According to the data monitored by toodudu, the PVC calcium carbide SG5 rose first and then fell last week. On the whole, the price rose slightly. On Friday, the average price of domestic PVC was 6,008.57 RMB/ton, and on last Friday, the average price was 6,025 RMB/ton. The price rose 0.27% within the week. Last week, the SG5 of PVC calcium carbide method rose first and then fell. On the whole, the price rose slightly. At present, the overall trading situation of the market is relatively general, the actual transaction situation of the spot market is general, the enthusiasm for inquiry and goods acquisition is weak, and more wait-and-see, the actual transaction is more cautious, and the demand is strong. Up to now, the quotation range of domestic PVC5 carbide materials is mostly around 5,700-6,300 RMB/ton. In terms of crude oil, international crude oil futures closed lower on December 8. The settlement price of the main contract of US WTI crude oil futures was 71.46 dollars/barrel, d...

Meghmani Finechem Limited (MFL) is aiming to achieve Rs. 5,000 crore in revenue by FY27, translating to a revenue CAGR of 25%. “I am happy to announce a 5-year vision of achieving Rs. 5,000 crore in revenue by FY27, translating to a revenue CAGR of 25% from here on. This growth will come from higher revenue contribution of value-added derivatives and specialty chemicals. We have announced to enter Chlorotoluene and its value chain and in a phased manner we will keep on announcing our further capex in the future. We continue to move forward in our strategic direction of expanding scale, strengthening integration and achieving low cost of operations,” said Maulik Patel, Chairman and Managing Director, Meghmani Finechem Limited.   The company has registered a revenue jump of 93% to reach Rs. 499 crore on account of higher realization for all the products. EBITDA increased by 118% to reach Rs. 175 crore (Rs. 80 crore in Q4 FY21) and EBITDA margin was up by 405 bps to...