News & Bulletin Updates

There are a bunch of coastal traffic ship owners, mostly tanker owner, who depend on public sector oil companies for work.
8They enter into agreements with oil marketing companies for a period of one to two years
8Owing to the short tenure of these contractc, the long-term revenue visibility depends on the renewal of these contracts with existing clients or their ability to enter into new contracts with other counter parties
8The business has its risks but if you have the right contacts and intelligence, it is a good one to be in
8This company is an example of how business can thrive over time and with experience

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A total of 100 million tonnes of sugar cane bagasse is produced per annum in India.
8Current use of bagasse is mostly restricted to cogeneration of steam and power, however considering its potential, cogeneration is not the best valorisation route
8Bio-refineries is where the future lies, of generating revenues in a sustainable manner

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Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost: 1375 Cr.
8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited at the end of January 2022. RFQ for the LSTK contractor is likely to be released in February 2022

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DAP prices have skyrocketed
8Is the government now pushing an alternate nutrient?
8Will that help?

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8A big new fertilizer player is going about slowly making its mark
8It has moved in aggressively but without much fuss

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8Chemical fertilizers are getting increasingly insensitive to crop yield
8The government is promoting organic farming to substitute the use of chemical pesticides and fertilizers

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8Technology helps in finding new sources of fertilizers
8Find to find out more on what scientists are up to

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Petrochem sources reported a significant fall in VAM prices in the Kolkata market.

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8Both GSPC and IOC used different methods to meet its requirements of gas

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8India's top oil and gas producer ONGC is seeking a minimum price of USD 3.5-4 for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura.

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Petrochem sources confirmed that styrene monomer prices have slipped in the Ahmedabad market.

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Cyclohexanone prices have escalated in the Chennai market, today.

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8From now on, just call it Shell.

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8Oil prices rose slightly on Friday and posted their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant's impact on global economic growth and fuel demand.

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8Climate activist group Follow This targeted Exxon Mobil Corp with a shareholder resolution urging it to deepen its carbon emissions reduction targets, ramping up pressure on the oil and gas company over its energy transition strategy.

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A significant rise in NPG prices has been noted in Mumbai today.

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Isophthalic acid prices registered a sharp fall in the imported market of Mumbai.

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A decline in DIBP demand is noticed in the Ahmedabad market.

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PCE prices are rising in the Ahmedabad domestic market today.

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DOA prices were lower in the Delhi chemical market today.

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Diethanolamine prices are gradually picking up in the Mumbai market.

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Dec 13, 2021: DIBP at reduced rates

On December 13, 2021, DIBP prices fell in the Mumbai domestic market.

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On December 13, 2021, Petrochem sources confirmed that dilute nitric acid prices had increased in the Ahmedabad market.

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On December 13, 2021, Ahmedabad witnessed a fall in liquid chlorine prices.

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Isobutylene prices were quoted significantly lower in the Mumbai chemical market today.

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