News & Bulletin Updates

8The worse is over in the DAP market as far as we can make out

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Every phosphatic manufacturer is now keen to push up phos acid production
8That way the dependency will be lower, they think
This company is expanding capacity but yet will still be dependent up to 70% on imported acid

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8This company is trying to produce 100% of its raw material for its phosphatic production internally

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Find out how this fertilizer company benefits from its ammonia production
8Even if it makes no margins from its ammonia production
8This is a heads-I-win, but tails-I-will-still-win kind of phenomena

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The green hydrogen and ammonia space is in heavy churning
8One tender that was gripping the attention of not just India but the world has not shown much traction
8The consensus green ammonia price, which we have elicited from reliable sources, is still way above grey ammonia price
8Yet there seems to be a lot of action at the ground level
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8Carbon border adjustment mechanism of the EU will have implications for India too

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Shriram's fertilizer section is now a smaller part of the enterprise
8And making less money than the others

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Nov 06, 2024: Drones by women

8Drones operated by women are being promoted

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8What is the latest on the IPL urea tender?

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8Targeting growth, the Ministry of Chemicals and Petrochemicals rolls out a bold plan to establish eight plastic parks and four Centres of Excellence
8This can be seen as an aim to boost R&D and plastic production nationwide

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Get to know what IOCL's total gas network building work matrix for the coming year is all about
8It is a network of 1500 km
8So that is a lot of work coming up for vendors, get a detailed outlay of these plans

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Work has begun on over 700 km of gas pipeline
8After route survey and detailed engineering, expect a bunch of orders for vendors
8Good day ahead for the pipeline industry, as one more inter-state pipeline gets started

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Nov 06, 2024: New HPHT rig needed

8Mumbai High needs another HPHT rig

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8Record-breaking earnings and a profitable petrochemicals segment set GAIL ablaze in Q2
8This performance cements GAIL's powerhouse status in the energy sector

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8Balmer Lawrie seeks suppliers for 10 MT of Glutaraldehyde 50% for their Manali plant
8Bidders must submit online by November 15, 2024, with stringent quality and compliance standards

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8LyondellBasell reports a robust $573 million Q3 net income, advancing sustainability goals
8Construction of MoReTec-1 begins, boosting recycling capabilities

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8Targa Resources Corp. stands strong with a growing EBITDA and significant capital returns
8The company is driven by its integrated wellhead-to-water operations, securing long-term market leadership

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8IOL Chemicals and Pharmaceuticals Limited had their rating reaffirmed as "A+; Stable"
8What are the factors behind such high ratings?

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8Hydrofluoric acid prices in Mumbai's chemical market have climbed, according to Indian Petrochem analysts

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8The chemical market in Ahmedabad has seen a decline in the prices of C5 Petroleum Resin, an essential material widely used in adhesives, coatings, and rubber manufacturing

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8The Ahmedabad market is experiencing elevated prices for C9 Petroleum Resin, a crucial material used across various industries such as adhesives, coatings, and rubber manufacturing

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8The price of Fine C5 in the Mumbai market has experienced a significant rise, marking a notable shift in market dynamics

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8Polycarbonate grade H-3000 prices have registered a decline in the Mumbai market, according to Indian Petrochem analysts. On November 6, 2024, the price dropped by Rs.2/kg, settling at Rs.213/kg compared to Rs.215/kg on November 5, 2024

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8The Delhi chemical market has seen a decline in potassium dihydrogen phosphate prices, sparking concerns among industries that heavily depend on this essential ingredient

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8Phosphorus oxychloride prices in the domestic market of Mumbai have experienced a notable decline, signaling a sharp downward trend

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