News & Bulletin Updates

8A chemicals company and India's major renewable energy company have announced the signing of two captive power agreements (CPAs) that will see 50 MW of renewable energy supplied from two upcoming projects to a chlor-alkali manufacturing facility

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8Sun Packaging was incorporated to set up a manufacturing capacity of 150 tonnes of blown films and 100 tonnes of moulded plastic articles (containers) per month. Find out the latest developments on the company’s credit ratings

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Harman Plastic Industries is in the business of manufacturing of nail polish caps & brushes, shaving brushes and stainless-steel balls.
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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8ORLEN Group announced a revenue increase of 96% (y/y) due to higher quotations of refining and petrochemical products resulting from higher crude oil prices and higher sales volumes

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8Solvay has decided to exercise its residual maturity call option on the 2022 €-senior bonds

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8The system can be designed to meet the requirements of the petrochemical, oil and gas industry with components approved to provide the highest quality fire suppression system

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8There is ample climate denial and deception among fossil fuel companies
8The plastic crisis has deep corporate roots: to protect our planet, they need to be exposed
8Although recycling is promoted as a solution to the plastic crisis, it's a toxic, carbon-intensive process that's effectively the same as incineration

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8A major fire broke out in a chemical warehouse in Ispatnagar area

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8Chemical producers are facing additional costs and supply – and possibly production – disruptions this month as dry hot weather persists in western Europe

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8Total revenue for the quarter stood at Rs 187.55 crores, a growth of 39.90% on YoY basis

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8KKR, a leading global investment firm, today announced the signing of an agreement to sell Minnesota Rubber and Plastics, a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group, a leader in engineered polymer solutions, in a transaction valued at approximately US$950 million

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8The meeting will be held on 13 August to consider and approve the un-audited financial results for the quarter

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8The company reported an increase in revenue this quarter

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8The debottlenecking of its suspension PVC capacity by 10% got completed ahead of schedule

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The new process includes gear pump technology and innovative fine mesh straining solutions.
8These technologies enable rubber and tire manufacturers worldwide to meet the challenges of rubber processing
8The demand is for products of the highest quality as well as greater cost-effectiveness

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8To address the need for important medical devices, new silicone technologies are being developed and made available

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8The Malaysian Rubber Council has high hopes for its new aerospace balloon, made of a combination of graphene extract and natural rubber

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GAIL has made in a lot of money in the last quarter
8But it is a difficult route ahead for the gas major now
8The Gazprom force majeure has hit the company very hard indeed, find out what the real implications are

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Aug 08, 2022: LNG data

There is a lot of interesting LNG data here
8Landed price arbitrage between US and Asia
8Asian prices and slope with respect to oil price
8Shipping rates from the US to Asia
8Netback prices at US terminals

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Which are the growth areas for ONGC going ahead, as lack of adequate hydrocarbon reserve bearing acerages begins to bite?
8Here is a complete synopsis

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8The lack of Gazprom supplies will see some fresh tenders for gas supply
Find out why that is so

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Aug 08, 2022: Pipeline updates

8Nagpur-Chhindwara - Jabalpur Pipeline Section of the Mumbai - Nagpur - Jharsuguda Natural Gas
There is an update on this here
8Then again, there is an update on the Kanai Chhata - Panitar Natural Gas Pipeline
This is an H-Energy project
8Also, there is an update on work related to the Hazira-Vijaipur-Jagdishpur Gas Pipeline (GAIL)

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8Project Name: Vadodara District City Gas Distribution
8Project Cost: Rs 200 crore
Get in touch with us should you need more information

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8Project Name: Jamshedpur - East Singhbhum District City Gas Distribution
8Project Cost: Rs 300 crore
Call up our sales team to get access

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Rs 5500 crore super-critical thermal power plant expansion project: C&I package in September 2022
8EPC has commissioned the first four units of BTG
8Civil works are in progress for the railway sliding package
8Civil and architectural works have been completed for the ball mill package
8Limestone and gypsum handling plant work is in progress
8The C&I package is likely to be floated in September 2022
Rs 420 crore greenfield hydroelectric power project: EM works package in October 2022
8DFO has granted the forest clearance stage-2
8Financial Agency has already sanctioned the loan for the project
8Contractors have completed the mobilization of construction equipment at the site
8Construction works getting delayed due to bad weather conditions and landslides
8The EM works package is likely to be floated in October 2022.
Rs 1650 crore greenfield hydroelectric pumped storage project: Civil works package(Lot-1) in Q4 2022
8The land acquisition has been completed for the lower reservoir
8EIA/EMP report yet to be approved by MoEF&CC
8Private land acquisition and the public hearings have been completed
8The PMC has been selected for the project
8The civil works package(lot-1) package is likely to float in Q4 2022
Rs 120 crore construction of 220 kV S/C on D/C Tower: GIS S/S works in September 2022
8Detailed survey and investigation have been completed and a soil test was completed for lattice tower erection
8Private land acquisitions are in progress for the transmission line
8EPC selected for T/L works
8220 Kv GIS S/S works are likely to be floated in September 2022
Get in touch with us if you want to know more about these projects

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