8NextChem has been awarded a Front-end engineering design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant for municipal plastic waste in Europe

8INEOS and SINOPEC have signed three back-to-back deals worth a combined value of US$7 billion
8These landmark agreements are expected to generate a combined turnover of around US$10 billion from 7 million tons of capacity

8The requirement of submission of the Bill of Export for supplies made to SEZ in case of Advance Authorization has been relaxed

The webinar will be held on 17th and 18th August at 3 PM.
8Registration is required

8The total capacity of the project will be 90 MT per month

8Revenue increased by 108% backed by volume expansion and realization gains in the previous quarter

8Get the latest rubber prices for Singapore

8The Coca-Cola Co. announced changes to its plastic bottles. Dasani bottles will be made from 100% recycled PET, and Sprite bottles will transition from green to clear plastic, which is more likely to be recycled into new bottles

8The market was hit by reduced demand in China combined with upstream capacity additions

8Japanese group also targeting further development of liquid rubber made from biomass-derived materials

8VF Corp. has started the world's first 'regenerative rubber' pilot via a collaboration between its The North Face, Timberland and Vans brands, with consultancy Terra Genesis International

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8IOCL has major capex plans over the last five years
8Here is the best item-wise requirement over time

Under-recoveries -- as the entire cost of crude is still not allowed to be passed on -- may have wrecked the refinery sector but refining companies are still doing well.
8What explains this dichotomy?

8Here is an oil company with a Rs 100 crore loan from Russia
8And sanctions have meant that the loan is temporarily unserviced

8There are two private CBM companies which are making progress in drilling new wells in their areas

Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project Event: The company is planning to re- release the BOQ for the contractor at the end of August 2022, due to lack of bidder. The modification on BOQ is ongoing.
SSP/NPK Greenfield Project
8Cost: 70 Cr.
8Project Event: The feasibility studies have been completed, and international discussion is ongoing, RFQ for the Contractor is likely to be released in September 2022

8What is it that existing CGD entities fear most from expiry of exclusivity period?

8An onshore rig requirement has come up

8Project Name: Dadra and Nagar Haveli Districts City Gas Distribution
8Project Cost: Rs 200 crore
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High velocity, high value tenders have started coming out of ONGC
8This is after a long lapse, with the lockdown and its aftermath holding up projects
8Expect more in the future

8India's largest public sector enterprise (PSE) Oil and Natural Gas Corporation (ONGC) is embarking on an aggressive oil and gas exploration and production (E&P) plan as its producing fields are ageing and production is coming down.

8India's largest gas distributor GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said. Lower gas supplies will affect impact India's urea production, and a sustained cut would lift imports of the soil nutrient, a fertiliser industry source aware of the cuts said. Neither GAIL nor India's fertiliser ministry responded to Reuters' requests for comments.

A gain in silicone oil grade wacker 350 prices was noted today in the domestic market of Mumbai.

Manganese sulfate prices have moved higher today in Ahmedabad.