News & Bulletin Updates

8Exemptions are not coming in against the Make in India clause

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8Eventually, there is no escape from creating the credible and measurable platform for ethane emissions.
8And Indian industry must begin to learn the process as it moves forward

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Granular Single Super Phosphate Greenfield Project 
8Cost: 148 Cr.
8Project Event: The project is still in the initial phase, the proposal for the environmental clearance is likely to be elicited at the end of January 2022, due to a delay in the review. RFQ for the EPC contractor is likely to be released in February 2022.
Single Super Phosphate Expansion Project
8Cost: 20 Cr.
8Project Event: The company has applied for a loan which is likely to be granted at the end of December 2021. RFQ for the local contractor is likely to be released in Q4 FY 2021.

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8India's top oil and gas producer ONGC has scripted a sharp turnaround in fortunes of its subsidiaries with its petrochemical unit reporting its first ever profit, a top official said.

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8Oil marketing companies (OMCs) are discouraging ethanol produced from sugarcane as well as molasses while promoting grain-based ethanol projects, industry body ISMA on Friday said, and demanded that immediate corrective measures should be taken to ensure that blending programme is not derailed.

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8Engineers India Ltd (EIL), under the aegis of the Ministry of Petroleum and Natural Gas, and Institute of Chemical Technology (ICT), Mumbai announced they has signed an agreement to collaborate for development of technology for large-scale cultivation of algae and extraction of value added products.

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8India has offered 8 oil and gas blocks, mostly in Assam, for bidding in the latest bid round with a view to bringing more area under exploration, leading to increase in domestic production and reduction of imports.

 

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8It is not known how much governmental help can help in either enabling higher fertilizer imports in what is a global free market or in striking JV deals
8But the DOF keeps trying

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8Tecnimont promises a one-stop green transition solution in the fertilizer sector

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The Indradhanush Gas Grid is doing some active contracting on its Rs 10,000 crore North East gas grid
8Project consultants have been short listed for yet another phase
8Also, more tenders are in active phase

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A true account of the gas economy in India will not yield a happy narrative.
8Natural gas consumption fell by about 1 percent in 2011-2019 and the share of gas in India’s primary energy basket fell from its peak of 9.4 percent in 2010 to 6.29 percent in 2019 (share without biomass in total primary energy consumption)
8The COVID impact has made this trend more adverse
8Find out what we are up against when trying to push India towards a gas-based economy

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Stearic acid prices are cut in Mumbai.

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8Amit Shah has made a further announcement with respect to the ministry of cooperative

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Dec 20, 2021: Daily import prices

8One Rock Phosphate Shipment is coming up on 20th December 2021
8One Phosphoric Acid Shipment is reaching on 20th December 2021
8One Ammonia Shipment is reaching on 21st December 2021
8One Urea Shipment will reach on 21st December 2021

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Low unsaturated polyester resin prices were reported today in Ahmedabad. 

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Epoxy resin prices witnessed a huge fall in the Ahmedabad market.

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A rise in demand has raised dichloropropane prices in Mumbai.

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SAP prices witnessed a fall in the Delhi market.

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Isobutylene prices have increased in the imported market of Delhi.

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DINP prices are cut in Delhi today. A falling demand has pushed the prices down.

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On December 20, 2021, Petrochem sources reported a fall in DOTP prices in the chemical market of Mumbai.

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Benzyl alcohol prices are gradually picking up in the Mumbai chemical market.

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A fall in pine oil demand is noticed in the Ahmedabad market today.

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PCE prices have gained in the Ahmedabad chemical market today.

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Cyclohexanone prices have increased in Kandla port.

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