A sharp fall in C9 solvent prices in the imported market of Mumbai was recorded today.

An elevated trend is noticed in DIBP prices.

PEG prices in the Ahmedabad market registered a fall today.

An increase in methylcyclohexane prices has been noted at Delhi today.

On September 9 ,2022 Petrochem sources from Mumbai reported a cut in dicyclopentadiene (content: 82%) prices.

The gap between natural gas prices - even those which come blended with long term contracts -- and LPG has dangerously widened.
8So much so that LPG infrastructure investment to use LPG is getting recouped in less than two months.
8And from there on, there is more money to be made by users
8And even through there was a gas price cut, find out why that is not working either.
8With LNG prices diverging from crude oil prices, this is indeed bad news for the gas industry

8Even as gas suppliers are under pressure, why are everyone bullish on them?

And how is the gas sector really working?
8Everything seems pretty messed up on all fronts

8Why does the government think that leakages of urea to the industrial sector is behind the shortage of fertilizers?

8What is happening with ammonia prices?

8Long term LNG buyers face further cuts in supplies
8Forcing them into a hard corner

There is this big LPG import terminal
8Cost Rs 588 crore
Get the contracting history here

8There are several contenders for this ONGC director's slot

An increase in tetrachloroethylene prices has been noted at Mumbai today.

This company needs a TPI agency for its vast pipeline network
8Find out more about this and when bids are coming up

8Onland rig contracts have been finalized

Phosphoric acid Expansion Project
8Cost: Rs  500 Cr.
8Project Event: Two companies are in the race pre-qualification of Vendor for End-to-End study. The finalization is likely to be completed in at the end of September 2022. RFQ for the LSTK contractor is likely to be released in November 2022. Find out who the companies are
Nitric Acid Plant Expansion Project
8Cost: Rs 200 Cr.
8Project Event: Pre-qualification of vendor for End to End study of Mono Medium Pressure Nitric acid plant for capacity enhancement has been out and bid due date has been extended from 16 August to 14 September 2022.

Rs 800 crore Construction of 400kV DC Transmission Line: S/S package in Q4 2022
8The Forest clearance 2 is pending at DFO.
8Soil test completed and pilling and foundation works are in progress for P/S.
8Lattice tower works are in the initial phase of construction.
8RFQ for the S/S works is likely to be floated in Q4 2022.
Rs 870 crore greenfield hydroelectric power project :  Civil works package in November 2022
8Forest clearance stage1 granted but stage 2 is pending at the nodal office.
8DPR completed and report is under examination by CEA.
8Hydrology report has been approved by CWC.
8PMC selected for the project.
8RFQ for the civil works package is likely to be floated in November 2022.
Rs 5180 crore brownfield super-critical thermal power project: Absorber system package in October 2022
8PG test yet to be conducted for unit-2 BTG.
8Mechanical completion for ESP is in progress and its PG test has been completed.
8Erection and installation of the CW system are in progress and civil works for NDCT have been completed.
8Civil and structural works for the installation of FGD are in progress
8RFQ for the absorber system package is likely to be floated in October 2022.
Rs 1580 crore greenfield hydroelectric project: PMC works in Q4 2022
8Three-season moon soon data collection has been completed and the hydrology report is pending at CWC.
8Geotechnical investigation and topographical surveys have been completed and the report has been approved by GSI.
8Drilling works at the project are in progress but drifting works are yet to be started.
8RFQ for the PMC works is likely to be floated in Q4 2022.
Get in touch with us for more on these projects

Petrochem sources reported a significant fall in butyl acetate prices in the Kandla market.

8Prime Minister Narendra Modi on Wednesday sought greater energy cooperation with Russia, speaking as the West presses India to abandon such imports for Moscow’s invasion of Ukraine.

8Union Power Minister RK Singh on September 7 said India is capable of producing green hydrogen at competitive prices without a production-linked incentive (PLI) scheme.

8Two AMMONIA shipment has arrived on 09 & 10 September 2022
8One SULPHURIC ACID shipment is coming on 10 September 2022
8One UREA shipment is coming on 11 September 2022

8From next month, all types of chemical fertilizers like Urea, DAP, NPK, Potash etc. will be available in the same packing in the country. Urea will now be available only in yellow bags, DAP in light green, NPK in dark green and MOP in light pink bags.

8While the government has high hopes that ‘nano fertiliser’ – a product developed by the Indian Farmers and Fertiliser Cooperative (IFFCO) – will reduce India’s dependence on packaged urea and reduce the country’s import bill, a handful of scientists have expressed scepticism about its purported benefits.

Petrochem sources have reported a significant fall in secondary lead prices in the Mumbai market.