News & Bulletin Updates

8Has the price witnessed a  movement today

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8Find out the latest prices

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8Get the latest prices for MEG in China

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8Find out the price trend

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8The global price index includes trends from the previous month, however, the price moved today in multiple regions

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8Find out the latest prices here, including trends over the past month

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
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8LNG
8Crude

8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Green Ammonia Greenfield Project
8Cost: Rs.13,860 crore
8Project Event: The Odisha state government approved Welspun New Energy Limited (WNEL) to construct a green ammonia manufacturing unit in November 2023. Internal discussions are ongoing, and the RFQ for the project management consultant is likely to be released in Q2 2024.
NPK Plant Greenfield Project
8Cost: Rs. 915 crore
8Project Event: The project obtained environmental clearance for establishing the NPK fertilizer plant on January 3, 2024.

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8Expression of interest for supply of ethane
8Hiring of CNG cascade loading facility & odorization unit services
8India urgently expands oil storage amid mounting geopolitical risks
8Industrial PNG consumption surges, CGD sales hit 353,427 mmscmd
8Tanker overturns, 12k litres of petrol, diesel burst into flames
8Cornfield to oil well: Amit Shah says govt to link corn farmers to ethanol factories
8ONGC and Gujarat Govt signed MoU
8Outlets Retailing E20 Fuel Will Cover India By 2025: Hardeep Puri
8OMCs announce additional incentive of Rs 5.79 per litre on maize-based ethanol, hike applicable from Friday
8Indian Gas Exchange trades 26.55 lakh MMBtu in December, down 7% MoM
8India’s ONGC Videsh to get some oil from Venezuela in lieu of $600 mln dividend
8Why sustained tensions in Red Sea can harm India’s crude oil imports
8No talks with state-owned oil retailers on reducing fuel prices: Union Minister
8India’s oil demand growth expected to remain strong in FY24: Analysts
8India signs contracts for ten oil and gas exploration blocks

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8Patent shields both the innovative film itself and its production process, securing a competitive edge in the water-soluble film market

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8Major chemical company begins testing Vietnam's first fully integrated petrochemical complex, aiming to boost domestic production and reduce reliance on imports

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8Huge surface finishing giant acquires rival for its proprietary chemical solutions, expanding its industry offerings

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8The booming Indian petrochemicals industry, projected to reach $100 billion by 2025, aims to become a global hub despite feedstock, technology, and infrastructure challenges

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8Sluggish economic recovery, oversupply woes, and weak automotive demand dampen global ABS outlook for Q1 2024

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8US textile slowdown and global oversupply sent DMS prices tumbling as manufacturers grappled with falling demand and feedstock costs

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8Despite US resilience, European PP prices fell in December due to holidays, cautious trading, and destocking, while Australia's plastic bag ban may alter PP demand dynamics

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Jan 05, 2024: Plant news

8Unplanned shutdown at Hazira PVC plant
8Rabigh restarts solvents after maintenance
8Sanjiang MEG is offline for maintenance
8Exxon halts BD output
8FPCC No.3 cracker poised for comeback
8CPC Corp boosts ethylene production
8FCP reboots the ACN plant to resume operations smoothly
8Hyundai, Shell base oil adjust base oils unit operations
8GS Caltex runs cracker at reduced operational rates

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8Indian petrochemical company seeks ethane suppliers for major expansion, inviting bids for up to 800,000 tons per year on a 15-year contract

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8Despite lower raw material costs, the plasticizer market stabilized on January 3rd, with flat demand, moderate production, and weak price pressures

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8New sulphur burners and domestic refinery expansions are expected to boost India's sulphur demand in 2024, potentially displacing sulphuric acid imports

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8Despite the projected US economic slowdown, ethylene demand may rise slightly in 2024 fueled by new polyethylene capacity and global supply limitations

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8Experts from the rubber sector are asked to submit abstracts for the Spring Technical Meeting on PFAS, EVs, sustainability, and other topics

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8The leading mineral solutions company and distribution giant are expanding their collaboration to provide Eastern Europe's rubber sector with a range of cutting-edge products exclusively

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8A new premium comfort tire from a global tire company provides a long-lasting and pleasantly quiet ride for drivers and passengers, especially in electric cars

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8Automation specialist Electronic Drives and Controls will showcase at ICEC Converting Show 2024, offering expertise in coating and laminating solutions for paper, film, foil, and nonwoven manufacturers

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