News & Bulletin Updates

8Zuari Industries sees a massive jump in profit
But it is taking the DOF to court 

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May 26, 2023: Latest DAP deals

8Get the latest DAP deals here

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RIL's gas auction clears field for others to follow through
8And also know more on why global majors continue to pursue Indian deepwaters throtlling red tape.

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NPK/DAP & Captive Power Plant Expansion Project
8Cost: 500 Crore
8Project Event: The studies are still ongoing, Proposal for the environment clearance is likely to be submitted in July 2023, due to delay in the studies, RFQ for the LSTK contractor is likely to be released in August 2023.
Phosphate Rich Organic Manure Greenfield Project
8Cost: 100 Cr.
8Project Event: The project is still under evaluation; The company is planning to hire a project management consultant as well as EIA consultant. RFQ for the consultant is likely to be released in Q2 2023.

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Augmentation of Mangalore Terminal
8Find out what kind of progress has Bridge & Roof made so far

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Ranchi District City Gas Distribution Project
 8Project Name: Ranchi District City Gas Distribution
 
8Project Cost: Rs 350 crore
 Click here for more details

 Cuttack District City Gas Distribution Project
 8Project Name: Cuttack District City Gas Distribution
 
8Project Cost: Rs 350 crore
 Click here for more details

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Rs. 5900 crore greenfield multipurpose project: RFQ ahead
 
8The contractor has started the mobilization of equipment at the site
 
8Technical bid has been completed for the civil works package (lot-2)
 
8RFQ for the HM works package is likely to be floated in Q3 2023.
 
Click here for more details
 Rs. 2413 crore greenfield pumped storage project: RFQ ahead
 
8The forest clearance stage 2 is pending at the nodal office.
 
8Pre- bid meetings has completed for the civil works package
 
8RFQ for the HM works package is likely to be floated in Q3 2023.
 
Click here for more details
 Rs. 500 crore greenfield hydroelectric project: RFQ ahead
 
8The construction of the approach road is in progress and it is in an advanced stage of completion.
 
8Private land acquisitions have been completed.
 
8RFQ for the civil works package is likely to be floated in July 2023
 
Click here for more details
 
Rs. 11500 crore greenfield pump storage project: RFQ ahead
 8The TEC has been approved.
 
8EIA / EMP and SIA reports have been approved
 
8RFQ for the civil works package is likely to be floated in July 2023.
 
 Rs. 2100 crore greenfield hydroelectric project stage-IA: RFQ ahead
 
8The PMC has been selected
 
8Forest clearance stage -2 is pending at the DFO
 
8RFQ for the civil and HM work is likely to be floated in Q3 2023
 
Rs. 3900 crore greenfield standalone pumped storage project: RFQ ahead
 
8The  The public hearing and land acquisition have been completed.
 
8Forest clearance has been approved.
 
8RFQ for the civil and HM package is likely to be floated in July 2023.

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8Steel demand fell short of expectations as orders from downstream industries weakened in April, resulting in a decline of 300 yuan/mt in steel scrap prices in China by the end of April compared to March-end

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8The growing steel demand is a major driving factor for the iron ore market, as per a research report the Iron Ore market could thrive at a rate of 2.70% between 2023 and 2030

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8Preventive vigilance fosters responsibility, transparency, and accountability by promoting awareness and addressing ethics and integrity within an organization were the key highlights discussed during the session

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8The global TMT steel bar market is projected to experience substantial growth from 2023 to 2030, looking to expand at 9.2% CAGR throughout 2030

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Here are a bunch of companies that are unwilling to get their debts rated
 8AKS Alloys Private Ltd
 8Sharu Steels (P) Ltd
 8Barani Ferrocast Pvt Ltd

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8China's steel scrap imports in 2022 totalled approximately 550,000 tonnes, lower than pre-2019 ban levels, CISA explores ways to speed up steel scrap standard revision to boost imports and reduce reliance on iron ore, aiming to cut carbon emissions

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8The tire company has once again ranked as one of the world’s most valuable tire brands and is among the top ten tire brands in the new “Sustainability Perceptions Value” ranking

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8Smithers has announced its plans to acquire Midway Lab in the United States, marking its entry into the cannabis testing market, with the transaction expected to be finalized in Q3 2023

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8Rob Montasser has been appointed for the position of Vice President, replacement sales, as per Sumitomo’s SRNA policy

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8Firestone and Shell collaborate for sustainable tires in the Indianapolis 500 race, incorporating recycled plastic-derived synthetic rubber and introducing guayule tires for street circuits

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8Goodyear's "sustainable" tire raises questions about petroleum-based materials and proper tire disposal for minimizing environmental impact

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8Teknor Apex has recently completed the acquisition of Nu-Pro Polymers, a company specializing in flexible PVC compounds that integrate high levels of post-industrial recycled content, reaching up to 90%

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8Find out more about the two directors to be taking charge of from June 2023 within Mitsui Chemicals

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8Learn essential strategies from Chemexcil's webinar on entering and expanding businesses in China, providing valuable guidance to enterprises

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8A groundbreaking technology harnesses light to decarbonize chemical production, enabling manufacturers to lower emissions while simultaneously cutting operational costs

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8Kuwait's oil and gas sector offers opportunities for foreign companies but faces growing cybersecurity concerns amid increased cyber attacks in the Middle East, prompting experts to discuss the threat landscape and countermeasures

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8Get the latest rubber prices for Singapore

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8This acquisition supports the Group's goal of becoming a full system provider, aiding customers in the batteries and electronics markets with sustainable solutions

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