8BPCL set to commission acrylate unit at Rs 6,000-cr Kochi PDP complex shortly
8It was delayed by a year due to COVID-19

8Why are Butadiene prices at their six month highs?

Get an outlook on the Asian market for:
8Naphtha
8MTBE
8Isomer-MX
8Toluene
8Ethanol

8Indorama is bringing in a cargo of phosphoric acid
8Find out where Indorama is sourcing its phosphoric acid cargo

8HPL's benzene cargo is unloading at Haldia on June 24
8The cargo is coming from Saudi Arabia

8NALCO is importing a big cargo of caustic soda
8Find out the tonnage and the port where it will be delivered

8Pon Piuure is importing several mixed chemical cargoes
8All of them are to land at Ennore

833000 tonnes of CBFS is coming in
8The landing port is Kattupalli

8A huge molasses cargo is up ahead
8Deccan Overseas is importing it

8RIL is using Hazira port to import styrene monomer
8The cargo is arriving on June 26

8A huge cargo of paraxylene is berthing at New Mangalore
840000 tonne is the cargo weight

A brand new LNG terminal with a capacity of 7.2 MMTPA has burst into India.
8And the company seems to have drawn up detailed plans
8They are working on FID, which is expected shorted for this three-phase project
8The gravity-based LNG regasification facility will be installed on the seabed approximately 11km offshore Kakinada
8It will be a leased out facility, with a 25-year lease

A brand new LNG terminal with a capacity of 7.2 MMTPA has burst into India.
8And the company seems to have drawn up detailed plans
8They are working on FID, which is expected shorted for this three-phase project.
8The gravity-based LNG regasification facility will be installed on the seabed approximately 11km offshore Kakinada
8It will be a leased out facility, with a 25-year lease

In quick succession, this new bidder has grabbed as many as four downstream projects of considerable size.
8Yesterday, it was declared L-1 for a PP unit, wherein, it quoted Rs 560 crore less than the L-1 bidder
8This is the fourth downstream project that the company has cornered in the last few months
8The total orders for which it has been adjudged L-1 are worth a staggering Rs 11,272 crore

There was a recent conference that tried to kickstart the long-standing demand for a refinery in the Vidarbha region.
8At the conference, it was said that a 900 km pipeline will need to serve the refinery and the refinery will cost around Rs 10,000 crore
8It has been a long-standing political demand that a public sector refinery be set up, but no one is biting the bullet, as there are already huge coastal refineries in the area, catering to the demand from Vidarbha.
8But there is a lobby group that continues to push for a refinery there

Price changes in the Mumbai polymer market have been reported by our analysts.

LG is likely to take its styrene-acrylonitrile plant off-stream.

Oil India Ltd made a PBT of a mere Rs 700 crore in the previous year.
8It has spent Rs 7000 crore buying up NRL, which an ill-suited investment, particularly as the NRL works on a 50% excise duty subsidy that may get removed once GST is levied on petroleum products.
8Then again, it also ended up buying up the Assam government's share worth Rs 1687 crore
8Then it has a problem investment in Venezuela
8To top it all, its big investment in the LNG project off the coast of Mozambique is in serious trouble as insurgents have stopped work there
8Running short of money, OIL is sending out feelers to other companies to partner in its OALP investments while it is talking to ONGC for join development of some of its Upper Assam assets

LG Chem is likely to shut its ABS unit for a maintenance turnaround.

A Thai producer is heard to have announced its offer for PVC resin suspension grade in India.

Major South Korean producer, LG Chemical, is heard to have announced its offer for PVC in India.

A producer from South Korea is heard to have announced its offer for GPPS in Bangladesh.

On June 22, 2021 caustic soda flakes prices moved higher in the Mumbai chemical market.

On June 22, 2021, Petrochem sources confirmed that VAM prices have increased in the Kolkata market.

On June 22, 2021 the Mumbai polymer market saw a rise in PET (imported)  prices.