News & Bulletin Updates

Phenol prices were assessed lower in the Kandla market today.

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May 10, 2023: MX prices on the rise

Demand for MX in the Mumbai market has been strong, leading to an increase in its price.

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On May 10, 2023, IPA prices were quoted lower in the Kandla market.

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We are the only website to provide upcoming shipment data including prices for the fertilizer imports.
We also provide an extensive range of daily fertilizer prices in our ‘Daily Price’ segment.
Here is the latest update on fertilizer shipments coming up ahead along with destination port, shipment size, and pricing information.
8One Rock Phos shipment is scheduled for May 9, 2023. 
8One S Acid shipment is scheduled on 13 May 2023. 
8Three Ammonia shipment are scheduled on May 15, 2023

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The glass is always half empty or half full depending upon how you look at it
8In this scenario, the demand for LNG far exceeds supply going well into the future

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8There is an update on the project which is of significance

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Kandla LPG Import Terminal Augmentation (IOCL)
8Project cost revision likely
Paradip Terminal Expansion Project (IOCL)
8Project cost goes but commissioning is around the corner

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DAP Greenfield Project
8Cost: Rs 987 crore
8Project Event: The project is expected advertise an LSTK contractor in July 2023. It received environmental approval in August 2018 for both the energy savings and the expansion. The energy savings will be operational in November 2022. Thyssenkrupp Industrial Solutions (TKIS) has been providing services to MCFL for the past five years, and the old DAP plant was installed by TKIS. MCFL will almost certainly likely to hire the TKIS for the DAP expansion. The project is likely to be completed in 2025-26.
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost: Rs 1800 crore
8Project Event: The RFQ for the EPC contractor is anticipated to be published following the finalization of the technology licensor, which is currently continuing and is expected to be completed by the end of June 2023. Through ThyssenKrupp Industrial Solutions, the Company completed a Detailed Project Report (DPR) for a 600 MTPD Phosphoric Acid and 1800 MTPD Sulphuric Acid plant. ThyssenKrupp's report is currently being reviewed, and the final decision on the Project will be made as soon as possible. The firm has already received approval from the GPCB for implementation of the project. The project is likely to be completed by 2026.

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Rs. 4800 crore greenfield pumped storage project: RFQ ahead
8DPR consultant has been selected.
8Bid evaluation is in progress for the EIA package.
8RFQ for the SIA consultant is likely to be floated in Q3 2023
 Rs. 17300 crore greenfield hydroelectric power project: Civil works coming up
8Forest clearance stage 1 is yet to be approved
8PMC has been selected
8RFQ for the civil works package is likely to be floated in Q3 2023.
Rs. 6620 crore greenfield pumped storage power project: RFQ ahead
8DPR works are in progress.
8Consultant has started the preparation of the EIA / EMP report.
8RFQ for the PMC package is likely to be floated in July 2023

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LNG prices are now below $10/mmbtu
8There is general all-round weakness but will this last?

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This is one crop protection company that seems to be doing very well indeed
8And it seems to have a very robust pipeline of R&D products too

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May 09, 2023: Fresh start-ups

Fresh start-ups
8Nano Composite Technologies Pvt Ltd, Andhra Pradesh, is a nano technology start up going through an incubation period
8Inventohack Innovations Pvt Ltd Madhya Pradesh is a precision technology start up
Click on Details to get the names of some others

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The ammonia market is looking at a change in course
8But will it actually happen?

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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
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Know more about the sales release of the company for the month ended on 30th April 2023

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8SEBI has permitted the Multi Commodity Exchange of India to start futures contracts in steel rebars

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8The POSCO Chairman led World Steel Association meetings on carbon emissions reduction and workplace safety and proposed an innovative technology conference for showcasing low-carbon strategies and sustainable growth in the steel industry

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8ArcelorMittal is scheduled to pay a whopping price for Essar Group's iron ore terminal in Visakhapatnam, which has been delayed owing to numerous permissions, the terminal is the country's largest iron ore handling complex with a completely mechanised environment

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8The study report provides a detailed analysis of the global alloy steel market, including regional and country-level market size analysis, growth rate, revenue, key drivers, and most of all it also outlines the major challenges and risks expected during the forecast period

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8Griswold Products, a company that specializes in engineered cellular rubber products, has been acquired by Mechanical Rubber from Rogers Corp

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8Cooper Standard's Mexico plant is the best finalist for its manufacturing practices amongst five 2023 IndustryWeek Best Plants finalists, the winners will be announced later this summer

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8Fairview Microwave has launched a new product line of waveguide isolators and circulators that are designed for high performance and reliability in a variety of microwave applications

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8Industrial wax demand driven by consumer trends is projected to grow at a CAGR of 3.9% between 2023 and 2029, also it is a crucial ingredient in adhesive solutions and can protect food during handling and transportation

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8Despite headwinds such as the European war, high inflation, and the lingering effects of the COVID-19 pandemic, the US chemical industry emerged from 2022 relatively unscathed, according to the results of a new survey of the top 50 US chemical producers based on the company's financial results for 2022

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8The company is optimistic about its prospects and expects continued growth in domestic and international markets after its 4QFY23 performance which was better than expected due to improved gross margins from lower raw material costs

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