News & Bulletin Updates

PP (SR20NC)) prices in the Chennai domestic market fell significantly on June 1, 2023.

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An increase in isobutanol prices has been noted at Hazira today.

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A significant fall in MIBK prices in the imported market of Kandla was recorded today.

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A sharp lift in acetic acid prices is noticed in Kandla prices.

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8There is some bad news for CGD entities when it comes to subsidised gas
Find out what it is

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8How much gas has the fertilizer sector picked up out of RIL 5 MMSCMD of recently auctioned gas

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The new OIL chairman has a challenging E&P assignment
8But he is lucky to have this great opportunity to make the all important difference that none others had  before him

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Nine of the biggest global energy multinationals are hanging around with ONGC despite the pitfalls
8All of them hope to make big money eventually

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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.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Ammonium Nitrate Melt Greenfield Project
8Cost: 188 Crore
 RFQ for End-to-End studies of Ammonium Nitrate Melt project is likely to be released in June 2023, previous RFQ was cancelled due to lack of suitable bidder.
8Cost: 50 Cr.
8Project Event: DPR preparation is still ongoing, RFQ for the LSTK contractor is likely to be released in August 2023 due to a delay in the DFR preparation.

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Rs. 1595 crore greenfield hydroelectric project: RFQ ahead
8The contractor has started the tunnel boring works.
8Bid evaluation in progress for HM packages
8RFQ for the EM works package is likely to be floated in July 2023.
Rs. 1512 crore greenfield multipurpose project: RFQ ahead
8The contractor has started the construction of TRT works.
8Civil works (lot-2) contractor has completed the mobilization work.
8RFQ for the HM works package is likely to be floated in Q3 2023.
 Rs. 2584 crore greenfield multipurpose project: RFQ ahead
8The forest clearance has been approved by the DFO
8Civil works contractor has completed the mobilization work.
8RFQ for the EM works package is likely to be floated in July 2023.

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8India's steel consumption is expected to grow 7-8%, bucking the global trend, due to rising government spending and private sector investments, subdued energy costs, and lower inflation

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8JSW Steel has partnered with this steel company and agreed to establish a 50:50 joint venture to manufacture cold rolled grain-oriented electrical steel products in Karnataka

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8World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in April 2023, a 2.4% decrease compared to April 2022

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8Yokohama Rubber was successful in eliminating counterfeit versions of the company’s aluminium wheels in China, and the company has confirmed that all five distributors have been fined and the counterfeit aluminium wheels have been destroyed

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Get the financial performance of these companies for 2022-23
 8Ahmedabad Steel Craft Ltd.
 8Ankit Metal and Power Ltd
 8Eastcoast Steel Limited
 8Tata Steel Limited
 8Welspun Corp Limited
 8Hindalco
 8Steel Authority of India Ltd

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8Points of Light, the world's biggest organisation dedicated to motivating, training, and engaging individuals to take action to transform their communities and the planet, has designated the corporation a 2023 honoree and the Materials Sector leader of The Civic 50

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8Consumption of the material for 2022-23 is provisionally estimated to reach 13,50,000 tonnes, with a growth rate of 9%, the total volume of NR consumed last year was 12,38,000 tonnes

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8The company has announced it is now sourcing 100% of its natural rubber supplies from companies committed to sustainability

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8By 2027, new construction and development projects, mainly in China and India, are predicted to fuel Asia's 54.8% share of the global ethylene industry's capacity increase

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8IOCL’s PMC contract for the maleic anhydride (MAH) unit at the Panipat refinery and petrochemical complex has been awarded

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8The planning and coordination division, ICT solutions business sector of Mitsui Chemicals has a new president

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8Mitsubishi Heavy Industries is actively developing hydrogen and CO2 ecosystems through technology development and partnerships, seizing opportunities presented by the Energy Transition

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8Ampacet has introduced a line of colour masterbatches for blow-moulded PET that features a refreshing water droplet effect and vibrant hues that are said to represent optimism, resilience, and new beginnings

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8Net Your Problem, a company that collects gear from fishers and supplies recyclers, collaborated with BASF, Grundens and Trinamix to focus attention on marine plastic recycling

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