Demand for PVC is gradually increasing in the domestic market.

On Aug 17, 2021, the purchase trend for EVA Increased in major domestic polymer hubs.

Price changes in the Mumbai polymer market have been reported by our analysts.

A major Taiwanese producer has offered its PVC in India.

8The website carries here our weekly outlook for MIBK
8Find out how prices are going to behave ahead

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

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

8Saudi Aramco will pay up as much as $25 billion for a stake in RIL
8Find out the details of what the deal can be

8The Plastic Waste Management Amendment Rules notified by the Centre on August 12 acknowledge the gravity of pollution caused by plastic articles of everyday use, particularly those that have no utility beyond a few minutes or hours
8Under the new rules, the manufacture, sale and use of some single-use goods made with plastic, polystyrene, and expanded polystyrene, such as earbuds, plates, cups, glasses, cutlery, wrapping and packing films, are prohibited from July 1 next year, while others such as carry bags must be at least 75 microns thick from September 30, 2021, and 120 microns from December 31 next year, compared to 50 microns at present
8Find out what the implications are

8What are the regulations around fine chemicals in South America's four countries of Bolivia, Colombia, Ecuador and Peru

8Agrochemical registrations are big issues, particularly in countries like Japan
8How do you get over the issue?

8High import prices and raw material costs have squeezed Indian fertilizer producer margins, with second-quarter earnings falling

Also get the outlook for
8Propylene
8Acrylonitrile
8PE
8MEG
8Recycled PE

Get the outlook for next week for
8Naphtha
8MTBE
8Toluene
8Isomer-mx
8Ethanol

8ONGC's decision not to cancel the price bids of bidders who peremptorily disclose their price bids was based on an incident involving an offshore vessel bid

8What is the latest update on the Nagapattinam greenfield EPCM selection?
8The EPCM consultant had been selected but the LOIs are getting delayed

There is concern in ONGC over the delay in gas production from the KG-DWN-98/2 block.
8What are the new milestones for gas production?
8Also, the executive director in charge of the block has changed, instead of the hands-on style of the former ED Arvind J Morbale the style of the present incumbent Adesh Kumar is different, often brass. That is slowing things down too, it is reliably learned

A producing field that was lying utilized for over 10 years and it has finally started working
8The field has a long history, but the point to note is that work has begun
8Expect more business from it going ahead

8More CGD entities are coming up for bidding

8Yara, Aker and Statkraft launch green ammonia JV in Norway
8Know more

Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: All the project activities are still on hold due to second wave COVID, the project is likely to be activated in Q3 2021. The project authorities when spoken to claim that they are very keen on the project
Single Super Phosphate Expansion Project
8Cost - Rs 35 crore
8Project Event: The procurement work Valve, Pumps, and Drum has been completed, the installation of Valve has been completed, pre-commissioning is ongoing and commissioning is likely to be completed in September 2021.

8India's top gas importer Petronet LNG hopes to extend its long-term deal to purchase liquefied natural gas (LNG) from Qatar to beyond 2028, the company's head of finance V.K. Mishra said on Monday.

8Saudi Aramco is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's oil refining and chemicals business for about $20 billion to $25 billion in Aramco's shares, Bloomberg News reported on Monday.

8Finance minister Nirmala Sitharaman on Monday ruled out a cut in excise duty on petrol and diesel to ease prices, which have touched an all-time high, saying payments in lieu of past subsidised fuel pose limitations.

8Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry's future.