Polyamide 6 (M28RC) prices have drifted down in the Kolkata market

A fall in ortho-xylene prices in the imported market of Mumbai was noticed on June 24, 2021.

On June 24, 2021 PAN prices moved higher in the Mumbai chemical market.

On June 24, 2021, Petrochem sources confirmed that MIBK prices had slipped in the Mumbai market.

Dibutyl Phthalate prices are slowly increasing in Mumbai.

Aniline prices have increased in Mumbai.

Acetone (domestic intact) prices have drifted down in the Mumbai market. 

Domestic market sources reported a fall in Mumbai’s acetic acid prices today.

A producer from Iran is heard to have offered its polystyrene in India.

Global petrochemical firm INEOS' Polystyrene (PS) subsidiary, INEOS Styrolution, has announced plans to begin commercialising mechanically recycled PS
8The product uses infrared sorting and is reported be as much as 99.9 pc purity
Find out more about it

8China has shown major drops in imports of polyethylene, LDPE and HDPE.
8Find out why that is so?
8And will the excess supply bring down prices elsewhere?
Find out more

8Five African countries (South Africa, Namibia, Botswana, Lesotho and Eswatini) have agreed to revive the negotiations for concluding a Preferential Trade Agreement (PTA)
8If you are doing business with them and if you have any inputs to give, check here

8Someone is looking for an EOI to prepare a DPR for setting up an integrated polyacronitrile (PAN) based carbon fibre plant
8The capacity is going to be 60 TPA

8The deal for the world's first 1 MMTPA blue ammonia deal has been finalized
8Two large companies have joined hands

8All over Europe, refineries and petrochemical plants are trying to cut down CO2 emissions
8Nowhere is climate change a bigger issue than in Europe
8Find out what different companies are doing on this front

COVID has complicated the calculations about when peak oil is likely
8And there are some scenarios where oil demand could go up instead of coming down
8is an excellent and very comprehensive reading on the subject

8With fuel prices sky high, find out more how the politics of fuel pricing may impact the privatization of BPCL

The fortunes of Invenire Petrodyne Ltd (erstwhile Tata Petrodyne) seems to be looking up, driven by higher oil prices
8As also the news that the PY-3 field may start working again, as a solution is likely in the next couple of weeks
8Unsecured loans infused by the parent company seems to be a big support as of now

8An E&P operator is looking for an EPC contractor to replace and add infield pipelines among its wells

May oil and gas production data is out.
8And all of its is below target
8In fact, for oil, production is as much as 10% lower than for the same month in 2020

There was an IOCL retender for the installation of a 43-inch pipeline along with two SPMs off the coast of Vadinar.
8The tender has been opened, and four companies were in the race
8Here again, the difference between the L-1 contractor and the L-4, which was Sapura, was as much as double the L-1 amount
8Sub contracts are going to be out once the LOI is handed over

8FACT posts its best performance ever

The 5 MMTPA Chhara LNG terminal is 60% complete as of May, 2021
8The terminal will be completed next year, though pinning an exact date due to COVID related issues is problematic
8But activation of the terminal may face a different kind of problem

Even as the completion date nears, the two ammonia urea plants, each worth Rs 6500 crore, are still in a very active contracting mode
8Find out what kind of contracting is currently going on

A producer from Iran offers acrylonitrile butadiene styrene in India.