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In an interaction with Zee Business, R Mukundan, MD & CEO, Tata Chemicals, shared insights on the issues faced by the chemical industry in 2023, market normalization and the outlook for 2024. He also shed light on Tata Chemicals performance in 2023, touching upon operations of international subsidiaries, and soda ash business. The interview further outlined the company's strategic vision, including upcoming capacity expansions, debt reduction initiatives, and overall commitment to sustainable growth.   Watch the interview to know more - https://lnkd.in/gbP7VsSb

Girishkumar Kadam, Senior Vice President & Group Head - Corporate Ratings, ICRA, was the moderator for panel discussion on Value Additions and Diversification Session at the PetroChem Summit 2024 by Indian Chemical News. Sharing some moments from the event. #ICRA #ICRAViews #Petrochemicals #ChemicalIndustry

𝐒𝐁𝐑 𝐚𝐧𝐝 𝐒𝐒𝐁𝐑 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞, 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲, 𝐃𝐞𝐦𝐚𝐧𝐝 & 𝐒𝐮𝐩𝐩𝐥𝐲 𝟐𝟎𝟐𝟑 Download FREE Sample of this Report @ https://lnkd.in/dQ2ewNfv The global #SBR and #SSBR market was valued at US$ 3218.5 million in 2022 and is projected to reach US$ 4001 million by 2029, at a CAGR of 3.2% during the forecast period. key players include: Firestone JSR Corporation LANXESS The Goodyear Tire & Rubber Company Trinseo Korea Kumho Petrochemical Co., Ltd. Dynasol Group LG Chem Eni SIBUR Karbochem SINOPEC CNPC USA Ashland Synthos Bridgestone Americas HIP-Petrohemija Fujian Refining and Petrochemical Co., Ltd. #sbr #SSBRmarket

I was invited to give a talk at the inaugural session on National PETROCHEM Summit 2024 at Delhi on 23rd February 2024 on 'Conducive Policy Framework, PCPIR & SEZs and Way Forward'. The session focused on India's position on Global Petrochemical Market, growth prospects and current scenario and we discussed the need of extensive Research and Development activities, as well as Human Resource Development and planning in the area of Petrochemicals. The level of R & D in this sector is less than 0.5% of its total sales. Inadequate research and development infrastructure is a constraint for attracting investment in innovation in the sector. The furtherance of such policies envisages the institutionalization of Research and Innovation in the Indian Petrochemical Sector. I applaud the Union Government for allocating Rs. 50,000 crores for R & D in private industries in the 2024-25 budget. It is the need of the hour. The event, organised by Indian Chemical News, witnessed the proactive participation of major public and private players in the Indian Petrochemical Industry and representative policy makers from the Government. Delighted to be a part of such an enriching event!! #petrochemsummit2024 #indianchemicalnews #kjsomaiyainstitute #somaiyauniversity #petrochemical #petrochemicals #petrochemicalindustry #petrochem #chemical #chemicalindustry

STAY INFORMED ABOUT THE LATEST REPORT FROM 𝐈𝐧𝐭𝐞𝐥𝐥𝐞𝐜𝐭𝐮𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 COVERS 𝐁𝐲 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧𝐬 AND 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐬 INCLUDING:  #NorthAmerica #Europe #AsiaPacific #LatinAmerica and #Africa.   Don't miss out on this opportunity to stay informed about the latest trends in the Industry.   Refrigeration Oil Market Size, Share & Trends Analysis Report By Oil type (Synthetic oil, Mineral oil), By application (Automotive AC System, Aftermarket, Refrigerators & Freezers, Air Conditioner), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028 IMIR Market Research Pvt. Ltd.   📚𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞:📝👇https://lnkd.in/dBMt9T6R 📚𝐑𝐞𝐩𝐨𝐫𝐭 𝐅𝐨𝐜𝐮𝐬𝐞𝐝 𝐎𝐧 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: ADDINOL Lube Oil GmbH ADEKA CORPORATION Afton Chemical BASF bp Calumet Specialty Products Partners, L.P. Camco Lubricants Cerion Nanomaterials Chevron CHEVRON ORONITE BEIJING INTERNATIONAL TRADING CO LTD SINOPEC Citgo Petroleum Corporation Clariant Cosmo Oil Lubricants Co.,Ltd. CPI Fluid Engineering The Lubrizol Corporation Croda Dehon Group Dorf Ketal ENEOS Eni Ente Nazionale Risi EUROLUB GmbH Evonik ExxonMobil Idemitsu Kosan Co.,Ltd. Indian Oil Corp Limited Infineum International Petroleum Corp Klüber Lubrication LANXESS Lubriplate Lubricants Co. LUKOIL Lubricants Company MOL-LUB Ltd. National Refrigerants Ltd Petro-Canada Lubricants Shell International Sinopec Engineering Group Saudi Co. Ltd. #RefrigerationOil 👤#Intellectualmarketinsightresearch #Marketresearchreports #Size  #Share #Trends #Growth #Opportunity #Outlook #Forecast #Covid19 #Segments #KeyPlayers #RegionsOutlook #GrowthPotential #PriceTrends #CompetitiveMarket #Forecast #2022To2028 #2023To2031

