The RIL-BP auction for 6 mmscmd of KG Basin gas was completed today.
8A new system of allocation was evolved by RIL over and above the priority sector allocation mandated by the government.
Find out how it went

8The EIA consultant has been selected.
8RFQ for the SIA consultant is likely to be floated in June 2023
 Click here for more details

8The forest clearance stage 1 is under process at the nodal office.
8RFQ for the drilling and drifting works is likely to be floated in May 2023.
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8TOR has been granted.
8Bid evaluation is in progress for the EIA package.
8RFQ for geotechnical investigation and topographical survey is likely to be floated in May 2023
 Click here for more details

8Project Name: Jaunpur and Ghazipur District City Gas Distribution
8Project Cost: Rs 250 crore

Bulandshahr District City Gas Distribution
8Project Cost: Rs 350 crore

Ammonium Nitrate Melt Greenfield Project
8Cost: 188 crore
8Project Event: L&T is the contractor but one RFQ was cancelled
Nitric Acid Plant Expansion Project
8Cost: 200 crore
 Project Event:The bid due date for the end to end study of the Mono Medium and Mono High Pressure Nitric acid plant has been extended from 12 April 2 May 2023, due to lack of bidders. Before this Alvigo S, Casale SA, KBR LLC, and Thssenkrupp was in the race for Nitric acid plant for capacity enhancement .

8Domestic crude steel output is at an all-time high, improving attitudes across Europe, and low coal prices have kept the flat steel markets afloat

8The steel industry is a major carbon emitter due to its reliance on fossil fuels
 8However, this year has seen several initiatives aimed at greening the industry, which could be a game-changer for the future

8Get a comprehensive analysis of the industry's present and future potential, including growth, size, revenue, and competitive landscape

8Ship recycling slowed for Easter, few ships for sale, buyers interested, no price drop seen, quiet period to continue due to holidays

8Apollo Tyres is preparing for sustainable mobility solutions with the development of passenger vehicle tires made of 75% sustainable materials, following their production of sustainable agri tires

8ChemSpec North America and its subsidiaries achieved ISO certification, demonstrating their ability to meet high-quality standards

8Maxam Tire has added four all-steel radial series to its construction tire lineup which offers superior benefits for skid steer, backhoe, and compact wheel loader applications

8Following the proper notice of technical regulations, the Ministry of Textiles announced the initiation of two quality control orders for 31 products in Phase-I, consisting of 19 geotextiles and 12 Protective Textiles

8Neogen Chemicals partners with MUIS for electrolyte manufacturing in India, targeting the lithium-ion battery market for electric vehicles

8Get the latest rubber prices for Singapore

8The vast majority of plastics cannot be recycled, and single-use plastics greatly contribute to the growing waste problem
 8The research emphasises the need of boosting recycling rates, increase recycled content, and working together to improve the quality of recovered materials

8ExxonMobil is building a 1.6 mtpa chemical facility in China to serve the growing market there, which will include a flexible feed steam cracker and 2.5 mtpa PE and PP units

8Innovative and eco-friendly toothbrushes are becoming increasingly popular, and sustainable materials such as TPEs are assisting in meeting customer expectations
 8KRAIBURG has partnered with Thailand’s top toothbrush maker to introduce their sustainable TPE compound, Thermolast R, into the toothbrush market

8Yokohama Rubber's motorsports tire production line in Mishima Plant now runs on renewable energy, aiming for carbon neutrality in motorsports by 2023

8The US has passed legislation to regulate advanced recycling in manufacturing facilities, allowing hard-to-recycle plastics to be remade into new products

8Green hydrogen is inefficient, difficult to contain, highly flammable, and requires larger and stronger fuel tanks for transportation due to its light weight when compressed or liquefied

The imported market of Delhi witnessed a decrease in the prices of triethanolamine today, which was caused by a surplus of the chemical combined with feeble demand in the region.

As per information from Petrochem sources, the prices of DOA in the Delhi market decreased on April 12, 2023, owing to an excess supply of the material, resulting in a drop in prices.