News & Bulletin Updates

DEG prices were assessed lower in the Hazira market today.

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Cyclohexanone prices in Mumbai's domestic market experienced a considerable drop on May 16th, 2023.

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The domestic market for styrene monomers experienced a dip in prices with the Kandla market showing a rate reduction.

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In a recent development, petrochemical industry sources have reported a drop in the prices of OX (Ortho-Xylene) at the Mumbai port.

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The price of imported tanker load BAM in Mumbai has gone up, indicating strong regional demand and a well-stocked supply.

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RIL has announced a significant price reduction for Polyethylene Terephthalate (PET) resin bottle grades in the domestic market.

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Heavy duty PE funds, except for one, has stayed away from investing in the gas infrastructure sector
8Nor have many big private sector players been involved
Why is that so?

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What is the latest on the Nagapattinam project of IPCL-CPCL?
8The project had remained stuck for over a year
8Is there some movement?

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8Find out how politics works in the Nagapattinam project

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8RIL makes changes in LC requirement for supply of gas

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8Project Name: Ganjam, Nayagarh and Puri  Districts City Gas Distribution
 
8Project Cost: Rs 250 crore
  Click here for more details

 
8Project Name: Giridih-Dhanbad Districts City Gas Distribution
 
8Project Cost: Rs 350 crore.
 Click here for more details.

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8Revamping facilities at Vizag Terminal (IOCL)
 Find out about what kind of contracing is going on
8Srikakulam - Angul Natural Gas Pipeline (SAPL)
 Delayed again  

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Nitric Acid Plant Expansion Project 
8Cost: 200 Crore 
8Project Event:Two companies are competing
Phosphoric acid Expansion Project 
8Cost: 500 Cror"
Project Event: Re-tendering is ahead

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Rs. 11736 crore greenfield standalone pumped storage project: RFQ ahead
 
8Wildlife clearance is yet to be granted
 
8Techno-Economic Clearance has been approved
 
8RFQ for the civil works package is likely to be floated in Q3 2023
 
 Click here for more details
 Rs. 3000 crore greenfield hydroelectric power project: Civil works ahead
 
8The geotechnical investigation and topographical survey report have been approved
 
8PMC has been selected.
 
8RFQ for the civil works package is likely to be floated in Q3 2023
 
 Click here for more details
 Rs. 5700 crore greenfield hydroelectric power project: RFQ ahead
 
8The hydrology report has been approved.
 
8Forest clearance stage 2 is pending at DFO
 
8RFQ for the civil works package (lot-1) is likely to be floated in July 2023
 
 Click here for more details

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8Iffco proposes a fertilizer project
 In a politically sensitive region

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May 15, 2023: Our Briefs

8MOP: Tender out. 
8There is a global micro nutrient summit coming up in India. 
8What kind of buying behaviour is IFFCO's nano urea showing?
8HURL announces multiple vacancies. 
8CF Industries, one of the world’s largest producers of nitrogen fertilizer, is getting into low carbon urea.
8MCFL has been optimizing its performance. 
8This crop protection company has an asset light model.

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8The steel company envisions significant growth potential in its current facilities, aiming to expand and achieve a capacity of 40 million tonnes in India by 2030, nearly doubling its existing capability in the country

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8Chinese steel prices were pressured by weak demand signals, while Indian steel mills saw increased exports and a positive global demand outlook

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8The steel company envisions significant growth potential in its current facilities, aiming to expand and achieve a capacity of 40 million tonnes in India by 2030, nearly doubling its existing capability in the country

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8Turkey's steel industry grapples with excess capacity and supply-demand imbalance, urging the need for measures to address the situation while adapting to international trade dynamics

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8Japanese rubber futures were on track for a fourth consecutive day of decline, reflecting the downward trend in the Shanghai market due to cautious investor sentiment caused by weak economic data

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8Malaysian rubber glove manufacturers are expected to see an upturn in the second half of the year despite facing continuing challenges in raising their average selling prices

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Gain insights the performance of the following companies
 8APL Apollo Tubes
 8Deepak Nitrite
 8Navin Fluorine
 8Saudi Aramco
 8Indag Rubber Ltd
 8Mitsui Chemicals
 8Asian Paints

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8The chemical industry is going to be worth a massive US$ 383 billion by 2030.
8This is not a mean achievement
 Find out what is fuelling its growth

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8The Indian textile and apparel industry is expected to grow at 10% CAGR to reach US$ 190 billion by 2025-26

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