News & Bulletin Updates

8The government it seems have given new permissions to produce more than 0.6 MMTPA of decontrolled fertilizers
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The fertilizer sector is doing well
8But the way it is, it is not sustainable
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There has been a dramatic climb in the import of fertilizers from Russia
8Find out what the figures are
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Mar 21, 2023: Briefs

8Foreign fertilizer companies are unwelcome in India. Click on Reports for more
8Which states are the largest buyers of fertilizers, also which are the largest recipients of fertilizer subsidy? Click on Reports for more
8Not bar on DAP end prices but they are monitored. Click on Reports for more
8Matix has seen a 50% jump in fertilizer production. Click on Reports for more
8Two companies given licence to make nano DAP. Click on Reports for more

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Ammonia-Urea Brownfield Project
8Cost: Rs 6000 Crore
8Project Event: More contracting is on, find out details
Ammonia Storage tank Greenfield Project
8Cost: 200 Cr.
8Project Event: Technical evaluation is still going for the feasibility study by conducting Impact Assessment and Soil Investigation, it is likely to be completed at the end of March 2023, finalization is likely to be completed in April 2023 .AA & S Construction, CGL Geo informatic, Engineer Diagnostic Centre, Goma Engineering, GS Infrastructure and Swayin are in the race.  

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8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore.
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8Project Name: Bhubaneswar- Khordha District City Gas Distribution
8Project Cost: Rs 350 crore.
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The Pradip Terminal Expansion project
8There has been cost and time overruns
8Even an extended timeline may not met
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8GAIL has done a coup of sorts in getting a long term LNG deal going
A;so, GAIL has eventually decided to do a deal with its long time adversary. 
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The offshore marine spread market is reaching the super-cycle stage
8And companies are not just reaping in more money, they are also buying new vessels
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This is a Shell JV in India that faces intense competition
8And short term contracts make it more difficult to keep up
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More offshore gas is being auctioned out
8Find out what the gas pricing formula is and also what kind of volumes are being auctioned out
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8This domestic company continues to add more rigs to its portolio
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8RIL's multi-billion dollar petrochemical plans do not seem to have elicited much interest from EPC companies
Why is that so?

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8India is among the top four countries producing natural rubber, and the top 10 rubber-producing states, and its total production during April-May 2019 was approximately 74,000 tonnes. In the 2021-22 fiscal year, India's natural rubber production increased to a nine-year high due to an expansion in the area under cultivation and higher yields.
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8Falken is building the world's biggest rooftop solar panel system on a single facility in Thailand, measuring 100,000 square meters, equivalent to 18 football fields. The solar panels will generate enough power to support the manufacture of a range of Falken tires destined for Europe once completed in January 2025.
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8The Malaysian deputy prime minister has emphasized that small farmers who rely on the export of agricultural commodities such as palm oil and rubber to support their families should be treated fairly and exempted from the European Union Deforestation-free Regulation's (EUDR) unrealistic demands.
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8Despite a drop in prices for Cambodia's locally-produced white sap, the country earned $79.370 million from the export of natural rubber latex and wood in the first two months of 2023. This marks a slight year-on-year increase in revenue for Cambodia.
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8Al Chapman, a finance veteran with over 30 years of experience in multinational organizations, has been appointed as the Director of Finance at H.M. Royal, a prominent supplier of raw materials and specialty chemicals.
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8Thermoplastic vulcanizates are known for their chemical resistance, fatigue resistance, and superior performance at high temperatures. However, they cannot withstand aggressive temperatures and environmental oil conditions for extended periods due to changes in their mechanical properties. The global thermoplastic vulcanizates market is projected to grow at a CAGR of 6.5% from 2022 to 2032, with a value of USD 2.6 billion in 2022 and expected to reach USD 4.9 billion in 2032.
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Mar 20, 2023: Vacancies at SAIL

8The Centre for Engineering & Technology (CET) is a unit that provides design, engineering, and consultancy services for the Steel Authority of India Ltd (SAIL). CET is currently accepting applications for several positions at its Ranchi headquarters and sub-centres. If you have the necessary qualifications and experience, you may apply for these job openings.
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8JSPL is set to produce India's first fire-resistant structural steels at its unit in Chhatisgarh, capable of withstanding temperatures up to 600 degrees Celsius for 3 hours. The company plans to target multiple sectors, including refineries, bridges, metro projects, industrial structures, and more.
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8The Ministry of Steel has chosen a Hyderabad-based company, to participate in the PLI scheme for specialty steel, a Government of India initiative aimed at encouraging steelmakers to manufacture specialty steels in India.
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8The rating for InterGlobe Hotels Pvt. Ltd. (IGH) and its subsidiaries, including Isha Steel Treatment Pvt Ltd. (ISTPL), takes into account the significant operational and financial linkages between them. The same management handles the day-to-day operations of both entities. Find out more about the company’s financial performance.
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8The report covers the chemical industry's strong start with 158 M&A deals in Q1, caution due to European tensions and energy price uncertainty, and high volatility in the oil market, with WTI peaking at $124/barrel and Brent crude hitting $133/barrel in March before falling to $70-$80/barrel in December.
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