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

8Russia’s invasion of Ukraine has downgraded the global growth forecasts to 2.9% in 2022-23 and 3% in 2023-24

8The company said it has completed the installation and start-up of a state-of-the-art acrylic dispersions production line in Gujarat

8Honeywell and Navin Fluorine, part of the Padmanabh Mafatlal Group hosted an opening ceremony at a plant in Gujarat

8Neste has received a positive grant decision for up to EUR 135 million from the EU Innovation Fund for the company’s project to build chemical recycling capacities in Finland

8New proprietary technology has been designed to protect UV-C disinfected surfaces against degradation and discolouration

8LG Chem announced that it signed an MOU with Sampyo Cement, Hyundai Rotem, Korea Engineers Alliance, and Korea Cement Association to establish an ecosystem of virtuous resource cycle by using waste plastics as alternative fuels to produce cement

8The company has announced a new investment that supports its plan to transition its chemicals park into a site able to serve the changing needs of our customers

8The company has ambitious expansion plans

8Scope of work includes FEED engineering and preparation of an EPC cost estimate for power generation equipment and systems

8The company's aim is to develop and transition from a traditional chemical company to a science company based on sustainability

8The new report focuses on decarbonization, renewable energy and sustainable polyamide solutions
8Targets include a commitment to a 40% reduction in greenhouse gas emissions by 2030 and climate neutrality by 2050

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8Chemicals
8LNG
8Crude
8LPG
8Ammonia

8Pymetrozine prices are on the ride, as projected by us
8Market conditions have lead to strong demand
8Find out what our projections are of which way prices are going to go next week?

8Prices are on the decline, as projected by us
8How are prices likely to behave in the week ahead?
8We got the forward looking weekly projections right for Diethylene Glycol Monobutyl Ether right for the last three weeks
8Find out what our projections are of which way prices are going to go next week?

8The product is not made in India and is imported mostly from China, due to that reason there is always higher demand than supply
8Find out which directions will this market go next week, according to our projections

The zinc oxide market continues to be dragged down by fundamentals, as prices continue to remain depressed all around, due to fears of a looming recession
8Prices have been falling
8We expect the negative trend to continue for some more time

Get here the cotton prices for today
8China Cotton Index : 13-07-2022: 17408 Yuan (Changed: - 151)
8Karachi Cotton Association Spot Rate: 13-07-2022: Pak 16180 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future : 13-07-2022: Oct : 2022 : Rs. 33370 (Changed: -1330)
8NYBOT- Cotton Future: 13-07-2022: Oct: 2022 : $ 129.75 (Changed : -4.80)

8Find out why we think PLL made a mistake not picking up a stake in Tellurian's Driftwood project?

8ONGC has clarified some procedural snags in their bidding processes

Nano Fertilizer Greenfield Project
8Cost: Rs 119 Cr.
8Project Event: A proposal for the environmental clearance is likely to be submitted in August 2022, The final preparation of the EIA report is still ongoing, RFQ for the contractor is likely to be released in September 2022. The company has hired EQMS India Pvt. Ltd for environmental clearance, the proposal for the term of reference has been granted in Feb 2021.
Single/Triple Super Phosphate Greenfield Project
8Cost: Rs 30 Cr.
8Project Event: Hiring process of local contractor is ongoing, company is still talking wit local contractor. The proposal for environmental clearance is submitted in June 2018, and the proposal was accepted by SEAC. The project team has been made, and Hiring for equipment suppliers is still ongoing

Rs 550 Crores greenfield hydroelectric power project, stage-II
8WAPCOS has prepared the pre-feasibility report.
8The hydrology report was completed and it was approved by CWC
8PMC package is likely to be floated in September 2022.
Rs 1000 crore greenfield hydroelectric power project: HM package in October
8EIA report and the SIA report were completed and it was approved by the MoEF&CC
8The validity of EC has just got extended by the MoEF&CC
8The HM works package is likely to be floated in October 2022.
Rs 20000 crore greenfield hydroelectric power project: RFQs ahead
8The supply of boilers and power cycle piping package is by BHEL
8Erection and installation of BTG of unit-1 have been completed
8Limestone and gypsum handling plant package is likely to be floated in August 2022.
(Power is a big sector, and we do it well, like we do our oil & gas and fertilizer sites, get in touch with us to know more about how to access this site. Also try out our oil and gas and fertilizer sites, www.indianpetroplus.com and www.indianfertilizer.com)

On July 14, 2022, the Ahmedabad market saw a rise in polystyrene sheet prices.

8Union minister Rameswar Teli has said augmenting ethanol blending in fuel was critical for the energy security of the country as it would help in reducing import of fuels.

8Leaders of 12 democracies huddled in an Alpine resort in Bavaria last month.