News & Bulletin Updates

On July 19, 2022, Mumbai witnessed a fall in palm wax prices.

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Azoxystrobin 98% prices were much lower in the Delhi market today.

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Chlorothalonil prices were much higher in the Ahmedabad market today.

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Sodium acid pyrophosphate prices in the Delhi market have fallen sharply.

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On July 19, 2022, trading sources reported a fall in VAM prices in the Mumbai chemical market.

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Petrochem sources reported a massive fall in acetonitrile prices in the Mumbai chemical market.

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MX prices have witnessed a huge fall in the Chennai market.

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A fall in PTA prices in the imported market of Mumbai was noted on July 19, 2022.

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DOP prices firmed up in Chennai in anticipation of tight regional product avails and improved buying sentiments.

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Ammonia prices are unlikely to see much relief
8Which are prices projected to go up?

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8A study was conducted using available renewable energy resources area to provide electricity and freshwater access for five un-electrified grid-disconnected villages in Odisha
8It was a sophisticated study that used different energy inputs, and it finally came up with what could be the best possible combination. including funding and ROI parameters

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8Here is an update on the capex plans for coal mining releated projects

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8Rakesh Kacker and Nidhi Srivastava write: Looking at coal from a singular focus on GHG emissions will give a myopic view of energy requirements for a growing economy like India.

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8India needs to ramp up investment in green energy to achieve its ambitious renewable energy targets, as it is unlikely to meet these at the current pace of expansion, analysts say.

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8Indian power producer Torrent Power will seek to expand its renewable energy portfolio by acquiring new projects and explore new opportunities in the transmission and distribution sectors in the next few years.

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8Coal India (CIL) has cancelled its maiden tender for short-term imports of coal, in which Adani Enterprises had emerged as the L1 bidder.

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8Russian steel find their way to India
8And settlement terms are very attractive too
8And Indian companies are worried

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8Find out how this is going to be done

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8Find out what they are

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Jindal Steel and Power have posted a great Q-1 2022-23 performance
8But why is there a call to reduce holdings of the company's shares?

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8This company is one of the largest producers of steel wires in the country
8And it has even more ambitious plans ahead

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Deva Drill Tech is a 100% export-oriented unit which manufactures speciality chemicals.
The company currently manufactures a whole range of speciality chemicals required in different facets of the crude oil industry, i.e. drilling, cementation, workover, production and transportation of oil and gas and has a manufacturing capacity of 15,000 MTPA.
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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8A small sized Synthetic Organic Chemical Manufacturing Unit with a capacity of 90 MTPM is coming up

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8Some question marks are raised

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NFCL has two Urea plants of a capacity of 2,300 MT per day each. Besides manufacturing, NFCL is also involved in the trading of Urea, Specialty Fertilizers and Agri inputs.
8One unit however is shut, and the company currently wants to maintain a low profile

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