News & Bulletin Updates

8A large manufacturer is seeking empanelment of suppliers of PP/HDPE bags

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8The Indian recycler Srichakra Polyplast commissioned a PET bottle-to-bottle and a post-consumer polyolefin recycling line from Starlinger last month
8The company's slogan: "Where plastic waste get a new life".
8Know more about what this is all about

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8Refinery margins have seen significant strength in recent weeks, with support coming from middle distillate cracks. Surging natural gas prices have been supportive for refined products, with substitution likely to lead to stronger demand.
8This is happening at a time when we continue to see a broader recovery in demand following Covid-19

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Oct 11, 2021: Key import data

8Get key monthly import data from April-August on Indian chemical and petrochemical products

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8A giant chemical company is looking for finance professionals

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8A recent spike in energy prices is dividing the fortunes of Korean refiners and petrochemical companies
8The uptick gives refiners improved profit margins, but hurts petrochemical companies with increased costs

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8The Andhra Pradesh government has constituted a new region which is meant to become a petrochemical hub
8The government's target is to attract investments to the tune of Rs 2 lakh crore

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8Akshat Plastics is engaged in the trading of polymers and plastic raw materials like PVC resin; PVC paste resin; plasticizers and other polymers
8The other products traded by the company include in ethylene vinyl acetate (EVA), Low Density Polyethylene (LDPE) and dicumyl peroxide (DCP) and PU (Polyurethane)
8So why is the company in a non-cooperative mode?

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8Why is the company a favourite with stock market punters?
Read to find out more

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8KK Nag Pvt Ltd has several expanded polystyrene (EPS) plants in India
8Find out which companies, some Indian and some foreign, supply raw materials to it

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8The website carries here our weekly outlook for C10 solvent
8Find out how prices are going to behave ahead

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8The website is providing additional daily chemical price coverage for major cities
8The following chemicals are included: Liquid chlorine, Liquid alkali, Heavy soda ash, light soda ash, Diluted nitric acid, Hydrogen peroxide, Acid Ester, different kinds of Chloride, different forms of Polyurethane, low molecular weight polymer, feedstock for coatings as well as ethylene oxide and downstream, as well additional plasticizers, alcohols, methanol and downstream, aromatics, ethylene oxide and downstream

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8Currently we are providing data on recycled LPPE, PP and PVC prices
8Soon we will expand the list to as many as 150 products, covering all important recycled products in India
8Prices are given for Mumbai, Delhi and Ahmedabad

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8We are providing daily prices of fibres of different grades for major cities in India. Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene

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8In rubber we have begun giving prices for NBR, butyl rubber, BIIR, CIIR, EPDM, isoprene rubber, chloroprene rubber, fluorine rubber, SBR, PBR, SBS, SEBS, precipitated silica, silane coupling agent, fumed silica, standard rubber, RSS ribbed smoked sheet rubber, compound rubber, carbon black, rubber accelerator, and antioxidant

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8Daily film price matrix shows a lot of changes in prices
8Know where the prices have changed

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8The website carries a detailed coverage of petrochemical prices
8Get our multi-grade, multi-city price list for petrochemicals

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

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A pre-bid meeting was held for ONGC's first big offshore order post-COVID, the Pipeline Replacement Projec-Phase 7 (PRP-7)
8Find out who attended the meeting
8The project cost can be as much as $375 to $400 million
8If you are a potential vendor, it is about time you get an RFQ from these bidders as they prepare to put in their bids. If not, then you should get in touch with them right away

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Oct 11, 2021: New Seismic RFQ ahead

8A new seismic RFQ is ahead

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42 of the world's largest oil companies will generate a trillion dollars of cash if prices keep tracking above a US$50/bbl
8At 80 dollars the intake will be even more
8Some of it will eventually get into spending in oil & gas
8And this is good news going ahead for vendors in the business

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A PMC tender was out for this shallow water block
8Find out what is the mandate of the PMC
8There was a very good response for the tender
8The point to note is the PMC is essentially man-hour dependent with no attendant risk involved, so ordinarily, there is a big response

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Oct 11, 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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Ammonia Storage Tank Greenfield Project
8Cost - Rs 100 crore
8Project Event: Toyo engineering was the single bidder for the 10000 MT double-wall supply with associated facilities on an LSTK basis. The purchase of equipment and services is still ongoing, construction is likely to be started at the end of October 2021.
Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: The internal discussion is still ongoing, as well as studies on the technical specification, are still ongoing, RFQ for the LSTK contractor is likely to be re-released in November 2021.

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The government has come up with a directive not to increase prices of decontrolled fertilizers
8But behind-the-scene, there is a war going on

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