News & Bulletin Updates

8GPL’s operating profit margins have remained healthy due to the high value-accretive product profile of complex polymer intermediates and a strong market position

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8Europe's nitrogen fertilizer industry will be mostly offline in September as fertilizer prices have not kept pace with natural gas-based production costs

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8Get the latest rubber prices for Singapore

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8The manufacturing unit reported a sharp decline in the first-half earnings

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Sep 14, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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The PNGRB, now that it has a proper quorum, has begun to assert itself like never before.
8And it is doing so very competently indeed
8And that is good for the industry

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Megha is L-1 in a project for a unit for the Mongolia refinery
8And now the tables have turned

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EIL is now getting more ambitious under Vartika Sukhla
8And it has put in an aggressive EPCM bid
8And if it gets the deal in a competitive environment, it can come huge shot-in-the-arm

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8The Middle East has transformed the jack-up rig market

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8There is work coming up ahead around the hook-up of the 36” x 665 km Vijaipur-Auraiya- Phulpur pipeline (VAPPL) and 48” x 505 km long Vijaipur- Dadri Pipeline (VDPL).
8Also, there is a the Visakhapatnam Greenfield POL Terminal Project. The commissioning date has been revised

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Rs 132 crore Construction of 132kV S/C on D/CTransmission Line  : Conductor package in November 2022
8The detailed survey and soil test have been completed for all the locations.
8Additional compensation to the private land owners has been completed.
8Forest clearance stage 1 has been granted and stage 2 is pending at the DFO
8RFQ for the ACSR deer conductor package is likely to be floated in November 2022.
Rs 350 crore greenfield hydroelectric project : HM works package in Q4 2022
8The forest clearance stage -1 and stage -2 have been granted by the DFO.
8The owner has signed an agreement with ADB for funding the project.
8EIA/EMP study was completed and it was approved by the MOEF
8DPR has been completed and it was approved by CEA
8The pre-bid meeting has been completed for the civil works package and major contractors have shown interest in meetings.
8RFQ for the HM works package is likely to be floated in Q4 2022.
Rs 13000 crore greenfield pumped storage project: Drilling and drifting works in Q4 2022
8TOR granted by the MoEF
8Aravee Associates has prepared the PFR of the project.
8The state cabinet committee has approved the project.
8Construction of the approach road is in progress by the state PWD department.
8RFQ for the drilling and drifting works is likely to be floated in Q4 2022.
Rs 16000 crore greenfield super thermal power project: Chlorine dosing system in October 2022
8PG test yet to be conducted for BTG.
8Erection of ESP has been completed for the first two units.
8Sub-contractor has been selected for the absorber system.
8RFQ for the Chlorine dosing system package is likely to be floated in October 2022.
Get in touch with us for more on these projects

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8Endowed with abundant natural produce, various parts of India often face the challenge of too much stubble.

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8The Indian Oil Corporation Ltd (IOCL) is conducting a recruitment drive for 56 non-executive, engineer assistant, and technical assistant posts.

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8What kind of urea imports will be needed by India until Rabi?
8And what happened in the latest RCF urea tender for 1 million tonnes?

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8Some changes have been made in the Essential Commodities Act relating to fertilizers

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Demurrage, Wharfage and Waiver guidelines have changed
8And this has implications

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Sep 14, 2022: NPG prices move lower

Petrochem sources have reported a fall in NPG prices in the Mumbai market.

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A significant fall in polymeric MDI prices was recorded in Ahmedabad today.

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An increase in spandex grade 40D prices has been noted in Ahmedabad today.

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Palm wax prices are quoted lower in the Ahmedabad chemical market today.

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Robust demand has lifted ortho xyleneprices in the Mumbai market.

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Robust demand has lifted tetrachloroethyleneprices in the Delhi market.

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Robust demand has lifted adipic acid prices in the Ahmedabad market.

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Low soap noodles prices were reported today in Mumbai.

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BIIR prices gained in Mumbai in anticipation of tight supply crunch and improved buying sentiments.

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