News & Bulletin Updates

8Originally scheduled for operation in April, the full-scale launch of the project has been slightly delayed due to covid-related influences. Following the initial production next month, the company aims to obtain various certification before ramping up to the full capacity to manufacture 5 million tires per year

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There is a huge rush of vendors for green energy projects
8But eventually it boils down to just a handful of players
8Against a recent tender, it was found out that local value addition is very small indeed

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8GAIL will have a new boss

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8This refinery tender saw a lot of participation the second time around it was floated

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OVL to spend Rs 450 crore in drilling in Myanmar
8Busieness opportunities are likely to come up as a result

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Asian LNG prices are back up again at stratospheric levels
8So expect domestic prices dependent on spot LNG to rise again
8Also, in some segments of the market, LPG has become a fuel of choice and giving those supplying high-cost gas a tough time
8Also, it is time not to scoff at LPG, it can be a transition fuel too by some arugment

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DAP/NPK /Phosphoric acid Greenfield Project
8Cost: 500 Cr.
8Project EventThe project is under the process of environmental clearance, Public hearing has been completed, RFQ for the LSTK contractor for the DAP/NPK plant is likely to be released in Q2 FY 2022-2023.
Phosphoric Acid Greenfield Project
8Cost: 10 Cr.
8Project Event: The project is still waiting for the environmental clearance, RFQ for the local contractor is likely to be elicited in August 2022.

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8Project Name: Sundargarh and Jharsuguda Districts City Gas Distribution
8Project Cost: Rs 250 crore
Get in touch with us should you need more information

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8Project Name: Giridh-Dhanbad Districts City Gas Distribution
8Project Cost: Rs 350 crore
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8In what can be seen as disadvantageous to city gas distribution companies, it has been ruled that supplying gas to industrial customers may not be an automatic right

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An elevated trend is noticed in spun rayon ring spinning R40S knitting prices.

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Sodium acid pyrophosphate prices have shot up in the domestic market of Delhi.

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Petrochem sources have reported a cut in NPG prices in the Ahmedabad market

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MDI prices have escalated in the Mumbai market, today.

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Petrochem sources have reported a fall in cyclohexane prices in the Mumbai market.

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Acetic acid prices in the Mumbai market registered a fall today.

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SBS grade 1475 prices have increased in the Mumbai domestic market today.

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Manganese sulfate prices registered a hike in Mumbai.

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On June 28, 2022, Petrochem sources confirmed that secondary lead prices have sharply fallen in Delhi.

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BIIR grade 2222 prices have moved higher today in Ahmedabad.

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Robust demand has lifted isobutyraldehyde prices in the Ahmedabad chemical market today.

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Petrochem sources reported a significant fall instyrene acrylic emulsionprices in the Delhi market.

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A sharp cut in acetamiprid 97% prices was announced in the Ahmedabad market today.

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Imidacloprid 97% prices were much lower in the Mumbai market today.

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An increase in ferro titanium prices was reported in Delhi today.

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