8INEOS Oligomers has announced that it has started up its new 120,000 tpy Low Viscosity Polyalphaolefin (LV PAO) unit in Texas, US

8KPPL is into the manufacture of formaldehyde and resin. The company uses more than 50% of its formaldehyde for in-house resin production while the rest is sold to other resin manufacturing companies. KPPL is managed by the Pareedh family with Mr K. V. Pareedh being the key managerial person associated with the company since its inception. He has almost four decades of experience in the chemical and plywood industry through his firms established in the early 90s. Later, he incorporated KPPL in 2003 to manufacture formaldehyde and resins

SRSSPL was incorporated in the year 2004 to initiate an iron and steel products manufacturing unit. However, after incorporation, the company remain dormant and started commercial operation in April 2012. The company installed a sponge iron manufacturing unit at Dantiya in Purulia with an installed capacity of 21,000 MTPA.
8Find out what the current status is

Bharat Wire Ropes Ltd BWR is one of the leading manufacturers of speciality steel wire, steel wire ropes, slings and strands, with thousands of varieties of products.
8The Company has the capability of manufacturing wire ropes ranging from 6 mm to 90 mm and steel wire ranges from 0.3 mm to 5.5 mm. BWR has two manufacturing plants, one in Atgaon, Maharashtra, with a capacity of 6,000 MTPA and one in Chalisgaon, Maharashtra with a capacity of 66,000 MTPA
8It caters to government, semi-government organizations, private organizations and also multi-national companies

8A big steel conference is coming up
8And everyone needs to participate

8Domestic steel producers are in a squeeze
8Production is getting cut
8But Tata Steel is in a sweet spot nevertheless

8The Ministry of Steel has on boarded itself on PM GatiShakti Portal (National Master Plan portal) with the help of Bhaskaracharya National Institute for Space Applications and Geo-informatics (BiSAG-N)
8It has created its first layer of data with uploading Geo locations of all the steel plants of CPSEs under the administrative control of Ministry of Steel

8A new 3 MMTPA steel plant is going to go live soon

8Steel sector curbs should not last for too long, says many voices in the industry

8Tata Steel paints the future in bright colours
8Find out what it has to say

8There are voices now being raised for brand new steel policy
8Find out why

8Will the trend catch on?

Two of the world's super-giants, Shell and ExxonMobil have joined hands in China for a path-breaking project
8Why can't we organize similar deals in India?

A huge volume of crude from Russia is finding its way into India and China
8But there will be a tipping point when everything is going to go quite crazy

Here is a Rs 615 km pipeline
8And it had to be shelved because of poor economics and opposition to ROU  acquisition
So why is it being revived again?

8This private sector company seems to be the only one picking up new E&P blocks

Rivals are never far away in the trading busienss it seems.
8A rival to IEX, the electricity trading sister site of IGX, is coming up in the power sector
8And it is a formidable one, and a lot of homework went into setting it up. It has got all the regulatory clearances, and adequate due diligence has been done on its robustness
8There were quite a few rivals for the IGX too, but none on the horizon now
Why is that?

Project Name: Greenfield Marketing Terminal at Devangonthi
8Project Cost: Rs 304 crore
8Check who has got which contract

Granular Single Super Phosphate Greenfield Project
8Cost: 148 Cr.
8Project Event: The project has elicited the environmental clearance, RFQ for the LSTK contractor for SSP plant is likely to be released at the end of July 2022.
Nano Urea Greenfield Project
8Cost: 190 Cr.
8Project Event: The company is still waiting for the environmental clearance, RFQ for the equipment and services is likely to be released in August 2022

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8Weekly Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

The Ennore-Tuticorin gsa pipeline has witnessed a soaring of costs.
8Also completion deadline has been put off time and again
8Figure out what is going on with this pipeline now

The latest global oil & gas data, country-wide is out
8And it makes for interesting reading

8Project Name: Dehradun District City Gas Distribution
8Project Cost: Rs 250 crore
Get in touch with us should you need more information

Petrochem sources, on June 29, 2022, confirmed a fall in unsaturated polyester resin prices in the Ahmedabad market.

8Project Name: Seraikela-Kharsawan District City Gas Distribution
8Project Cost: Rs 300 crore
Get in touch with us for more on gas projects