News & Bulletin Updates

IRPC Public Co. Ltd's petrochemical plant in Rayong, Thailand, is currently undergoing renovation and upgrading works to optimise its production processes.
8One of the most important upgrades is the replacement of its Deep Catalytic Cracking (DCC) cyclone reactor, which will allow the plant to exceed the production of 640 000 tpy of propylene produced

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8One of the world's largest petrochemical companies claims its Q4 margins will be "under pressure" after drop in prices

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8Air Liquide has thrown in a good performance

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8Kerala is now doing its bit to bring in industrial investment

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8Mitsui India is trying to go on a sustainability trip.
8How is it faring

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Oct 31, 2022: Rubber futures fall

8Japanese rubber futures fell, tracking losses in the Shanghai market and weighed down by weakness in domestic equities, as fresh Covid-19 curbs in various cities in top consumer China dented demand

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8Sumitomo Rubber claims vulcanisation chemistry advance

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8Persian Gulf states are stepping up efforts to address increasing problems around the management of end-of-life tires (ELTs) across the region, a Bureau of International Recycling (BIR) meeting has heard

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8Finnish group selling Russian operations to Tatneft PJSC for around €400m

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Adipic acid prices were quoted sharply lower in the Mumbai chemical market today.

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High PGME prices were registered in Mumbai today.

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

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Acetone prices are in a downward move.

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An increase in toluene prices has been noted in Mumbai today.

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Petrochem sources reported a significant fall in octanol prices in the Kandla chemical market.

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Phthalic anhydride prices in the imported market of Mumbai was assessed lower on October 31, 2022.

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Petrochem sources reported a massive fall in ortho-xylene prices in the Mumbai chemical market.

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We have gathered more information on Ranjit Rath, the CMD of Oil India Ltd.
8On how is he going about doing his job in OIL
8Also know how the PMO was involved

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We have the following midstream project updates, providing business development updates to our readers
8Paradip-Hyderabad Product Pipeline Greenfield Project (IOCL)
8Betkuchi POL Terminal Expansion (IOCL)
8Augmentation of Salaya - Mathura Crude Oil Pipeline

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Rs 5000 crore  greenfield thermal power project: DM plant package in December 2022
8Civil and structural works are in progress for BTG.
8Pilling and foundation work for BOP have been completed.
8LOA for the Wagon Tripler package has been completed.
8Bid evaluations are in progress for the Stacker Reclaimer package
8RFQ for the DM plant package is likely to be floated in December 2022.
Rs 6820 crore greenfield hydroelectric project: Civil works package(lot-1) in Q1 2023
8DPR of the project has been approved by CEA.
8Construction of the approach road has been completed.
8Bidding is in progress for the PMC package.
8RFQ for the civil works package(lot-1) package is likely to be floated in Q1 2023.
Rs 950 crore greenfield hydroelectric multipurpose project: HM works put on hold
8Technical bids have been completed for the civil work and the price bid is yet to be started.
8Pre-bid meetings for HM work have been temporarily put on hold
8PMC tender has been floated for the feeder canal works.
8RFQ for the EM works package is likely to be floated in January 2023
Rs 260 crore construction of 220KV Transmission line: The conductor package is likely to be floated in November 2022
8Forest clearance stage 1 and 2 has been accorded by the DFO.
8Land acquisitions have been completed for S/S and Erection and installation works have been completed.
8Detailed engineering works are in progress for pooling station works.
8RFQ for the ACSR moose conductor package is likely to be floated in November 2022.
Get in touch with us for more on these projects

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An interesting development is taking place in the Indian gas sector
8A private sector trading major is setting new benchmarks by delivering large volumes of gas through third-party networks to consumers
8This could well be a quiet revolution
8And it concerns the fertilizer sector

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8The international urea market seems to have run out of steam
8Will there be an Indian tender again?
Find out what is going on

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On October 31, 2022 Petrochem sources reported a fall in palm kernel oil (refined) prices in the Ahmedabad chemical market.

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Glyceryl monostearate (90%) prices fell in the Delhi market today.

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Petrochem sources reported a fall in 65 brass offcut  prices in the Delhi metal market.

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