In past two weeks, the polyester fiber prices have declined sharply. This decline can be attributed to lower PTA and MEG prices, which are raw materials of polyester polymer. The decline in raw ... Read More

Reliance Industries announced a deal with Saudi Aramco; according to this deal the Saudi Arabian Oil Company will acquire 20% stake in Reliances oil-to-chemical busi... Read More

The Revenue Department of India has imposed anti-dumping duty on all imports from South Korea and Thailand, based on the suggestions from designated authority in the Commerce Ministry. Anti-dump... Read More

One of the leading domestic producers, Indian Oil Corporation Limited has committed to invest INT 1003 billion to increase the Paradip refinery capacity from 15 million tonnes per annum (MTPA) t... Read More