Petrochem sources in Ahmedabad, on March 5, 2022, have reported a fall in phosphorus trichloride prices.

Petrochem sources in Kolkata have reported a significant rise in DOP prices.

Domestic market sources reported a rise in Kandla’s MIBK prices today.

Prices for DEG are low at Hazira.

Acetone prices were assessed lower in the Kolkata market.

8Project Name: Agra District City Gas Distribution
8Project Cost: Rs 250 crore

8What is the latest status on PDIL disnvestment?
8There seems to be a lot of interest but will this eventually translate into a actual buyout?

It looks like the International Energy Agency (IEA) has been weaponized by the West.
8The IEA is now suggesting steps on how the West can become independent of Russian gas
8Thereby shunning its otherwise neutral stand as the world's foremost energy information agency
8For the IEA, antagonizing the world's third largest energy producer may not be to its interest, as countries like India and China keep a close watch on how the agency will conduct itself in the weeks and months ahead in the aftermath of the war

8Gas prices globally have gone haywire in the aftermath of the war

8The PNGRB chairman Tarun Kapoor may have to walk a fine line when taking decisions that may seem to show that the regulator in poor light: of leaning on one side or the other in a field where different economic interests can clash
8Are there indications that Kapoor may not be less than objective?

Sulphuric Acid/DAP/NPK/Ammonum Sulphate Expansion Project
8Cost: 550 Cr.
8Project Event: The company has hired the EQM as an environmental clearance consultant. The proposal for the term of references has been granted and final EIA report preparation is ongoing which is likely to be completed at the end of March 2022. RFQ for the LSTK contractor for the Sulphuric acid plant is likely to be released in Q1 FY 2022-2023.
Ammonia Greenfield Project
8Cost: 2773 Cr.
8Project Event: The proposal for the environmental clearance is likely to be submitted in Q1 FY 2022-2023. The RFQ for the contractor is likely to be released in Q1 FY 2022-2023

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8India’s first Floating Storage and Regasification Unit (FSRU), Hoegh Giant, arrived at H-Energy’s Jaigarh terminal in Maharashtra on Tuesday. With the berthing, the FSRU will now be gearing up towards commissioning in the coming weeks.

8Benchmark Brent crude oil prices climbed close to $120 a barrel on Thursday, with Russian oil exports disrupted as traders try to avoid becoming entangled in sanctions.

8Europe is scrambling to reduce its dependence on Russia for energy and bracing for potential disruption to critical natural gas supplies as Russia's war in Ukraine sends prices to new highs.

MDI prices were assessed higher in the Ahmedabad chemical market.

On March 4, 2022, the Mumbai market witnessed a rise in isophthalic acid prices.

On March 4, 2022, caprolactam prices moved down in the imported market of Ahmedabad.

Petrochem sources in Delhi have reported a rise in chlorpyrifos 98% prices.

Prices for manganese sulfate have increased in Mumbai.

On March 4, 2022 manganese oxide prices were reported to be stable in Mumbai.

N-Butanol prices are increasing in the Ahmedabad chemical market.

IPA prices were assessed lower in the Ahmedabad market.

Petrochem sources have reported that the Lauric acid prices are stable in Delhi.

Petrochem sources reported a significant fall in Styrene-acrylic latex prices in the Delhi chemical market.