🌟 Exciting News Alert! 🚀✨ Delving into the latest insights from Maximize Market Research Pvt. Ltd, we've uncovered some truly remarkable findings about the NBR Market! According to their recent report, the NBR Market surged to a valuation of US$ 1857.39 Mn in 2022 and is projected to soar even higher, reaching US$ 3019.83 Mn by 2029! Sample Report Link : https://lnkd.in/dNkPEsjD What's even more astounding is the anticipated growth trajectory of the Global NBR Market, poised to expand at a robust CAGR of 7.19% throughout the forecast period! This not only underscores the dynamism within the industry but also presents unparalleled opportunities for stakeholders to capitalize on this upward trend. Whether you're a seasoned professional, an aspiring entrepreneur, or an avid investor, staying informed about such pivotal market movements is key to making informed decisions and fostering growth. #MarketInsights #NBRMarket #BusinessGrowth #Innovation #GlobalTrends #StayInformed #UnlockOpportunities NBR Market Key Players 1. LANXESS 2. Sinopec 3. Kumho Petrochemical 4. TSRC Corporation 5. JSR Corporation

We understand from some industry channels that the worst seems to be over for Indian chemical and petrochemical sector and the topline is likely to revive to FY23 levels in FY25. Click here to read article - https://lnkd.in/ddW7WHhX #NirmalBang #ChemicalSector #Q3resultsreview #LatestNews

【NEWS UPDATE】🚀 Wanhua Chemical Soars with Impressive 2024 Interim Results! 📊 https://lnkd.in/gnKnRaKv Wanhua Chemical, the industry titan, has just unveiled its remarkable 2024 interim financial report, showcasing its unwavering resilience and growth amidst the dynamic market landscape.  ✨ Key Highlights: - Total operating revenue skyrocketed to RMB 97.067 billion, a stellar 10.77% year-on-year increase! 💰 - Net profit attributable to the parent company reached RMB 8.174 billion, a slight dip of 4.60% YoY, but still an impressive feat.  - Robust performance in the second quarter, with revenue up 11% YoY and 10% QoQ. 🚀 - Polyurethane and new material sales volumes achieved impressive year-on-year growth. 📈 - The company's fine chemicals and new materials business shone brightly, with revenue up 15.23% YoY. 🔬 💼 Wanhua Chemical's strategic moves, including the successful commissioning of the 180,000-ton adipic diamine project and the 800,000-ton/year MDI capacity increase, have solidified its market dominance. 🌐 The company's global partnerships, such as the landmark agreement with ADNOC, position Wanhua as a trailblazer, ready to unlock new growth avenues. 🔍 Analysts foresee a bright future, projecting net profit attributable to the parent company to reach RMB 17.061 billion, RMB 22.176 billion, and RMB 25.463 billion in 2024-2026, respectively.  #WanhuaChemical #ChemicalIndustry #FinancialResults #InvestorUpdates #GrowthStory

🔺 Top 5 Chemical Companies in the World : Performance and Growth Insights ▫ 👉 Here are the top five Global Chemical Industry Market leaders who have consistently performed well in the market. Also included a business lesson in the end that we should all learn from. 1. BASF ◾ Performance : Largest global #chemical producer with a diverse product range. ◾ Growth : Resilience through innovation, sustainability, and digitalization. ◾ Focus : Chemicals, plastics, performance products, and #agricultural solutions. 2. Dow ◾ Performance : Strong materials science portfolio. ◾ Growth : Strategic mergers (e.g., Dow-DuPont) and focus on high-growth sectors. ◾ Focus : Performance materials, chemicals, and plastics. 3. Sinopec International Petroleum Service Corporation ◾ Performance : Leader in petroleum and petrochemical products in China. ◾ Growth : Expansion in refining and chemical segments with green energy initiatives. ◾ Focus : Petroleum, petrochemicals, and green energy. 4. SABIC ◾ Performance : Global leader in chemicals, polymers, fertilizers, and metals. ◾ Growth : Innovation and sustainability aligned with Saudi Vision 2030. ◾ Focus : Diversified chemicals and sustainable growth. 5. LyondellBasell ◾ Performance : Known for efficient and sustainable operations. ◾ Growth : Emphasis on circular economy and recycling innovations. ◾ Focus : Plastics, chemicals, and refining. 💠 Business Lesson : Embrace innovation, strategic growth, and sustainability to stay ahead in the market. 📌 Check out FREE SAMPLE REPORTS which is published by AMA Research & Media which coveres overall chemical industry and sectors. : https://lnkd.in/debZu5e9 #ChemicalIndustry #BusinessGrowth #Innovation #Sustainability #Leadership #MarketLeaders #CorporateStrategy #IndustryInsights

Haldia Petrochemicals Ltd (HPL) is considering a groundbreaking $10 billion investment for an oil-to-chemical (O2C) project in South India. This move underscores HPL's dedication to leveraging India's burgeoning demand for chemicals and petrochemicals while bolstering the nation's self-sufficiency in these vital sectors. With this substantial investment, HPL is poised to drive innovation and sustainable growth within the petrochemical industry. By embracing state-of-the-art technology and eco-conscious practices, the company aims to cement its position as a frontrunner in the O2C segment. • To browse more Press Releases, visit - https://bit.ly/3NJSG9Q • To learn about our services, visit : https://bit.ly/3CT73Ud • For any customized market research & advisory requirements drop us a query at connect@eninrac.com #Eninrac #Advisory #Consulting #Research #MarketResearch #HaldiaPetrochemicals #O2CProject #SustainableGrowth #Innovation #PetrochemicalIndustry #SelfReliance #IndiaGrowth #FutureInvestment