News & Bulletin Updates

On 15 February  2023, petrochem sources reported that phosphoric acid 85% of food-grade prices have slightly declined.

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Phosphorus acid prices have witnessed a cut in the Mumbai market.

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HDPE (edible oil can) prices have witnessed a marginal fall in the Mumbai market today.

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Petrochem sources from Mumbai have reported a rise in styrene-acrylic latex prices today.

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An elevated trend is noticed in absolute ethyl alcohol 99.90% prices.

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Petrochem sources from Ahmedabad have reported a significant rise in zinc oxide 99.90% prices.

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On Feb 15, 2023, pure acrylic emulsion prices were pushed much higher in the Ahmedabad market.

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On February 15, 2023, Mumbai witnessed a fall in C5 grade and fine C5 prices.

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A fall in TOTM prices in the chemical market of Mumbai was recorded today.

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A rise in wet slurry prices in Ahmedabad.

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Petrochem sources from Mumbai have reported a significant rise in dry pulp prices.

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Petrochem sources reported a significant fall in tricyclazole by 97% in the Mumbai chemical market.

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A cut in triazolone prices was reported in the imported market of Delhi.

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Petrochem sources from Ahmedabad have reported a rise in hexaconazole prices.

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Chlorpyrifos prices witnessed an increase today.

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In the face of tepid demand increase, GAIL's pipeline network has a capacity utilization of a mere 50%
8But this rival network will see volumes and in turn capacity utilization spurt over the next few years
Click on Details for more.

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A sharp rise was recorded in thiamethoxam (97%) prices in Mumbai.

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On February 15, 2023, Petrochem sources confirmed that cyclohexane prices had risen in the Mumbai market.

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Petrochem sources from Mumbai have reported a huge rise in acetonitrile prices.

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An increase in acetone prices has been noted in Mumbai today.

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Megha Engineering was Rs 200 crore off the mark from the L-1 bidder, it came L-4 in this refinery tender
8But a rival Hyderabad company, willing to take all the risks, came out on top
8So there is something about Hyderabad when it comes to risk taking appetite and intense ambition to keep growing
Click on Details for more

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Two new terminals are coming up:
8Greenfield Common User Facility (CUF) at Berhampur (IOCL)
8Greenfield POL Terminal at Hinauti (IOCL)
Click on Details for more.

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A pipeline replacement plan has a lot of punch points.
8And there is a big vendor base involved.
8Here is a forthcoming $350 million job. Find out if you are an offshore vendor how exactly can you play a role with the winning EPC bidder?
Click on Details for more

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 NPK Fertilizer Expansion Project
 
8Cost: 190 Cr.
 
8Project Event:RFQ for the LSTK contractor is likely to be released in Q2 2023.

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After years of reluctance, there is a lot of interest in ammonia-urea projects in the country.
8But when Chambal Fertilizers built a new project and began making money, the attitude changed.
8We wrote about one Rs 7000 crore investment planned by an experienced player yesterday
8Here is another player who is now making progress in moving its Rs 5000 crore (earlier estimate) project ahead after sitting on it for a long time
Click on Details for more

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