On June 26, 2021, BGE prices fell sharply in the imported market of Kandla.
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Chloroform prices have been revised by Dahej.
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On June 26, 2021, the Kandla market witnessed a rise in MEK prices.
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A revision for IPA prices has been announced at Hazira.
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MEG (imported tanker load) prices have drifted down in the Mumbai market.
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An increase in toluene prices is noted in Hazira today.
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A raise in DEG prices has been announced at Hazira.
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Fresh benzene prices have been announced at Vizag.
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New ethyl acetate prices have been announced at Ex-Satyam.
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Demand for PVC is gradually falling in the domestic market.
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A producer from UAE is heard to have announced its offer for PP in Bangladesh.
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On June 26, 2021, the purchase trend for EVA decreased in major domestic polymer hubs.
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Price changes in the Mumbai polymer market have been reported by our analysts.
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PBT (imported PBT moulding) prices have drifted down in the markets of Mumbai and Ahmedabad.
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8Honeywell Automation India brings global expertise to the factory automation business
8The company says after the initial investment, the payback is almost immediate
Find out how this large Indian chemical company is taking advantage of Honeywell's technology
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8The Indian PVC pipes industry annual growth at 10.2% during 2016-23 not least due to upsurge in demand for pipes in the irrigation and housing & construction industry.
8Growth would get a leg up from increased focus of GOI on developing rural water management
8And here is one company which seems to want to take advantage of it
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8Japan is targeting to bring forward a plan to develop technology that can increase the use of ammonia in power generation
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Of the country's six LNG terminals, our data shows that only three are currently receiving cargoes.
8Of this one has only one cargo coming up
8Essentially, there are only two terminals working, of which one is at half speed
8So, and there are quite a few terminals that are going to be coming on stream
8In this context, the rush to set up new terminals has to be kept in perspective
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Paradip refinery has a long history of vessels waiting at berth
8Currently there are three vessels on wait
8Vessel wilting is more of a norm than an exception, despite excellent SPM based evacuation facilities off Paradip
8Is there an offtake problem at the SPM prompted by bad weather or is there a frequent refinery offtake issue?
8Or is the vessel movement department in IOC getting the schedules all wrong?
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From the recent spate of petrochemical awards, LOIs are now being handed out.
8Two LOIs have been handed out to a new kid on the block
And for them, mobilization time has arrived
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LNG prices have begun going up for India
8And it is a price sensitive market, so the impact will be felt down the line
8And our projections show that prices are not falling anytime soon
8Long term Brent-attached gas prices are slightly lower but by the time they land at factory gates, with tax and transportation charges included, it is a high $14/mmbtu or so
8For spot cargoes, it is worse still
8At these kind of prices, alternative feedstock prices, such as LPG, may be more lucrative unless those prices rise too in tandem with higher crude prices
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China-backed port in Sri Lanka now competes for bunker fuel with India
8Its strategic location a few miles off the main shipping lines of Asia is a big help
8Sri Lanka is building more connections to the port
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8The capex of NRL has now been pushed up
8The earlier estimate was Rs 22,000 crore
Not it has moved up to Rs 28,000 crore because of extra additions
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The following are some of the highlights of OIL's performance in 2020-21
8The company brass claims that it will take no impairment on Mozambique even through force majeure conditions are in place because insurgents are very near its operating area in the LNG project where it has a big stake. The management claims impairment will not be needed even if the force majeure continues for two years
8The company took an Rs 850 crore hit in dry wells in its KG Basin exploration as well as Mizoram, both of these missions have not been abandoned
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8Gas compression facilities are required on rent
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