News & Bulletin Updates

Digitization of a chemical plant
8This multinational technology supplier does a deal in India

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Caprolactam prices were quoted much lower in the Mumbai chemical market today.

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NPG prices were assessed lower in the Mumbai market.

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What are the key chemicals with supply deficits in India
8Also, can the supply be plugged with additional domestic production

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This refinery bid deadline is December 15
8And the PMC is hoping that it can generate enough competition

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8Both IOC and ONGC seem to be facing an issue with big vendor
8And both are looking at how to deal with it

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Get an update on the Pipeline Replacement Project-7 here
8There is a deadline coming up

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8The oil marketing companies are pushing biomass and waste to CBG plants now on a large scale

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8A big marriage between a renewable power company and an EPC major for hydrogen projects can be a game changer.
8Deep-pocketed, ultra long term renewable energy majors are now looking at entering the Indian petrochemical and chemical segments

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Process Air Compressor Greenfield Project 
8Cost: 347 Cr.
8Project Event: Internal discussion is still ongoing as well as studies on the technical specification are still ongoing, RFQ for the LSTK contractor is likely to be re-released in February 2022.
DAP Expansion Project
8Cost: 442 Cr.
8Project Event: All the equipment has reached the site, and installation is ongoing. 50 % of construction work has been completed. The project is likely to be commissioned at the end of May 2022

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8The government has a view on the ongoing shortage of fertilizers

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IFFCO has conducted trials on 10 crops using Nano fertilizer
8Find out more

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The government seems to be taking a slew of decisions to help IGX
8Find out what the latest such decision is
8As a consequence of these decisions, volumes have surged on the exchange

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8There gas auction sessions are set for the third week of December

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Digitization of a fertilizer plant
8This multinational technology supplier does a deal in India

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Dec 03, 2021: Daily import prices

8One Sulphuric Acid Shipment is coming up on 11th December 2021
8One Rock Phosphate Shipment is reaching on 14th December 2021
8One Ammonia Shipment is coming up on 5th December 2021

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On December 3, 2021, TCE prices increased in the Delhi market.

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8Pawan Kumar has taken over as Director (Commercial) of Indraprastha Gas Ltd, the largest CNG distribution company of the country operating city gas distribution networks in 27 districts of ten geographical areas across Delhi, Uttar Pradesh, Haryana and Rajasthan.

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8Oil prices rose on Thursday after OPEC+ decided to keep its oil production policy unchanged and add another 400,000 bpd on the market in January.

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8Chesapeake Energy Corp said on Thursday it would buy back up to $1 billion of stocks, becoming the latest shale producer to focus on shareholder returns, as energy prices recover from pandemic lows.

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8Russian oil pipeline monopoly Transneft is expecting its capital expenditures and oil flows via its network to rise in 2022, company managers said on Thursday.

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8Khaitan Chemicals & Fertilizers Ltd has been awarded the 'Best Environment Protection Award for Single Super Phosphate Plant' by the Fertilizer Association of India (FAI) at Delhi for its Plant situated at Nimrani (Madhya Pradesh).

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Petrochem sources have reported a huge fall in DOTP prices in the Delhi market.

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A hike in Paraformaldehyde prices was noticed today in the Delhi domestic market.

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On December 3, 2021, trading sources reported a fall in DOA prices in the Delhi domestic market.

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