Published on June 9, 2014
Recent report said that the Laminate industry is fighting with margin issues since 2 years. Laminate and plywood industry is facing challenges due to steep hike in the prices of face veneer after the ban came on Gurjan log export from Burma. Report said that market players have increased the prices of laminate to offset the rise of increased cost. Plywood industries are in the grip of less productivity due to human shortage and mass departure of workers to their natives in the industries since ..
Published on June 9, 2014
According to recent reports, Indian textile has improved significantly on global ranking; India now stands at second by beating its competitors like Germany, Italy and Bangladesh. Reason for such growth is credited to improvements in the Indian textile market and government support with their policies. Industry sources said that textile market is going good and due to this demand of related chemical is also increasing. As the new government has taken charge, it is planning to boost export of th ..
Published on June 9, 2014
The fertilizer industries are in hope that with the coming of new government the shares of the fertilizer industry will increase and also the year 2013/14 outstanding subsidy payments for this sector will soon be cleared. Major fertilizer industries such as Chambal Fertilisers and Chemicals, Rashtriya Chemicals and Fertilizers and National Fertilizers have gain shares by 6.5%, 6% and 10%, respectively. Moreover subsides owned by the government are noted more than Rs. 350 billion, as per the esti ..
Published on June 9, 2014
Asian MEG prices are on constant rise from past few weeks. The MEG market was struggling in the month of April but since then demand for MEG has soared up in Asian market. Prices which were ranging around USD 900/MTS in the first week of April have ascended to the level of USD 970 in the first week of June. Lack of regional supply coupled with tightness in the domestic market has added to this plunge. Almost all the Asian countries are facing the common scenario of upheaval in the prices of MEG ..
Published on June 2, 2014
Industry analysts said that as new products development are taking place in the industry, the paint industry at present is running with a growing pace as the major user industry, construction sector is budding very well, which is one of the key reason for the growth in this sector. They added that in this industry, there have been few innovations both at the level of product development and technology whereas few changes have been seen on the usage side that will add to its growth.Market players ..
Published on June 2, 2014
In the last two consecutive years after hitting a peak in 2011-12 the fertiliser sales had followed downward trend, although, this year the industry is broaching hopes on good weather to apprehend the moribund trend in sales. Besides over last year as per the interim estimates of the Fertiliser Association of India (FAI) in the year 2013-14 the total sales of nutrients had declined by about 5% to 51.23 mt. According the market overview, the Ministry of Chemicals and Fertilizers struggling to pay ..
Published on June 2, 2014
Cosmeceuticals has become the fastest growing segment of the Cosmetics and Personal Care Industry and they are the recent addition to the Cosmetics Industry. Cosmetics business in India is flourishing with higher speed among rural and urban population. Imported cosmetics have had a major impact on the Indian market. An increase in number of working women and appetite for western goods are the main drivers of demand for cosmetics products.Presently, the strong growth of organized ..
Published on May 27, 2014
Resins are widely used in electronic applications, coating process, construction works and adhesives, wind blades in windmill turbines, etc. In terms of utilization of resins Paints & coatings are the primary application. All these industries are creating good move for the resin industry with good demand throughout this week, told by industry sources. Market players said that now increasing urbanization, growing building and construction industry and changing lifestyles are few of the facto ..
Published on May 27, 2014
India is noted as the fastest budding market in the world and there is no such country in the world where the Indian pharmaceutical products have not yet reached, also the integrity and quality of the Indian medical products are according to the international standard. This industry is noted as an emerging global leader with raising concerns in the world for its global equivalent, in other parts of the world including the US. Over the past two decades, significant amount of attention has been a ..
Published on May 27, 2014
The paint market has been increasing its share and worth on global scale. At present the paint market is estimated to be around 130 billion dollar. India accounts for around 15% of share in the global paint industry with China heading the market in consumption as well as production. Around 2.40/kg is the per capita consumption of paint in India. Latex is the category of paint which is gaining wide acceptance and popularity in the country as it is considered as architectural paints and coatings. ..
