Published on December 9, 2014
The over plunging of petrochemical products has raised alarming situation for all the leading oil producing countries. Over crashing of crude prices week over weeks has slashed the prices for chemical like Toluene, Benzene, Mixed Xylene, Phenol and all other related by products. This plunging has very little effect on the Methanol pricing. Demand for laminate post Diwali has been restricted in India. This industry is such where customer knowledge is least and driving forces are the local distrib ..
Published on December 9, 2014
On Thursday 4th December, 2014 an appeal to the Government of India by the Fertiliser Association of India (FAI) was made in order to amend its policy with regards to fertiliser production that the state had resulted in loss of urea production. As per the statement released by FAI, a pricing policy for fertilizer that had proved to be beneficial during to green revolution in the year 1960 and 1970, have been repellent of fresh investment. However the existing industries are finding it diffi ..
Published on December 9, 2014
Beauty has its own concept. It dwells in the eyes of the person who feel beautiful and healthy. The role of the cosmetics and the therapy also has got very important place in beauty world. And this is the main reason that cosmetic industry is growing by leaps and bounds. A version for grown –ups has created new opportunities for cosmetic brands, particularly this year with the rise of the festive ‘self –gifting ‘trend. Recent report said that for the festive season manuf ..
Published on December 9, 2014
Pidilite Industries is the market leader in adhesives and sealants and construction chemicals in India. Its second quarter consolidated net profit rose 17 percent at Rs 138.9 crore against Rs 118.5 crore in the same quarter last year. Although the margins in Q2 were impacted by unprecedented rise in prices of key input vinyl acetate monomer (VAM), going forward there is a strong case for expansion in margins in the second half of FY15. Recent report said that as the industrial activity in India ..
Published on December 1, 2014
Recently the fall in crude oil prices have given a positive impact on resins industry as the raw material prices have reduced. Presently resins industry is moving with a steady pace as all the buyers have adopted the wait and watch stance to further fall in the prices of raw material and related chemicals. Resins market players are looking for effective marketing strategies to take the advantages of the opportunities and profitability in the market. Market analyst said that increasing R&D e ..
Published on December 1, 2014
In the US, consolidation of pharmaceutical supply chains through which wholesale and retail drug suppliers have teamed up to procure generic medicines, has started to hurt the revenues of Indian generics players whose sales mainly come from the US market. As per the industry experts, most of the anticipated consolidation in the US drug supply chain had happened, moreover at the same time as the firm had been able to counter the impact, to some extent through a rise in market share, it had n ..
Published on December 1, 2014
As per the analysis, the paint industry is anticipated to reach at the level of Rs 62,000 crore in the next two years and will grow by 20 percent compound annual growth rate till 2016, by reason of increasing demand from retail consumers, on rapid urbanization and development of rural markets. Market players said that in Asia India is the second largest consumer of paint. A rise in non-refundable revenues of the average middle class is increasing investment on urbanization, education, dev ..
Published on November 24, 2014
Indian government is bringing up new policies to revive the pale and weak pharma industries. The government is in mood to provide full lease to PSU to revive their heavy losses. The government is focusing on making the government units self-reliant and profit earning. The government has made a proposal to improve the financial status of companies and its employees who have been rundown of salaries since last six months. Again the government is taking strict steps towards the drug pricing policie ..
Published on November 24, 2014
According to the recent researched report, the smart coatings demand is getting higher in the urban areas of the country, because of rising awareness regarding the environmental issues is gaining grounds. Indian paint industry has outsized potential for energy-saving coatings in the construction sector, such as paints which help insulate buildings, which contribute to reductions in heat loss through walls, roofs and windows. It is expected to report robust volume growth in the coming quarters on ..
Published on November 24, 2014
In the fertiliser sector the addition of global capacity might not only subordinate the cost of raw material costs for Indian fertiliser producer but will also facilitate the government to engrave its subsidy burden. According to IFA, at an advanced stage of development an expansion projects adjacent to 200 for fertiliser raw materials, relating with reference to USD 110 billion in investments. Moreover, an upcoming project in countries like Saudi Arabia, Brazil, Morocco, China, Russ ..
