News & Bulletin Updates

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

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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.

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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.

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

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

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

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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?

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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

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

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

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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  

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 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?

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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.

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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.

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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

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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

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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

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8ArcelorMittal Nippon Steel India collaborates with BITS Pilani to provide its professionals with an MBA in manufacturing management

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8Bhilai Steel Plant has met Alloy Steel Plant's demand for special grade blooms used in the automobile industry, by casting degassed steel grade blooms for the first time

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8The Global steel tubes market size will be USD 89.64 bn by 2030, with a compound annual growth rate will be 2.3% from 2023 to 2030

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8To support the growth of the global semiconductor industry, Greene Tweed is investing in Korea in the manufacturing of advanced elastomer seals
 8These seals meet the most demanding standards and ensure reliable performance

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8Goodyear introduces new sports tires for all-around performance at a sensible budget available in over 75 popular sizes

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8The rubber and rubber-like materials committee of ASTM International is developing a proposed standard to reduce differences across laboratories caused by bias

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8The market for bio-based elastomers is expected to reach $1.9 billion by 2033, with a 14% annual growth rate Advantages over crude oil-based elastomers are expected to boost market expansion

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8UPM Raflatac is one of the world's leading producers of self-adhesive label materials for consumer products and industrial labelling
 8UPM reached record earnings in 2022, and 2023 is expected to be another year of strong financial performance
 8Know more about the company

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