8Amara Raja Batteries and the Government of Telangana have signed an MoU for the project

8LG Chem will launch a new acrylonitrile butadiene styrene product using plant-based raw materials, with the first batch being supplied to US toy manufacturer Mattel

8R&D on making petroleum-free petrochemicals is making strides. But the scale-up may come too late to meet urgent climate change goals

8The void prediction technology takes into consideration changes in variables including temperature and pressure during the resin solidification process

8The company is also planning to build 50,000 tonnes/year plant in Russia

8With commissioning scheduled for 2024, the flexible line will produce 15,000 tonnes/year of polypropylene compounds containing up to 100% recycled plastic

8LyondellBasell and Audi collaborate on creating seatbelt buckle covers from waste

The list of materials includes:
8Benzene - 216 MT
8Toluene - 24 MT
8LSO - 24 MT
8Sol-110 - 24 MT
8HCB - 30 MT

Here are new projects worth Rs 1200 crore in the fertilizer sector
DAP/NPk Fertilizer Greenfield Project
8Cost: 915 Cr.
8Project Event:  The owner has submitted the proposal for the Term of Reference in Jan 2022, Consent has been elicited. The final EIA report preparation is ongoing, The proposal for the environment clearance is likely to be submitted in March 2023.
Nano DAP Greenfield Project
8Cost: 325 Cr.
8Project Event: The company submitted the proposal for the term of reference in Oct 2022, which was granted in Nov 2022. RFQ for the contractor is likely to be released in Q4 FY 2022-2023

Get updates on the following:
8Greenfield Common User Facility (CUF) at Berhampur (IOCL)
8Paradip LPG Import Terminal Expansion Project (IOCL)

Rs 5404 crore greenfield  pumped storage project: Locals have started protests against the project
8Techno Economic Clearance (TEC) of the project has been granted
8Forest clearance stage 2 is pending at the DFO
8Villagers and tribal people have started protests against the development of this project and 800 acres of land for R&R activity
8PMC has been selected for the project.
8RFQ for EPC package for civil and HM work is likely to be floated in Q1 2023
Rs 4766 crore greenfield  pumped storage project: PMC package in January 2023
8Geotechnical investigation and topographical survey have been completed.
8Approval from CWC has been obtained for the hydrology report.
8Forest clearance stage 1 is pending at the DFO
8RFQ for the PMC package is likely to be floated in January 2023
Rs 11800 crore greenfield  pumped storage project: Civil works in the second half of Q1 2023
8TEC of the project has been approved by the CEA
8CWC has approved the hydrology report of this project.
8RFQ Civil works package is likely to be floated in the second half of Q1 2023
Rs 653 crore greenfield  hydroelectric  project: EPC package in Q1 2023
8EC has been granted for the project.
8Private land acquisition has been completed.
8Forest clearance stage 2 has been approved by the DFO
8RFQ  for the EPC package for civil and HM works is likely to be floated in Q1 2023
Rs 1800 crore greenfield  pumped storage project: PMC package in January 2023
8EC of the project is yet to be approved by  MoEF.
8Forest clearance stage 2 and wildlife clearance are yet to be approved by the MoEF.
8RFQ for the PMC package is likely to be floated in January 2023
Get in touch with us for more on these project

8Get a full analysis of why gas prices in the US will stay high till 2025
8Also get the latest LNG import data here
8Also, get gas price projections quarter-wise for the next year 

8One Sulphur shipment is coming on 5 Dec 2022
8One MOP shipment is coming on 7 Dec 2022
8One Rock Phos shipment is coming on 8 Dec 2022

Get the full green hydrogen story for India here
A total of 32 projects have been announced
822 have moved beyond the initial stages
8Remaining projects are in the planning stage, the majority of which focus on ammonia exports
8Projects are emerging across India varying by the end-use application
8The cost of hydrogen will have to come down by half for large-scale adoption in India. So far phase-I of government policies has come, how much will it reduce the cost?
8When will phase II come and what will it contain?
8What about electrolyser tie-ups? How many have come up?

How is the ammonia market behaving worldwide?
8Are prices drifting lower?

A steady rise in electrolytic copper rod is seen in the Ahmedabad market.

On December 5, 2022, Petrochem sources reported a fall in styrene momomer prices in the Kolkata market.

A significant fall in phthalic anhydride prices in the Chennai chemical market was reported by Petrochem sources today.

A sharp fall in C9 solvent prices in the imported market of Kolkata was recorded today.

A rise in dimethyl sulfoxide prices in the Delhi market was noticed today.

An elevated demand trend is noticed in pine oil prices.

Petrochem sources from Mumbai have reported a significant rise in glyceryl monostearate 40% prices.

An elevated trend is noticed in zinc oxide at prices.

On December 5, 2022 rhodium prices were pushed higher in the Mumbai market.

Petrochem sources reported a cut in spiral pipe prices in the Mumbai steel market.