News & Bulletin Updates

Globally the electric vehicle industry is now well underway.
8In many countries, EV sales are outpacing conventional cars
8Clearly, the revolution is yet to come to Indian shores
8What the government will do is to impose so much tax on these vehicles while coming in or insist on unfeasible make-in-India preconditions, that it will take a long time for the market to garner speed

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Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost:1800 Cr.
RFQ for EPC contractor will be out in January 2022 now
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
Vijay Tanks has got the contract. Construction to start on ground in February, 2022

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8The image of an ammonia converter being ferried down the Ganga makes for an impressive image

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8It is learned that three bid gas producers are in discussion with IGX for sale of gas

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The pollution levels in Delhi have reached such alarming levels that it is going to impact business practices in the capital.
8In fertilizer companies too

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8Find out how multiple economic parameters are looking up at the moment

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Nov 15, 2021: International news

8Plans have been unveiled for a $1.1bn ammonia plant
8Know more

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8State-owned Oil and Natural Gas Corporation (ONGC) on Friday reported the highest ever quarterly net profit by any Indian firm of over Rs 18,347 crore as it made a one-time tax gain on opting for a lower rate regime.

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8Could fossil fuels and Big Oil actually become ‘worthless’ within the next few decades, and what would this mean for the global economy? New research suggests as many as half of the world’s fossil fuel assets could become worthless by 2036 if the green energy transition goes ahead at the pace projected coming out of COP26. 

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8India and China today won a last-minute battle to water down the language on coal and fossil fuel subsidies in the cover text of the UN Cop 26 climate summit.

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8At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said.

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8The expected rise in trade deficit to about $20 billion this month, along with high crude oil prices, will weaken the Indian rupee further during the upcoming week.

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8Sky obscured by thick, gray smog. Monuments and high-rise buildings swallowed by a blanket of haze. People struggling to breathe. In the Indian capital, it is that time of the year again.

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

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Butyl acetate prices are gradually falling in the Hazira market.

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ACN prices have increased sharply in the domestic market of Kandla.

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Butyl acrylate monomer climbed sharply higher in Hazira, today.

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On November 15, 2021, trading sources reported a fall in phenol prices in the Mumbai chemical market.

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A fall in C9 solvent prices in the imported market of Mumbai was noticed on November 15, 2021.

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On November 15, 2021, trading sources reported a fall in NBA prices in the Kolkata chemical market.

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Phenol prices were quoted higher in the Kandla market today.

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Iso butanol prices registered a sharp fall in the imported market of kandla.

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DOP prices witnessed a fall in the Mumbai market today.

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A revision in octanol prices has been announced at Hazira.

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MMA prices witnessed a fall in the Mumbai market today.

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