8AGC, a world-leading manufacturer of glass, chemicals and high-tech materials, has received the “Industrial Contribution Award of the FCDIC Honoring System for FY 2021” from the Fuel Cell Development Information Center for its FORBLUE i-series electrolyte polymer dispersion for fuel cells, in recognition of its contributions to fuel cell development and related industry advancement

8China's largest integrated refining-petrochemical project was officially put into operation on Monday, and the facility is expected to reduce the imports of chemical raw materials by up to 10 per cent

8Discussions on the environmental impacts of plastics must consider two important facts about GHG emissions: plastics often have a lower emissions profile than current alternative materials and the use of ethane in the United States to produce plastics emits relatively fewer emissions than naphtha-based production in China or elsewhere
8Attempts to curb plastic production in the United States on the basis of reducing emissions would ultimately have a paradoxical effect of increasing emissions globally through a larger share of plastics produced in China using naphtha as a feedstock

8Officials said that of the mentioned $15 billion in petrochemical revenues, over $12.5 billion were injected into the Forex Management Integrated System, locally known as NIMA

Get here the cotton prices for today
8China Cotton Index : 16-05-2022: 22269 Yuan (Changed:-20)
8Karachi Cotton Association Spot Rate: 16-05-2022: Pak 21180 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future : 16-05-2022: July : 2022 : Rs. 49520 (Changed: +1020)
8NYBOT- Cotton Future: 16-05-2022: May: 2022 : $ 150.65 (Changed : +5.45)

8There was talk of a golden age for gas that was before the renewable industry become on full strength
8Top analysts are again talking of a golden age for gas

8Domestic gas availability and new trading hubs are providing more impetus to gas trading in India

Some gas pipeline companies are losing output due to high LNG prices
8Though take or pay clauses are keeping profitability levels up
8Only when prices drop with throughput improve though higher domestic gas supplies are helping

A workover rig is needed
8And the bid submission date has been extended

One of the largest research institutions in the world claims that Indian electric vehicle effort is not making the progress it should
8And a revolution is still a far cry

8Project Name: Bokaro, Hazaribagh & Ramgarh Districts City Gas Distribution
8Project Cost: Rs 300 crore
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8The government seems to be intervening at all levels to keep DAP prices down

Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project Event: The RFQ for the ammonia storage tank with associated facilities has been out and the due date has been extended from 12 April 13 June 2022, due to lack of bidder.
Ammonia-Urea Energy Saving Project
8Cost: 250 Cr.
8Project Event: Still, All the project activities are on hold due to lack of funds, Capital approval is still under process. It is likely to be elicited in Q2 FY 2022-2023. RFQ for the LSTK contractor is likely to be released in Q2 FY 2022-2023

Rs 1000 crore hydroelectric project
8Megha Engineering is involved in the civil work contract
8And site mobilization has happened
8RFQ for the HM works package is likely to be floated in Q3 2022.
Rs 1150 coal based project
8For the NDCT tender has Paharpur, Gamon, Sunil Hitech and Tata Projects are in the race
8RFQ for the circulating system package is likely to be floated in July 2022.
It is a Rs 5400 crore combined cycle gas-based power plant
8Gas is to be supplied from the Ennore LNG terminal
8Promoter claims that it is going ahead with it, and RFQs are ahead
Transmission line: RFQ in June
Construction of 400 kV D/C Sitamarhi - Dhalkebar Transmission Line
8RFQ for the ACSR moose conductor package is likely to float in June 2022.
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8One NPK shipment is coming on 20 May 2022
8One Sulphuric acid shipment is coming on 22 May 2022
8One Sulphur shipment is coming on 23 May 2022

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8The European Union's top diplomat says there is no guarantee that the 27-nation bloc will be able to quickly agree on a new set of sanctions against Russia, as a small group of countries led by Hungary oppose an oil embargo.

8Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in coming months as low prices spur demand from the world's No. 3 oil consumer and importer, tanker tracking data showed

8A government official, while speaking to CNBC-TV18, said the oil marketing companies (OMCs) may suffer losses owing to a pause in retail fuel rates for the last 40 consecutive days across the country, despite the rising trend in international crude prices.

8The initial public offer (IPO) for India’s second-largest manufacturer of non-urea fertilisers and di-ammonium phosphates (DAP) in the private sector, Paradeep Phosphates Ltd, opens for subscription today.

8Fertilisers stocks were trading higher on Tuesday at 10:24AM KRISHANA(up 3.76%), Madhya Bharat Agro Products(up 3.63%), NSE 2.86 % & Fertilizers(up 3.22%), National Fertilizer(up 2.84%), Southern Petrochemicals Industries(up 2.48%), Aries Agro(up 2.45%), NSE 4.99 % & Fertilizers(up 2.23%), Madras Fertlizers(up 2.11%), NSE 1.64 % & Fertilizers(up 2.10%) and Coromandel International(up 1.39%) were among the top gainers.

A rise in manganese oxide prices in Ahmedabad was reported on May 17, 2022.

Polyester DTY grade 75D/72F prices were assessed lower in the Delhi market today.

A fall in propylene glycol prices in the domestic market of Kandla was noticed on May 17, 2022.

DEG prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.