News & Bulletin Updates

The dynamics which determine the usage of liquid fuels and gas are always shifting.
8And alternate fuel usage costings are important parameters to watch out for.
8India focus is on ethane, RIL imports vast quantities and now GAIL is trying to follow on GAIL's footsteps. 
8In Morbi it is mostly propane that is used.
8Even between, say ethane and naphtha for example, the economics keep shifting.
8Currently, the spreads are favouring naphtha use over the last six months.
8Costly propane could enable feedstock switching as operators of flexi-crackers — chemical production units that can switch between naphtha and propane as a feedstock — aim to maximize the use of naphtha. Interestingly however, ethane is what is sought to be imported by GAIL and is imported by RIL, and ethane prices are usually lower than propane.
8Gas sellers need to keep these facts in mind in India as gas is a substitute too in India's dual feed furnaces
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Gas is cheap in the US.
8So the US cannot be blamed for wanting to work with blue hydrogen as well as green hydrogen
8India at least does not have that compulsion, though coal gasification is being attempted but without much progress
8Using gas to make blue hydrogen is unviable
8Find out what kind of pitfalls the US is facing on this front
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2022 was a bad year for the Indian gas industry
8Is 2023 going to be any better?
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Sulphuric Acid Greenfield Project
8Cost:Rs 100 Crore
8Project Event:The project is in the initial phase, the company is planning to hire a PMC contractor in April 2023, RFQ for the LSTK contractor is likely to be released in May 2023.
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: Rs 200 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released in April 2023 now due to delay in the internal discussion. The company has elicited the environmental clearance for the project in April 2022.

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8Project Name: Krishnagiri Coimbatore Natural Gas Pipeline (KKBMPL-II) (GAIL)
An update
8Project Name: Sitarganj LPG Bottling Plant.

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Rs. 4446 crore greenfield pumped storage project: RFQ coming up
8Detailed design and drawings of the project have been completed
8PMC has been selected.
8RFQ for the civil works package is likely to be floated in Q2 2023.
Rs. 550 crore greenfield hydroelectric power project: PMC package
8Drilling and drifting works at the site are in progress.
8Hydrology report is in progress.
8RFQ for the PMC package is likely to be floated in April 2023
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Get here the cotton prices for today
8China Cotton Index : 28-02-2023: 15390 Yuan (Changed: -49)
8Karachi Cotton Association Spot Rate: 23-02-2023: Pak 20035 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future-CottonCndy : 23-02-2023: Apr : 2023 : Rs. 63640 (Changed: +440 )
8NYBOT- Cotton Future: 28-02-2023: Mar : 2023 : $ 84.19 (Changed: -0.81)

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This relatively new E&P player from the private sector has big ambitions
8In all it will probably end up drilling a 100 wells over time
8That a big deal
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8The US ministry of commerce has not found India guilty of the accusation that certain welded carbon steel standard pipes and tubes (pipe and tube), completed in Oman and the United Arab Emirates (UAE) from hot-rolled steel (HRS) produced in India, thereby circumventing the antidumping duty (AD) order on pipe and tube from India.
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8In an interesting turn that can have serious implications, US off-the-road (OTR) tire maker Titan Int. and the United Steelworkers (USW) union have called for import restrictions on competitive products from India due to their links to Russia.
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8Sumitomo Rubber Industries (SRI) has joined the Global Data Service Organisation (GDSO) to help it more closely align with industry standards for tire traceability.
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8Celanese Corp. is increasing prices for its copolyester-based thermoplastics elastomers (TPCs), effective 15 March.
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8The Goodyear Tire & Rubber Company introduced RangeMaxTM RSD® EV, Goodyear’s first electric vehicle-ready tire compatible with EV and gas- or diesel-powered regional work vehicles.
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8Freudenberg Sealing Technologies can now validate the superior performance capabilities of the intelligent seals it has under development.
In addition to their core function, these seals can handle tasks such as sensor applications and monitoring their own state of wear.
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8Hardik Textiles
8Shree Khodiyar Oil Industries
8Chennai Textiles
8Krishna Antioxidants
8Scottish Chemical Industries
8Kedar Metals Private
8Coating and Coatings (India) Pvt. Ltd
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8Anupam Rasayan India Ltd is a company to watch
What are the takeaways out of an interaction with the management?
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8Shell will be the technology provider for SMPO, PODer and EOEG for the Phase III expansion of CNOOC and Shell JV, CSPC.
The expansion is massive, and includes a new 1.6 million tons per annum cracker, creating one of the world’s largest and most flexible integrated complexes.
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8Australia is a big market to sell chemicals in
Get into a discussion on how to do business there
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Mar 01, 2023: Briefs

8Nirmala Reddy is no longer a director in Rain Industries
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Mar 01, 2023: Daily rubber prices

8Get the daily rubber prices in Singapore
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8Pagan Paints and Chemicals Pvt Ltd is engaged in the manufacturing of automotive and industrial paints (like epoxy paints & primer, thermosetting acrylic paints, top coat finishes, acid & alkali proof coating etc.), metal pre-treatment chemicals (like degreasing & derusting chemicals, heat treatment salts, blackening salts, chromatizing/ chrome free chemicals, rust preventive oils etc.) and powder coatings (like pure epoxy and polyester).
But how is it really doing?
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8This global company has entered into an agreement to produce industrial quantities of innovative, sustainable silk proteins. The silk can be used in a broad range of applications including high-quality fashion, smart materials in automotives and medical devices.
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8The role of bio-based textile fibres in a circular and sustainable textiles system cannot be under estimated
Here is a full footprint on how to make this entire effort sustainable
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8About 149 units have been identified for Renovation & Modernization and Life Extension (R&M/LE) works
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Glycerine Ip prices have risen today, according to Petrochem source documents in Delhi.

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