Global Best Chemical & Petrochemicals Data Base, Chemical Prices

  About Product: Aniline (C6H5NH2) is yellow to brownish oily liquid possessing a musty fishy odor. Aniline consists of an amino group attached to a phenyl group and is the prototypical aromatic amine. Aniline is used as a precursor while producing a wide variety of products such as polyurethane foam, agrochemicals, synthetic dyes, antioxidants, rubber additives, varnishes and explosives. The key raw materials used for the industrial production of Aniline are Benzene, Hydrogen and concentrated Nitric Acid. The most common route for Aniline production is through nitrobenzene which is produced via nitration of Benzene in a continuous or batch process. This is followed by the catalytic vapor phase hydrogenation of Nitrobenzene. About 75% of the global Aniline produced is utilized for the production of methylene diphenyl diisocycanate (MDI), a chemical compound used as a raw material in a wide variety of sectors such as construction and automotive and for consumer products such as househ

Aiming to restructure its business portfolio for sustained growth, BASF Petronas Chemicals Sdn Bhd (BPC) has announced a permanent turnaround at it Butanediol (BDO) and derivatives plant at Kuantan, Malaysia by March 2021.  Get more info :  https://www.chemanalyst.com/NewsAndDeals/NewsDetails/basf-petronas-chemicals-to-permanently-shut-butanediol-and-derivatives-plant-in-kuantan-directing-a-shift-to-its-business-portfolio-3408 BDO and its derivatives are widely utilized to produce polyurethanes, engineering plastics, elastic spandex fibres, and solvents. Consistent capacity additions in the region due to latest investments in advanced coal based BDO manufacturing sites compelled the company to undertake a strategic shift that intends at expanding its future profit margins. For a smooth transition, the company is currently reaching out in support from all its existing customers, meanwhile it is also assuring consistent survive of its other products, promising stability. BASF Petronas Ch

State-owned GAIL India has posted a consolidated net profit of INR 1,068.16 crore in the quarter ended September 2020, down by about 8.5% from INR 1,167.58 crore in the corresponding period last year. Overall turnover slipped by 23.7% to INR 14,104.80 crore owing to lower gas prices during the quarter. GAIL highlighted about 18% cent improvement in its physical performance by transporting natural gas, 9% in gas marketing, 10% in LPG transmission, 22% in petrochemical sales and 12% in Liquid Hydrocarbon Sales, compared to Q1FY21.  Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/gails-net-profit-slips-85-in-q2-petrochemicals-output-surpasses-q1-levels-3404 The company’s petrochemicals business has witnessed a major upswing with plants operating back to normal levels, registering rise in industrial output by 65 per cent to 221 Thousand Metric Tonnes (TMT) as against 134 TMT in Q1 FY21. As per the details revealed by the company’s Chairman & Managing Director, Mano

As US heads towards Presidential Elections, the energy policy makers in India are keeping a close watch on the results which would decide its impact on the India-US ties. While Joe Biden promises strong push towards renewable energy sources, Trump’s victory may strengthen India’s oil, infra and defense sector. As soon as incumbent Donald Trump pulled US out of the Paris climate change agreement, which aims at mitigating the impact of greenhouse gas emissions on the global temperature rise, Biden launched a campaign promising the US to achieve the target of net zero emissions by 2050 and investing USD 1.7 trillion in the next ten years towards actualizing the same.  Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/a-birds-eye-view-on-the-outcome-of-us-elections-on-indias-energy-sector-3399 Biden’s proposal sounds well when India has already shifted to fifth gear towards increasing its capacity of clean energy projects. Clean energy projects comprise nearly a fifth of

Taking forward the vision of self-reliant India, Meghmani Finechem Limited (MFL) announces plan for the expansion of its Caustic Soda facility from 294 KTPA to 400 KTPA. Besides this, the company is also willing to boost the capacity of its Captive Power Plant at its Chlor Alkali and Derivative unit from 96 MW to 132 MWT.  Get more Info :  https://www.chemanalyst.com/NewsAndDeals/NewsDetails/meghmani-reveals-plans-for-caustic-soda-capacity-expansion-aims-to-reduce-indias-chemical-dependency-3397 The advanced capacity expansion with scheduled completion in March 2022 is anticipated to incur a total expenditure of around INR 2300 Million. Following the expansion, installed capacities of Chlorine and Hydrogen will be raised to 350 KTPA and 116 Million NM3 per annum. The project will also ensure efficient supplies to the upcoming Epichlorohydrin plant to be commenced in FY 2022 and CPVC plant in FY 2023.  Moreover, it is anticipated to serve well in catering the requirement from downstream