This big chemical company says that it is looking at the following projects
8Naphtha based cracker with downstream chemicals
8Polycarbonate
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8IOCL finds itself among the world's top polluters
How is that?
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8There are two refinery packages opening very soon, so there is likely to be a lot of action within this month
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8Shelf Drilling has been able to get some of its rigs re-contracted with ONGC
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8A bidder goes to the Independent External Monitor against a tender issued by Oil India Ltd
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This oil field service provider makes has an attractive profit margin
8On sales of 60 crore in a quarter, you make a net profit of Rs 17 crore
8That pretty neat
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This big fertilizer company says that it is looking at the following new projects
8Naphtha based cracker with downstream chemicals
8Polycarbonate
Also, it said that the government has been quick with dispensing subsidies, shoring up the bottom line as a result
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8Contracting activity is expected to start soon on another LNG terminal
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8One Rock Phos shipment is coming on 14 Nov 2022
8One DAP shipment is coming on 18 Nov 2022
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This gas supplier has significantly lower volumes to show for Q2 in comparison to the previous quarter
8But what explains the fact that as turnover has slipped, profits have gone up
8Clearly, despite a shrinking market, it is unwilling to give up on its margins
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Ammonia -Urea Maintenance Project
8Cost: Rs 30Cr.
8Project Event: Balaji Engineering, Boiler Tubulars, Chandan Steel, ISSCO and Balaji Enterprises are in the race, the technical evaluation is ongoing, financial bid is likely to open at the end of November 2022. The company is likely to take an annual shutdown for Urea plant in December 2022, RFQ for the maintenance contractor has been out which bid due date is 15 October 2022
Ammonium Nitrate Melt Greenfield Project
8Cost: Rs 88 Cr.
8Project Event: RFQ for the Misc Civil jobs pertaining to Ammonium Nitrate Project has been cancelled. The tender is likely to be re-released at the end of November 2022. L&T Hydrocarbon is the LSTK contractor who will supply 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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Rs 21400 crore greenfield super thermal power project stage-1: Absorber system package in December 2022
8Erection of SG work has been delayed due to multiple leakages from the reheater tube.
8Re-tendering is yet to be started for the SG package.
8RFQ for the absorber system package is likely to be floated in December 2022.
Rs 11150 crore greenfield pumped storage project: Civil works package in Q1 2023
8The forest clearance stage 1 has been granted but stage 2 is pending at the nodal office
8PMC has been selected for the project.
8RFQ for the civil works package is likely to be floated in Q1 2023.
Rs 350 crore construction of 400 KV D/C project: T/L work in December 2022
8Approval from PTCC, Civil aviation, and defense have been granted.
8Erection and installation of substations are in progress.
8Bid evaluation is in progress for the P/S works.
8RFQ for the T/L work is likely to be floated in December 2022.
Rs 11500 crore greenfield pumped storage project: HM works package in Q1 2023
8EC, FC, and WL clearance has been obtained.
8The bid evaluation is in progress for EM works.
8RFQ for the HM works package is likely to be floated in Q1 2023
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The EIL CMD Vartika Sukhla is not wasting time on this mega project
8Work has begun already with a kick-off meeting slated for today
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8Both Shell Hazira and PLL's Dahej terminal are facing "serious" tank top problems.
8What could be causing it in a scenario where import cargoes are coming in slow?
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GAIL has had a bad quarter
8How long will the dullness continue?
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This desi rig company has sold off its most of its assets
8But still continues to struggle
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A steady rise in maleic anhydride prices was noticed in the Ahmedabad market.
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On November 11, 2022, Petrochem sources reported a fall in zinc oxide prices in the Delhi market.
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A significant rise in demand has lifted electrolytic copper rod Grade (99.95%) prices in the Mumbai market.
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On November 11, 2022 silica sand prices were pushed higher in the Delhi market.
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A rise in demand has lifted manganese sulphate prices in the Mumbai market.
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Styrene-acrylic latex prices were quoted lower today.
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Thermoplastic elastomer prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.
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POP polyether prices were assessed lower in Mumbai today.
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A steep rise in demand has lifted dimethyl sulfoxide prices in Ahmedabad.
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