News & Bulletin Updates

Dioctyl adipate prices were assessed higher in the chemical market of Ahmedabad.

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Jun 20, 2022: Fall in DIBP prices

Diisobutyl phthalate prices were assessed lower in the domestic market of Mumbai.

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A significant fall in lead oxide 99% prices was recorded in Delhi today.

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A significant hike in polystyrene sheet  prices in the Mumbai market was recorded today.

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22% nickel sulfate prices were assessed lower in the metal market of Mumbai.

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Phosphoric acid prices in the Delhi market have fallen sharply.

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Ortho-xylene prices were pushed higher in the Ahmedabad market today.

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MEG prices in the Mumbai market registered a sharp fall today.

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On June 20, 2022, Petrochem sources confirmed that phthalic anhydride prices have sharply fallen in Kolkata.

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Petrochem sources have confirmed a fall in acetic acid prices in the Mumbai market.

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8Why is this US E&P tool manufacturer blacklisted and related outfits exempted?

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India will need much less urea when these two units go into production, and two additional cargoes of LNG will be needed every month to handle the demand from these units
Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Project EventThe bid due date for the Cooling Tower as well as Cooling Water Treatment Package has been extended from 6 June to 7 July 2022. The bid due date has been extended from 17 May to 30 May 2022 for the Supply, Installation & Testing of the Flare System. The Tender for Instrument Air & Plant Air System has been canceled due to higher price quoted by the L1 bidder than the estimated cost, The L1 bidder was Linde. BTL EPC, Macawber Beekay & Tata Project are in the race for the supply of Urea handling & baggage packages on an LSTK basis, The technical bid opening is in progress.
Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Project Event: Comt Construction Private Limited is the L1 bidder for the Sheeting Cladding in Wagon Loading Platform with price bid INR 2,99,62, 250. RFQ for the additional Dryer has been out and bid due date is 29 June 2022. 96 % of construction work has been completed, and the equipment installation is ongoing, Machinery orders are already completed, procurement of other services is ongoing, also pre-commissioning is ongoing, Commercial production is likely to be started from September in place of June 2022, due to delay in the construction.

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On June 20, 2022, Petrochem sources reported a fall in tetrachloroethylene prices in the Ahmedabad market.

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Butyl acrylate prices gained Kandla in anticipation of tight supply crunch and improved buying sentiments

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A significant hike inadipic acid prices in the Mumbai market was recorded today.

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Rs 120 crore construction of 220 KV DC T/L line: EPC package ahead
8
Detailed survey and investigations are in progress and soil investigations were completed at the site.
8Private land acquisitions are in progress for the transmission line.
8RFQ for the EPC package for T/L works is likely to be floated in July 2022.
Rs 3000 crore extension greenfield pump storage project: RFQ Ahead
8TOR was approved by MoEF&CC
8EIA consultant selected. (Click on Details for more on the consultant)
8Survey activities for hydrological, geological, and aquatic life are in progress.
8RFQ for the drilling and drifting works is likely to be floated in August 2022.
Rs 4766 crore greenfield pumped storage project: RFQ ahead
8Forest clearance stage-1 is pending at the regional office.
8EIA consultant selected (Get who were L-1, L-2 and L-3).
8Geotechnical investigation and topographical survey have been completed.
8The public hearing is likely to be held in July 2022.
Rs 12000 crore super-critical thermal power expansion project, (Stage-III): BOP sub-contract RFQs ahead
8Civil and structural works are in progress at the BTG site
8Pilling works were completed for the NDCT package and civil works are in the initial phase of construction.
8Find out who are the major contractors involved in the project.
8CW system package is likely to be floated in Q3 2022
Get in touch with us for more on these projects

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Petrochem sources reported a significant fall inlauric acid prices in the Delhi market.

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A cut in C9 petroleum resin (used in traffic paint) was noted in the Ahmedabad market today.

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A significant hike in silver prices in the Ahmedabad market was recorded today.

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Gold prices have gained in the Ahmedabad market. 

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A significant fall in zinc alloy grade zamak3 prices was recorded at Delhi today.

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CIIR grade139 prices have moved significantly higher in Ahmedabad.

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Prices for SEBS grade 503 have fallen in Mumbai.

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8A year after the government headhunter failed to find any suitable candidate for top job at ONGC, the oil ministry has proposed raising of eligibility age as well as a shorter tenure for the new chairman and managing director of India's top oil and gas producer.

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Mumbai recorded a rise in SEBS grade 7551 prices today.

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