News & Bulletin Updates

8Raman Ramachandran has joined the board of Calibre Chemicals Pvt Ltd

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8Iran's petrochemical production this year is likely to total up to 104 million tonnes
8Methanol makes up 40 per cent of this production

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8South Africa's petroleum giant Sasol, with tentacles in the US, has reportedly engaged the services of consultant pariah Bain as pressure mounts in the UK and the US for its operating licence to be suspended
8Pressure is mounting on Bain from all directions in London, it seems

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8Globus Petroadditions Pvt ltd is engaged in production of ethanol, which is used as a motor fuel, mainly as a biofuel additive for gasoline
8But the company suffers from declining sales

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8Chevron subsidiary involved in oil spill in the Gulf of Thailand

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8Styrenics Circular Solutions has sought further EFSA opinion confirming the safety of mechanically recycled polystyrene as food contact material

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8Pyrum Innovations AG, a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, is deepening its collaboration with ELDAN Recycling A/S, one of the world's leading manufacturers of recycling machines, including shredders for ELT

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Feb 08, 2022: Linde expands deal

8Linde has expanded its deal with Celanese to  provide decarbonization solutions

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Feb 08, 2022: Rubber prices

8Get rubber prices in Singapore

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Domestic PET and ASPET prices have been announced by RIL.

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8We are carrying here a weekly Di Isobutyl Phthalate market report
8Find out what kind of prices are projected going ahead

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8The website carries here our weekly outlook for hydrogen peroxide
8Find out how prices are going to behave ahead

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Feb 08, 2022: NBR weekly synopsis

8Find out our weekly analysis, price charts and projections on NBR price movements for the coming week

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8The website carries here a weekly outlook on SBR prices
8Find out what our analysts are saying about how prices will behave till next week

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8Two bidders have dropped out of the race for the Haldia petrochemical complex FEED-cum-EPC race at Cuddalore.
8What about the rest?

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There is a huge to-and-fro cost whenever a PNGRB decision is challenged with the appellate authority.
8As the appellate authority does not have the wherewithal, the matter is often assigned back to the PNGRB as it has the wherewithal to make any alternations or provide technical inputs
8It is always necessary to have an appellate authority but a lot of streamlining will be needed for the process to bear fruit

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What is the status on RIL gasifiers and the spinning off the gasifiers into an independent entity?
8We have gathered some more details on this

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The new Ministry of Cooperative is planning to cut some of the cooperatives down to size.
8These reforms are likely to adversely impact current power structures in existing cooperatives, as per a briefing elicited from highly placed sources for this website
8Find out more on what these sweeping changes are, and what kind of impact they will have

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8It looks like Oilex has eventually been able to official own GSPC's stake in the Cambay field
8Get the details here, including a financial analysis of Oilex

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8A work over rig requirement has come up

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

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The IPL urea tender has concluded
8And prices have fallen very sharply indeed
8But this is likely to be a temporary retrieve

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Sulphuric acid Greenfield project
8Cost: 100 Cr.
8Project EventThe RFQ for the LSTK contractor is likely to be released in April 2022 due to a delay in the internal discussion. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions).
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost: 48 Cr.
8Project EventThe proposal for the term of references has been granted, the final EIA report preparation is still ongoing. Proposal for environmental clearance is likely to be submitted in March 2022. RFQ for the LSTK contractor is likely to be released in April 2022.

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8Brazil’s state-run oil company Petrobras has made a deal to sell its fertilizer plant
8Find out more

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Feb 08, 2022: International News

8Acron Group and Haldor Topsoe have signed a MoU to develop green technologies together
8Know more

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