News & Bulletin Updates

Ammonia-V Revamp Project
8Cost: 102 Cr.
8Project EventConstruction as well as procurement is ongoing. The project is likely to be completed in October 2023.
Ammonium Nitrate Melt Greenfield Project
8Cost: 188 Cr.
8Project Event: Tender for Civil work contractor is likely to be released in January 2023. L&T Hydrocarbon is the LSTK contractor who does the Process license, Supply of Basic Design., Detailed Engineering, HAZOP Studies, and implementation of its recommendation., Procurement, and Supply of all equipment.

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8Rs 400 crore Greenfield Common User Facility (CUF) at Berhampur (IOCL)
 Find out which contracts have been awarded so far
8Paradip LPG Import Terminal Expansion Project (IOCL)
Cost has come up sharply, and commissioning has been delayed too

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8Two plants with manufacturing capacities of 60 million bottles each would take the country’s annual production capacity of nano urea to 170 million bottles by 2023, which is equivalent to 7.5 MT of urea.

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December 14, 2022 saw a rise in naphtha prices in Japan and Europe on account of positive buying trends in the respective countries

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On December 14, 2022 the price of crude oil in the US Gulf increased to $75.39/barrel (FOB) as compared to $73.17/barrel registering a rise of $2.22/barrel.

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PVC prices in the international market remain unaffected December 14, 2022 reflecting no price change from its previous close.

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Petrochem sources reported a significant fall in caprolactam prices in the Mumbai market.

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Petrochem sources from Ahmedabad have reported a significant rise in  Pp (polythene scrap) prices.

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Butyl rubber grade 1240 prices registered a rise in the domestic market of Mumbai.

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DINP prices were marginally high in the Ahmedabad market today.

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Anionic surfactant prices in the Mumbai market registered a fall today.

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On December 14, 2022 PEG prices were up in the Ahmedabad market.

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PBR grade GP01 prices were reduced in the Delhi market today.

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A rise in glyceryl monostearate 40% prices in the Ahmedabad market was noticed today.

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Petrochem sources from Ahmedabad have reported a significant rise in N butyraldehyde prices.

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A significant fall intrimethylolpropane prices was recorded in the Mumbai chemical market today.

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Silver prices were assessed higher in the Mumbai market today.

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Petrochem sources have reported a fall in rhodium prices in the Mumbai market.

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A cut in ferro silicon prices in the markets of Delhi and Mumbai was recorded today.

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On December 14, 2022, Petrochem sources reported a fall in refrigerant R134a prices in the Mumbai market.

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A fall in aluminium fluoride prices in the domestic market of Delhi was recorded today.

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On December 14, 2022, anhydrous hydrofluoric acid prices were pushed higher in the Mumbai market.

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Petrochem sources from Delhi reported a rise in di calcium phosphate prices today.

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Sodium tripolyphosphate prices were quoted lower in the Delhi chemical market today.

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Petrochem sources from Delhi have reported a significant rise in methylcyclohexane prices.

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