8There is enough feedstock and there is generally enough materials but the fear of not being able to supply makes companies take irrational decisions

8The Polish company expects a sharp rise in demand for powdered rubber from end-of-life tires (ELTs), as supplied via its collaboration with a Swiss tire recycling company

8Big EPCM jobs are on the anvil in the petrochemical sector that is likely to keep winner busy

After an RIL affiliate bought gas from the KG Basin and sold it at IGX at super normal profits, the issue of re-selling of gas not be solved as yet
8It has been now confirmed that the government allows for reselling of gas, and what is more there is no notification yet on banning such transactions
8Find out in what context such confirmation came by

8The Directorate General of Shipping's fresh guidelines has caused much consternation in the offshore marine spread and rig industry
Find out more

8Government-owned oil and gas explorer and producer Oil and Natural Gas Corporation (ONGC) has appointed Pomila Jaspal as the Director (Finance) and Chief Financial Officer with immediate effect, the company informed the exchanges on Tuesday.

8Fitch Ratings on Tuesday cut its India gas consumption outlook for the current fiscal to a growth of 5 per cent as the recent spike in domestic gas prices and high LNG rates would slow the shift to the environment-friendly fuel.

8OPEC's share of India's oil imports for the 2021/22 financial year remained almost flat year on year, arresting sharp declines over the the past six years, as refiners snapped up short-haul crude from the middle east to counter rising global prices.

8India has assured Mongolia, a neighbour of China, assistance to develop its space, telecommunications and energy sectors including expediting creation of an oil refinery.

8India's state-run refiners are planning to buy as much Russian oil as possible while shifting their purchase strategy from tenders to negotiated deals to extract deeper discounts, people familiar with the matter said.

Sulphuric acid Plant Greenfield Project
8Cost: 100 Crore
8Project Event: Tendering process is still ongoing. LSTK contractor is likely to be finalized in June 2022. The procurement work is ongoing, company has invited Expression of Interest from LSTK contractors & based on their response, techno-commercial offers will be invited.
Ammonia Brownfield Project
8Cost: 250 Crore
8Project Event: The project is in the initial phase and discussion is ongoing, project activities are still on hold. Discussion with local EIA Consultant is ongoing, RFQ for the Environmental Impact Assessment consultant is likely to be released in May 2022

8One DAP Shipment has reached on the 21st of April 2022
8One Ammonium Sulphate Shipment will reach on 21st of April 2022
8One APS Shipment will reach on 21st of April 2022
8One Phosphoric Acid Shipment will reach on 21st of April 2022

8India’s fertiliser subsidy expenses could touch Rs 2 trillion in 2022-23 because of a sharp spike in global prices of urea, di-ammonium phosphate (DAP) and muriate of potash (MoP) in the last one year, an official with the fertiliser ministry said on said.

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Di calcium phosphate prices were quoted lower in the Delhi market today.

A significant rise in pendimethalin prices was reported in Delhi today.

Zinc oxide prices were much higher in the Delhi market today.

Polyester yarn prices climbed higher in the Ahmedabad market today.

A cut in ferro silicon prices in the market of Ahmedabad was noticed on April 20, 2022.

On April 20, 2022, Petrochem sources reported a steady trend in zinc oxide prices in the Mumbai metal market.

Petrochem sources have reported a huge fall in IPA prices in the Ahmedabad market.

Petrochem sources have reported a significant lift in lauric acid prices in the Ahmedabad market today.

Pure acrylic emulsion prices were much higher in the Ahmedabad market today. 

A revision in NBA prices has been announced by Andhra Petro.

On April 20, 2022, the Ahmedabad market witnessed a rise in MEG prices.