ET Intelligence Group: Shares of DCW, a Mumbai-based chemical company, have gained over 24% in the past one month following expectations of faster earnings growth once the company starts manufacturing speciality chemicals in the current quarter. DCW, which mainly manufactures basic chemicals such as caustic soda, soda ash, and PVC, has invested over Rs 800 crore over the past four years to manufacture speciality chemicals including iron oxide, pigments used in paints, tiles and infrastructure, and chlorinated polyvinyl chloride (CPVC), used in pipe manufacturing. It will manufacture red and yellow iron oxide pigments. It has developed red pigments in partnership with an MNC, Hunstman, while yellow pigments are developed inhouse. Huntsman will buy 30-40% of the production and the rest will be sold by DCW in the domestic and overseas markets. DCW has a capacity of 32,000 tonnes per annum of iron oxide pig ment and 12,000 tonnes per annum of CPVC. At current prices of Rs 56,000 tonne for...

Price trend According to the Commodity Analysis System of toodudu, the prices of caustic soda were strong this week. From the beginning of the week to the weekend, the price was 3,600 RMB/ton, with a price increase of 2.24% and a year-on-year decrease of 21.74%. Maintain a strong market this week. Upstream caustic soda According to the Commodity Analysis System of toodudu, the price of caustic soda had risen this week. At the beginning of the week, the average market price in Shandong was 795 RMB/ton, and on the weekend, the average market price in Shandong was 815 RMB/ton, with a price increase of 2.52% and a decrease of 22.53% compared to the same period last year. Market outlook Analysts from toodudu believe that this week, the flake caustic soda prices were consolidating at high levels, the quotations were firm, and downstream demand was more active than before. In the game of supply and demand, the enthusiasm for downstream market entry was high. Overall, the price of flake cau...

The global chlor-alkali industry is locked in turbulent times. As efforts by producers to mitigate the sector’s long-term availability issues have—and continue to—come to fruition, geopolitical wranglings and economic issues have become the main drivers for commerce. And, that sales of a chlor-alkali derivative to European buyers might constitute anti-competitiveness indicates discord at the market’s core. The European Commission is assessing whether imports of chlorine’s major downstream product PVC infringed the rights of European producers to carry out business competitively. This perfect storm of medium to long and short-term conflicts will be explored at the upcoming World Chlor-Alkali Conference in Singapore. Last year, almost 200 chlor-alkali-focused chemicals professionals gathered over two days of presentations and networking sessions. The 27th Tecnon OrbiChem and I.C.I.S World Chlor-Alkali Conference will take place at the ParkRoyal Collection Pickering Hotel in S...