News & Bulletin Updates

Petrochem sources have reported a significant fall in PVA 088-20 prices in the Delhi market.

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Prices of rPP injection molding (polythene scrap) have come down in Mumbai. 

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Carbon black in all grades have registered a rise in Delhi today.

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According to indianpetrochem sources , it has told that on  29,2022 january , 

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According to sources in indianpetrochem it has been told that on january 29,2022,

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On January 29,2022  an increase in Carbendazim  50% prices was registered in the Ahmedabad chemical market.

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Indian Petrochem sources, on January 29, 2022 have reported a cut in Mumbai’s Mancozeb 75% prices.

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On January 29, 2022 BIIR grade 2222 prices were assessed lower in the Delhi market. 

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Prices for NBR grade 6240 have fallen in Mumbai.

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Ahmedabad Petrochem sources have reported a significant rise in sodium hexametaphosphate prices.

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On January 29, 2022 excessive purchase of calcium phosphate pushed prices higher in the Ahmedabad  market.

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On January 29, 2022, trading sources reported a fall in styrene monomer prices in the Mumbai chemical market.

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On January 29, 2022, the Kandla market witnessed a rise in BAM prices. 

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IOC's hydrogen foray, an EOI was sought
8Who responded?
8And what is the business model that IOC is likely to adopt for this green hydrogen foray
8And what is IOC's game plan ahead with green hydrogen?

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GAIL marketing director E.S. Ranganathan is in jail right now on charges of corruption.
8Another GAIL official seems to be in the eye of a storm

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There are now these all-India tenders that ONGC comes out with that can provide a lot of work to the winning contractor.
8And here is one such all-India O&M tender of interest

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Most EPC players do not look at the private chemical and petrochemical players beyond the big guns in the oil & gas industry
8Here is one company with a good sized capex plan

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This private sector company has three blocks in the North East
8Know more about their plans

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8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore

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8L&T's hydrogen initiatives have their pros and cons
Find out more

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Our job is to provide updates while talking to the management, without any judgement
 Here is a Rs 10,000 crore plus ammonia-urea project, and here is the update:
8Project Event: Still the project is on hold due to the impact of Covid. It is likely to be activated in Q1 FY 2023-24

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Jan 28, 2022: International News

8Clariant will supply its next-generation ammonia synthesis catalyst for an upcoming green ammonia plant
8Know more

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8Crude oil futures fell in mid-morning trade in Asia Jan. 27 on profit-taking, after ICE Brent breached the $90/b mark overnight for the first time since October 2014 amid an ongoing rally in the oil markets.

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8Saudi Aramco Chief Executive Amin Nasser said on Thursday that investment in oil and gas was needed to run alongside new energy investments until the latter can realistically support rising consumption.

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8An increase in oil output by producer nations cashing in on expensive crude has depleted the cushion of spare capacity that protects the market from sudden shocks and raised the risk of price spikes or even fuel shortages.

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