News & Bulletin Updates

Petrochem sources reported a massive fall in ortho-xylene prices in the Mumbai chemical market.

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8This desi company has renewed a long-term agreement for 2 products being supplied to a leading global agrochemical innovator customer, after a three-year contract manufacturing model

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8Steel start-ups can come here for mentorship and funding

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Nov 01, 2022: Chemical fair opens

8Chemical fair opening with much fanfare tomorrow

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8The Tata Group does another steel sector amalgamation

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Time Technoplast Ltd manufactures polymer products in India as well as in Asia and the MENA regions.
8It has operations in 21 locations across India and 10 locations overseas
8is a favourite with bankers and rating agents

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8PureCycle Technologies, Inc. and SK geo centric is building a polypropylene recycling plant in Asia

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8Sun Chemical won the Journey Award for the sustainability of its products and reduced environmental impact, as well as its sustainability information-sharing activities such as training, seminars, and social media posts

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This Japanese multinational opens up an innovative employee benefit scheme for same-sex partners in a push for a more diverse workforce.
8Diversity leads to greater productivity, it is a well-known fact

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The company operates in three broad business segments – surface finishing (accounted for 88% of revenues in FY22), engineering (9% of revenues in FY22), and shopping mall (3% of revenues in FY22). The surface finishing segment comprises of the chemicals, paints and oils division.
8The chemical division, it manufactures and sells chemicals required for metal finishing (electroplating chemicals), their intermediates, and other specialty chemicals

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Manjubhargava Cot Fibres Pvt Ltd is engaged in cotton ginning and pressing activity with a total installed capacity of 200 bales per day.
8So how is the company faring?

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8Get the daily Singapore rubber prices here

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There have also been some interesting developments on whether an LNG supplier can supply gas to a customer within the jurisdiction of a CGD entity
8It looks like quite a few issues get highlighted when digging up on the subject
8Clearly, the PNGRB has been restrained for now

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8Megha has bagged a prestigious project from an exacting client

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8There has been a major development on the issue connected with the end of the exclusivity period of city gas distribution projects
8The PNGRB has been challenged over its move, and there are further developments here

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Is there any glimmer of hope for the restart of work at the Mozambique LNG terminal in which the India trio of ONGC, OIL and BPCL are invested?
8There have been some developments

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GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8CostRs 48 Cr.
8Project Event: The company is talking with a local contractor, which is likely to be finalized in January 2023, EIA study has been completed, final proposal for the environmental clearance has been submitted in October 2022
DAP Expansion Project
8Cost: Rs 20 Cr.
8Project EventThe project has elicited capital approval as well as environmental clearance, RFQ for the  LSTK contractor is likely to be released in Q4 FY 2022-2023

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Rs 820 crore construction of 400KV Transmission line: P/S work is likely to be floated in December 2022
8Forest clearance stage 2 has been accorded by the DFO.
8Approval from Railway, Defence, PTCC, and Civil aviation has been granted.
8The soil test is completed and pilling and foundation works have been completed for the lattice tower.
8Land acquisition works completed for substation works and the contractor has been selected for the S/S works.
8RFQ for the P/S works is likely to be floated in December 2022.
Rs 2020 crore greenfield hydroelectric project: PMC package in December 2022
8The hydrology report for the same has been approved by the CWC.
8Forest clearance for the same is pending at the regional office.
8The geotechnical investigation and the topographical survey report have been approved by the GSI.
8The approach road construction was getting affected due to unfavorable weather conditions and critical geological terrain.
8RFQ for the  PMC package is likely to be floated in December 2022.
Rs 1512 crore greenfield multipurpose project: HM works in January 2023
8Civil work (lot-1) contractor has completed the mobilization of equipment at the site. Know who the contractor is
8Bid evaluations are in progress for the civil works package (lot-2). Get to know who the bidders are
8RFQ for the HM work is likely to be floated in January 2023 instead of Q4 2022
Rs 3000 crore greenfield hydroelectric project: Pre-bid meeting for EM work completed
8Forest clearance stage 1 and 2 has been granted by MoEF.
8The Prime minister has laid the foundation stone for the project.
8Boring work for HRT is in the initial phase.
8Pre-bid meeting has been completed for the EM work
8RFQ for the EOT crane package is likely to be floated in Q1 2023
Get in touch with us for more on these projects

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Deadlines have been set by the DOF
8Find out what they are

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8The sulphur market is moving in a different direction from the rest of the fertilizer market
Find out more

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Nov 01, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8Coal-Coke
8LPG
8All tankers
8Bulk and Dry cargo
8Port Update

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C9 Solvent prices have witnessed a huge fall in the Chennai market.

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On November 1, 2022, Petrochem sources reported a fall in styrene monomer prices in the Kolkata market.

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A sharp fall in VAM prices in the imported market of Ahmedabad was recorded today.

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Phthalic anhydride prices in the imported market of Chennai was assessed lower on November 1, 2022.

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