News & Bulletin Updates

May 09, 2023: DEG quotes at Hazira

DEG prices were assessed lower in the Hazira market today.

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

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8Crude and product tankers are positioned for an extraordinary earnings season in 2023.
8For container ships, time charter rates are expected to drop significantly.
8Freight rates and second hand prices for LPG vessels could be heading for a challenging year.
8LNG Carriers could be in for a bumpy ride with periods of surplus vessel capacity.

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This workover rig tender witnessed three bids
8One was selected

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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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NPK-DAP Greenfield Project
8Cost: Rs 100 Crore
A whole lot of contracting is currently on
Sulphuric Acid Greenfield Project
8Cost: Rs 100 Cr.
Contracting is on 

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Rs. 5000 crore greenfield standalone pump storage project: RFQ ahead
8Forest clearance stage 1 has been approved
8The TEC of the DPR has been approved.
8RFQ for the civil works package is likely to be floated in Q3 2023
Rs. 4600 crore greenfield pump storage project: RFQ ahead
8DPR consultant has been selected.
8Tender has been floated for the EIA consultant.
8RFQ for the geotechnical investigation and topographical survey is likely to be floated in June 2023.
 Rs. 610 crore greenfield hydroelectric power project: RFQ ahead
8Forest clearance stage 1 and stage 2 have been approved
8Bid evaluation is in progress for the HM works package.
8RFQ for the EM works package is likely to be floated in Q3 2023.

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Get an update on the following midstream projects
8Greenfield POL Terminal at Hinauti (IOCL)
8Greenfield Common User Facility (CUF) at Berhampur (IOCL)
8Greenfield POL Terminal and LPG Plant Warisaliganj (BPCL)

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

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

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Indigenization efforts can be a good for the green hydrogen industry
 8But it can bite badly too.
 8Here is how it has backfired

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What does the fertilizer industry, the largest use case for green hydrogen and ammonia, had to say on going green
8Efforts by producers of green ammonia to contact fertilizer producers have yielded results

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India is in a position to achieve the lowest levelized cost of hydrogen and ammonia in the world
8What kind of prices are these going to be?
8And who is going to fund this massive investment?

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May 08, 2023: Briefs

8A new product, “Urea Blue” is doing the rounds. Click on Reports for more
8Nano fertilizers: Deeper studies highlight negative as well as positive effects. Click on Reports for more
8The global bio-control fertilizer size is big, and it is growing at a rapid pace. Also do you want to collaborate with global leaders in this filed? Click on Reports for more
8Will this state's organic framing fall into a Sri Lank type of trap? Click on Reports for more
8This company's in-field nitrogen sensors enable farmers to measure nitrogen levels in their crops in as little as three seconds. Click on Reports for more
8The Zuari group comes out with a share reduction plan. Click on Reports for more

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Our gas coverage has always been exclusive. And here are some briefs elaborated in the Details section
8LNG take or pay: A hazy picture emerges
8Vedanta: Finding it difficult to place gas?
8Gas auctions: Strange things are happening

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8RINL had its greatest April ever, generating 419,000 tonnes of hot metal from two blast furnaces
 8The best unit performance was a more than 100% increase in Structural Mill products and high-end value-added steel

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8On the strength of robust bookings from Europe, India's finished steel exports in April increased to their highest level in 13 months, yet imports also stayed at high levels

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8AMNS India plans to invest $7.4 billion in expanding its Gujrat plant's steel production capacity to 15 million tonnes by 2026
 8To finance the development, the parent company recently signed a $5 billion credit agreement with Japanese banks

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8The global electrical steel market will grow from 2023-2029, which is used to make electrical components like motors, generators, and transformers with unique magnetic properties, reducing core loss and improving magnetic flux density

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8Benchmark iron ore prices in Singapore fell below $100 a tonne, weighed down by rising supplies from Australia and Brazil, as well as slow demand in top steel producer China

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8Japanese rubber futures fell, reflecting weaker local markets, as concerns about a global economic downturn weighed on sentiment

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8Find out about Chemexcil's performance for the period of April 2022- March 2023 

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8States are competing to attract investments by revising their industrial policies
 8The new Industrial Policy of the State offers an alternative perspective and a realistic approach instead of blindly following others

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8QPS was granted an EPCM contract for a greenfield project by a renowned plasticisers and resin producer, and the Rs. 1,000+ crore chemical plant with a production capacity of 100,000 TPA was successfully commissioned

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8DuPont, a US materials company, has agreed to buy a speciality plastics manufacturer focused on the burgeoning biopharmaceutical business, the deal is expected to conclude by the end of the third quarter of 2023

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