News & Bulletin Updates

8ADNOC and Fertiglobe have sold a cargo of blue ammonia to INPEX in Japan, for use in power generation applications
8Know more

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Ammonia-Urea Energy Savnig Project
8Cost - Rs 200 crore
8Project Event: Basic engineering and Detailed engineering have been done by KBR and Tecnimont. The project has been commissioned in July 2021. Now the plant is working on an energy consumption level of 6.5 Gcal/MT.
Ammonia Greenfield Project
8Cost - Rs 2773 crore
8Project Event: The project is likely to be submitted as a proposal for environmental clearance in September 2021. in place of July 2021. The RFQ is likely to be released in Q3FY 2021.

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Aug 19, 2021: Fertilizer vacancies

Here is a fertilizer company, looking to fill up the following slots
8Manager (Finance)
8Chief Manager (Finance)
8Officer (Finance)

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8The government is "sensitive" towards the prices of petroleum products and is taking all possible steps to address the issue, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday and blamed the Congress for the trend of hike in petrol and diesel prices. If state governments want they can lower the prices of petrol and diesel, as a state did so recently, he said in a press conference at the Delhi BJP office.

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8Oil prices were little changed on Wednesday after four straight days of declines, helped by a bigger-than-expected drawdown in US crude inventories, though investors remain worried about the outlook for fuel demand due to a global surge in Covid-19 cases.

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On August 19, 2021 Naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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On August 19, 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.

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The international crude oil price of Indian Basket was quoted at around $68.91 per barrel on August 19, 2021.

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Low ethyl acetate prices were reported today at Ex-Satyam. 

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A revision in methanol prices has been announced at Hazira.

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

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Propylene glycol prices were assessed lower at the Kandla port. 

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

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

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8A virtual plastic expo is on involving petrochemicals, plastic, printing, packaging, paper, PVC compounding and footwear.
8Sometimes, it seems, the virtual world allows for better interaction than the real world
8Know all about it

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8Alka Chemi-Pack Private Ltd was lying dormant
8The company engaged in trading of base oil and paraffin wax, and decontamination of packing materials
8It has got about 100 crore of debt
8Know more about the company

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8A port congestion in China threatens petrochemical exports
8Those products coming in from China: Can there be a shortage in importing countries such as India?

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Aug 18, 2021: Capex plans: Details

The following companies have capex plans
8Sunrise Industries
8VL Medisynth
8VineelaThakkallapally
84S Laboratories
8Hikal
8Chambal Fertilisers and Chemicals
8Nadsone Industries

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Get weekly Asian petrochemical price update here
And compare these prices and their movements over time
Here are some conclusions
8PX and BZ spread increased
8Most olefins spreads increased
8PVC-0.5*ethylene spread increased
8PTA spread decreased but PET spread increased

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8Know more on the Remission of Duties and Taxes on Exported Products (RoDTEP) and what it entails
8But the rates have still not been announced for items

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8Agarwal Industrial Corporation Ltd is one of India’s largest integrated player in Bitumen.
8And it has registered triple digit growth in its top and bottomline
8And it has built very solid logistics
8Know more about this remarkable story

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8Visura (India) Ltd trades in polymer products
8GAIL and Brahmaputra Crackers are its main clients
8Know more about the workings of the company

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PVC prices have been raised by Reliance Industries Ltd.

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Reliance Industries Ltd has announced a revision in its PE prices.

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8Find here our fresh coverage of rubber chemicals
8The coverage involve about 50 grades
8Markets covered are Delhi, Mumbai and Ahmedabad

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