8China National Offshore Oil Corp. (CNOOC) and Shell Petrochemicals Co. Ltd (CSPC) will add a new 1.6 million tpy cracker where Shell Catalyst & Technologies (SC&T) the technologies and catalysts
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8The chemical industry is one of the most polluting in the world.
That fact that it needs to de-carbonize is something that no one can run away from.
A landmark report provides the feasible pathways to navigate the transition to net zero emissions in the ‘decade that matters’ between now and 2030.
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8Get the latest rubber prices for Singapore.
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8By signing the Conditional Shares and Purchase Agreement (CSPA) with Chandra Asri Petrochemical (Chandra Asri) through its affiliate in February 2023, Krakatau Sarana Infrastruktur (PT KSI), a division of Krakatau Steel (Persero), has legally transferred to Chandra Asri 70% of Krakatau Daya Listrik and 49% of Krakatau Tirta Industri for a total of Rp 3.24 trillion.
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8SK Inc Materials will partner with ExxonMobil in the blue ammonia sector as part of their strategy for a lower-emission future. The parties have signed a Heads of Agreement (HOA) for SK Inc Materials to pursue the offtake of blue ammonia from ExxonMobil's proposed low-carbon hydrogen plant at its USA-integrated complex.
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8The polymer company will build what will be the largest Thermoplastic Polyurethanes (TPU) plant in China. The expansion will be completed in three stages, the first in late 2025 and the last in 2033, with a cumulative capacity 120,000 tonnes of TPU per year after the last phase of construction. With a total expenditure in the low three-digit million Euro area, it will also be Covestro’s largest investment in its TPU business.
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Urea Reactor (R1) and Carbamate Condenser Unit Revamp Project
8Cost: 200 Crore
8Project Event: Tender for IBR approved Carbamade Condenser has been re- released and bid due date is 10 March 2022. The previous tender has been cancelled due to some internal reason. Dynite Engg and Contractors, Jyotsna Enterprises, Larsen & Toubro, Shilpi Engineering were in the race for the supply of Urea Reactor and Carbamate Condesor.
Ammonia-V Revamp Project
8Cost: 102Cr.
8Project Event: This is under active contracting, click on Details for more

8Project Name: Udhamsingh Nagar District City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details

8Project Name: Daman District City Gas Distribution
8Project Cost: Rs 250 crore.
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Rs 4508 crore greenfield hydroelectric project: Civil works delayed
8Approach construction has been completed.
8TRT construction has been delayed due to geological difficulty.
8RFQ for the HM works package is likely to be floated in April 2023
Get in touch with us for more on these project

Steel sources claimed that stainless steel sheet Grade 316L/2B 0.5mm prices were rising in Mumbai, owing to increased crude oil costs as a result of Western sanctions on Russia's exports.

Angle steel prices are rising in Mumbai, and according to steel sources, they are expected to rise much more.

DMC prices increased in the Delhi chemical market today.

Petrochem sources reported a decrease in PVA 24-88 pricing in the Mumbai market on February 28, 2023.

An elevated trend is noticed in SBR grade 1502 prices.

Manganese sulfate prices in Mumbai have firmed in anticipation of limited regional product supply and improved purchasing attitudes.

Manganese oxide prices fell significantly in the Ahmedabad metal market today.

Today's silica sand prices in Ahmedabad were judged lower.

Today's Ldpe (glucose bottle scrap) pricing in the Delhi recycling market was judged lower.

Hdpe (drum) costs have risen significantly, according to Petrochem sources in Delhi.

According to petrochemical sources, nickel sulfate prices in the Mumbai market fell by 22%.

According to Petrochem sources, brilliant copper prices in the Mumbai metal market have dropped significantly.

According to petrochemical sources, zinc scrap prices in the Delhi market have dropped dramatically.

In the Ahmedabad market today, silver prices have fallen somewhat.

Today saw a decline in the price of indium ingots in the Delhi market.