News & Bulletin Updates

8Project Name: Salem  District City Gas Distribution
8Project Cost: Rs 300 crore.
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8Project Name: Jagtial, Peddapalle, Karimnagar & Rajanna Sircilla Districts City Gas Distribution
8Project Cost: Rs 300 crore.
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8TOR has been granted
8RFQ for the DPR consultant is likely to be floated in May 2023.
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8TOR has been granted
8EIA consultant has been selected.
8RFQ for the DPR consultant is likely to be floated in May 2023.
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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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8Dow has chosen Linde to design and engineer a large air separation and auto thermal reformer complex in Canada for its net-zero carbon emissions project

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8A brand-new, state-of-the-art compounding factory was officially opened by DOMO Chemicals, a world leader in engineered materials, at its Indian location

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