News & Bulletin Updates

8Here is a desi chemical company which has elicited a Rs 130 crore in private equity funding
8You can do the same

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8Asian butadiene-naphtha spread crunched to a three-month low Sept.9, as butadiene demand remained weak

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8European plastics producers call for mandatory EU recycled content target
8Find out more on this interesting development

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8One particular plastic, polyethylene terephthalate (PET), has borne the brunt of this global scrutiny
8Here is an explanation as to why there is still a place for PET in the modern world

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8Petronet LNG Ltd, India's largest gas importer, is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set up an LNG import facility on the east coast
8Know more on what the company's plans are

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Sep 13, 2021: Latest EXIM data

8Get the latest chemical-import data for April-July, 2021

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8Clariant is a Swiss company with a presence in India
8Find out how big its involvement is in India

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Sep 13, 2021: Daily import matrices

Get the daily updates for
8Chemicals
8LNG
8Crude
8Fertilizer
8Ammonia
8LPG
8All tankers
8Bulk and dry cargoes
8Port updates

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8There have been some important developments in connection with the Haldia Petrochemicals Ltd's massive petrochemical complex at Cuddalore
8There is significant action anticipated ahead

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8Even as new companies such as Megha Engineering have entered the fray, there are other EPC companies in the downstream sector which are slowing down.
8Here is one multinational which is slowing down on the EPC front and gearing up to grab more EPCM or EPC jobs for now

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8EIL goes for a new model instead of a BOO model for three refinery units

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8A new desi biodegradation of crude oil allows for 90-98% of the total hydrocarbon was degraded into non-toxic end products within a period of 21-28 days, and this was confirmed by Gas Chromatography-Mass Spectrometry
8An intrepid entrepreneur can perhaps help market this technology globally

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8A massive spiral in offshore wind energy projects can provide a big boost to Indian companies looking for offshore business in lieu of offshore oil & gas projects

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8India's hydrogen R&D-cum conference circuit has just got kick-started

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Water Soluble Fertilizer Greenfield Project
8Cost - Rs 200 crore
8Project Event: The tender has been closed due to some internal issue of the company, EIL, FACT Engineering, Mecon & M N Dastrua were in the race of consultancy services for the preparation of DFR for setting up a Water Soluble Fertilizer (WSF) manufacturing plant, The tender is likely to be re-released in October 2021.
NPK Fertilizer Greenfield Project
8Cost - Rs 400 crore
8Project Event: The project is on hold due to the impact of Covid, It is likely to be activated in Q3 FY 2021

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IGX has changed some rules related to delivery provisions
8As buyers and sellers are not following through with some of their commitments

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Here is an e-auction done for a private oil field, as it moves from a fixed price contact
8The price elicited was higher and auctions saw bids for twice the quantity offered
8Also, here is a starter's guide on how to build a gas bidding portal, If that is of any interest to anyone

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Sep 13, 2021: LNG Briefs

8LNG ship chartering and purchasing is a complex business. Find out why that is so
8Here is a company that delivered its first ever carbon offset LNG cargo
8'Greener' LNG to capture the minds of the industry stakeholders. Find out in which ways
8This tender had a price slate of 27% to Brent as spot prices move to $20/mmbtu

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For LNG terminals, it is never easy to ensure adequate utilization of their LNG capacity.
8Swan Energy seems to have a 100 percent buyback
8But there is another LNG terminal coming up, which is coming close to that mark

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8If you want to keep a check on how COVID-19 is working its way through the Indian economy, do not need to go further

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Sep 13, 2021: GSFC: Doing good

8The fortunes of Gujarat State Fertilisers & Chemicals are looking up.
8Fertilizer segment drives earnings for GSFC while chemical performance is muted
8Get the latest updates about the company

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8Billionaire Anil Agarwal's Vedanta Ltd is seeking a premium of at least USD 1 over the government-mandated price for the natural gas it plans to produce from its Assam block.

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8OPEC wil likely revise down its 2022 oil demand growth forecast on Monday, two OPEC+ sources said, as the spread of the Delta coronavirus variant puts the speed of a recovery in fuel use in doubt.

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8“The two sides announced the addition of a fifth Pillar on Emerging Fuels, which signals joint resolve to promote clean energy fuels,” a statement said.

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8Nirlep Singh Rai is the new Chairman & Managing Director (CMD) of National Fertilizers Limited (NFL), a Minisratna PSU under the Department of Fertilizers.

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