8Net Revenues for Q1 FY23 up 46% YoY at Rs/cr 2,851
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8Adani Group to set up a plant for manufacturing PVC from coal in Mundra, Gujarat. for which it has approached SBI
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8The continued depreciation of Asian currencies against the strong US dollar is quashing hopes of a petrochemical demand recovery, as imports become more expensive, eroding the purchasing power of buyers in the region
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8The petrochemical industry is expected to grow by 5% to 6% annually despite current uncertainties such as the Russia-Ukraine war, according to the Malaysian Petrochemicals Association
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8The refining and petrochemical industries both appear to be approaching cycle inflexion points. Refining players are seeing valuation de-rating, and petrochemical companies’ valuations look to be nearing closer to their bottom points
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8LG Chem is introducing cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence (AI) and big data to its major business sectors so as to fully embrace the Fourth Industrial Revolution
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8The company is the largest flexible packaging company in India and one of the global leaders in polymer sciences. It is fully integrated to have a presence across all verticals of the flexible packaging value chain
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Saudi Arabia's Basic Chemical Industries has started commercial production at its new chlorine plant.
8The plant also produces caustic soda, sodium hypochlorite and hydrochloric acid products. All necessary operational licenses have been obtained
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8Bayport Polymers, a 50/50 joint venture between TotalEnergies. and Borealis, today announces the start-up of a new ethane cracker with an annual production capacity of one million tons of ethylene
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8LG Chem exports its first bio-balanced phenol and acetone in earnest
-Shipping 5,200 tons of phenol and acetone to one of the world’s leading producers of renewable polymers
in Germany
-The largest export contract ever in South Korea for low-carbon products certified by ISCC PLUS
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8India’s track record over the past 20 years based on key performance indicators pertaining to the automobile, tyre, and rubber sectors has been impressive
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8Get here the cotton prices for today
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This EPC contractor bid really low for a sulphur recovery unit
8So much so that there was all round cynicism whether the company will be able to complete the project at that price tag
Find out what is the status as of now
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8The much anticipated LNG terminal tender is here
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A big seismic tender is out
8And this will lead to a lot of action
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Even though the market is bullish, drilling and production jobs in the E&P sector, particularly for those who are experienced, are difficult to come by.
8But here is an opportunity
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Rs 5000 crore greenfield hydroelectric project : HM package delayed
8The forest clearance stage 2 is pending at DFO
8Bids evaluations are in progress for the EPC package.
8Find out who is in the race for the same package.
8The HM works package is likely to be floated in Q4 2022.
Rs 900 crore greenfield hydroelectric project: PMC Package
8The preparation of DPR is in progress and it is in the advanced stage of completion
8Due to bad weather and frequent landslides delays the project for execution.
8The public hearing is yet to conduct
8PMC package is likely to be floated in August 2022.
Rs 700 crore greenfield hydroelectric project: EM Package
8The forest clearance stage 1 and stage -2 were accorded by the was accorded by MoEF and DFO
8The project got delayed due to a financial crunch.
8Pre-bid meetings are in progress and the technical bid will be opened soon for the EPC package.
8EM works package is likely to be floated in September 2022
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Ammonia Brownfield Project
8Cost: 250 Cr.
8Project Event: RFQ for the Environmental Impact Assessment consultant is likely to be released at the end of August 2022. due to a delay in the discussion. The project is in the initial phase
DAP Expansion Project
8Cost: 20 Cr.
8Project Event: The environmental clearance is still under process; it is likely to be elicited in August 2022. RFQ for the LSTK contractor is likely to be released in September 2022
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8Project Name: Narmada (Rajpipla) District City Gas Distribution
8Project Cost: Rs 250 crore
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8Project Name: Bulandshahr District City Gas Distribution
8Project Cost: Rs 350 crore
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8Find out more on when exactly is production meant to start in this plan
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8In a growth that holds diplomatic significance and brings fiscal financial savings, Russia has emerged as the biggest provider of fertilisers to India throughout April-June (Q1, FY23) this 12 months.
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8Two ROCK PHOS shipments are coming on 30 July 2022
8One UREA shipment is coming on 31 July 2022
8One SULPHUR shipment is coming on 31 July 2022
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8Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner of world’s largest refining complex posted a lowerthan-expected profit.
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