8This company wants to raise it’s capacity to produce synthetic organic chemicals (reactive and food dyes) by 150.0 MT/Month

8Specialised MECS sulphuric acid technology and equipment will be supplied to ensure low emissions at Rhyolite Ridge
8The plant will produce sulphuric acid for the leach process together with zero-carbon steam and electricity that will drive the entire operation

8Chemspec Chemicals obtains go-ahead from the Securities and Exchange Board of India for the initial public offering
8The Rs 700-crore IPO of Chemspec Chemicals is entirely an offer for sale by promoters, according to the draft red herring prospectus

8Johnson Matthey to develop is pushing waste-to-methanol technology in a JV

8A report shows that India is expected to see a total hydrocracking unit capacity addition of 465 thousand barrels per day (mbd) by 2025
8India is foreseen to provide approximately 30% of the total refinery hydrotreater capacity additions in Asia between 2021 to 2025, the second-highest in the region after China

8Weekly chemical prices are given here
8The data comes with comparative charts

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

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

The Morbi industrial cluster has become a subject of study for this website not because it is the largest consumer of gas for an industrial area, but for other reasons as well, including the fact this community encompasses the very spirit of Indian entrepreneurship.
8There is a hint of another gas price increase now after the last one raised the price from Rs 37/SCM to Rs 41.60/SCM. Can LPG be an alternative in a situation where gas prices are high?
8And it is not price rise alone that worries Morbi, there are other imperatives at play

8Cairn India seems to have hit success in one of its Assam OALP fields
Find out more

Confidence Petroleum, which operates in the crowded packed LPG cylinder market, was not treated well by COVID-19.
8The top line fell precipitously and the company escaped red ink on its balance sheet by a hair's breadth
8But the company chairman says, “When going gets tough, the tough gets going”
8Is this sheer bravado, or there is mettle behind these words?

Climate change is upon us and the traditional oil & gas company will have to undergo a transition.
8The policymaker within the company faces a multi-layered challenge to determine the risks to their current business, to formulate a strategy to thrive in a re-shaped energy sector and to assess the optimal speed at which to implement their plans for change
8Here is a very important update on how to start that adaptation

Let us not beat around the bush and say that the Federation of Indian Petroleum Industry is more than just an industry lobby group.
8If it tries to be something else, it is not.
8But it does try to give the impression of being more than just a lobbying group. One way of doing so is by bringing out oil & gas reports but the effort lacks depth and data.
8The reason for that is because it just reorders publicly available data into PDF files and titles them bombastically, such as its "Policy and Economic Report for the Oil & Gas Industry" series, for example. FIPI cannot be blamed for what is trying to do
8The organization's storied members should help out, by making available some of their own data to the industry body so that it can come up with some truly incisive data analysis.
8Or otherwise, its attempts to become the equivalent of the American Petroleum Institute will fail.
8But the problem in today's India is that no one wants to part with any information whatsoever, and who knows that better than we do

Urea Revamp Project
8Cost - Rs 220 crore
8Project Event: The Company has invited offers from renowned EPC Contractors for further execution of the Project on an EPC basis. The bidding process is still ongoing.
Sulphuric acid Plant Greenfield Project
8Cost - Rs 100 crore
8Project Event: The company has invited Expression of Interest from LSTK contractors & based on their response, techno-commercial offers will be invited. Tendering process is still ongoing

When you have a suspicion of over-invoicing in cost-plus scenario, everyone turns their attention to the FICC.
8And this time around it is no exception

8The world has started pushing green hydrogen production now
8And major companies are now looking at it with great amount of seriousness
8Find out more on what is actually getting done here

8Technology helps in finding new sources of fertilizers
8Find out more on what scientists are up to

8State-run oil and gas explorers ONGC's plan to complete merger of its refining subsidiary MRPL with recently acquired HPCL to align its upstream and downstream operations into two verticals has got delayed.

8Hurricane Ida's damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records.

8UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.

8Industry coalition SEA-LNG recognises significant growth in LNG-fuelled vessel orders in 2021.

8In his Independence Day speech, the Prime Minister announced five key initiatives, the first being Mission Hydrogen. He outlined a vision of becoming a global leader and enabling a substantial domestic hydrogen economy.

Market sources reported an increase in DEG prices in Hazira today.

Market sources reported that benzene prices were cut at Vizag today.

A rise in IPA prices was recorded today at Hazira.