News & Bulletin Updates

8Chemplast Sanmar Ltd has been granted an all-India licence

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8This company has developed the industry's first silicone film-forming emulsion

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8Banshali Engineering Polymers Ltd has posted lower profits for the previous quarter

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8Bodal Chemicals has successfully completed the technology upgradation of the Rajpura unit in Punjab

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8This high-tech film producer starts a new production plant in India

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8Sumitomo Rubber Industries Ltd (SRI) has claimed a major breakthrough in synthesising biopolymers through a selective polymerisation process

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8Tire manufacturing plant shutting down in the UK

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8The Michelin Group has outlined how it is 'transforming' its tire production operations in response to a range of environmental, technological and human-resource challenges

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8Yokohama Rubber Co. is doing a new branding operation

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8Find out what the minister is saying in signed articles

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Oct 17, 2022: Daily import matrices

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8Chemicals
8Crude
8LNG
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Phthalic anhydride prices firmed up in Delhi in anticipation of tight regional product avails and improved buying sentiments.

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On October 17, 2022 ABS prices have been reported to be unchanged for South Korea, FE Asia, South East Asia, India, NW Europe, and the US Gulf.

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PGME prices have moved higher today in Mumbai. 

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On October 17, 2022 Petrochem sources reported a significant fall in pine oil prices in the Ahmedabad market.

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8This Israeli LNG project has been of interest to India

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There is a cap on prices for petroleum products now
8Price capping is also a problem in the power sector, where sometimes super normal profits are reaped
8And players are acutely aware of the issues at hand. Similar discussions are strangely lacking in the oil & gas sector

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8GAIL is working on the connectivity of this particular LNG terminal
8Also, know more about why there is more certainty over this terminal's capacity to deliver on its promise?

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8This Israeli LNG project has been of interest to India

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Extruders are an important part of a polypropylene plant
8And they are expensive
8So why were orders given by three extruders and then withdrawn, for a total of three PP plants?

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There is more bad news ahead for oil importers
8US Shale oil output may peak in 2024
8And that will mean that the US may not be able to work as a swing producer

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8ONGC may not get deepwater drill ships at a cheaper price
So did it make a mistake cancelling an earlier tender?

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Honeywell has a spate of high-technology products that are of interest to the oil & gas sector
8Some of them have not made their inroads into India, it seems

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GX has a wish list of its own for the gas sector
8And some of it coincides with the demands of the gas suppliers
8Some don't

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Ammonium Nitrate Greenfield Project
8Cost: 300 Cr.
8Project Event: RFQ for the hiring of an LSTK contractor is out, and the bid due date has been extended from 10 October to 30 Nov 2022
Ammonium Sulphate Expansion Project
8Cost: Rs Cr.
8Project EventAll the engineering activities are completed and procurement and construction activities are in progress. RFQ for the LSTK contractor is likely to be released in at the end of October 2022. The final EIA report has been submitted in February 2022. The company will execute the project on its own, without involving any external technology supplier and it shall be using its available in-house expertise and resources

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