News & Bulletin Updates

It is not known whether India is tapping into the rising pool of dark tankers plying Russian crude cargoes.
8Ideally, the big Indian companies would comply with the law than be outside of it
8Hundreds of dark crude tankers are on the prowl now but the problem with India is of a different kind.
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8ONGC has made offshore transportation rules more stringent.
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8The signals from the LNG market is that it may go south rather than north
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 Ammonium Nitrate/Weak Nitric Acid Greenfield Project
 
8Cost: Rs 580 Crore
 Three bidders have been pre-qualified. Find out who they are
 
Urea Reactor (R1) and Carbamate Condenser Unit Revamp Project
 
8Cost: Rs 200 Cr.
 Bid deadlines expanded, get to know of more contracting going on around this project
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Kandla LPG Import Terminal Augmentation
8The augmentation of the terminal has been mechanically completed
But there are other problems now

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8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore.
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8Project Name: Udhamsingh Nagar District City Gas Distribution
8Project Cost: Rs 300 crore.
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EIL is going to be a formidable enemy when it comes to getting its way with this mega petrochemical project.
8Interesting, under a new management, the company has undergone a transformation. From a defensive public sector engineering company, it has transformed itself into a aggressive outfit, unwilling to take a defeat lying down
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8South Sudan relies on Sudan to export its crude, which travels through a pipeline to the Red Sea via Khartoum, where explosions and gunfire were heard on April 17th

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8Tethys Oil is an oil exploration and production company with a focus on onshore areas with known oil discoveries.
 8Find out how the company has been performing

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8Intraday trade saw metal company shares gaining up to 4 per cent on the NSE, amid an otherwise sluggish market, the rise was due to anticipated increased demand from China

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8This event is jointly organised by the Steel Ministry, the Commerce Ministry and the Federation of Indian Chambers of Commerce and Industry
 8The exhibition will facilitate business networking and collaboration as well as offer a comprehensive understanding of the latest trends and innovations shaping the steel industry

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8Tata Steel has been named the 2023 Steel Sustainability Champion by the World Steel Association for the sixth year in a row
 8Since the program's inception in 2018, Tata Steel has been a champion every year

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822 companies, including 6 international companies, responded to Rashtriya Ispat Nigam Limited's (RINL) expression of interest bid for the Vizag Steel Plan

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8FICO President submitted a written memorandum to the commerce & industry ministry, Government of India demanding uniformity in commodity prices and an immediate resolution to some of the industrial issues

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8Dr Thomas Koini will take over as head of Wacker Silicones
 8Koini was previously head of the performance solutions business unit at Wacker Silicones

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8Chinaplas 2023, is an ongoing global event for the plastics and rubber industries in China, under the theme "A brighter and shared future, powered by innovation"
 8It anticipates 3,900 international exhibitors and over 300 local and international delegations

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8Continental has received the top rating for the fifth consecutive time
 8This recognition is due to their implementation of measures and strategies to decrease supply chain emissions

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8The grinding mill liner market seeks cost control and improved efficiency
 8It's predicted to grow at 13.4% annually (CAGR 2023-2030) according to Reliable Business Insights

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8Plastic pollution is becoming unsustainable, and global plastic use is projected to nearly triple by 2060 However, a policy package called global ambition could eliminate plastic leakage and reduce plastic use by 1/3 by 2060

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8Get the latest rubber prices for Singapore

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8Versalis is in talks with Mater-Bi to acquire Novamont's entire share package
 8Novamont is an Italian biomaterials producer specializing in biodegradable and compostable bioplastics

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8Sinopec's Hainan Baling Chemical has launched a new plant in China for SBC production
 8The plant has a production capacity of 170,000 tonnes/year and will export its products to European and Asian markets

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8Rubber futures on major exchanges ended the day with gains, with prices increasing across the board However, the open interest of most exchanges saw a significant decline, indicating that the futures prices had reached levels that triggered short-covering activities

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8This Indian PSU company has recently got approval for the expansion of the refinery and the setting up of a petrochemical project with an investment of about 50, 000 crore rupees

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