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
petrochemical (7)
Dwindling demand and decline in crude futures made India’s petrochemical feedstock hover several years low post the pandemic invaded the country. India is largely self-sufficient in naphtha, which is a key feedstock for petrochemical products and bulk polymers. The sliding demand made the country’s feedstock players reduce their run rates by almost 40% with some of the players also announcing plant shutdowns. India imports huge volumes of other feedstock (like LNG, LPG, methanol etc.) and hence
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 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
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
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
