8Price stability marked the Delhi polymer market this week, with SEBS (Styrene–Ethylene–Butylene–Styrene) Grade 751 from Taiwan-based LCY Group holding firm over two consecutive trading sessions

8Steady trends prevailed in the Delhi chemical market as Fumed Silica, Grade CAB-O-SIL M5 from Cabot Sanmar, maintained unchanged pricing over two consecutive trading sessions

8Prices of Polyethylene Glycol 600 (PEG 600) have moved upward in the Mumbai chemical market.

8In the Delhi market, the nylon yarn POY  grade 86D/24F segment is witnessing strong bullish sentiment driven by festive season demand, changes in raw material costs, and a prevailing demand–supply gap

8The Delhi chemical market has witnessed a notable decline in PGMEA prices, according Indian Petrochem analysts, as weak downstream demand and improved supply have weighed on the market

8Dioctyl Terephthalate (DOTP) prices in the Delhi market moved higher this week, supported by restricted availability and costlier raw materials

8Hengli Petrochemical has resumed operations at one of its polypropylene (PP) units in Changxing Island, China

8Wanhua Petrochemical has taken its No. 4 propylene oxide (PO) unit offline in Yantai, Shandong

8LyondellBasell Petrochemical has suspended operations at its HDPE facility in Wesseling, Germany, following a technical fault

Plastic use will be banned in temples under the Religious Endowment Department
8The first phase covers 25 temples
8Waste management units will be set up
8And violators will face fines

8MEDAS will build a 500,000 lpd ethanol plant for NSL Sugars
8The unit will run on sugarcane syrup and grains with energy-efficient systems
8Execution is already underway

8Kerala Rubber Ltd seeks technical officers for latex and dry products
8Apply online by August 27, 2025

8Thermax partners HydrogenPro for alkaline electrolyser systems in India
8Deal includes tech transfer, local manufacturing, and EPC execution
8A test station will be set up in Pune as a first step

8Shareholders okayed multiple director reappointments at the AGM
8Rs 2,000 crore debt issue approved
8Cost and secretarial auditors were also appointed

The chemical maker posted Rs 2,202 crore revenue in Q1 on strong phenolics sales
8Net profit held at ?202 crore despite cost pressures
8Results showed phenolics contributing over 75% of pre-tax earnings

8Q1 FY26 profit dropped 24% YoY to Rs 45 crore
8Revenue fell 15% to Rs 540 crore on softer demand
8Pricing pressure hit margins despite cost controls

The US raised tariffs on Indian textiles to 25%, set to double to 50% this month
8Exporters face slowing orders and cash flow strain
9Industry seeks soft loans and market support to retain competitiveness

8H1 profit dropped on high raw material costs and US tariffs
8A ¥30 bn savings plan and Dunlop expansion aim to lift margins
8Premium tyres to form a bigger sales share

Rs 900 crore down, this 2G ehtnaol project is still struggling to get on to its feet
8Technology is one problem.
8Feedstock is another, and the latest is that it wants to overhaul its feedstock handling system

8Malaysian palm oil stockpiles hit a 19-month high in July
8Analysts expect supplies to rise till October, capping prices
8Demand from India may lift the market later in the year

8This is one of the quickest acceleration we have noticed in recent time
8Yesterday the company has advertised for pre-tender meeting for NHT & ISOM units
8And now it wants meetings for a Delayed Coker Unit and the Hydro-Processing Block
8The PMC is actively involved, on what is going on

