Is this the end of competition in the offshore E&P business?
8Yesterday proved that the business is now consolidated in the hands of just one company.
8Who is to be blamed for such a state of affairs?
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Inco nickel prices in the Mumbai market have dropped, according to Petrochem sources.

Get here the cotton prices for today
8China Cotton Index : 28-03-2023: 15191 Yuan (+10)
8Karachi Cotton Association Spot Rate: 28-03-2023: Pak 18700/- (Unchanged) 
8MCX - Cotton Future- (Candy) : 28-03-2023: Apr : 2023 : Rs. 61220 (+700) 
8ICE- Cotton Future: 28-03-2023: May : 2023 : $ 82.52 (+3.00)

8SAIL's Independent Directors are nominated by the Ministry of Steel and confirmed by shareholders. They serve for three years and receive a sitting fee for attending meetings, but are not eligible for profit-related commissions or stock options.
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8Here are a bunch of projects which are unwilling to get their debts rated
 8Parth Concast Ltd
 8Shree Govardhan Steels Pvt Ltd
 8Jai Bhole Steel Tubes Pvt Ltd
 8Abhishek Steel Industries Ltd
 8Raj Ratan Smelter Ltd
 8JHV Steels Ltd
 8Maa Kali Alloys Udyog Pvt Ltd
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8Steel prices fell slightly amid concerns of a credit crunch affecting economic growth and metals demand. Causing the US dollar to decline for a second day. China's state planner warned against market speculation and imposed production restrictions in major steel cities due to heavy pollution. Tangshan and Handan both implemented emergency measures to curb production.
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8According to a report, India's merchandise imports are expected to increase by 16% to USD 710 billion this fiscal year, driven by higher imports of crude oil, coal, diamonds, chemicals, and electronics. The report also noted that India's economy may be moderately affected by global demand weakness and recession in major economies.
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8GRI has revealed the addition of eight new sizes to its current line of agriculture and construction tires, expanding its inventory. The tractor radial and skid steer construction ranges of the business have been expanded to provide clients with more choices and more efficient tyre solutions.
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8CDI Energy Products has rebranded as CDI Products, reflecting its diversified market strategy and decades of trust in the oil and gas and broader energy sector. It has achieved this through R&D, custom engineering, acquisitions and organic growth.
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8The Plantation and Commodities Ministry is actively developing and implementing promotional activities to increase the export of high-value rubber products such as rubber gloves, tires, and latex mattresses through promotional activities abroad such as international trade fairs.
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8Find out the total foreign direct investment in the chemical sector during the last three years. Whether the FDI inflow in the chemical sector has registered a sharp decline? If so, what are the causes for this, and what measures has the government taken/proposed to take to boost FDI inflows into the chemical sector?
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8Find whether there is a shortage of competent Research & Development (R&D) talent in the chemical industry, which is affecting its growth prospects. If so, what measures are being done to expand the local R&D talent group to augment the chemical industry's growth prospects?
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8Get the latest company filings here to stay up to date with what is happening.
8Finolex Industries
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8Get the latest rubber prices for Singapore.
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8NOVA Chemicals signs long-term VPPA with Shell Energy to buy 20 MW renewable power from BluEarth's Hand Hills wind project in Alberta, starting in spring 2023.
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830 industry associations, including Cefic, have sent a joint letter to the European Commission requesting the adoption of an EU-harmonised rule for calculating chemically recycled content using mass balance. The letter also calls for consistency in regulations regarding recycled content in plastics and non-plastic chemical materials.
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8A Saudi chemical manufacturing company has begun commercial operations at its US$1.7 billion, 260,000 tonnes per year polycarbonate production plant in China, which is a joint venture with China Petroleum & Chemical.
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8Jindal Poly Films has recently acquired 100% shareholding of another company through a Share Purchase Agreement. As a result, the acquired company will now become a wholly-owned subsidiary of the acquiring company. The acquired company deals with Non-woven items for Industrial applications, which is in line with the objectives of the acquiring company.
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8India Pesticides Ltd's recently commissioned herbicide technical product has obtained Technical Equivalence (TEQ) approval in the European Union (EU). This certification will improve the company's export income and add to the country's higher foreign currency earnings.
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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update
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The LNG industry with respect to India going to be in a bit of squeeze
8It is caught between a rock and a hard place
8Gas prices have fallen but the industry's woes are far from over
Find out what is going on.

8The gloves are off when it comes to the appointment of independent directors in oil companies
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Nitric Acid Plant Expansion Project
8Cost: Rs 200 crore
8Project Event:The bid due date for the End to End study of the Mono Medium and Mono High Pressure Nitric acid plant has been extended from 29 March to 12 April 2023.before this Alvigo S, Casale SA, KBR LLC, and Thssenkrupp were in the race for Nitric acid plant for capacity enhancement.
Phosphate Rich Organic Manure Greenfield Project
8Cost: Rs 100 Cr.
8Project Event:The project is in initial stage, The company is planning to hire a project management consultant as well as an EIA consultant. RFQ for the consultant is likely to be released in May 2023.

On March 29, 2023, Petrochem sources reported a fall in Spirodiclofen prices in the Delhi market.

8Project Name: Anand District (except areas already authorized)  City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details