On March 9, 2022, the Kandla market witnessed a rise in C9 solvent prices.
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Domestic market sources reported a rise in Mumbai’s acetic acid prices today.
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Petrochem sources at Kandla have reported a rise in NBA prices.
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Domestic market sources reported a rise in Mumbai’s aniline prices today.
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Tight supply coupled with high demand has raised MX prices in the Mumbai market.
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Petrochem sources have reported a significant fall in MP diol prices in the Kandla market.
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On March 9, 2022, the Mumbai market witnessed a rise in MEK prices.
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Indian speciality chemicals industry to grow from $32 billion in 2020 to $64 billion in 2025
8Clearly this is rapid growth
8Hear from an industry leader what lies ahead for this segment of the economy
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Get an outlook here for the following companies
8ONGC Mangalore Petrochemicals Ltd
8Mangalore Refinery and Petrochemicals Ltd
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8BASF to expand polyamide grades in Gujarat
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8There has been a revision in Chemexcil Membership Subscription fees from 1st April-2022 based on Export Turnover of the company
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8There is a tender out for procurement of liquid nitrogen
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Get the Asian price outlook for:
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol
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8Granular urea prices this morning traded at a new 34-year high of $880/st fob Nola for April shipment
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8Nippon Shokubai Co., Ltd gets ISCC certification for superabsorbent polymers
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8One of the world's great engineering companies, Topsoe, is bent on pushing its climate friendly technologies globally
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8Brenntag acquires specialty chemical distributor in Israel
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8ASTM International’s plastic piping systems committee (F17) has approved F3497, a new standard test method that will help ensure PP pressure piping materials are suitably resistant to the presence of disinfectants in potable water systems
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Megha Engineering & Infrastructure Ltd is in the process of handing over the first lot of new-generation 2000 HP, new generation onland drilling rigs. The one that was delivered today was a High Pressure High Temperatue rig
8Megha has a Rs 6000 crore order from ONGC to supply onland drilling and workover rigs
8Despite COVID and logistical issues that followed, the rigs are being rolled out with the help of 30 to 40 Drillmech experts (the European drilling company that Megha took over) based out of India
8There are also dozens of Megha engineers who were involved in the rig building process
8"We are trying to deliver the rigs as per our promised timelines, Megha said. ONGC has extended the timeline for deliveries due to COIVD and there is no LD levied on us," company executives emphasised
8Rigs are most likely also going to be operated by Megha personnel. Also, Megha is now trying to be a global player, at highly competitive rates, and one order has come in from Mexico
8There was a 35 minute briefing given by Megha executives on this
8And everyone in this business must listen to it
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The government has awarded a contract in the Mongolia refinery project.
8But India finds itself in a tight spot now, from where it is hard to proceed ahead and harder still to retreat
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8There are modifications in local content definitions under the purchase preference mandate in oil & gas jobs
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Gas prices are at frighteningly high levels
8And this is expected to completely disrupt everything around.
8JKM is not just insanely high, but also H1 Aoril, H2 April, H1 May and H2 May are also equally high.
8Also get and idea of DES JKM Derivatives prices are in London
8What is the DES Mediterranean Marker level now?
8The Middle East Marker is also equally high
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Amit Shah is taking his job as minister for cooperative very seriously
8He is also spending more time in a newly allocated space for the ministry
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