PLL’s PDH–PP pump tender tightens UOP IP control, eases financial bar for OEMs
8Petronet LNG’s rotary lobe pump package for Dahej’s PDH–PP project comes with strict NDA gates for UOP process data, but lowers financial thresholds — a mix that could reshape the vendor shortlist.
BPCL’s PRFCC ODC survey tender raises bar with pan-India, intra-Mumbai, and refinery-internal logistics mapping
8In a first for a GeM service bid, BPCL’s Mumbai Refinery route survey scope spans ports, city arteries, staging yards, and refinery pipe racks — all under a 60-day deadline. Tight re-survey obligations shift execution risk squarely onto the contractor.
GAIL pares back SAF DFR scope, puts ethanol–SAF tech risk and data costs on consultants
8The Maharatna’s revised Pata CO2 to SAF tender trims field tasks but hands consultants the bill — and the liability — for sourcing ethanol–SAF process data and market intelligence.
Third bid extension in BPCL’s Bina Petchem decoking compressor tender points to documentation bottlenecks
8BPCL has pushed the submission deadline for its high-spec API 672 decoking air compressor package at Bina Petchem to 26 August — the third extension — as vendors scramble to meet strict field-proven criteria and align with foreign principals.
MRPL’s 500 TPA green hydrogen tender stretches to October as LCOH metric and O&M risks narrow bidder field
8Five deadline extensions hint at bidder struggles with MRPL’s turnkey-plus-eight-year-O&M hydrogen tender. A strict LCOH-based award and 60,000-hour stack life guarantee put OEMs in the hot seat.
IOCL’s Digboi pushes back UCO tender deadlines as suppliers scramble for compliance
8The Digboi Refinery’s hunt for treated used cooking oil hits timeline snags, with back-to-back extensions hinting at supplier readiness gaps — but the move could set a precedent for bio-feed blending in India’s diesel stream.
IOCL’s Gujarat Bitumen project tender stretches bid window amid dual NDA roadblock
8Multiple bid extensions for the process traps package point to NDA-driven delays rather than scope changes. With licensor POERNER guarding IP under a 20-year confidentiality leash, bidders face a compliance marathon before supply even begins

Cairn’s offshore slickline EOI sets high bar: Dual guarantees, offshore track record, and deep QHSE scrutiny
8Cairn Oil & Gas has issued a global call for slickline services at Ravva and Cambay with some of the toughest pre-qualification terms yet.
8Dual bank guarantees for parent-backed bids, offshore track record demands, and granular QHSE documentation set a high entry bar — favouring Tier-1 multinationals over smaller domestic players.
Cairn’s asset insurance EOI narrows field to top-rated global reinsurers with proven indian footprint
8Cairn Oil & Gas is seeking only A- or better rated global reinsurers with leadership experience on at least 10 E&P accounts — and prior Indian exposure — for its 2025–26 asset cover.
8The high entry bar and 7-day submission window all but ensure a shortlist of incumbent Tier-1 capacity providers.
Cairn midstream eoi sets high bar: Strict PQCs, 10% bg rule narrow vendor pool for rajasthan–gujarat pipeline o&m
8Cairn Oil & Gas’ latest midstream ISC EOI locks in only the strongest players, with turnover matching annual contract value, liquidity floors, and proportional consortium qualification rules.
8Parent-backed bidders face a 10% BG hurdle, signalling a shift to tighter vendor control. Expect leaner competition—and a premium on integrated pipeline O&M credentials

8A new dry spinning unit in Changshu will raise Roica fibre output
8The move targets rising Asian demand for high-performance textiles

IOCL’s Haldia flare study tender resets ATCs, extends bid window — complex brownfield scope ahead
8Bid extensions and a full ATC reset mark IOCL’s push for a robust flare adequacy study at Haldia. The brownfield job demands hydraulic and radiation compliance planning under worst?case power loss, with future unit loads factored in.
PLL’s PDH–PP heat exchanger tender tightens cashflow terms, locks bidders in via NDA gate
8Petronet LNG’s Dahej petrochemical package for high?flux tube exchangers pushes a heavy back?ended payment plan and strict zero?deviation compliance, with UOP’s Oleflex specs locked behind a no?exceptions NDA filter.
IOCL extends bid window for Kochi Naval Base HFHSD pipeline EIA–RA study, keeps scope and PQC tight
8An extra week to bid gives accredited consultants breathing space to comply with stringent PQC for the Navy-linked HFHSD pipeline project, but IOCL holds firm on scope, timelines, and security-sensitive deliverables.
IOCL’s Panipat tender pushes High-TAN corrosion risk squarely onto vendors with penalties tied to every PPM and MPY
8In a Rs. 23.8 crore, two-year GeM tender, IOCL has laid out a penalty-laced roadmap for high TAN crude processing in AVU-I. Every chloride ion, iron particle, and mil-per-year loss will now carry a direct cost to the contractor.
HPCL’s Compressed H2 design tender stretches to Aug 19 — Pre-Bid queries reveal integration and redundancy challenges
8HPCL has extended its compressed hydrogen detail engineering tender after bidders flagged compressor duty, redundancy, and 3–4 km plant separation as key design variables. The move underscores how safety-code compliance and integration risks are shaping India’s early hydrogen infrastructure plans.
BPCL pulls plug on compliance due diligence tender for overseas counterparties — vendor pool, scope likely under review
8A niche BPCL tender to vet overseas partners was withdrawn days after closing, raising questions over vendor eligibility, contract safeguards, and the PSU’s evolving compliance playbook. Sources hint scope and structure may see a reboot