8This partnership has validated tire-derived polymer (TDP), produced by Tyromer’s proprietary and patented technology, as the raw material for tires

8There is a transportation job requirement for 3000 MT of polypropylene (PP) from the refinery to the port

8There is a requirement for the supply of 100MT 50% Benzalkonium Chloride

Sulphuric acid Plant Greenfield Project
8Cost: 182 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 expected to be finalized at the end of December 2022.
Ammonium Sulphate Expansion Project
8Cost: 111 Cr.
8Project Event: The 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

8What is the latest on the urea pricing front?

8One Phos acid shipment is coming on 1 Dec 2022
8One Sulphuric acid shipment is coming on 2 Dec 2022
8Two Rock Phos shipments are coming on 2 & 7 Dec 2022 
8Three Ammonia shipments are arriving on 4 & 7 Dec 2022

8IOC is the only company in India supplying European standard ultra-low sulfur fuel

8The largest cruise ship to ever visit Trinidad, the MSC Seashore, docked in Port of Spain yesterday, with hundreds of passengers coming off and exploring what the country has to offer.

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

A CGD entity does not automatically get an exclusive right to supply to industrial consumers, even if the consumption is less than 50,000 SCMD.
8This has not been firmly established, and the caveats have been drawn up

The award of a Barmer refinery unit to the L-1 bidder has reportedly been put on hold
8And this may delay the project again

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8Chemicals
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8Port Update

2G ethanol plants are never easy to put together.
8As IOC is finding out
8Will it be a replicable model or a white elephant?

A first-of-its-kind game plan for carbon capture has been drawn up
8But can it ever be implemented?

8CPCL's Nagapattinam refinery saw some more tenders opening

This E&P block has a brand-new team in place
8And from earlier single owner mode, the outfit has transited into a professional one.
8The results are already showing. And it continues to make money

Rs 500 crore greenfield hydroelectric storage project: Electro-mechanical works in Q1 2023
8Construction of the approach road has been completed.
8Indian prime minister lays the foundation stone for this project.
8Tender has been floated for the civil and hydro-mechanical works.
8RFQ for the Electro-mechanical works package is likely to be floated in Q1 2023.
Rs 6200 crore greenfield hydroelectric storage project: Civil works (Lot -1) is likely to be floated in Q1 2023
8Forest clearance stage 1 has been granted but stage 2 is pending at DFO
8The private land owner of the three villages didn't accept the proposal for the land acquisition and the negotiation with the land owner is in progress
8RFQ for the civil works (Lot -1) is likely to be floated in Q1 2023.
Get in touch with us for more on these projects

On December 1, 2022 low MMA prices were announced at the Mumbai market.

On December 1, 2022, Petrochem sources reported a fall in benzene prices in the Mumbai market.

Aniline prices witnessed a sharp fall in the Mumbai market today.

Petrochem sources from Mumbai have reported a huge rise in 22% nickel salt prices.

On December 1, 2022 Petrochem sources reported a significant fall in refined Abs (black pipe scrap) prices in the Ahmedabad market.

Petrochem sources reported a significant fall in polymeric MDI prices in the Mumbai chemical market.

Today, a significant fall in acrylic acid prices was announced in the Ahmedabad market.

BIIR grade 2222 prices registered a rise in the domestic market of Mumbai.