AgenciesThe government will not only make mandatory standards but will also take strict action against those companies which do not comply with them, he added. (Representative Image) To curb production and sale of spurious chemicals, the government Tuesday said it will make compliance of quality standards compulsory for 40 more chemicals that are locally-manufactured as well as imported. Chemicals and Petrochemicals Secretary P Raghavendra Rao said government is also expected to soon introduce Harmonised System (HS) of coding for chemicals and petrochemicals imported in large volumes. Currently, there are no prescribed mandatory standards and HS coding for chemicals and petrochemicals in the country. However recently for the first time, the government made standards compulsory for caustic soda. HS coding is a standardised international system to classify globally traded products. “We have already introduced mandatory standards for caustic soda. We are going to do it for more che...

Russian-origin raw material for unsaturated polyester resin (UPR) production is entering Turkey before sale to European buyers as end product. Additionally, excess Turkish-made PVC is being exported to Europe as competitively-priced Russian-origin PVC helps to meet Turkey’s domestic needs. Tecnon OrbiChem’s caustic soda, chlorine & derivatives consultant Hira Saeed learned that low-priced Russian PVC is making its way to Turkish markets – where EU sanctions against Russia are not applicable. Typically an outlet for European product, Turkey’s demand has been softer due to the country’s official holiday period closing businesses for up to two weeks. ‘And there’s also evidence of a weaker economy and currency,’ Saeed adds. But, the circumstances around the war are making it possible for Turkey to offer its PVC at prices European producers will struggle to match.  That direct impact of the Russo-Ukraine war is among a number of indirect effects being ...