News & Bulletin Updates

8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8We have introduced regular daily prices for over 200 chemicals
8No one in India covers as many chemicals as we do now on a daily basis

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8Our coverage extends to recycled plastics
8The website is providing data on recycled PP, HDPE, LDPE, LLDPE, ABS and PVC prices

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8We provide India's most extensive rubber product prices
8We cover all major trading centres, and prices are given for multiple grades

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8A team of scouts, journalists take out daily fiber prices across different markets in India
8Get a complete roundup of fibre price movement for the day here

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8We are providing around 30 different grades of plastic films, segregated into BOPET, BOPA, CPP, BOPP and PE
8Know where the prices have changed

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Nov 25, 2021: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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There is some confusion over the polypropylene bidders list for the Cuddalore plant of Haldia Petrochemicals
8One short listed bidder has reportedly backed out

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8It looks like NRL's bio-refinery, using bamboo as feedstock, has reached production stage

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The green bug seems to have hit the refinery sector
8Some of them are now looking for 24-hour green electricity supply
8Some companies like Greenko have accumulated considerable 24-hour green energy supply, this company claims up to 10 GW hour of supply, consisting of hydel power, wind, pumped storage and solar
8Looks like the future is already here, but will there be a premium on green power supply?

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The margins are extremely low in the EPC business for EIL
8Consultancies are far more lucrative
8So, clearly, when going the EPC route, by bidding for the Koyali SRU project, EIL is taking a big risk

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ONGC has run head long into very serious trouble with one of its contractors in the KG-DWN-98/2 block.
8The fight has moved to arbitration now
8And this will delay the $5 billion project

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Nov 25, 2021: Updates

Here are the latest updates from our team of editors:
8Global prices rise again
8Europe will see more tightness in gas supply this winter
8Changing gas fortunes have prompted Abu Dhabi National Oil Co. (Adnoc) to consider building an LNG export plant in Fujairah
8New gas player emerges in Kazakhstan
8As the LNG industry jostles for a place at the transition table, Singapore LNG importer Pavilion Energy is spearheading efforts on carbon neutrality
8RIL's regasification press note
8Linde showcases cutting edge hydrogen technology
8Kamdar group (KAG) is one of the oldest groups in the ship-breaking industry at Alang and has been successfully able to operate its business through various industry cycles
8There there is Panchvati Ship Breakers
8Eneroil Offshore Drilling is into manufacturing and export of oil well drilling equipment’s such as centralizers, stop collars, cement basket, cementing plugs and float equipment, etc. Know more about how it is doing
8LPG terminals face a massive backlog as demand spurts

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8Two sets of gas sale tenders are out

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There have been some clarification on the policy of buying equipment from the Chinese (only for public sector companies)
8A careful reading shows you can hire but can you buy?

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Customize Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project 
8Cost:90 Cr.
8Project Event: The project is on hold due to the financial loss during Covid, the project is likely to be activated in February 2020. RFQ for the Contractor is likely to be released in February 2022.
Urea Expansion Project
8Cost: 52 Cr.
8Project Event: The proposal for the term of reference has been granted and a proposal for the environmental clearance has been submitted. RFQ for the LSTK contractor is likely to be released in January 2022

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8The prospect for nanotechnology in the agricultural sector is bright
8Find to know more about the latest developments

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8A tender inviting prequalification of vendors for the supply of various types of fertilizers has come up
8The due date is 10th December 2021

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8Experienced professionals are required in the Production ,Electrical & Instrumentation department of NFL
8The last date for applying is 15th December 2021

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Nov 25, 2021: Daily import prices

8One Ammonia Shipment is reaching on 29th November 2021
8One Phosphoric Acid Shipment is coming up on 29th November 2021

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8Chinese companies are supplying more than 15,000 tons of fertilizer to Nepal and Chinese diplomats helped getting the desperately-needed material through border checks to help Nepali farmers, Chinese and Nepali officials told the Global Times on Tuesday.

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8Democrats and climate activists generally supported President Joe Biden's decision to release a record 50 million barrels of oil from America's strategic reserve, even as the move appeared to contradict his long-term vision of combating climate change.

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8Offshore drilling contractor Shelf Drilling has received an award for a three-year contract with Oil and Natural Gas Corporation (ONGC) for offshore operations in Indian waters.

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8India's large imports of LPG to meet festive-season demand in November have sparked heavy congestion at its ports, forcing some vessels to wait more than two weeks to discharge cargoes, VLGC fixtures from ship brokers showed, pushing freight to the highest in 10 months Nov. 23.

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8Reliance Industries Ltd's Board on Wednesday decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary.

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