News & Bulletin Updates

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

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Get today's cotton prices here
8China Cotton Index : 20-01-2022: 22628 Yuan (Changed: +50)
8Karachi Cotton Association Spot Rate: 20-01-2022: Pak 19480 (37.324Kg) (Changed : +200)
8MCX - Cotton Future : 20-01-2022: Mar : 2022 : Rs. 37010 (Changed: -330)
8NYBOT- Cotton Future: 20-01-2022: Mar: 2022 : $ 122.87 (Changed : -1.08)

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This is a brand new LNG terminal
8And commissioning is on April 1, 2022
Find out more

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8Here is a full synopsis of all the LNG updates you want

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8Here is an big oil and gas consultancy company looking for someone to head it

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India has not escaped piracy in the seas
8But incidents were lower last year than in the previous year

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New rules are getting instituted that may have implications for both user and producers of plastics
8Petrochemical plants should take note

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There is a huge plant expansion coming up
8With requirement for 150 MW of gas based power
8Gas will be required for the manufacturing process as well

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8There is more working coming up in this block

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8ONGC is pursuing this ahead

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8Drilling in 37 locations in 10 PML blocks in Tripura is ahead

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What is the latest on ONGC's tender for 1 MMTPA of LNG?
8The last date for submission of bids have been extended
8But what kind of response is expected?
8Meamwhile, the auction date has been changed for another tranche of gas by the company
Find out more

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8The government has decided to take direct control of this fertilizer company, for now

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There is a startling new research finding that says green hydrogen will be able to compete with fossil fuel based hydrogen within two years.
8In India, prices are still multiple times conventional hydrogen, and if this finding is indeed true, it will revolutionize the industry and have all kinds of serious repercussions

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Gas is an undependable energy source in India because of extremely high volatility.
8And now is the time to move out of gas for end users, this argument claims with some damning data

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8The world has started pushing green hydrogen production now.
8Fertiglobe has signed an agreement to co-develop green hydrogen for ammonia production.
8Find out more

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Jan 21, 2022: Vacancy Update

8The vacancy for the post of Director General in FAI is out
8Applications should be submitted before 30th of January 2022

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Ammonia-Urea Brownfield Project 
8Cost
: 6000 Cr.
8Project Event
The production of the complex is likely to be started at the end of February 2022 with 60 % of the production capacity, The construction of the railway line is not completed yet. Transport of the urea will be through the truck.
Single Super Phosphate Greenfield Project
8Cost
: 10 Cr.
8Project Event: 
Still, evaluation is ongoing for environmental clearance it is likely to be granted in February 2022. A new committee has been formed for the project, the tender for a contractor is likely to be released in Q1 FY 2022-2023

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Jan 21, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8LPG
8Ammonia
8Monthly update on ports
8Monthly update on project cargo imports
8Monthly update on coal imports
8All tankers
8Bulk and dry cargoes
8Port updates

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8Union Minister of State in the Ministry of Petroleum & Natural Gas Rameswar Teli said that years of research has gone into the technology of blending of ethanol with Petrol and it is a proven technology.

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8Indian ethanol producer Swaraj Green Power and Fuel has begun construction of a sugar- and grain-based fuel ethanol plant at Phaltan in west India's Maharashtra state, which will reach 1.1mn litres/d on completion.

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On January 21, 2022, styrene monomer prices were quoted higher in the Chennai market.

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Phthalic anhydride prices have significantly moved higher today in Kolkata.

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8Mining firm Vedanta Resources Ltd plans to create a $10 billion fund to bid for assets including the Indian government's stake in Bharat Petroleum Corp Ltd (BPCL), its chairman told Reuters on Thursday.

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8OPEC's share of Indian oil imports fell in 2021 to the lowest in more than a decade despite a 4% rebound in annual crude purchases by the world's third biggest oil importer, data obtained from industry sources showed.

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