News & Bulletin Updates

Tight supply coupled with high demand has raised DOP prices in the Chennai market. 

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Coal-based Ammonia-Urea & Coal Handling Plant Greenfield Project
8Cost - Rs 7484 crore
8Project Event: The feasibility study has been completed, project activities are ongoing. The company is planning to hire a PMC contractor first, RFQ for the PMC contractor is likely to be released in Q3 FY 2021.
Ammonia Storage Tank Greenfield Project
8Cost - Rs 250 crore
8Project Event: LSTK contractor is undertaking the purchase of equipment and services as of now, construction is likely to be started in September 2021.

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Petrochem sources in Chennai have reported a significant rise in MEG prices.

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NBA prices were assessed lower in the Chennai market.

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Aug 24, 2021: CMD resigns?

8There is speculation that the CMD of a public sector fertilizer company has resigned or will resign shortly
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Aug 24, 2021: Gas auction coming up

A domestic auction of gas is coming up
8Get the pricing formula
8Also know more on the gas purchase agreement involved

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8IFFCO is doing some innovative work
8Find out more

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8A pilot study has been undertaken to study potash extraction from ash produced in distilleries
8Know more

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8Adani Total Gas Ltd - the city gas joint venture of Adani Group and TotalEnergies of France - has acquired 50 per cent stake in a company that manufactures gas meters to aid its gas retailing business.

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8Billionaire Anil Agarwal's Vedanta on Monday said it has made a natural gas discovery in a block in Gujarat that it had won in the open acreage licensing policy (OALP) round.

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8Executive Director of Indian Oil Corporation Ltd (IOCL), Arvind Kumar, has been appointed as Managing Director of Chennai Petroleum Corporation Limited (CPCL), said Ministry of Personnel, Public Grievances and Pensions.

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Low imported Polyamide 66 prices were reported today in the polymer market of Ahmedabad

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8Iran restarted exports of gasoline and gasoil to Afghanistan a few days ago, following a request from the Taliban, Iran's Oil, Gas and Petrochemical Products Exporters' Union said on Monday.

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On August 24, 2021 Petrochem sources reported a fall in imported Imported POM prices in the Mumbai polymer market

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A significant fall in imported polyurethane prices was noticed in the domestic market of Mumbai on August 24, 2021

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Imported polyurethane prices fell in the domestic market of Ahmedabad today

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Petrochem sources have reported a huge fall in imported acrylic prices in the Mumbai market

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A fall in imported acrylic prices was noted today in the domestic market of Delhi

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ABS (MIF45) prices in the domestic market of Mumbai were assessed lower on August 24, 2021

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On August 24, 2021 Petrochem sources reported a fall in ABS (HI121H) IM prices in the Mumbai polymer market

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Weak buying sentiments have led to low ABS (MIF45) prices in Mumbai

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On August 24, 2021 Petrochem sources reported a fall in imported ABS (HI121H) IM prices in the Delhi polymer market

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Tight supply coupled with high demand has raised MEG prices in the Mumbai market.

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MX prices are slowly increasing in the Mumbai market.

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

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