Bulletin Updates

IOCL Haldia refinery’s bitumen tender quietly shifts additive risk from buyer to vendor – 8 Jun 2026

Jun 08, 2026

This is not just a PPA supply tender. IOCL is effectively asking vendors to guarantee VG40 performance tank by tank, while absorbing correction-dosing exposure if the first treatment does not work. For executives, the bigger story is whether refinery chemical contracts are moving from supply-based pricing to certified-output risk.

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »