According to the data monitored by toodudu, the price of PVC Spot market rose in July. On July 1st, the average price of PVC in China was 5,505 RMB/ton. On July 28th, the average price was 5,796.67 RMB/ton, and the price increased by 5.3% during the month. PVC Spot market prices rose in July. The overall market trading situation has improved, and downstream market order demand is improving. Today, the futures price broke through the high again, the confidence of the Spot market soared, and the price also rose with the high profile of futures prices. There are many downstream inquiries, but the actual transaction is still relatively cautious, mainly on demand. On July 27th, international crude oil futures rose. The settlement price of the main contract for WTI crude oil futures in the United States was $80.09 per barrel, an increase of $1.31 or 1.7%. The settlement price of the Brent crude oil futures main contract was $83.79 per barrel, an increase of $1.23 or 1.5%. The WTI has broke...

Reliance Industries Limited has achieved 2Q FY21 revenue of Rs. 128,385 crore ($17.4 billion) as compared to Rs. 100,929 crore in the trailing quarter.  The increase in revenue was primarily due to higher price realizations in the O2C segment, strong recovery in Retail operations and sustained subscriber addition with improvement in ARPU in Digital services business.  Exports (including deemed exports) from RIL’s India operations increased by 5.6% to Rs. 34,501 crore ($4.7 billion) as against Rs. 32,681 crore in the trailing quarter due to higher price realizations despite lower export volume. EBITDA increased by 7.9% to Rs. 23,299 crore ($3.2 billion) from Rs. 21,585 crore in the trailing quarter, led by EBITDA margin improvement across businesses.  Profit after tax (pre-exceptional) grew sharply by 28% Q-o-Q at Rs. 10,602 crore ($1.4 billion) as against Rs. 8,282 crore in the trailing quarter. Outstanding debt as on 30th September, 2020 was Rs. 2...

Newly released Tuff-N-Nuff with Rapid-Edge technology is a self-fastening rockshield product, designed with hook-and-loop closure for quicker and less costly installation. The product protects pipeline coatings from direct impact during backfill operations. Tuff-N-Nuff rockshield is comprised of small diameter strands of flexible PVC to form a porous, non-woven mat that will not trap water against the pipeline. The strands are bonded together in a controlled, random pattern during production. With the new Rapid-Edge installation feature, the product is installed in two steps: the roll is placed over the pipe, then the edges are simply pressed together to continuously secure to the pipe. Tuff-N-Nuff with Rapid-Edge is produced in the United States with the same durable formula as its namesake predecessor that has been on the market for over 30 years to date. “Rapid-Edge is tackling some of the Oil and Gas Pipeline industry’s biggest issues by reducing cost, application time...