News & Bulletin Updates

8This is an industrial park where two companies are planning to pump in Rs 500 crore in chemical and petrochemical projects

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8Halida Petrochemicals has drawn up very ambitious expansion plans
8Find out the latest on what is going on with the company

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8India and Russia trade to double
8Chemical and petrochemicals to play a key role in this

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8Iran is under sanctions from the US
8But nevertheless Iran is envisaging a big petrochemical boom

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8Why does RIL think that is Repol H034SG grade is best for use in Oriented Film process.
8The company believes it is suitable for low thickness films and processing on high line speeds
8It is reported the material of choice for BOPP films used in adhesive tapes, food packaging, cigarette & textile overwraps, synthetic paper, etc

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8Savita Oil Technologies Ltd has doubled its profits in Q3 compared to the same month last year
Find out more on why it is looking at an acquisition

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8An MOU has to been signed between two companies to set up a big petrochem recycling plant
8Target is to eventually collect 1 MMT of plastics for recycling by 2030

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Get more on the following:
8Why demand will remain lacklustre for petrochemicals until the second half of 2021
8Why global ethylene margins will come down from their highs
8What will is the outlook for PP going ahead
8Why butadiene demand recovery will have to battle fresh online capacity in 2021
8Why the PE market will get into over supply mode in H-1, 2021

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8Why are Chinese PP imports halving in 2021 in comparison to the previous year
8What the factors that will bring about such a huge fall?

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8Plastic scrap prices are on the rise globally?
8What will happen in India?

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There have been many developments related to renewable fibres based on bio-based materials
8This is particularly true for packaging applications
8Get to know more about the latest developments

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8A notice is out for a DCA-cum-DCA Operated Polymer Warehouse (DOPW) Operator

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8Get an as-of-yesterday outlook on the Asian petrochemical industry
8Where is the market headed

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8India initiates anti-dumping probe into plastic processing machine imports from China
Find out more

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8Meghmani Organics Limited (MOL) has ambitious plans
Get to know all abut them

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8This downstream tender was canceled rather abruptly
8And it has raised a lot of eyebrows

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8Over a million tonnes of assorted chemicals are coming in

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An LNG cargo carried by the Arctic Princess from Freeport and headed for Dahej was canceled
8Such cancellations are rare but not unusual. But they do raise eyebrows every time that happens
8A Ras Laffan cargo brought in by the carrier Al Numan has set sail from Ennore after unloading 147325 cubic metres of LNG

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8We are tracking 7 million tonnes of crude oil coming into India as of now

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80.47 lakh tonnes of fertilizers lined up for imports

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RIL is embarking on more work in its KG Basin developments
8Some of the work will involve exploratory drilling as well, even as the company looks for more reserves beyond what has already been established
8Exploratory work will perhaps go hand-in-hand will development work underway to get all of RIL's discoveries to production

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8NRL to piggyback on IOCL's crude evacuation network in Paradip to to feed fresh capacity at Numaligarh
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Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore
8Project Event: The proposal for the amendment has been made. The NIT for the LSTK contractor has been out and the bid due date has been extended from 18 Feb to 1 March 2021 due to some modifications.
Ammonia Storage Tank Greenfield Project  
8Cost - Rs 100 crore
8Project Event: Tender for Engineering and Project Management Services for De-Commissioning, Inspection, Repair, and Re- Commissioning of 20,000 MT Liquid ammonia Storage tank has been out and it is likely to be finalized in March 2021. RFQ for the LSTK contractor was re-released, with bid due date on 12 March 2021.

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NP (20:20:0:13) Fertilizer Expansion Project   
8Cost - Rs 220 crore
8Project Event: The Company has re-released the RFQ for the Design Detailed Engg, Procurement, Supply, Erection, and Commissioning, with a due date on 16 March 2021.
PK-SSP & Sulphuric Acid Expansion Project   
8Cost - Rs 15 crore
8Project Event: RFQ for a contractor is likely to be released after the environmental clearance. The public hearing has been completed but environmental clearance is due, evaluation is still ongoing, It is likely to be elicited at the end of March 2021 in place of Jan 2021. RFQ for the EPC contractor is likely to be released in April 2021.

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8Paradeep Phosphates Ltd has finally taken over Zuari's Goa unit

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