8A combination of circumstances has got this ship management services out of Mumbai into trouble
8Will there be a turnaround later?

OMIFCO, promoted by Iffco and Kribhco, was under long term arrangement to supply urea to India
8But that changed
8Find out what is the current status

Isobutylene prices were significantly lower in the Mumbai market today.

8Get the latest requirement, availability and sales data of fertilizers
8What is the latest fund release data for urea?
8Is the government considering a proposal that will lead to decontrol of urea?
8Steps taken by the government for adequate supply of fertilizers
8Gas based urea plants: What does the DOF think about them

8In an alarming prediction, there is this large trading arm is claiming that gas price may stay high for as long as five years
8There is reportedly a structural change

Prabha Energy aims to produce 1 mmscmd of gas within "2-3" years from its CBM field
8That is a lot of production by any yardstick
849 wells have been drilled, and 33 have been put on de-watering
8The advantage of the block is it is just 60 km from the Urja Ganga pipeline

Ammonia Greenfield Project
8Cost: 2773 Cr.
8Project Event: Environmental clearance submission in January 2022. The RFQ for the contractor is likely to be released in March 2022.
Nano Fertilizer Greenfield Project
8Cost: 119 Cr.
8Project Event: The company has hired EQMS India Pvt. Ltd for environmental clearance, the proposal for the term of reference has been granted in Feb 2021. The final preparation of the EIA report is still ongoing, a proposal for the environmental clearance is likely to be submitted at the end of February 2022. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021

8One Phosphoric Acid Shipment is coming up on 20th December 2021
8One Rock Phosphate Shipment is reaching on 20th December 2021
8One Ammonia Shipment will reach on 20th December 2021

8State-run Mangalore Refinery and Petrochemicals Ltd aims to continue operating its southern India refinery at full capacity on improved cracks and as it commissions a desalination plant to improve water supply, its managing director said.

8Complying with the Commission for Air Quality Management's (CAQM) direction, all 1,636 industrial units that were re-inspected twice in the month of October and November were found to have converted to clean fuels.

8The Saudi Film Commission has announced an initiative to help local and international production companies to make movies in the Kingdom.

8The Govt should remove control on urea and stop giving subsidy through manufacturers; instead, the Government can give it directly to farmers.

On December 14, 2021, Petrochem sources confirmed that acetic acid prices had increased in the Mumbai market.

NBA prices witnessed a fall in the Hazira market today.

Dibutyl phthalate prices have moved lower in the Mumbai market.

IPA prices are cut at Hazira.

On December 14, 2021, the Chennai market witnessed a rise in C9 solvent prices.

Aniline prices witnessed a huge fall in the Kolkata market.

Prices for butyl acetate have been reduced at Hazira.

Petrochem sources have reported a huge fall in dibutyl phthalate prices in the Chennai market.

High acetic acid prices were recorded in Mumbai today.

8The year 2022 is the deadline set by the government to phase out single-use plastic
8Not much has been said on how this will be achieved, though in August the government notified the Plastic Waste Management Amendment Rules, 2021

8The prospect of this 500 TPD methanol plant has gone all awry
8There has been a delay in commissioning  as well as debt funding tie-up for the cost over-run
8Even so, the future looks better than the past

8This chemical company has 10,000 people working only in its R&D division
8That is very large by any standard

8There is a big shortfall in rubber production in comparison with consumption