We have updates on the following pipelines
8Mumbai-Nagpur-Jharsuguda natural gas pipeline (GAIL) (Rs 7845 crore)
8Paradip - Numaligarh Crude Oil Pipeline project (NRL)(Rs 949 crore)
8Sekerkote Greenfield POL Terminal (IOCL) (Rs 540 crore)

8India is planning to start a carbon trading market for major emitters in the energy, steel and cement indu stries, as part of its efforts to hasten the transition to cleaner fuels.

A significant fall in zinc oxide prices was recorded in Delhi today.

Phosphorous acid recovered in the imported market of Mumbai.

On August 3, 2022, Petrochem sources reported a fall in fipronil 95% prices in the Mumbai market.

Pymetrozine (97%) prices registered a cut in the Ahmedabad market today.

Petrochem sources predicted an increase in lauric acid prices in the chemical market of Mumbai.

A sharp fall in acrylonitrile prices in the imported market of Ahmedabad was recorded today.

Petrochem sources reported a significant fall in cyclohexane prices in the Hazira chemical market.

Butyl cellosolve prices were assessed lower in the Kandla market.

A significant fall in DMF prices was recorded in Mumbai today.

BGE prices in the Kandla market have registered a fall today.

MP diol prices were quoted lower in the Kandla chemical market today.

On August 3, 2022, Petrochem sources reported a fall in octanol prices in the Kandla market.

Petrochem sources reported a significant fall in toluene prices in the Hazira market.

An elevated trend is noticed in IPA prices.

8Gautam Adani-led Adani New Industries (ANIL) and Mukesh Ambani-led Reliance Industries (RIL) are planning to set up two compressed biogas (CBG) plants each, senior executives aware of the development said. ANIL plans to set up a 40-million tonne per annum (mtpa) plant in Uttar Pradesh and Gujarat, while RIL is still formalising the location for two similar capacity units.

8The government has once again revised the newly-introduced windfall tax levied on crude, diesel and jet fuel (ATF), according to a government notification issued on Tuesday.

8Fertilisers shares closed higher in the Tuesday's session.

8India is now having unsustainable level of import dependence on crude oil and natural gas, with the domestic production remaining virtually stagnant and  growth rate in demand and import level of crude oil and natural gas steadily increasing at 6 to 7% per annum.

Get the latest chemical price forecasts for the following products:
8Sodium Acid Pyrophosphate
8Potassium Bromide
8Palm Wax
8Imidacloprid
8Hydrogen Peroxide
8Dimethyl Carbonate
8Dichloropropane
8DBP
8Caustic Soda Lye
8Acrylamide

8Cosmo Specialty Chemicals, a subsidiary of Cosmo First Ltd, announced it has appointed a new head of sales in the textile division

8Pricing is volatile, however, raw materials and finished goods (inventory loss) have curtailed profitability

8NextChem has been awarded a Front-end engineering design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant for municipal plastic waste in Europe

8INEOS and SINOPEC have signed three back-to-back deals worth a combined value of US$7 billion
8These landmark agreements are expected to generate a combined turnover of around US$10 billion from 7 million tons of capacity