8The chemical industry in Mumbai is grappling with a sharp rise in the price of tetrahydrofuran (THF) (Grade 99.90%), a key solvent used in polymer production and the pharmaceutical sector. Over the past week, the price of THF has surged by Rs. 2/kg, rising from Rs. 158/kg on September 4, 2024, to Rs.160/kg as of today

8The Delhi chemical market has witnessed a significant price surge for perchloroethylene, a key industrial solvent, after a prolonged period of price stability. Today, the price has jumped by Rs.3/kg, moving up from Rs.88/kg on September 5, 2024, to Rs. 91/kg, marking a sharp increase

8The Mumbai polymer market has observed a significant increase in the price of polyoxymethylene (POM), grade Pom_Moulding. According to recent updates from Indian Petrochem, prices have surged by Rs. 2/kg today, rising from Rs. 208/kg on September 10, 2024, to Rs. 210/kg

We are the only website to provide upcoming shipment data including prices for the fertilizer imports.
We also provide an extensive range of daily fertilizer prices in our ‘Daily Price’ segment.
Here is the latest update on fertilizer shipments coming up ahead along with destination port, shipment size, and pricing information.
8Two rock phosphate shipments are arriving on September 12 and 15, 2024
8One sulphuric acid shipment is arriving on September 12, 2024
8One sulphur shipment is arriving on September 12, 2024
8One phosphoric acid shipment is arriving on September 13, 2024
8One DAP shipment is arriving on September 12, 2024

8DAP stocks drawdown has been the fastest in five years
8Where are prices headed?

8NPK and DAP tenders have come out

8India's first drone certification agency has been cleared

Deepak Fertilisers has chalked out an exciting future ahead
8Find out what it is

Indorama is no doubt a large fertilizer company
8It took over the urea manufacturing facility of IndoGulf
8And then Tata's DAP and NPK facility at Haldia
8But all this comes at a huge cost and the group's mother company had to take emergency steps to shore up the Indian outfit

The SATAT initiative is now providing a new set of opportunities to vendors and consultants
8The average size of the project under Compressed Biogas (CBG) infrastructure will be around Rs 35 to 50 crore
8And there will be a requirement for a PMC, there is one coming up already, and further business
8The investment is huge too, around Rs 1.75 lakh crore for 5000 units
8So gear up for this front as well, and public sector oil companies are increasingly being pulled into to set up these units
8Also, what do vendors need to know to be in this business, we tell you all about this

NRL allows self certification of experience for a consultancy contract
8Thereby respecting confidentiality agreements with clients

8Find the rubber market rates announced by the Rubber Board here

8Polyplastics' LAPEROS® bG-LCP advances sustainability by cutting CO2 and boosting renewable content

8The annual report for Chandra Asri Petrochemical meets with legal standards, contains verifiable information about the business's performance, and forward-looking statements
Find out what the report has to say

8Tinna Rubber's new venture aims to recycle used tires in South Africa, producing high-quality crumb rubber for export
This bold step pushes both sustainability and business growth forward

8Find here the transcript of the 45th Annual General Meeting of the Company
8It was held on August 16, 2024, 03:00 hours IST

8IVL Dhunseri Petrochem Industries Private Limited has had its rating reaffirmed as "A1-Stable"
8What are the factors behind such high ratings?

Additional Cooling Tower Erection Project
8Cost: Rs 10 Cr.
8Project Event: Due to a lack of suitable bidders, The bid due date has been extended from July 27 to September 27, 2024, for the design, engineering, supply, and erection of an additional cooling tower
Nano Urea & Phosphate Rich Organic Manure Greenfield Project
8Cost: Rs 250 Cr.
8Project Event: The Vaishnav Construction has been finalized for various civil jobs related to site development. The procurement of other long lead items is also ongoing. The civil work is likely to be started in October 2024
Sulphur Coated Urea (SCU) Pilot Project
8Cost: Rs 10 Cr.
8Project Event: The RFQ for the Construction of Civil Foundations for various Equipment / Machines for the proposed Sulpher Coated Urea in the Bagging II Plant inside the Factory Area has been out and the bid due date is September 17, 2024, the detailed engineering study by Gayatri Fertiplants International is ongoing and will likely be completed in Q1 2025. The construction work is likely to start in Q2 2025.
Ammonia Storage Tank +Refrigeration
Cost: Rs 100 Cr.
8Project Event: The RFQ for the LSTK contractor has been out and the bid due date is October 9, 2024. The Scope of work shall include Basic Design Engineering and Detailed Engineering including Hookup with existing facilities for all equipment & accessories etc.

Here are examples of two bio-fuel companies, making ethanol, which have just started production
8It has bank loans of over Rs 150-Rs 250 crore, and the primary cost is getting the feedstock.
8They have back-to-back buyback arrangement with public sector companies
8Find out how the economics work

The EV market is going through an crisis of confidence
8How to overcome it?

Slowly but surely EIL seems to be making inroads into the Gulf oil & gas network
8And getting orders
8Right now, the company is on the periphery, but that is where the bulk of engineering and PMC opportunities will be
8Here is an example of a deal that it got

8Find a snapshot of the E&P and Midstream-Downstream & CGD sectors for the day

Offshore facilities involving SPM and related facility maintenance for a refinery involves a lot of work
8And it is rather surprising that despite years of experience, IOCL continues to show a remarkable lack of learning on how to do these contracts properly
8There is startling lack of due diligence

 Here is a green hydrogen plant that has taken FID for 1 MMTPA of hydrogen per year
8But it seems dead worried about proliferating grey ammonia until it starts its green hydrogen production
Find out what is going on with it

The SATAT initiative is now providing a new set of opportunities to vendors and consultants
8The average size of the project under Compressed Biogas (CBG) infrastructure will be around Rs 35 to 50 crore
8And there will be a requirement for a PMC, there is one coming up already, and further business
8The investment is huge too, around Rs 1.75 lakh crore for 5000 units
8So gear up for this front as well, and public sector oil companies are increasingly being pulled into to set up these units.
8Also, what do vendors need to know to be in this business, we tell you all about this.