Petrochem sources reported a significant fall in acetonitrile prices in the Kolkata chemical market.

The following steel companies will be holding board meetings in the near future:
8Alliance Integrated Metaliks
8Ankit Metal & Power
8Crimson Metal Engineering Company
8lmpex Ferro Tech
8Mahalaxmi Seamless
8MSP Steel and Power
8Nile Ltd

8Get the details of the overall capacity, production and capacity utilization of crude steel in India during the last five years

8The company defaulted on a total payment of 15 crores for a “working capital revolving facility”

8The e-voting starts on 4 August at 9 AM and ends on 2 September at 5 PM

8The company reported a net profit of Rs 12 crores this quarter compared to Rs 7.7 crore last quarter

8Payment of a Dividend was recommended by the Board of Directors at its meeting held on May 27, 2022

Chimique is engaged in the manufacturing of guar gum powder and guar gum split. At present, the company has customers from the oil drilling sector (direct and indirect) primarily from U.S.A. and China.
8The company has been dealing with customers like Greenfields Derivatives Pvt. Ltd., Ashland Speciality Ingredients, and Jingkun Chemistry Company for more than two decades. CIL enters into a short-term contract with its customers
8In FY22, the top 10 customers constituted around 72% of the total sales

8Rainfall was above normal in the first half of the 2022 monsoon season Nevertheless, the total area sown for Kharif crops as of July 29, 2022, was 2.2% lower than year-ago levels, dragged down by rice

8The American Petroleum Institute (API) has filed comments with the U.S. Environmental Protection Agency (EPA), highlighting concern that EPA’s risk evaluation proposed changes to perchloroethylene (PCE) regulations are not based on the best available science and could lead to serious impediments to the refining process

8Aramco will benefit from a robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs, and a 150-year legacy of global brand recognition as it pursues opportunities to extend the brand globally

8The merger paves the way for unlocking synergies inherent in leveraging the potential of the two companies

8Get the latest rubber prices for Singapore

The How2Recycle labelling program has upgraded the eligibility of rigid PP tubs, bottles, jugs, and jars from “Check Locally” to “Widely Recyclable” in the U.S.
8How2Recycle says that thanks to data from the Recycling Partnership’s Polypropylene Coalition and other industry investments, it is confident this progression in eligibility continues to be aligned with the Federal Trade Commission's “Green Guides".

Get here the cotton prices for today
8China Cotton Index : 03-08-2022: 15674 Yuan (Changed: -104)
8Karachi Cotton Association Spot Rate: 03-08-2022: Pak 18735 (37.324Kg) (Changed : -700)
8MCX - Cotton Future : 03-08-2022: Oct : 2022 : Rs. 39510 ( Changed: +1380)
8NYBOT- Cotton Future: 03-08-2022: Oct : 2022 : $ 100.36 (Changed: -0.51)

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8Chemicals
8LNG
8Crude
8LPG
8Ammonia
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8Bulk and Dry cargo
8Port Update

8Amid Sri Lanka's devastating economic crisis, India in another initiative to extend support will be supplying 65,000 metric tons of urea to the island nation.

8India has dramatically increased its imports of fertilizer from Russia in recent months, demonstrating the difficulties the United States and its allies face in isolating Moscow over the invasion of Ukraine.

8One MOP shipment is coming on 07 August 2022
8One Sulphuric acid shipment is coming on 07 August 2022
8One Phos acid shipment is coming on 08 August 2022
8One Ammonia shipment is coming on 08 August 2022
8One Urea shipment is coming on 09 August 2022

8There is quite evidently a clear demarcation between those who oppose and those who favour the end of exclusivity periods for CGD entities
8Those who oppose it stand on thin ice but they will not give up yet without putting up a valiant fight

8Clearly even after selling 7 of its rigs, and deploying one rig with ONGC recently, Aban Offshore continue to fight a grim battle for survival

Project Name: Augmentation of POL Baitalpur Terminal
8Project Cost: Rs300 Crores
Project Name: Motihari-Amlekhganj POL Pipeline Expansion
8Project Cost:  Rs 1,400 Crore

Urea R evamp Project
8Cost:Rs. 700 Cr.
8Project Event: Detailed Engineering is ongoing by Fact Engineering And Design organization Which is likely to be completed in Q3 FY 2022-2023. RFQ for the LSTK contractors is expected to be released at the end of Q3 FY 2022-2023.
Process Air Compressor Greenfield Project
8Cost: Rs. 347 Cr.
8Project Event: The technical specification study is still ongoing and is likely to be completed in September 2022. RFQ for the LSTK contractor is likely to be released in October 2022

Rs 60 crore construction of 132 kV S/C on D/C Tower: Conductor package in September
8Detailed survey and investigation have been completed and a soil test was completed for lattice tower erection. land acquisitions have been completed for the T/L work.
8The application for forest clearance is pending at the nodal office. deer conductor package is likely to be floated in September 2022
Rs 11000 crore greenfield hydroelectric project: HM works package in last quarter of 2022
8EC for the project has been approved by the CEA
8FC stage-1 was approved by the DFO and stage 2 is pending at the DFO level
8WL clearance has been approved by the NBWL
8Approach road constructions have been completed.
8The civil works contractor has completed the mobilization of equipment at the site.
8The HM works package is likely to be floated in Q4 2022.
Rs 4500 crore greenfield hydroelectric pumped storage project: EIA consultants package ahead
8TOR was granted by the MoEF.
8The capital approval was granted by the state cabinet committee.
8Mantec was selected as a consultant for the DPR.
8EOI for EIA /EMP consultants is likely to be floated in October 2022.
Rs 900 crore greenfield hydroelectric project: Drilling works package ahead
8TOR was granted by the MoEF.
8EIA consultant has been selected.
8Geotechnical investigation and topographical surveys report are under approval.
8Approach road constructions have been completed.
8Drilling and drifting works are likely to be floated in September 2022.
Get in touch with us for more on these projects

8The Indian energy giant GAIL Ltd is forced to reduce gas supplies in the country as Germany has started diverting the contracted volumes of Yamal LNG. Russia supplies natural gas only in the form of LNG to India.