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Textile industry under pressure
May 2020
Going forward, the textile industry scenario will depend on how the situation evolves in the domestic and international markets and faster return to normalcy will enable the industry to curtail the damages and improve on its growth prospects.
Cotton & MMF outlook-2020
October 2019
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
MMF consumption to remain stable
January 2019
In FY18, the domestic MMF industry in volume terms stood at 2,506 million kg. Domestic MMF demand witnessed an uptick of about 3.6% in FY18 on account of release of pent-up demand post the demonetisation and GST implementation.
RIL to double ethylene capacity
January 2018
The Jamnagar plant of Reliance Industries Limited (RIL) has become home to the world’s largest operating refinery off-gas cracker (ROGC). With this, RIL has joined the distinguished league of top five petrochemical producers globally.
Wacker to build new facility in S. Korea
January 2018
WACKER has been supplying chemicals to South Korea since the mid-1980s. In 1996, it set up Wacker Chemicals Korea as its subsidiary there.
IOCL to set up plastics, textile parks in Odisha
November 2017
The Indian Oil Corporation Ltd (IOCL) recently signed two agreements at the Petrochemical Investors Conclave in Bhubaneswar.
Huntsman-Clariant merger on track
September 2017
Huntsman-Clariant’s position as a leading global speciality chemicals company will further benefit from complementary R&D and technological expertise.
Ethylene, polyester staple fibre prices dip
March 2017
Ethylene prices declined sharply in the first week of March in Northeast Asia as demand dropped for downstream styrene monomer
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