8The aim is to build a group with cumulative sales of over 100 million pounds

8The project will be conducted in two phases by 2028. The first phase will see the completion of a “gigafactory” already under construction n France

8Indian steel company plans to buyback equity shares

8JSW Steel reported its group combined crude steel production at 5.68 million tonnes for Q2 FY’23 registering a growth of 12% YoY

This Rs 4800 crore chemical plant has all the Indian oil & gas EPC companies excited.
8But how viable is it?

Here is a non-traditional company planning to put up a 3000 tonnes per day ammonia power plant
8The company is scouting for land in 3 to 4 different places in India
8And it is a different business model entirely

8An Indian EPC company has grabbed a country manager from a multinational oil & gas EPC outfit in India

Clearly, the international fertilizer market is undergoing a correction after prices went up to unprecedented levels
8What is correcting sharply is the urea price
8When is the next urea tender expected?

8Two Sulphuric acid shipments are coming on 13 October 2022
8One MOP shipment is coming on 16 October 2022
8One Rock Phos shipment is coming on 23 October 2022

Get an update on the following midstream projects
8Jodhpur Greenfield LPG Bottling Plant Project
8IOCL Captive POL LPG Jetty at Kamarajar Port – Chennai

Phosphoric acid Expansion Project
8Cost: Rs 500 crore.
8Project Event: The technical bid has been opened and evaluation is still ongoing, Two companies are in the race for Pre-qualification of Vendors for end-to-end study (find out who they are), Financial bid is likely to be opened at the end of October 2022 for this. The finalization is likely to be completed at the end of September 2022. RFQ for the LSTK contractor is likely to be released in November 2022.
SSP-GSSP-NPK-Sulphuric acid Green Field Project
8Cost: Rs 50 crore
8Project Event:  The project is under clearance, public hearing is likely to be started in December 2022, RFQ for the local contractor is likely to be released in January 2022

Rs 696 crore greenfield hydroelectric project: Civil works package(lot-2) in January 2023
8Forest clearance stage 2 is pending at the nodal office.
8CEA has approved the DPR for the project.
8Pre-bid meetings have been completed for civil works(Lot-1). Get the details of those who have attended the pre-bid meeting.
8RFQ for the civil works package(lot-2) is likely to be floated in January 2023
Rs 857crore greenfield hydroelectric power project: Civil works package(lot-1) in December 2022
8Wildlife clearance has been granted by the MoEF.
8SIA report is yet to be approved by the MoEF.
8Hydrology report has been approved by the CWC.
8Package-wise bids instead of EPC format
8RFQ for the civil works package (lot-1) is likely to be floated in December 2022.
Rs 6614 crore off-stream closed loop greenfield pumped storage project: DPR consultant in November 2022
8TOR granted by the MoEF
8The soil test at the site was completed.
8EIA/EMP consultant has been selected.
8RFQ for DPR consultants is likely to be floated in November 2022
Rs 108 crore construction of 220 KV Transmission line: S/S package in December 2022
8Forest clearance and land acquisition are pending due to issues related to an adjoining zoological park.
8Several meetings have been conducted with the state government
8Pilling works are in progress at the non -the forest area.
8RFQ for 220 KV GIS S/S is likely to be floated in December 2022.
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On October 11, 2022, Petrochem sources reported an increase in the prices of MEG in the chemical market of Mumbai.

On October 11, 2022, Petrochem sources reported an increase in the prices of butyl carbitol in the chemical market of Kandla.

Polystyrene sheet prices were assessed lower in the Mumbai market today.

Robust demand has lifted polymeric MDI Mr200 prices in the Mumbai market.

A sharp fall in electrolytic copper rod prices was recorded in Dehli today.

On October 11, 2022 Petrochem sources reported a fall in DTY grade 75D/72F prices in the Ahmedabad market.

Petrochem sources reported a cut in manganese sulfate prices in the Mumbai metal market.

Silicone oil grade Wacker 350prices registered a sharp fall in the imported market of Ahmedabad.

Petrochem sources from Delhi have reported a rise in abamectin prices.

Petrochem sources from Ahmedabad have reported a rise in emamectin benzoate prices.

Tricyclazole 95%  prices have witnessed a sharp fall in the Mumbai market.

Carbendazim (50%) prices registered a hike in the Delhi market today.