consequences of poor risk management in a really personal way. The Nippon Shokubai Co. produces a chemical that is a critical link in the supply chain for one-fifth of all the world's diapers. A diaper shortage is expected.
One, where was the risk management program to prevent the explosion? As is always with these things, in the next 6 weeks, evidence of an employee warning their management about conditions that could result in an explosion
