News & Bulletin Updates

8MMCL manufactures metallurgical cored wires, Ferro aluminum alloys, cored wire feeders, cast iron powder and aluminum master alloys

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8What is going on with what was India's largest tender for LNG?

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8Over 1 msmcmd of LNG is needed by a big buyer

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8The North East is now a region for plentiful E&P opportunities
8And vendors will have a series of RFQs coming up ahead

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ONGC's marine spreads may get stressed in the coming year
8And that may impact work
Find out how

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8There has been much to-and-fro over Sun Petro's integrated drilling tender
And it has been a learning process for both the bidders as well as Sun Petro

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Sulphuric acid Plant Greenfield Project
8Cost182 Cr.
8Project Event:  The project has elicited the environmental clearance in April 2022, RFQ for the LSTK contractor is likely to be released Q4 2022-2023. RFQ for the preparation of the Techno Economical Feasibility Report (TEFR) has been out, and is likely to be finalized at the end of December 2022.
Ammonium Sulphate Expansion Project
8Cost: 111 Cr.
8Project EventThe project has been elicited environmental clearance in April 2022, All the engineering activities are completed and Procurement and Construction activities are under progress.RFQ for the LSTK contractor is likely to be released in at the end of January 2023. 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.
Nano Fertilizer Greenfield Project
8CostRs 240 Cr.
8Project Event:  The project has elicited environmental clearance on 22 November 2022, foundation stone was laid by IFFCO MD US Awasthi, on 4th March 2022. RFQ for the contractor is likely to be released at the end of December 2022.
SSP Greenfield Project
8Cost: Rs 100Cr.
8Project EventThe company submitted the term of reference in May 2022, And they have been granted and final EIA report preparation is ongoing, RFQ for the local contractor is likely to be released after the clearance

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DSF operators are likely to get a massive boost and that will make the all-important difference for them in getting their fields working at a time when oil & gas prices are high.
8Many may have picked up these fields with no experience, but time seems to be working favourable for them

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This is one big refinery tender where there are no bidders!
8Something quite unusual

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8The bidding process for the Mumbai High Redevelopment Phase-V is causing much hear burn in ONGC

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A significant fall in propylene glycol monomethyl ether prices was recorded in the Ahmedabad chemical market today.

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Soap noodles prices were assessed lower in Delhi today.

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On December 2, 2022 Petrochem sources reported a fall in absolute ethyl alcoholprices in the Delhi chemical market.

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Styrene acrylic emulsion prices firmed up in Delhi in anticipation of tight regional product avails and improved buying sentiments.

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Today, a significant fall in dimethyl sulfoxide prices was announced in the Mumbai market.

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A significant fall in paraformaldehyde prices in the Ahmedabad chemical market was reported by Petrochem sources today.

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Petrochem sources reported a fall in polystyrene sheet prices in the Delhi Metal market.

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A marginal cut in lead oxide 99% prices in the market of Delhi was recorded today.

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An elevated trend is noticed in 65 brass off cut prices.

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Robust demand has lifted nickel plate prices in the Mumbai market.

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On December 2, 2022 Petrochem sources have reported a cut in 22% nickel sulphate prices in the Delhi market.

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Petrochem sources reported a significant fall in copper rod (pure 99%) prices in the Mumbai metal market.

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A cut in ortho-xylene prices in the imported market of Chennai was noticed on December 2, 2022.

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Acrylonitrile prices have witnessed a considerable fall in the Ahmedabad market.

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A sharp fall in cyclohexane prices in the imported market of Mumbai was recorded today.

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