News & Bulletin Updates

Formic acid prices have dropped in the Mumbai market.

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Tetrachloroethyleneprices have dropped in the Delhi market. 

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On May 16, 2023, the Petrochem sector received information from industry sources stating that the price of Glyphosate 95% tc in the Ahmedabad market had decreased.

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The prices of Benzyl alcohol in the Ahmedabad market have experienced an upward trend due to limited product availability and an increase in demand, as reported on May 16, 2023.

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Phenol prices were assessed lower in the Mumbai market today.

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Petrochemical industry sources have confirmed a recent drop in the prices of toluene in the Kandla market.

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The cost of MEK has lately decreased in the Kandla import market.

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On May 16, 2023, acetone prices were quoted lower in the Mumbai market.

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DEG prices were assessed lower in the Hazira market today.

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Cyclohexanone prices in Mumbai's domestic market experienced a considerable drop on May 16th, 2023.

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The domestic market for styrene monomers experienced a dip in prices with the Kandla market showing a rate reduction.

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In a recent development, petrochemical industry sources have reported a drop in the prices of OX (Ortho-Xylene) at the Mumbai port.

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The price of imported tanker load BAM in Mumbai has gone up, indicating strong regional demand and a well-stocked supply.

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RIL has announced a significant price reduction for Polyethylene Terephthalate (PET) resin bottle grades in the domestic market.

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Heavy duty PE funds, except for one, has stayed away from investing in the gas infrastructure sector
8Nor have many big private sector players been involved
Why is that so?

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What is the latest on the Nagapattinam project of IPCL-CPCL?
8The project had remained stuck for over a year
8Is there some movement?

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8Find out how politics works in the Nagapattinam project

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8RIL makes changes in LC requirement for supply of gas

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8Project Name: Ganjam, Nayagarh and Puri  Districts City Gas Distribution
 
8Project Cost: Rs 250 crore
  Click here for more details

 
8Project Name: Giridih-Dhanbad Districts City Gas Distribution
 
8Project Cost: Rs 350 crore.
 Click here for more details.

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8Revamping facilities at Vizag Terminal (IOCL)
 Find out about what kind of contracing is going on
8Srikakulam - Angul Natural Gas Pipeline (SAPL)
 Delayed again  

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Nitric Acid Plant Expansion Project 
8Cost: 200 Crore 
8Project Event:Two companies are competing
Phosphoric acid Expansion Project 
8Cost: 500 Cror"
Project Event: Re-tendering is ahead

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Rs. 11736 crore greenfield standalone pumped storage project: RFQ ahead
 
8Wildlife clearance is yet to be granted
 
8Techno-Economic Clearance has been approved
 
8RFQ for the civil works package is likely to be floated in Q3 2023
 
 Click here for more details
 Rs. 3000 crore greenfield hydroelectric power project: Civil works ahead
 
8The geotechnical investigation and topographical survey report have been approved
 
8PMC has been selected.
 
8RFQ for the civil works package is likely to be floated in Q3 2023
 
 Click here for more details
 Rs. 5700 crore greenfield hydroelectric power project: RFQ ahead
 
8The hydrology report has been approved.
 
8Forest clearance stage 2 is pending at DFO
 
8RFQ for the civil works package (lot-1) is likely to be floated in July 2023
 
 Click here for more details

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8Iffco proposes a fertilizer project
 In a politically sensitive region

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May 15, 2023: Our Briefs

8MOP: Tender out. 
8There is a global micro nutrient summit coming up in India. 
8What kind of buying behaviour is IFFCO's nano urea showing?
8HURL announces multiple vacancies. 
8CF Industries, one of the world’s largest producers of nitrogen fertilizer, is getting into low carbon urea.
8MCFL has been optimizing its performance. 
8This crop protection company has an asset light model.

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8The steel company envisions significant growth potential in its current facilities, aiming to expand and achieve a capacity of 40 million tonnes in India by 2030, nearly doubling its existing capability in the country

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