TDI 80/20 costs in Mumbai fell today.

In a noteworthy development, sources from the petrochemical industry have reported a massive fall in Acrylic acid prices in the Mumbai chemical market.

Petrochem sources reported a significant fall in N butyraldehyde prices in the Mumbai chemical market.

According to Petrochem statistics, on May 3, 2023, the price of Pure acrylic emulsion 55% in the Delhi market decreased

Today's Delhi market saw a fall in the price of Pine oil.

Due to increased demand, adipic acid prices have risen in the Mumbai market.

According to petrochem sources, Zinc oxide prices in Mumbai's Domestic market have gone up owing to restricted product supply.

The prices of 2-Ethylhexanol  in Mumbai have dropped due to weak regional demand, leading to decreased buying activity. 

Today, the price of dioctyl terephthalate ( DOTP) in the Delhi domestic market has been reduced.

Ahmedabad's petrochemical industry sources have disclosed an increase in the cost of phosphorus trichloride due to a shortage of supply, resulting in higher prices in the global market.

On May 03, 2023, industry sources in the Petrochem sector reported a reduction in the price of pendimethalin 30% E.C in the Ahmedabad market.

N-butanol prices were assessed lower in the Mumbai market today.

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

8In a bit of a surprise, a large quantity of additional new gas is hitting the Indian market

Why is RIL is a hurry to sell another lot of 6 mmscmd of gas?
8Another lot was expected but not so quickly. So why is there such a hurry?

The Chhara LNG terminal was meant to have been commissioned in June, 2023
8But we have heard a different story coming out of the ground

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

8Project Name: Surat-Bharuch-Ankleshwar Districts City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details.

8Haldia-Panagarh LPG Pipeline (HPCL)
Get to know what Mecon has been up to
8Krishnagiri Coimbatore Natural Gas Pipeline (KKBMPL-II) (GAIL)
In the midst of agitating farmers, some progress has been made  

 Ammonia-Urea Brownfield Project
 8Cost: Rs 6000 crore
 8Project Event: Contracting is ongoing
 Nitric Acid Plant Expansion Project
 8Cost:Rs 200 crore
 8Project Event: Shortage of bidders?

Rs. 4000 crore greenfield off-stream closed loop pump storage project: RFQ ahead
8TOR has been granted.
8RFQ for the DPR consultant is likely to be floated in Q4 2023.
Rs. 7630 crore greenfield off-stream closed loop pump storage project: TOR granted
8R.S Envirolink Technologies has been selected as an EIA consultant.
8RFQ for the DPR consultant is likely to be floated in June 2023.
Rs. 7600 crore greenfield off-stream closed loop pump storage project: RFQ ahead
8TOR has been granted
8EIA consultant has been selected.
8RFQ for the DPR consultant is likely to be floated in Q3 2023.

Rs. 2250 crore greenfield hydroelectric power project: EM works coming up
8The mobilization works are in progress for civil works.
8Bid evaluation is in progress for HM works.
8RFQ for the EM works package is likely to be floated in Q3 2023
Rs. 7600 crore greenfield pump storage project: RFQ ahead
8TOR has been granted
8RFQ for the DPR consultant is likely to be floated in May 2023.
Rs. 4000 crore greenfield off-stream closed loop pump storage project: RFQ ahead
8TOR has been granted
8EIA consultant has been selected.
8RFQ for the DPR consultant is likely to be floated in May 2023.
Rs. 2027 crore greenfield pump storage project: RFQ ahead
8The forest clearance stage 1 has been granted
8PMC has been selected.
8RFQ for the civil works package is likely to be floated in July 2023
 Rs. 4500 crore greenfield hydroelectric project: EM works ahead
8The contraction works are facing geological difficulty
8The tender has been floated for the HM works
8RFQ for the EM works package is likely to be floated in Q3 2023.

8The steel industry is vital for infrastructure development, and India's impressive growth in this sector is expected to make it the world's second-largest steel producer by 2025
 8To keep up with this growth, the industry has been implementing innovative technologies to enhance sustainability and efficiency

8Tata Steel is expected to report a significant decline in consolidated net profit for the March quarter, primarily due to losses in their Europe business
 8The company recorded a rise in consolidated steel production, with its India unit showing a sequential increase in crude steel production

8The Income Tax agency claimed to have collected Rs 15 crore in cash following searches at 60 sites associated with a steel manufacturing business in four states, including Uttar Pradesh