On December 9, 2022, DEG prices were pushed higher in the Hazira market.

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

A significant fall in NPAC prices was recorded in Kandla today.

C9 solvent prices have escalated in the Mumbai market today.

Phthalic ahydride prices were assessed lower in the Kolkata market.

On December 9, 2022, acetonitrile prices were assessed much higher in the Mumbai market.

8Ammonia prices are correcting rapidly
Find out what is going on

There is a growing realization now in the government that there is no alternative to global tendering for oil & gas equipment.
8The Indian market is too small, and the equipment required is too specialized for Indian companies to make in India

8What is the real status of another urea tender for India?

The PNGRB has introduced some key gas tariff reforms
8All of them are big positives for those involved in segments
Find out to see what kind of an impact this will have

ONGC has some challenging litigation coming up against
8Megha Engineering
8ENI
8Dynamic Drilling

8Here is a bunch of CGD vendors you can tap into should you have a requirement

Phosphoric acid Expansion Project
8Cost: 500Cr.
8Project Event: The technical evaluation is still ongoing, DE Smet Agro and Desmet ballestra are in the race for Pre-qualification of Vendors for End to End study, financial bids are likely to be opened at the end of December 2022. The finalization is likely to be completed in January 2023. RFQ for the LSTK contractor is likely to be released in January 2023
Nitric Acid Plant Expansion Project
8Cost: 200 Cr.
8Project Event: The project is waiting for environmental clearance, RFQ for the contractor is likely to be released in Q4 FY 2022-2023.
NPK Fertilizer Expansion Project
8Cost: 190 Cr.
8Project Event: The company has applied for an amendment in environmental clearance which is likely to be elicited in January 2023. RFQ for the LSTK contractor is likely to be released in Q4 2022-23 now, due to a delay in the internal discussion. The term loans from the State Bank of India and Export-Import Bank of India have been approved for financing the NPK project.
SSP-GSSP-NPK-Sulphuric acid Green Field
8Cost: 50 Cr.
8Project Event: The project is waiting for the environmental clearance, RFQ for the contractor is likely to be released in Q4 FY 2022-2023

Get an update on the following projects
8Krishnagiri Coimbatore Natural Gas Pipeline (KKBMPL-II)
8Krishnapatnam FSRU LNG import terminal
8Salaya - Mathura Crude Oil Pipeline Augmentation
8Bokaro - Angul Gas Pipeline Project

8Find out the latest port analysis, essential highlights and market overview

8The company manufactures unsaturated polymer resin which is majorly used in the composite industry

8The company produces performance chemicals and has sustained profitability margins higher than 25%

8Get the latest rubber prices for Singapore

8The companies will work together on a brand-new petrochemical complex in China

8Woodside Energy has entered into a gas sales agreement with Qenos for the supply of natural gas

8Find out the latest chemical and petrochemical CAPEX plans in India

8Outperformance is likely to continue for exports oriented players on the back of a robust demand scenario globally, remunerative crop prices and better realisations led by price hikes in the recent past

8The EU agreed on a new law to prevent companies from selling into the EU market soy, beef, coffee and other commodities linked to deforestation around the world

8North East Mission of Tyre Industry for Rubber Augmentation (NE MITRA) will expand rubber plantations in Nagaland

8China’s stock market was 0.12% higher