News & Bulletin Updates

8One big offshore tender is undergoing final touches and is likely to be floated soon

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IGX trading volumes are way below their buy and sell deals in August
8But the big impetus that the trading portal received was from the government that allowed domestic producers to participate in the portal

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Those who are building midstream or city gas distribution networks will find their next great impetus for growth from hydrogen.
8So the investments are not going to go waste if CNN were to fall out of favor with the transition in the mobility industry
8Please also find model bid submission document for CGD GAs here

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Meet this E&P equipment entrepreneur.
8He packs in 26 years of experience with the likes of  Schlumberger, NOV, GE-Hydril, and Cameron. He did his engineering at the National University of Singapore
8And he has now opened up shop with 13 people, and he will produce control systems for BOP, flanges, spools, and other such E&P-related equipment
Read to know more on this interesting story

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Urea (Granular) and Captive Power Unit Expansion Project 
8Cost - Rs 700 crore
8Project Event: The project is still on hold, It is likely to be activated in Q3 FY 2021, RFQ for the LSTK contractor is likely to be released in Q3 FY 2021.
SSP/GSSP Greenfield Project
8Cost - Rs 15 crore
8Project Event: The proposal for environmental clearance has been submitted, and the terms of reference have been granted. The final environmental approval process is under preparation is ongoing which is likely to be completed in Q3 FY 2021. RFQ for the local contractor is likely to be released in Q3 FY 2021. The company has also applied for a loan, which is likely to be sanctioned in October 2021.

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8The world has started pushing hydrogen production now
8ADNOC and BP have signed an agreement to explore the construction of two hydrogen hubs in their domestic markets
8Find out more

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8Soaring gas prices have forced the closure of two big UK fertiliser plants, sparking supply fears in the industry

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8Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman on Friday.

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8A surge in international oil prices may translate into an increase in the retail selling price of petrol and diesel in India as oil companies face extreme margin squeeze, sources said.

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8China's oil consumption is likely to peak around 2026 at 800 million tonnes, or about 16 million barrels per day, according to a top executive of Sinopec Corp.

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Imported polyurethane prices are slowly increasing in the Mumbai market

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On September 20, 2021 imported polyurethane prices moved higher in the Ahmedabad polymer market

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Reduced prices for imported PET were quoted in the Mumbai polymer market today

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A rise in cyclohexanone prices was recorded today at Hazira

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Petrochem sources in Mumbai have reported a rise in acetic acid prices

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A fall in demand has raised NBA prices at Hazira

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Tight supply coupled with high demand has raised VAM prices in the Mumbai market

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IPA prices were assessed lower in the Kandla market

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Imported POM (F30-03) prices in the Delhi polymer market were quoted higher

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Mumbai polymer market recorded a rise in imported acrylic prices today

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On September 20, 2021 imported POM prices moved higher in the Ahmedabad polymer market

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Robust demand has lifted ABS (MIF45) prices in the Delhi polymer market

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Prices for imported acrylic fell today in the domestic market of Delhi

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Key topics discussed:
8Latest developments for the enhanced performance of plastic gears
8Status and future of standardised plastic gear strength calculation
8High performance plastic gear applications
8Potential of composite gears with fiber reinforcement
8Lubrication and tribology of plastic gears

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8Solvay announced today the installation completion of its new thermoplastic composites (TPC) manufacturing facility

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