Paradip-Raipur Ranchi Pipeline (IOCL)
8Pigging needed
Krishnapatnam - Hyderabad Multi-Product Pipeline (BPCL)
8Under contracting
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SSP/GSSP/PSSP Greenfield Project
8Cost: Rs 100 Crore
8Project Event: The corporation submitted an environmental clearance proposal in February 2023, and the proposal is expected to be approved in Q4 2023. Internal discussions are underway, and the RFQ for the local contractor is expected to be published in Q2 2023.
Ammonium Sulphate Expansion Project
8Cost:Rs 111 Cr.
8Project Event: The RFQ for the LSTK contractor is expected to be announced in June 2023. The project received environmental approval in April 2022. All engineering efforts have been finished, and procurement and construction operations are underway. The firm will carry out the project on its own, without the involvement of any external technology supplier, and will rely on its own in-house experience and resources.
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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
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8Due to the geopolitical unrest, the downturn in the economy, and decreased demand, India's engineering exports decreased in FY22–23
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8Indian steel exports to Europe to remain weak due to strong domestic demand and economic conditions
8Production disruptions in Europe not expected to benefit Indian steelmakers
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8Indian Steel Minister highlights booming steel sector at FICCI conference, credits collaboration, infrastructure, green production, and technology adoption
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8Tata Steel partners with ABGM India for business opportunities and mine technical services
8The collaboration will explore opportunities in India and abroad, utilizing each other's technical and strategic strengths in mining and metals
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8Steel prices fall as demand weakens in China despite government stimulus measures
8Indian steel imports surged over 45% YoY with an increase in semi-finished steel imports, while, China's crude steel output rose by 6.9% YoY in March
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8SAIL, a major steel producer in India with an annual capacity of ~21mt, is poised to meet the increasing demand for steel due to the expansion of infrastructure and construction
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8The electrical steel market is set to grow significantly from 2022-2028 due to its use in the production of electrical components such as transformers, motors, and generators
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8Coal India to shift all e-auctions to an in-house platform developed by NIC and the central mine planning & design institute
8Trials are to begin in May, with expectations to improve the process and attract more bidders
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8Arlanxeo, Eve Rubber Institute, and Ecombine form a strategic partnership to enhance innovations in liquid-phase mixing technology, downstream applications, and market development for rubber products
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8With a concentration on agricultural and cash crops, Nigeria wants to expand its rubber sector and shift its economy away from oil
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8Dr Johannes Kilian, former VP of process technologies and inject 4.0 at Engel, has been appointed as the new VP of global processing engineering in the Engel Group
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8The ASEAN automotive aftermarket is projected to grow steadily in the coming years, with a potential for significant revenue generation
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8The PCR colour prediction service from Avient, a digital tool that forecasts the colour options of post-consumer recycled resins, has won the 2023 refocus sustainable innovation in design award
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8This report contains forward-looking statements (including objectives and trends) about Air Liquide’s financial situation, operating results, business activities and strategy
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8Former VC of Chemexcil and Director of Jayant Agro-Organic Ltd., Abhay Udeshi has taken over as the Chairman of Chemexcil
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8Get the latest rubber prices for Singapore
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8The Indian petrochemical industry is set to witness the startup of approx 300 projects by 2027
8In the Apr 22-Mar 23 period, India's highest quantity of chemical imports came from Saudi Arabia, Port traffic for chemicals declined, with a decrease in imports and exports
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8Imports of POL products decreased in April-March 2023, while crude oil imports increased during the same period
8There was a growth in petroleum product production as compared to March 2022, but indigenous crude oil and condensate production were lower in March 2023 than in the previous year
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