8Engineers India Ltd: Despite COVID-19, the company has been able to hang in to its topline
8Getting Rs 1,455 crores from domestic consultancy business is no mean achievement
8The consultancy business hides the fact that it helped procure business worth Rs 18810 core in goods and services for various projects
8And the company says it is prepared for the changes coming ahead in the business environment

8JFB Industries Ltd is looking at rapid growth in all the business segments it is present

8In India, paying high prices for polypropylene doesn’t appear to be an issue because of a demand recovery now that the latest wave of the pandemic has passed its peak
8Bigger barriers are delivery times from China that have risen from the usual 20-25 days to as much as two months

8In Iran, a petrochemical company chief executive and his deputies were sentenced to 15 years of imprisonment
8Also, 75 lashes
8The crime: Disrupting the petrochemical market in an alleged scam worth a few billion dollars

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

Get the import matrices for
8Chemicals
8LNG
8LPG
8Ammonia
8Fertilizers
8Crude

NPK-TSP-GSSP Greenfield Project
8Cost - Rs 100 crore
8Project Event: The project has been elicited the environmental clearance, RFQ for the LSTK contractor is likely to be released in October 2021
Phosphoric acid Expansion Project
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, a proposal for the environmental clearance is likely to be submitted in October 2021. The company is planning to hire a local contractor. RFQ for a contractor is likely to be released in November 2021.

The new CMD of EIL, Vartika Sukhla, unveiled her vision of EIL today
8She did that in an address to all employees

The LOIs for the Nagapattinam greenfield projects have finally been handed out. It is a greenfield 9 MMTPA refinery.
8There has been a period of negotiations from the time bids were opened till when the LOIs were handed out
8Find out how much CPCL has been able to whittle down the price from the quoted levels

ONGC has promised a series of offshore development tenders in this fiscal year
8Among them, on top of the agenda, is the PRP-7 project
What is the latest status on it?

8This offshore and marine support company claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman
8Find out more claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman

8The hunt is on for the next NRL managing director

Here is a seismic services company doing very well, it claims
8And says the future is bright in what is arguably a very competitive field

Pipeline Infrastructure Pvt Ltd, the owner of the East West Pipeline, has established quite a few new benchmarks that are capable of becoming industry benchmarks
8First is of course the pipeline usage agreement with RIL, which ensures a steady cash flow
8Then again, there is the is an innovative O&M agreement that can be of interest

8CMDs have been appointed for two fertilizer companies

8A DOF man has been pulled out and brought into the Ministry of Cooperation

Traffic has been low in this LNG terminal
8And it will take a long time before traffic goes up
8But the company is bullish enough to start working on doubling its capacity

IGX claims it provided a $4/mmbtu price advantage over spot prices
8And it traded higher volumes

8Get the latest update on what the FAI is up to

8Yara has acquired Finnish Ecolan to expand its organic fertilizer business
8Find out more

8Petronet LNG Ltd, India's largest gas importer, plans to set up a petrochemical complex at Dahej in Gujarat as it looks to make a foray into high margin business to hedge gas trading risks, Oil Secretary Tarun Kapoor said.

8ONGC Videsh Ltd, India's flagship overseas oil and gas firm, and the nation's largest refiner Indian Oil Corporation (IOC) on Friday signed agreements with Russia's Gazprom for cooperation in the hydrocarbon sector. Indian oil and gas companies are looking to acquire stakes in prolific oil and gas areas in Russia as part of a larger strategy to acquire equity oil and gas overseas that could offset the country's huge 85 per cent dependence on imports for meeting energy needs.

8Saudi Arabia lowered its light crude oil prices to Asian customers in October versus September, though left prices to northwestern Europe and the United States steady.

A fall in cyclohexane prices in the imported market of Chennai was noted on September 6, 2021. 

VAM prices moved higher today in the Chennai chemical market.