8World's first production of polypropylene from CO2 emissions has begun

Market sources reported that caustic soda lye prices were increased at Dahej today.

On September 2, 2021, the Chennai market witnessed a rise in benzene prices.

MEG prices have been revised by Reliance Industries Ltd.

New toluene prices have been announced by BPCL.

On September 2, 2021 ABS prices were reported to be unchanged for South Korea, FE Asia, South East Asia, India and NW Europe due to steady demand patterns in the region. 

Meghmani has announced a revision in MDC prices.

On September 02, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

Fresh ethyl acetate prices have been announced by SHK Omerga.

On September 2, 2021 the international crude oil price of Indian Basket was quoted at around $70.66 per barrel.

Market sources reported that acetone prices were reduced by SI Group today.

8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

GNFC has brought changes in its aniline prices, today.

8Our website carries a detailed coverage of petrochemical
8Here is our multi-grade, multi-city price list for petrochemicals

DEG prices have been revised by Reliance Industries Ltd.

Acetic acid prices registered a sharp fall in the imported market of Chennai.

We are proud to put together an extensive looking ahead import database for energy products
So what we have for today are import matrices
8Chemicals
8LNG
8Crude
8Fertilizers
8Ammonia
8LPG
8All tankers
8All bulk and dry cargoes
8A full update on petroleum imports and exports for July, with disaggregated data
8Port updates
36k MT of ammonia unloaded in India in the last 3 days
The following three shipments containing a total of 36k MT of ammonia and liquid ammonia were offloaded across India in the last three days:
8Coromandel International’s 3972 MT consignment of ammonia coming in from Mesaieed was set down at Kakinada on 1st September
8Coromandel International received another 7.5k MT of liquid ammonia at Visakhapatnam on the 30th of August
8On 30th August, another 25k MT cargo coming from Ukraina was unloaded at Paradip and received by IFFCO
55k MT of sulphuric acid arriving in India in the coming three days
8The shipments are coming from Fangcheng and Naoshima and will be received by IFFCO and Coromandel International.
32k MT of NPK offloaded at Kakinada
8National Fertilisers received a 32k MT shipment of NPK on 1st August
8The consignment was shipped by Saudi Arabia Mining Company via Ras Al Khair and carried by the vessel Sakura Kobe

A new breed of private companies are slowly invading the oil & gas space and the future belongs to them
8They have deep pockets, international outlook and they think long term
8Here is one company in the midstream segment which took a hit of over Rs 1000 crore last year and remains unperturbed because it knows it will eventually stand to make big money
8And the people manning them are young and very smart

The seismic survey industry in India has become very competitive.
8Bidders are quoting aggressively as was evident in a recent Oil India Ltd tender
And competitors are taking matters to court

Turf battles over which center will deal with which purchases is common in ONGC
8So much so that the company had to come out with a clarification over a clash between two divisions

Coal India's retrofitting of its dumpers with LNG can mean a lot of business and may eventually be a trend that may eventually have far-reaching implications.
8It is a business worth half a billion dollars per year
8But clearly, given the locations, a virtual LNG network has to be put in place
8And a lot of work will have to be done

Coal-based Ammonia-Urea & Captive Power Plant Greenfield Project
8Cost - Rs 6500 crore
8Project Event: The project is still on hold due to the company's internal matter. the project is likely to be activated in Q3 FY 2021. RFQ for the environmental consultant is likely to be released in Q3 FY 2021.
Note: India still will need a lot of urea, and new projects are needed, and a coal-based plant is already under construction at Talcher. So another project can ride on the benchmark for subsidy payments etc settled for the first one. It will make business sense, unless of course, coal goes completely out of fashion as it may for power plants, but is unlikely for a value-added project, such as a urea plant.
Ammonia-Urea Energy Saving Project
8Cost - Rs 217 crore
8Project Event: 99 % of construction work has been completed, the project is likely to be commissioned in October 2021, subject to the mobilization of foreign experts from M/s Siemens Sweden for commissioning.

This is a Rs 230 crore greenfield bottling plant
8Work is on, know the names of the various contractors for the job, including who is the EPCM (in case you have equipment and services to sell)
8The project was meant to have been completed in March 2021 but it has now been delayed due to COVID and the commissioning date has now been scheduled for May 2022

India earlier had the distinction of paying the highest landed price for LNG
8But it no longer, thankfully, enjoy that distinction

8Keep a check on how the COVID-19 wave is working its way through the Indian economy