News & Bulletin Updates

8What is the latest on the jack-up rig tender of ONGC?
How many bidders have shown interest?

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There are updates on
8Paradip-Haldia-Barauni Pipeline (PHBPL) and its Tank Farms
8Baitalpur POL Depot (IOCL)
8Devangonthi-Chitradurga Pipeline or Hassan - Chitradurga Pipeline?
8Ennore-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin gas pipeline

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Ammonium Nitrate Melt Greenfield Project
8Cost88 Cr.
8Project Event:  RFQ for the Misc Civil jobs pertaining to Ammonium Nitrate Project is out with a bid due date is 18 October 2022, L&T Hydrocarbon is the LSTK contractor who will supply Process license, Supply of Basic Design., Detailed Engineering, HAZOP Studies, and implementation of its recommendation., Procurement, and Supply of all equipment
Ammonia -Urea Maintenance Project
8Cost: 30  Cr.
8Project EventThe company is likely to take an annual shutdown for the Urea plant in December 2022, RFQ for the maintenance contractor has been out which a bid due date is 15 October 2022

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Oct 06, 2022: Shipments Update

8Two Ammonia shipment is coming on 9 October 2022
8One Sulphuric acid shipment is coming on 9 October 2022
8One Rock Phos shipment is coming on 12 October 2022

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Oct 06, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
LNG
8Crude

8Fertilizers
8Coal-Coke
8LPG
8Ammonia

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An elevated trend is noticed in ethyl acetate prices.

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Petrochem sources from Kolkata have reported a huge rise in ortho-xylene prices.

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An increase in 22% nickel sulfate prices has been noted in Mumbai today.

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Stearic acid prices have witnessed a considerable fall in the Mumbai market.

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An increase in pure rhodium prices has been noted in Mumbai today.

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On October 6, 2022 Petrochem sources reported a fall in electrolytic copper rod prices in the Mumbai market.

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A fall in POP (5613) prices in the imported market of Delhi was noticed on October 6, 2022.

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Dimethyl sulfoxide prices have moved higher today in Ahmedabad.

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Lauric acid prices were assessed lower in the Mumbai market today.

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Soap noodles prices have witnessed a sharp fall in the Delhi market.

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Acetonitrile prices were assessed much lower in the Mumbai market today.

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On October 6, 2022, cyclohexanone prices were sharply higher in the Mumbai market.

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Chloroprene rubber Y30 prices registered a sharp fall in the imported market of Ahmedabad.

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

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On October 6, 2022, Petrochem sources reported a fall in triazolone prices in the Delhi market.

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Hexaconazole 95% prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

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Azoxystrobin prices were quoted lower in the Delhi chemical market today.

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On October 6, 2022 Petrochem sources reported a fall in chlorothalonil prices in the Mumbai chemical market.

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How is India responding to high gas prices?
8Power sector gas burn down 28% y-o-y in January-August 2022, and this is partly replaced by coal
8Gas use in the refining sector is down 29% while in chemicals it is down 23%, mostly replaced by oil
8Is India an exception? Find out how other countries are responding to high gas prices

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8Collation shrink films may no longer need to be designated as single-use plastics as companies have successfully innovated a solution for the mechanical recycling of shrink films containing 50% recycled material content

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