8Demand seems to have stalled for isomer/MX for the time being
8So much so that the price spread of the product with naphtha is at a historic low

8Circulus has signed a long-term agreement to supply Nova Chemicals with recycled polyethylene

Get the expansions here of the following companies
8Jagruti Sugar & Allied Industries
8Shri Bajrang Chemical Distillery LLP
8ETH Biofuels
8Nandi Sahakari Sakkare Karkhane Niyamit
8IOC's propylene expansion plan
8Dr Vithalrao Vikhe Patil Sahakari Sakhar Karkhana
8Premier Alcobev
8GM Sugars & Energy

8Sinopec is a Chinese super giant, the world's largest oil company
8It has recently perfected an oil-to-chemical technology

8German chlor-alkali and vinyls producer Vinnolit announced the launch of GreenVinTM polyvinyl chloride (PVC) today in a move to reduce the carbon footprint of its product portfolio

8Goldstar Polymers is plastic drum manufacturer
8The scale operation is small
8Know more about the company

8The green production bug has bit Manali Petrochemicals as well

8Get a detailed analysis of fertilizer import traffic in Indian ports

8US-based Pacur LLC, a supplier of specialty plastic packaging materials for the medical device industry, is expanding its presence into Europe with the acquisition of France-based Carolex SAS for an undisclosed sum

8Get daily rubber prices in Singapore here

Get the latest outlook on the following companies
8SRF Ltd
8Navin Fluorine
8Chemplast Sanmar
8Sudarshan Chemical
8Rossari Biotech
8Vinati Organics
8Atul Ltd
8Gujarat Fluorochemicals
8Galaxy Surfactants
8EPL Ltd
Know about the industries they are in, and the outlook ahead

8A new breed of deep-pocketed energy players capable of operating at very thin margins, with heavy-duty backers, and with ultra long term goals, are planning to step into the production of petrochemicals, chemcials and fine chemicals for the first time

China is by far the largest exporter of project related cargoes to India. In turn, India exports next to nothing to China
8And for India, ironically, Bangladesh is the biggest destination by far for project exports out of here
8Even as we build a formidable project related infrastructure in India, we do not seem to be making a dent in exports to countries we import from

In 2020, BP claims it has paid taxes worth Rs 900 crore in India
8That is a big figure indeed
Read to find out how that is, given that the multinational's footprint wasn't all that big last year

There are more twists and turns to the appointment of the new PNGRB chairman
8It has now become difficult to separate truth from reality

8Coromandel International Limited has announced the project initiation for setting up of a new sulphuric acid plant
8The plant is being built on par with the best technology standards to control emissions
Know more

8A tongue lashing and an investigation by the petroleum ministry has pushed an errant bunch of gas suppliers off the gas market for now
Find out more

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

NPK Fertilizer Expansion Project
8Cost:190 Cr.
8Project Event: The project has elicited environmental clearance in September 2019, The project activities are still on hold due to lack of funds, the project is likely to be activated in January 2022. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021
DAP Expansion Project
8Cost: 20 Cr.
8Project Event: The final EIA report has been made, and a proposal for the environmental clearance has been submitted, all the project activities are likely to be started after the clearance, environmental clearance is likely to be elicited in December 2021. RFQ for the local contractor is likely to be released in February 2022.

8One Sulphuric Acid Shipment is reaching on 18th November 2021
8One Urea Shipment is coming up on 18th November 2021
8One Phosphoric Acid Shipment is coming up on 20th November 2021

8India’s pledge at COP26 to make the country net zero by 2070 could enhance natural gas role as a transition fuel
8India would boost renewable capacity to 500 GW by 2030 from about 150 GW today, or half the power mix
8But as renewable capacity utilization is around 18%-20% and it is not available around the clock
8Gas could become the fuel of choice for base load generation and to stabilize the grid until enough storage is in place

8A state power generator said that they are not linking payment issues with coal request issues
8On daily basis against a request to supply 13-14 rakes, state power stations are receiving 9-10 rakes
8Only 1-2 day coal stock is available and day to day requirement is being met

8The power market structure needs to ensure that renewables become cheaper than coal, also in the long term
8PPA need to be redesigned, such that renewable investments become safer and more profitable while removing long term PPAs with a guaranteed payment of fixed costs for coal-fired power plants
8Know more policy mechanisms

8India's government is aiming to complete the privatisation of five to six state-owned companies, including Bharat Petroleum Corp Ltd, in the current fiscal year, the secretary of the Department of Investment and Public Asset Management said.

8Strong demand and the high cost of raw materials have dramatically increased the price of fertilizer in 2021.