News & Bulletin Updates

8The company is engaged in the manufacturing of dyes & dyes-intermediaries andsolar power generation & Distribution

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8The company specialises in agrochemicals. It is into Contract Research and Manufacturing (CRAMS) largely for agrochemicals

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8The company is primarily engaged in the trading of polymers and chemicals like EVA, PVC, Resin, Melamine etc

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8The collaboration combines complementary areas of expertise, integrating capabilities in licensed processing technologies and mass transfer equipment with high-performance adsorbents and catalysts

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8PX Group, the owner of Saltend Chemicals Park and operator of several energy infrastructure sites in the UK and Europe, has been awarded a ten-year Operations & Maintenance (O&M) contract

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8The addition of 1.5mn t/yr of polyvinyl chloride (PVC) capacity in India will effectively double India's PVC production

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8Polycarbonate plastics are used in headlights and other automotive parts and also in housings for electronic devices, light guides and lenses, medical devices, and many other high-value applications

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8KRIBHCO has a urea manufacturing plant with a capacity of 1.73 MMTPA

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8CNT is considered a next-generation material that offers the equivalent level of electricity and thermal conductivity as copper and diamond and has 100 times the strength of steel

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8France-based Benvic Group has been sold to a privately owned German industrial group

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8Get the latest rubber prices for Singapore

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8The energy roadmap of Reliance Industries will witness the expansion of its oil- to-chemicals business

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8The product has been on-specification regarding the aromatics recovery and the sulfur content in a short period

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8The company is engaged in the trading of tea, cotton and mustard seeds, cakes and oil

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8Implementation of the BIS Standard on Pyridine is delayed

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8The market size is expected to gtow with a CAGR of 3%

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On 31 August 2022, Petrochem sources reported a sharp cut in hydrogenation xylene prices in the  Ahmedabad chemical market.

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Ammonia-Urea Energy Saving Project
8Cost: Rs  250 Cr.
8Project Event: The company has applied for a loan, which is still under process, It is likely to be elicited in Q3 FY 2022-2023, RFQ for the LSTK contractor is likely to be released in Q3 FY 2022-2023.
Single Super Phosphate Expansion Project
8Cost: Rs 20 Cr.
8Project Event: Detailed engineering work is still ongoing, The construction is likely to be started at the end of September 2022, They have their own engineering team, so they don't need a contractor. The commission is likely to be completed in December 2023

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Rs 5113 crore super-critical brownfield thermal power project: Wagon tripler package in October 2022
8Decommissioning works at the site have been completed.
8Pilling and foundation work at the BTG area have been completed.
8Sub-contractor has been selected for the conveyor system
8The RFQ for the Wagon Tripler package is likely to be floated in October 2022.
Rs125 crore construction of LILO 765kV Transmission line: P/S package in October 2022
8The detailed survey and investigation were completed.
8Approval from the civil and defense aviation department has been granted.
8Contractor selected for S/S works. Civil works are in progress.
8RFQ for the 765kV P/S works is likely to be floated in October 2022.
Rs 4400 crore greenfield hydroelectric project: PMC package in Q4 2022
8The project got delayed due to the villager's protest and inaccessible terrain in the project area
8The consultant has completed the detailed survey and investigation including a geotechnical investigation.
8The hydrology report for the same has been completed and it was accorded by the CWC.
8The RFQ for the PMC package is likely to be floated in Q4 2022.
Rs 4200 crore greenfield hydroelectric project: HM works package in Q4 2022
8FC stage-2 has been granted by the DFO
8Mobilization of equipment has been completed by the contractor.
8Construction of the approach road has been completed.
8The excavation works are in the active phase of construction.
8The RFQ for the HM works package is likely to be floated in Q4 2022.
Get in touch with us for more on these projects

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Aug 31, 2022: Shipments Update

8One Sulphur shipment is coming on 31 August 2022
8One Ammonia shipment is coming on 05 September 2022
8One Phos acid shipment is coming on 02 September 2022

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Rhodium prices fell in the Mumbai market today.

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An increase in MEK prices was noted at Kandla today.

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

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On August 31, 2022, MX prices were pushed higher in the Ahmedabad market.

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IPA prices are gradually declining in the Ahmedabad chemical market.

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