High EPDM grade 330  prices were recorded in Ahmedabad today.

NBA prices have moved significantly higher today in Kandla.

On February 19, 2022, the Mumbai market witnessed a rise in MEG prices.

High DEG prices were recorded at Hazira today.

IPA prices were quoted lower in the Kandla chemical market today.

8There is an increase in price
8The company made an announcement to that effect

8It is the 7th largest BOPET thin film producer in the world and with a consistent capacity utilization higher than the industry average
8Find out more on what the company is up to

8Technology provider Honeywell and energy company TotalEnergies are to promote the development of advanced plastic recycling as part of a strategic agreement, according to a joint statement released Feb.17

8GACL-NALCO Alkalies & Chemicals Pvt Ltd is setting up a 800 metric tonne per day (MTPD) caustic soda plant (CSP) along with a 130 (65*2) megawatt (MW) coal based captive power plant (CPP)

8It can now map a cradle-to-grave matrix for its pigments

8Mitsubishi Chemical Corporation has developed a manufacturing technology for MMA (methyl methacrylate) monomers that uses plant-derived materials and have begun designing a pilot plant

8There is a bulk requirement for 8000 tonnes of methanol as well

8There is a bulk requirement of palladium chloride and platinum chloride catalyst coming up

8AlzoNoble announced this week it plans to invest in the expansion of in-house resin manufacturing as part of its Grow & Delivery strategy

8Get rubber prices in Singapore

What are we hearing about Haldia Petrochemicals' FEED-cum-EPC tenders for its greenfield complex at Cuddalore is that it using a GATE process, which vendors are now accepting as reasonable enough.
8Further, the project promoter is willing to pay up too for the effort made by contractors, we hear

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

Project Name: Kandla Brownfield LPG Import Terminal Expansion Project
8Project Cost: 730.2Cr 
The project has gone through some active tendering
Project Name: Jodhpur Greenfield LPG Bottling Plant Project
8Project Cost: 230Cr                                  
Get the full contracting derails here

The onland rig market has become very competitive
On this tender there were the following bidders
8Quippo
8Deep Industries
8Simplex
8Jay Bee Engineering, one and half years back, son and daughter, two years back
8Om Infra
8John energy
Find out the capacity of the rig, and where is it to be deployed

8Imports have finally become easier for the E&P sector

8Two onland rigs are needed for hire

India, the first global scale hydrogen capacity announced by RIL speaks of going from making fossil-fuel based hydrogen to green hydrogen based on renewable energy
8But the first big step into going straight into green energy has already been taken in Europe, where a steel and a fertilizer producer have joined hands to produce hydrogen using as much as 9.5 GW of solar power
8This is eventually a step change, as both steel and fertilizer producers have committed to pick up the commercial hydrogen produced by the JV
8Financial closure is expected by summer, 2022
8These are rapid technological developments that Indian policy makers and entrepreneurs must keep and eye on even as cost-economics are seemingly uneconomic at this point in time. In India too, there is talk already of using green hydrogen, with the Adanis mulling the possibility of using green energy for a 1 lakh tonne PVC plant. The fact that such a plant is even thought of is one giant step in the right direction

The government has come out with a green hydrogen policy of sorts
8Will it be enough the fire up capacity creation?
8Also, an entirely new ministry will deal with this segment, creating complications for oil & gas companies

A growing list of foreign companies are taking advantage of the PLI scheme of the govrnment.
8And there are quite a few options available
8Specialist firms are now doing all the guidance for foreign companies wanting to set up shop

At least three new fertilizer plants are coming on stream this year
8And between them they will consume a good 6.6 mmscmd of gas, that is equal to three LNG cargoes a month.
8We spoke to people in each of these fertilizer plants to figure out when exactly will they come on stream
8Also, more importantly, what will be their rate of scale up of production, and when will they get to consuming their full 2.4 msmcmd quota each