DSM Engineering Materials announced the expansion of its high-performance materials production capacity at its Jiangyin plant in Jiangsu Province, China.
8Work on an additional compounding line began in February, with completion expected in 2023
8The new line will help DSM to meet growing demand for high-performance polymers used in a wide range of end-applications – particularly for electric vehicles and in electrics, and electronics – and will help drive the shift to a low- carbon, circular economy

8Mody Chem has a wide product portfolio which includes about 20-25 types of chemicals including phenol, acetic acid, acetone, dimethyl formamide, methanol, melamine, ortho xylene and toluene catering to the needs of various end user industries like pharmaceutical, resin, dyes, paint and formaldehyde
8But the margins are thin

8Chemical Process Piping Pvt Ltd is engaged in manufacturing of Fiber reinforced plastic (FRP)/ Glassfiber reinforced plastic (GRP), Glassfiber reinforced Epoxy (GRE) and thermoplastic pipes and fittings at its manufacturing facilities located in Maharashtra (Khopoli) & Gujarat (Baroda)
8It is doing well

It looks like coal gasification is something that the government is taking very seriously.
8A budgetary announcement was made
8But the next steps ahead are not known
8However there is activity on this front in the govenment

The ONGC brass has faced all kinds of allegations when it comes to promotions.
8But this particular accusation is unique besides being embarassing
Find out more

8Shell is handing out some E&P related contracts

The appointment of the chairman of the PNGRB is still pending.
8And there a lot of work pending too

8Project Name: Ahmedabad District (Rural) City Gas Distribution
8Project Cost: Rs 250 crore

8Project Name: Lucknow District City Gas Distribution
8Project Cost: Rs 300 crore

How exactly will oil prices be impacted by the Russia-Ukraine war?
8What kind of upward premium are we talking about here?
8And where can additional supplies come in, if Russian supplies are curtailed
8Get a very exhaustive analysis here, and while prices are expected to stay above $100, the price is likely to be range-bound beyond this point
8What is the impact of the crisis on India's energy imports?

Ammonia-Urea Energy Saving Project
8Cost: 250 Cr.
8Project Event: The feasibility studies are still ongoing by PDIL, RFQ for the LSTK contractor is likely to be released in Q1 FY 2022-2023.
Ammonia-Urea Expansion Project
8Cost: 150 Cr.
8Project Event: The company is still waiting for approval for the loan. The project has elicited environmental clearance in Jan 2020. RFQ for the EPC contractor is likely to be released in Q1 FY 2022

8State-run Indian refiner Bharat Petroleum Corp. is seeking extra oil from Middle Eastern producers for April, fearing Western sanctions against Russia could hit deliveries of Urals crude, a source familiar with the matter said.

8Western sanctions will likely delay Rosneft’s planned petrochemicals expansion at its Indian refinery, industry executives with knowledge of the matter said.

8Russian President Vladimir Putin and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed vowed Tuesday to maintain energy market stability, the UAE's state news agency said.

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8The website carries here our weekly outlook for weekly outlook for cyclohexanone
8Find out how prices are going to behave ahead

8We are carrying here a weekly EGME market report
8Find out what kind of prices are projected going ahead

8Find out our weekly analysis, price charts and projections on concentrated nitric acid price movements for the coming week

8The website carries here a weekly outlook on phenol prices
8Find out what our analysts are saying about how prices will behave till next week

Delhi petrochem sources have reported a rise in glyphosate prices today.

Petrochem sources in Mumbai, on March 3, 2022, have reported a fall in potassium dihydrogen phosphate prices.

A fall in phosphoric acid prices was registered in the Ahmedabad market today.

PVA gh17r prices have increased in the Ahmedabad imported market today.

Isophthalic acid remained high in Ahmedabad today.

On March 03, 2022, trading sources reported a fall in polymeric MDI prices in the  Mumbai chemical market.