News & Bulletin Updates

Will IOCL go the ONGC way?
8There are indications now that dramatic changes will be in the offing in this public sector refiner

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8RIL has cut gas quantity to be sold

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That India is a price sensitive market is evident to everyone
8Low gas prices are leading to a rise in LNG imports despite higher gas availability

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8There is a projection made of how much additional LNG will be consumed by India now that prices are down
A 6 month projection is available

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May 17, 2023: Briefs

8Get the latest update on the Talcher project. 
8The FAO has a pronouncement on fertilizer prices.
8Coromandel gets some additional directors.
8Controlled release of fertilizers improves productivity, this study shows.
8This fertilizer plant used worked with Lenovo ThinkAgile  MX  Microsoft Azure Stack HCI to find newfound flexibility. 
8This fertilizer company has seen income flare up 29%: That is quite a performance.

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8It is learned that the NBS rates are getting finalized by the DOF
After speaking to the industry, it is learned that the following kind of rates are being speculated  

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8What is happening with DAP prices?
Clearly there are further trends.

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Sonipat District City Gas Distribution Project
 8Project Name: Sonipat District City Gas Distribution
 
8Project Cost: Rs 250 crore
 Click here for more details

 Firozabad District City Gas Distribution Project
 8Project Name: Firozabad District City Gas Distribution
 
8Project Cost: Rs 200 crore
 Click here for more details

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Ammonia-Urea Brownfield Project
8Cost: 6000 Crore
Get details of active contracting that is currently on
Ammonia-Urea & Captive Power Plant Expansion Project
8Cost: Rs 1000 Cr.
8Project Event: The project is still on hold due to the group's poor financial condition, and it will now take more time to be active. 

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Rs. 870 crore greenfield hydroelectric power project: EM works ahead
 8The construction of the approach road has been completed
 
8Bid evaluation is in progress for the HM works.
 
8RFQ for the EM works package is likely to be floated in Q3 2023
 
 Click here for more details
 Rs. 2700 crore greenfield hydroelectric power project: RFQ ahead
 8Wildlife clearance (WC) has been approved
 
8EIA and EMP studies have been completed
 
8RFQ for the civil works package is likely to be floated in July 2023
 
 Click here for more details

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8Factco, a UK-based ISP, has partnered with FullFibre to extend its fibre broadband coverage across multiple market towns, leveraging FullFibre's wholesale fibre network

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8Leading companies from around the world take advantage of the successful event yarn trade show in China, which sees a 16.5% increase in participation

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8Lenzing's Q1 earnings drop as revenue grows and fibre sales recover
 8For the first quarter, revenues increased by 1.3 per cent compared to the prior-year quarter to €623.1 million

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8The quarterly profit of Jindal Steel and Power Ltd tumbles 69.5% due to lower steel prices and increased raw material costs

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8SAIL targets 300 MTPA steel production by 2030, emphasizing upgrades, exports, value addition, and decarbonization

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8Japanese rubber futures remained stagnant due to sluggish growth in China's industrial output and retail sales, with traders closely observing ongoing debt ceiling negotiations

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8Hexpol introduces recycled content in Dryflex WS Hydrophilic TPE to promote circularity and reduce reliance on virgin feedstocks

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8The first Quarter of 2023 saw net sales of $215.7 million compared to $225.5 million in the previous and a gross margin of 32.9%, reflecting a 100 basis points increase from the previous year

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8Sustainability-driven Solvay targets 31% emission reduction by 2030, with 27% achieved in China and 19% globally by 2022

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Gain insights into the financial performance of these companies
 8Neogen Chemicals
 8Greaves Cotton
 8Navin Fluorine International Ltd.
 8Neogen Chemicals

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8Get the latest rubber prices for Singapore

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8The company announced first-quarter 2023 sales of CHF 1.200 billion, compared to CHF 1.262 billion in the first quarter of 2022

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8In a commercial partnership with Paprec and selected by French Producer Responsible Organisation Citeo, Eastman will receive the feedstock for the methanolysis facility in France

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8Lotte and Polymateria Ltd collaborated to commercialize Resin+, a biodegradable resin
 8The five-year partnership supports LCT's vision of addressing climate change and reducing environmental impact in their business operations

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8Seven chemical companies, part of the LCET initiative, team up with Dutch firm TNO to create a low-carbon R&D hub, initiated to commence in the second half of 2023

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