News & Bulletin Updates

A revision in caustic soda lye prices has been announced at Dahej.

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Price changes in the Mumbai polymer market have been reported by our analysts.

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As of  July 7, 2021 trading sources reported that PS (GPPS) prices in the domestic market are gradually gaining momentum.

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A revision in styrene monomer prices has been announced at JNPT.

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On July 7, 2021, Petrochem sources confirmed that Benzene prices had slipped in the Mumbai market.

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JNPT records new mix-xylene prices.

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Toluene prices have been revised at Hazira.

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Acetone (imported repack) prices have drifted down in the Mumbai market.

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Domestic market sources reported a fall in Mumbai’s acetic acid prices today.

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New benzene prices have been announced at Vizag.

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DEG prices have been revised at Hazira.

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PVC demand in the domestic market is gradually gaining momentum.

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On July 6, 2021, acetone prices moved down in the imported market of Delhi.

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8Soda ash maker Tata Chemicals claims it is a science-led chemistry solutions company
8The company says that all its three verticals of Performance Materials, Nutrition Sciences and Agri Sciences are well positioned to deliver robust performance
8Find out more about the company

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IPMA 2022 is a comprehensive tradeshow showcasing latest technologies and innovations from every industrial sector in India. This B2B trade show will bridge the gap between industrial suppliers and buyers seeking new business opportunities through multiple sources.
8The show is in 2022 but preparations are on from now
8Know more

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CBIC has decided to launch a new version (V 2.0) for on-boarding of AEO T2 and AEO T3 applicants by way of online filing, real-time monitoring, and digital certification.
8This updated version of the existing web application www.aeoindia.gov.in» will be made accessible for both applicants and the customs officials from 07.07.2021
8Know more about it

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8BASF Catalysts India Pvt Ltd plans to expand its capacity
8The expansion will be done by the end of 2022

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Jul 06, 2021: Market outlook

Here is the market outlook for
8Toluene
8IsomerMX
8Styrene Monomer
8MEG
8Ethylene
8Methanol
8PTA
8Propylene
8Recycled PET

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Get the outlook for
8Naptha
8MTBE
8Ethanol

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8This big petrochemical plant wants to improve its product portfolio
8And is looking for a consultant

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Megha Engineering and Infrastructures Ltd (MEIL) has bagged yet another project yesterday, coming L-1 at Rs 1009 crpre
8This is the 7th win for MEIL in a matter of a few months, establishing the company as the one with the most amount of business, after L&T, in the downstream industry.
8This is indeed a remarkable achievement (get full details of all the seven projects, including competitor bid prices, here)
8But the proof of the pudding is in its eating.
8Everyone will now wait to see how Megha will implement these projects on the ground

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After quoting around Rs 900 crore less than the L-1 bidder in one downstream project, Megha seems to have mastered the art of quoting right, and quoting competitively.
8The current quotes by Megha are competitive and lower than the competitors only by a yard or so
8Clearly, there is nothing like learning by doing

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There are three ways of doing pricing right in the downstream EPC projects
8The Megha way
8The Tata Projects way
8And, the L&T, Technip, Toyo way

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Megha is a newcomer to the downstream industry
8It is a close-knit, closely held company. The owners are furiously publicity shy
8While Megha is new to some, it has been around in the hydrocarbon industry for sometime, according to the company.
8Will it be hiring more people?
Find out more

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Technimont wins a project
8It is it's sixth project, says company

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