News & Bulletin Updates

On August 2, 2022, Petrochem sources reported a fall in aluminum plate prices in the Mumbai market.

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Tetrachloroethylene prices were quoted lower in the Ahmedabad chemical market today.

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Acetonitrile prices have witnessed a considerable fall in the Kolkata market.

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Belarus is a key potash producer
8But it looks like that it may end up losing market share now
8Find out more, particularly how it is going to impact India

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There is now renewed interest in ONGC on sub-standard deliveries
8And how to remedy that

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8Get an update here on this

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8A new CMD takes over in OIL

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8RIL has selected its technology suppliers as well as FEED consultants for its multi-billion dollar petrochemical expansion in three different locations
Find out more on who these winners are

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Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project EventThe RFQ for the ammonia storage tank with associated facilities has been out and the due date has been extended from 11 July to 8 August 2022.
DAP/NPK Greenfield Project
8Cost: 300 Cr.
8Project Event: The feasibilitty studies are still ongoing, which is likely to be completed in October 2022. RFQ for the LSTK contractor is likely to be released in Q3 FY 2022-2023. PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned.

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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)

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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.

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

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Phosphorous acid recovered in the imported market of Mumbai.

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

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

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

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

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

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Butyl cellosolve prices were assessed lower in the Kandla market.

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Aug 03, 2022: Fall in DMF prices

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

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

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

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

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

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An elevated trend is noticed in IPA prices.

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