News & Bulletin Updates

8Mitsui Chemicals signed a memorandum of understanding with Shell Eastern Petroleum Ltd agreed on supply ethylene derived from plastic waste

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Anupam Rasayan (the producer of synthesis & specialty chemicals) has signed two contracts with leading European crop protection company for supplying two new life science-related specialty chemicals for the next three years.
8This seems to be a lucrative contract manufacturing deal

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8International EPC-cum-technology player KBR bags a contract from GS Caltex (Oil refiner), for planned plastic circularity project in South Korea

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ATC Tires Pvt Ltd is into producing, trading, distribution, sales and marketing of specialized tires used in agriculture, forestry, construction, industry and earth moving applications to Original Equipment Manufacturers (OEM) and in the after-sales market, mainly under the Alliance, Galaxy, and Primex Brands (that are owned by other YOHT group entities).
8It is a niche market player and there is always traction in the market for such products

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Kim Chemicals Ltd is into the manufacturing and export of petroleum jelly, baby oil, baby powder, nail polish remover and other cosmetic products.
8But is it doing well?

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8LG Chem launches new bio-materials

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8Agilis, a provider of digital commerce solutions for the chemical industry, and SpecialChem, the world’s largest materials selection platform, announce today their partnership to bring to market a cloud-based Product Information Management (PIM) system designed specifically for the chemical industry

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Clariant introduces a much-needed surfactant boost to the all-in-one automatic dishwashing (ADW) segment.
8The automatic dishwasher segment is responding to shifting consumer preference for products with a lower environmental impact and Clariant is catering to that need

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8INEOS O&P Europe has modified its plan to produce either monomodal or bi-modal grades of high-density polyethylene (HDPE)

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8Get rubber prices in Singapore here

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Lords Chloro Alkali Ltd produces chloro-alkali range of chemicals with a manufacturing plant at Alwar.
8And everything seems to be going really well with the company
Find out what is on

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Oct 19, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Government-backed GAIL (India) emerged as the successful bidder for debt-laden JBF Petrochemicals.

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Something has changed in the petroleum ministry when it comes to dealing with big oil & gas multinationals.
8Was it the departure of Dharmendra Pradhan, who many found obstructive and obtuse, and the advent of Hardeep S Puri?
8Or was it more than that?
And find out what really has changed, and also how it is making a difference on the ground

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Here is a private sector domestic gas producer coming out with a gas auction
8He has decided to keep the pricing simple

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Organic Fertilizer Plant Greenfield Project
8Cost8 Cr.
8Project Event: AGSK Solution has been finalized for Design, Fabrication, Supply, installation, and Commissioning of the organic fertilizer manufacturing system. The procurement of long lead items is ongoing.
Process Air Compressor Greenfield Project
8Cost: 347 Cr.
8Project Event : The study of the technical specification is still ongoing and is likely to be completed in November 2022. RFQ for the LSTK contractor is likely to be released in December 2022

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We have updates on the following midstream projects
8Connectivity line between Rasayani LPG Plant and UCPL SV-2 Pipeline (BPCL)
8Paradip LPG Import Terminal Expansion Project (IOCL)
8HPCL Raipur Terminal Augmentation

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All the hard work that Praj Industries Ltd has put in seems to be bearing fruit
8It is making more money now than ever before
8Smoother liaisoning skills with the public sector have seen the company pushing ahead

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Oct 19, 2022: Oil & gas briefs

8Two sets of job vacancies are there now in the oil & gas sector
-- One is middle management
-- There other is top management
8The oil market is expected to shift into surplus but it will not be long before deficits emerge

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Fertilizer prices are falling rapidly internationally
8Prices were far too high, and a correction was all but natural
Find out more

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Bright copper prices fell in the Delhi market today.

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Styrene acrylic emulsion prices were sharply reduced in the Mumbai market today.

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Pure acrylic emulsion prices were higher in the Ahmedabad market today.

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On October 19 , 2022 Petrochem sources reported a significant fall in refined pine oil prices in the Delhi market.

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An increase in DTY grade 75D/72F prices has been noted in Delhi today.

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