Petrochem sources have reported a fall in chrome oxide prices in the Delhi market.

Antioxidant grade 4020 prices have climbed higher in Delhi.

TOTM prices were announced in the Mumbai market.

A rise in propylene glycol monomethyl ether prices in the Delhi market was noticed today.

Petrochem sources reported a fall in PU resin prices in the Mumbai market.

On 29 Oct 2022, Petrochem sources confirm that an increase in pure PAM (Cationic: 20%) imported intact prices has been noted in Mumbai today.

A cut in DINP prices in the Delhi market was recorded today.

PEG prices in the Ahmedabad market registered a fall today.

On October 29, 2022 anionic surfactant prices were pushed much higher in the Mumbai market.

Butyl cellosolve prices firmed up in Kandla in anticipation of tight regional product avails and improved buying sentiments.

Butyl cellosolve prices firmed up in Kandla in anticipation of tight regional product avails and improved buying sentiments.

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

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

A cut in 2EHA prices in the imported market of Kandla was noticed on October 29, 2022.

Oil & gas downstream EPC players tend to overlook projects in the chemical sector in India.
8The reason for this is the sector has seen relatively smaller players, where the ticket size is small and financials are often suspect
8But with increasing tension between China and the West, and with Indian chemical companies becoming global suppliers, the scenario has changed
8Some of the companies have done well, even during COVID, and now they are getting more ambitious
8And here is a private company willing to go through a Rs 2100 crore capex surge that should get any major technology-cum-EPC player excited

8Megha is getting awarded two refinery-related projects today

The global enthusiasm for hydrogen projects has no doubt impacted India.
8Everyone wants to join in
8But the data shows that there is still a lot of hype around it
8Very few projects out of hundreds planned have reached FID
8India cannot be an exception to that rule

8This oil & gas company decides to rename itself as soon as gas started flowing from its well

We have now expanded our midstream coverage with dedicated project monitoring staff.
The idea is to cover this under-reported segment properly for your benefit, giving you the much-needed business development leads
Here are the projects
8Paradip LPG Import Terminal Expansion Project (IOCL)
8Kharagpur Greenfield LPG Bottling Plant Project (IOCL)
8IOCL Mundra - Panipat Greenfield Crude Oil Pipeline (P-25)
8IOCL Mundra - Panipat Greenfield Crude Oil Pipeline (P-25)
8Expansion of Betkuchi POL Terminal (IOCL)
8Grassroot POL Terminal Vallur (IOCL)

Sulfate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost: Rs 500 Cr.
8Project Event: The company has applied for the loan, which is still under process, likely to be finalized in December 2022, RFQ for the LSTk contractor is likely to be released in Q1 Fy 2023-2024.
SSP/GSSP Greenfield Project
8Cost: Rs 15 Cr.
8Project Event: The final EIA report preparation is still ongoing, RFQ for the LSTK contractor is likely to be released in January 2023

Rs 5200 crore  super-critical brownfield thermal power project: PT plant package is likely to be floated in November 2022
8Pilling and foundation work at the BTG area have been completed.
8Sub-contractor has been selected for the  AHP works.
8The coal linkage issue has been resolved by the CIL.
8Bid evaluations are in progress for the wagon tippler package
8RFQ for the PT plant package is likely to be floated in November 2022.
Rs 850 crore construction of 765KV Transmission line: P/S works in December 2022
8Forest clearance stage 2 has been accorded by the DFO.
8Approval from PTCC, civil aviation, and defense have been granted.
8Private land acquisition is in progress for the T/L works and it is in the advanced stage of completion.
8Land acquisition was completed for substation works.
8RFQ for the P/S works is likely to be floated in December 2022.
Rs 4200 crore  greenfield hydroelectric  project: HM works package in January 2023
8Forest clearance 2 has been accorded by the DFO.
8Civil works contractor has been selected and mobilization of equipment has been completed by the contractor
8Boring works are in progress for HRT.
8RFQ for the HM works package is likely to be floated in January 2023 instead of Q4 2022.
Rs 5150 crore greenfield pumped storage project: HM works package in December 2022
8Construction of the approach land to the dam site has been completed.
8PMC has been selected.
8Pre-bid meetings have been completed for the civil works package
8RFQ for the HM works package is likely to be floated in December 2022.
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8There is pressure building up on the ammonia price front
8Find out what kind of pressure it is

On October 28, 2022 butadiene prices have been reported to be steady in South Korea, South East Asia, Rotterdam, and the US Gulf due to stable demand patterns in the respective countries.

On October 28, 2022 naphtha prices have been registered to move up in Japan and Europe on account of positive buying trends in the respective countries.