8With the majority of the construction on a propylene recovery plant finished, Nayara Energy, a downstream energy business that runs a 20 million tonne per year oil refinery at Vadinar in Gujarat, has followed a phase-wise asset development approach to join the petrochemicals industry

8Devulcanising crumb rubber from scrapped tires to mold newly designed goods provides a solution to the massive and rising ecological challenge of discarded tires, as well as a path to a true circular economy for thermoset rubbers

8With one of the biggest refinery-integrated petrochemical steam crackers in the world, S-OIL intends to create a $7 billion petrochemical project in Ulsan that will enable the long-term, reliable supply of petrochemical building blocks to Korea and other countries

8The Directorate of Industries, Export Promotion Cell, Maharashtra State to award exporters from Maharashtra who has contributed significantly to boosting exports

8Chemical Process Equipment Private Limited (CPEPL) continues to demonstrate vast management experience, as well as a long track record of operations in the Fibre Reinforced Plastic (FRP) / Glass-fiber Reinforced Plastic (GRP) industry, as well as a diverse and reputable clientele base with a history of repeat orders from them. The ratings also take into account the robust order book position, which provides medium-term revenue visibility as well as moderate leverage and debt coverage

8Sah Polymers Ltd., a firm that manufactures and sells woven sacks, HDPE/PP woven textiles, and polypropylene (PP)/high-density polyethylene (HDPE) FIBC bags, kept a Net-Debt/Equity ratio during FY20-22

8The highly-popular family SUV fitted with 19-inch tires will be produced in Korea

The company has completed the development of tires for use in dry conditions and will continue developing tires for wet conditions with the aim of supplying them from 2023.
8The dry condition tires being supplied by Yokohama use natural rubber and various naturally derived  compounding agents including oil produced from oil palm nuts and orange peels, as well as recycled iron, rubber recycled from waste tires, and synthetic rubber

8The company has switched off one of its furnaces with effect from 1st January 2023 for an indefinite period due to a steep increase in power costs

8The partnership firm is in the ship-breaking business on a plot of 61*82 square meters leased out by the Gujarat Maritime Board

8Producing at its rated capacity level, production increase has been to an extent of 18 percent over November 2022

With the new executive chairman in place, wholesale changes are in the offing in ONGC
8And it will change the core of the company in more ways than one

Afcons has been going through a troubled phase
8It is now re-imagining itself

8Will the provision of integrated services along with a supply of rigs become more the norm than the exception for the E&P sector?

The pros and cons of getting a ship outfitted to be powered by LNG is never been more spark
8Here are two sides of the story

Rs 925 crore greenfield hydroelectric project: Bid evaluation is in progress
8PMC of the project has been selected.
8Pre-bid meeting is yet to be conducted for the civil works package (lot-1&2)
8RFQ for the HM works package is likely to be floated by Q2 2023.
Rs 1595 crore greenfield hydroelectric project: RFQ ahead for EM package
8Forest clearance stage-1 and stage-2 have been approved by the DFO.
8Civil work contractor has completed the mobilization of equipment at the site.
8RFQ for the EM works package is likely to be floated by Q1 2023.
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Petrochem sources reported a fall in acrylamide prices in the Mumbai market.

On 3 January2023, a fall in dicyclopentadiene 82% prices in the Ahmedabad chemical market was reported by Petrochem sources.

OnJanuary 3, 2023, silver prices were pushed higher in the Mumbai market.

Rhodium prices have further improved in the market of Mumbai.

Rubber acceleratorgrade CZ prices registered a rise in the domestic market of Delhi.

Petrochem sources from Mumbai have reported a significant rise in absolute ethyl alcohol99.90% prices.

Petrochem sources from Delhi have reported a rise in lauric acid prices.

Petrochem sources reported a cut in zinc oxide 99.90% prices in the Ahmedabad chemical market.

A cut in glycerine prices was recorded in the Ahmedabad chemical market today.