Speaking at APIC 2023, the Minister for Chemicals & Fertilizers said the PLI (Production Linked Incentive) scheme for chemicals is also being planned for strategic chemicals
Destocking in polymer industry is likely to impact volumes in H1FY24, and prices may drop as the company passes lower raw material prices
India’s agrochemicals export has doubled in the last 6 years from US$ 2.6 bn in 2017-18 to $5.4 bn in 2022 -23
New herbicide technology is set to be a game-changer for millions of rice farmers
PCBL’s carbon black volumes benefited from the decelerating impact of destocking
Honeywell plant has reached peak utilisation, but provides 20% debottlenecking opportunity, which can materialise in FY24
The company is already seeding in new business including CDMO and basic chemicals to capture import substitution opportunities
The company has signed a LOI with a global agrochemical innovator company
PYNA brand to have a range of weed management options from seed sowing to active flowering stage
Chemical Industry Outlook 2023 is an exclusive collection of premium content for decision makers of the industry
This renewal is in accordance with the automatic renewal clause agreed upon by the parties in the long-term agreement
Increase of PEBA production capacity at Shanghai site meets growing global demand, centered in Asia
Bromine price dipped 0.9% QoQ while SOP price dipped 6.7% QoQ
Presently, the company is marketing its product in India but is looking at an export revenue of around 20-25% in 2024
The revenue for FY22-23 is Rs. 1,437 crore compared to Rs. 787.95 crore in FY21-2022
The pilot plant is part of OQ Chemicals’ investment in research and development and strengthens the company’s position as an innovation leader in the field of Oxo Performance Chemicals
Construction scheduled for completion Q4/2024; annual production capacity of 100,000 metric tons
Cooperative agreement with U.S. Government to advance U.S. biopharma industry and ensure pandemic preparedness
Collaboration project gives proof of concept for closed recycling loop for PET-based multi-layer packaging
The three pesticides banned are Dicofol, Dinocap, and Methomyl and 8 pesticides for which there is a change in label claim are Carbofuran, Malathion, Monocrotophos, Quinalphos, Mancozeb, Oxyfluorfen, Dimethoate, and Chlorpyriphos
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