8JK Cement to venture into paints

8Granular urea prices this morning traded at a new 34-year high of $880/st fob Nola for April shipment

8Nippon Shokubai Co., Ltd gets ISCC certification for superabsorbent polymers

8One of the world's great engineering companies, Topsoe, is bent on pushing its climate friendly technologies globally

8Brenntag acquires specialty chemical distributor in Israel

8ASTM International’s plastic piping systems committee (F17) has approved F3497, a new standard test method that will help ensure PP pressure piping materials are suitably resistant to the presence of disinfectants in potable water systems

8Get rubber prices in Singapore

Megha Engineering & Infrastructure Ltd is in the process of handing over the first lot of new-generation 2000 HP, new generation onland drilling rigs. The one that was delivered today was a High Pressure High Temperatue rig
8Megha has a Rs 6000 crore order from ONGC to supply onland drilling and workover rigs
8Despite COVID and logistical issues that followed, the rigs are being rolled out with the help of 30 to 40 Drillmech experts (the European drilling company that Megha took over) based out of India
8There are also dozens of Megha engineers who were involved in the rig building process
8"We are trying to deliver the rigs as per our promised timelines, Megha said. ONGC has extended the timeline for deliveries due to COIVD and there is no LD levied on us," company executives emphasised
8Rigs are most likely also going to be operated by Megha personnel. Also, Megha is now trying to be a global player, at highly competitive rates, and one order has come in from Mexico
8There was a 35 minute briefing given by Megha executives on this
8And everyone in this business must listen to it

The government has awarded a contract in the Mongolia refinery project.
8But India finds itself in a tight spot now, from where it is hard to proceed ahead and harder still to retreat

8There are modifications in local content definitions under the purchase preference mandate in oil & gas jobs

Gas prices are at frighteningly high levels
8And this is expected to completely disrupt everything around.
8JKM is not just insanely high, but also H1 Aoril, H2 April, H1 May and H2 May are also equally high.
8Also get and idea of DES JKM Derivatives prices are in London
8What is the DES Mediterranean Marker level now?
8The Middle East Marker is also equally high

Amit Shah is taking his job as minister for cooperative very seriously
8He is also spending more time in a newly allocated space for the ministry

8As gas prices move upwards, IGX seems to be gaining business

The west's real threat comes from China and not really Russia.
8And what has happened subsequent to the war is that Russia will now be forced into the lap of China
8In the near term, China will suffer from higher energy costs and commodity prices much like other energy importing countries. The economic and geopolitical fallout pose challenges for China in this critical year of a domestic leadership transition, a time when it is seeking stability. But in the longer-term, China could benefit from higher volumes of yuan-denominated trading (should Russian sellers chose to rely on it) and greater use of China’s payment settlement system
8Russia’s growing international isolation could also lead it to offer attractively priced gas pipeline deals to China and open up new investment opportunities for Chinese firms in Russia’s energy sector

The most dramatic impact of the Russia-Ukraine war is to be felt in this industrial town of India.
8In April, it is projected that price will go up to a never-before Rs 90-93/SCM
8Around 35% of the units are shut and an equal number is likely to shut down further
8The seismic waves out of Ukraine are now hitting Indian shores

8A director finance slot is available in a fertilizer related compay

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8Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel.

8The ongoing record surge in oil and gas prices will benefit upstream and gas utility companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) as realisation will be higher, equity research firm ICICI Direct said in a report.

8Chief Minister Basavaraj Bommai hinted at the possibility of nano urea becoming widely available for farmers as a fertiliser. At the inauguration of the 12th Bengaluru India Nano Conference, the CM said that the fertiliser has been successfully tested in universities.

Petrochem sources in Mumbai have reported a significant rise in butyl rubber grade 1675N prices.

Polystyrene sheet prices have climbed higher in Mumbai.

Lead oxide 99% prices witnessed a fall in the Delhi market today.

TDI prices have climbed higher in Mumbai.

A significant rise in isophthalic acid was reported in Mumbai today.