8A powerful new bureaucrat has been appointed in the DOF

8An NPK/ NPS supply tender is out

On February 11, 2022, trading sources reported a fall in acetonitrile prices in the Ahmedabad chemical market.

8New tender out for DAP imports

Styrene Monomer prices have climbed higher in Chennai.

PLL has extracted a high cost on its offtakers through its "use of pay" charges during the pandemic
8Such charges multiplied six times, after offtakers couldn't lift their committed quantities of gas
But offtakers are unwilling to pay these charges

Ammonia-Urea Brownfield Project
8Cost: 6000 Crore
8Project Event: 95 % of construction work has been completed, the installation of equipment is ongoing. Procurement of machinery orders are already completed, procurement of other services is ongoing, also pre-commissioning is ongoing, Commercial production is likely to be started from June 2022 in place of March 2022.

Sulphuric acid Plant Greenfield Project
8Cost:  100 Crore
8Project Event: The procurement work is ongoing, company has invited Expression of Interest from LSTK contractors and based on their response, techno-commercial offers will be invited. Tendering process is still ongoing. It is likely to be finalized in Q1 FY 2022

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8India aims to increase its domestic coal production to 1.2 billion mt by 2023-24 to reduce imports and bridge the demand-supply gap, according to a coal ministry statement Feb. 9, a near 75% rise from what the country produces currently.

8The Hydrocarbon business of Larsen & Toubro (L&T), has secured two offshore projects from a prestigious overseas client.

8OPEC said on Thursday world oil demand might rise even more steeply this year as the global economy posts a strong recovery from the pandemic, a development that would underpin prices already at a seven-year high.

On February 11, 2022, a significant fall in pure polyester yarn (T40S) prices was registered in Mumbai.

A rise in demand has raised viscose filament(120D/30F) prices in Ahmedabad.

High DMC prices were recorded at Mumbai today.

Petrochem sources in Mumbai have reported a rise in PVA prices.

A rise in demand has raised Isophthalic acid prices in Ahmedabad.

A sharp fall in Adipic acid prices was noticed in the Delhi chemical market today.

On February 11, 2022 Petrochem sources reported a fall in zinc oxide prices in the Mumbai chemical market.

On February 11, 2022, 2-ethyl hexanol prices witnessed a fall in the Ahmedabad chemical market.

A rise in trichloroethylene prices was noted in the Delhi chemical market today.

Petrochem sources reported a significant fall in non-ionic surfactant prices in the Mumbai market.

Nitrile butyl rubber grade 3445 prices were quoted lower today in the Delhi market.

Ahmedabad Petrochem sources have reported a rise in carbendazim prices.

On February 11, 2022, a significant fall in chlorpyrifos 97% prices was registered in Delhi.

Butyl acetate prices have been revised at Hazira.