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GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost: 48 Cr.
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. The proposal for environmental clearance is likely to be submitted at the end of December 2021. RFQ for the EPC contractor is likely to be released in February 2022
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: 200 Cr.
8Project Event: The final EIA report preparation is still ongoing, and the proposal for environmental clearance is likely to be submitted at the end of January 2022. RFQ for the local contractor is likely to be released in March 2022.

8There is a Rock Phosphate tender currently ongoing
8The last date for submission of bids is 15th of December 2021

8There is a tender out for the supply of Potassium Sulphate

8Terming as "very unfortunate," the Supreme Court on Wednesday came down heavily on PSU Oil and Natural Gas Commission (ONGC) for "insulting" the arbitrators, appointed by it to decide a commercial dispute, by not paying the fees fixed by them and sought the help of Attorney General to resolve it.

8Crude oil futures recovered some of the previous day's losses during London trading Dec. 1 as the Brent contract rolled over to February. However, heightened volatility remained the key theme amid omicron-related developments and before the OPEC+ meeting Dec. 2.

8Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $127 billion capital spending plan for 2022-2026, as it reported an increase in the United Arab Emirates' (UAE) oil and natural gas reserves.

8Record international prices of fertilisers, it seems, has forced Indian farmers to go in for more diversified and balanced plant nutrient application.

On December 2, 2021, acrylic acid prices increased in the Mumbai imported market.

New prices for toluene diisocyanate have been announced in the Delhi chemical market.

Isophthalic acid prices witnessed a significant fall in the Mumbai market.

A hike in VAM prices was noticed today at Hazira. 

A producer from Saudi Arabia is heard to have offered its LDPE in India.

Market sources reported that butyl acetate prices were reduced at Hazira today.

Cyclohexanone prices are slowly increasing in Hazira.

BAM prices in the Kandla port have fallen sharply.

Market sources reported that liquid chlorine prices were reduced at Mumbai today.

On Dec 2, 2021, trading sources reported a fall in dichloromethane prices in the Mumbai chemical market.

On December 2, 2021, the Ahmedabad market witnessed a rise in triethanolamine prices.

Petrochem sources have reported a huge fall in DOA prices in the Ahmedabad market.

On December 2, 2021, paraformaldehyde prices increased in the Ahmedabad market.

On December 2, 2021, trading sources reported a fall in Benzyl Alcohol prices in the Ahmedabad chemical market.

Acetone prices have escalated in the Ahmedabad market, today.

On December 2, 2021, Petrochem sources confirmed that DOP prices had slipped in the Ahmedabad market.

Prices for the NBA have been raised at Hazira.