News & Bulletin Updates

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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8One MOP shipment coming up on 25 Feb 2021

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8Find out the cargoes landing up in Mumbai in the next few of days

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8The current cargo load at Haldia is made up of
820000 tonnes of phosphoric acid
820005 tonnes of paraxylene
85000 tonnes of LAB and some butadiene

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81.7 lakh tonnes of assorted chemicals are arriving at Kandla in the coming days
8Find out to know the break-up

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Feb 23, 2021: LAB cargo in Kolkata

8Kunjal Synergies brings in a cargo of LAB
8Find out what the quatity is

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8After RIL, MCPI Pvt Ltd is the largest importer of paraxylene in India
8Find out how much is getting imported and from where
8Find out more about where these shipments are coming from

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8A small cargo of MDC has landed yesterday
8The quantity is 1250 tonnes

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8There are many low-volume base oil imports taking place at Mumbai port
8Check out what the volumes are over the next few days

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837000 tonnes of paraxylene/benzene is being imported
8Find out the landing port and who is shipping it in

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8HPL is getting in 3000 tonnes of butadiene
8It is coming from Kaohsiung
Find out the port

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VAM prices drifted down on the back of weakening demand and shortage of supply in Mumbai.

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Ethyl Acetate prices have increased today indicating a shortage of supply with a growing demand in the market.

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Prices for C10 Solvent have been reduced by Dahej as of 23rd Febreuary 2021

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DEG prices have been revised by Hazira as of February 23rd 2021

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Shortage of supply accompanied by a growing demand has led to an increase in acetone prices in the Kandla market.

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A revision in acetic acid prices has been announced by Aegis as of 23rd Feb 2021

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After talking to various market executives, our analysts have reported buying trends of the Jaipur market as of February 23, 2021.

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Ethylene Dichloride price increased in the Ahmedabad market on the back of rising demand in the regional market.

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Our analysts have reported price change in HDPE and LLDPE in the Kanpur market as of February 23, 2021.

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Acetone prices inched up in Ahmedabad on the back of strong regional demand trends.

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