News & Bulletin Updates

US job growth was more robust than expected in June.
8The US economy in June added 372,000 jobs, more than most forecasts and a sign the Federal Reserve may need to hold its course of steep rate hikes to weaken the economy and stem inflation running at four-decade highs

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8TechnipFMC has signed a Letter of Intent with Equinor Energy Brazil, a subsidiary of Equinor, for an integrated Front End Engineering and Design study on its BM-C-33 project offshore Brazil

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GHFL is engaged in the manufacturing of polyester films, which are used in a variety of end applications like Packaging, Electrical & Motor and Cable insulation, Shrink Film for label application, and Coloured Polyester Films for Window Tint application, TV Screen, Safety etc. GHFL’s international accreditations and certifications for different products namely European Chemicals Agency and others have resulted in a big marketing push for its products.
8Find out more on what the company has to offer

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8Malaysian glove makers have seen a dramatic fall in share values over the recent months as Covid-19 pandemic peak subsides

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MSP Steel & Power Ltd is MSP Steel & Power Ltd. (MSPL) is an integrated steel player, engaged in the manufacturing of sponge iron, MS ingot and rolled products (TMT and structural products).
8Besides, the company is also involved in manufacturing fly ash bricks (48,600 TPA)
8And the outlook for the company looks bright enough

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8Electrosteel Castings Ltd has got itself an excellent rating from CRISIL

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8Maharashtra Seamless Ltd is having an investors conference ahead

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The differential between LPG and natural gas prices for industrial units are at an all-time high
8Find out what the payback period is for an LPG storage unit for an industrial enterprise now
8Also, the use of competitive fuels is a good development going ahead

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8Get a full update here on Adani's green hydrogen and green PVC projects

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8LNG prices are too high now, high enough for buyers to stop buying

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8This is a Rs 650 crore tender which has already been awarded by IOCL
8But it is having second thoughts now on going ahead with the winner

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The Mumbai-Nagpur-Jharsuguda natural gas pipeline is a massive project
8A lot of contracts have been awarded
8Find out who have got them
8And what kind of RFQs are still ahead

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8A requirement for onland drilling rigs have come up

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Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost: 500 Cr.
8Project EventThe company has applied for the loan, which is still under process, likely to finalized in September 2022, RFQ for the LSTK contractor is likely to be released in Q3 FY 2022-2023.
SSP Fertilizer Greenfield Project
8Cost: 90 Cr.
8Project Event: The project is still on hold, It is likely to be active in Q3 FY 2022-2023, Internal discussion is still ongoing for the project. the RFQ for the LSTK contractor is likely to release in Q3 FY 2022-2023

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Rs 132 crore Construction of 132 kV S/C on D/C transmission line: RFQ Ahead
8Land acquisition was completed for substation work and detailed engineering is in progress.
8
Forest clearance stage 1 was completed and stage 2 is pending at the DFO. 8RFQ for 132/33 kV P/S works is likely to be floated in August 2022
Rs 4000 crore greenfield hydroelectric power project
8Application for FC submitted and wildlife clearance is pending.
8
RFQ for the EIA/EMP consultant is likely to be floated in September 2022. 
Rs 900 crore greenfield hydroelectric power project
EIA consultant was selected.
8Everain Global Services has prepared the Biodiversity Impact Assessment report
8
The drilling and drifting works are expected soon.
Rs 5000 crore greenfield thermal power project
8The owner has signed for long-term coal linkage with coalfields.
8
Pilling and foundation works were completed and civil, and structural works are in progress.
8The wagon tripler package was awarded
8
The stacker reclaimer package is likely to be floated in September 2022.
 Get in touch with us for more on these projects 

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Jul 11, 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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 8For years they tiptoed around each other but now the groups led by billionaires Mukesh Ambani and Gautam Adani will for the first time be in direct competition when they later this month participate in the auction of airwaves capable of providing fifth generation or 5G telecom services.

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8Already battered by rising prices of essentials ranging from fruits and vegetables to edible oil and electricity, record high rates of cooking gas LPG have added to the woes of the common man, especially the lower strata. LPG rates this week were hiked by Rs 50 per 14.2-kg cylinder, taking the total increase in last one year to Rs 244 or 30 per cent.

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8Since the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to punish Moscow for its aggression.

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8There is little sign that India will ease new windfall taxes on domestic oil production and fuel exports any time soon.

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8Union Minister for Chemicals and Fertilizers and Health & Family Welfare Dr Mansukh Mandaviya has reiterated that India has tremendous opportunities in Green Hydrogen in coming future.

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A rise in glyphosate prices was reported in Mumbai today.

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Chromium metal prices in the Mumbai market registered a fall today.

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A significant fall in MDI  b1001 prices in the Delhi market was recorded today.

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Paraformaldehyde prices are demonstrating an increase in the Ahmedabad chemical market.

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