News & Bulletin Updates

8Get a complete round-up of what the chemical and petrochemical ministry has been up to in September

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8Indian state-owned petrochemical producer Gail plans to build the country's first propane dehydrogenation (PDH) plant
8The PDH unit will have a nameplate capacity of 500,000 t/yr
8And technology partner has already been selected

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8With the recycling of steel and plastic materials seen as a key path toward  decarbonisation and growing legislative efforts globally adding further pressure, demand for sustainable plastic and steel products is currently outpacing supply, creating both considerable opportunities and challenges for producers

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8China has an action plan to cut emissions from chemicals by 2025
8And this may well benefit India, as this will increase costs for Chinese companies and make India more competitive while some industries may want to ship out of China to other countries, including India

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8Do you want to participate in the making of a National Chemical and Petrochemical National Disaster Management Plan
8Here is an opportunity to put forward your views

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8Anjani Polytec Private Limited (APPL) was incorporated in May 2016 for setting up a manufacturing plant of Polypropylene (PP) woven bags at Pansura, East Mednipur in West Bengal
8But it is not cooperating any longer to get its loans rated

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8Get the official rubber settlement rate in Singapore
8Also, know why rubber prices are rising in Kerala

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Oct 25, 2021: RCF ratings raised

8Rashtriya Chemicals and Fertilizers Limited had a negative rating some time ago
8But that has since been upgraded

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8Plastics are on track to contribute more climate change emissions than coal plants by 2030.
8Find out how grave this problem is

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8Dow this week has finalized an agreement with Gunvor Petroleum, a wholly-owned subsidiary of Gunvor Group Ltd, to purify pyrolysis oil feedstocks derived from plastic waste which will be sufficient to produce new Polymers. Gunvor will supply cracker-ready feedstock to Dow in Europe beginning in 2021, which will be used to produce circular plastics for customers

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8This global tyre manufacturer has evolved its own natural rubber procurement policy
8The company is keen on developing a long-term, sustainable supply chain for its natural rubber requirements
8Click on Reports for a copy

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8This foreign country's Plastic Industry Pipe Industry has come up with its own guidelines for polyethylene pipe and fittings compounds, September, 2021
8It is big user of such pipes

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8The world's largest oil and petrochemical company is planning carbon neutrality by 2050
8Find out more 

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8Siddharth Grease and Lubes Pvt. Ltd. (SGL), a leading Indian manufacturer and supplier of lubricants, has opened its first plant in the Middle East in the inner port of Sharjah's Hamriyah Free Zone Authority (HFZA)

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8Find out why the New York listed IG Petrochemicals is a favourite among punters

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8For RIL, oil and gas shines, retail recovers, and RJio sees a consolidation in subscribers

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8In its petrochemical pricing, RIL has migrated from ex-work pricing to delivered pricing
8Then again, no QD for deemed export can be clubbed with domestic sales
8Further, no combination of HDPE, LLDPE and LDPE grades allowed

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8The US has announced a brand new roadmap to analysis, limit, and remediate .polyfluoroalkyl substances (PFAS), a bunch of business “forever chemicals”, which were linked to most cancers and are present in our meals, water, and even our blood
8A $10 billion action plan has been worked out

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8Fossil fuels will continue to remain significant in the global energy basket even with accelerated adoption of renewables but the oil companies will have to develop less risky models going forward, Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Subhash Kumar has said.

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Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
Technology licensor is selected and EPCM contractor RFQ is around the corner
Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited at the end of November 2021. RFQ for the LSTK contractor is likely to be released in Jan 2022

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EIL is the PMC for the project
8Only a handful of companies are in the race for this CDU/VDU project

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Oct 25, 2021: Briefs

8Oil field service providers are passing on higher costs to end customers
8Peak oil scenarios are now being redrawn in light of the current surge in demand
8Port congestions worsen around the world
8The subcontinent recycling market is witnessing a surge of inquiries from interested end buyers
8This company has developed a proprietary technology to produce low-emission hydrogen and carbon black from natural gas
8Oil stocks can go through the roof, as presently they are being priced at oil benchmarked to just $55-60/bbl
8There has been a junior-level reshuffle in the petroleum ministry

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8India's largest consumer of LNG has disappeared from the market
8What is going on?

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8Iffco's Nano urea figures in a corruption scandal

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8A new MAP/ DAP tender is out

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