DEG prices at Hazira are currently at higher levels.

Low formic acid are reported today in Kandla.

BAM prices in the Kandla port have fallen sharply.

Fresh ethyl acetate prices have been announced at Ex-Satyam.

New benzene prices have been announced at Vizag.

On August 7, 2021, trading sources reported a fall in acetone prices in the acetone chemical market.

Acetic acid prices witnessed a fall in the Mumbai market.

Prices for butyl acetate have been reduced at Hazira.

8The website carries here our weekly outlook for benzene
8Find out how prices are going to behave going ahead

There are many in the downstream EPC industry who think that Indian petrochemical expansion boom is over after Panipat and CPCL projects are completed.
8But they may be wrong
8IOC has big plans ahead right up to 2030, including acquisitions in the chemical and petrochemical industry as it wants to foray deeper into the fine chemicals segment
8Also, IOC is very ambitious about the LNG business, wants to become the dominant player, with a 40% market share
8And its E&P division is looking for big acquisitions, big and small, in India and abroad

8Here is a company that has developed factory assembled, containerized plants to convert Stranded and Flared natural gas to Hydrogen, Methanol and Ammonia by Electric Steam Methane Reforming
8Then again, it has expanded its range of bio-Ethanol technology by securing license for Cellulosic (2G) Ethanol technology which can utilize Rice and Wheat straw, Cane trash, Corn Cobs, Cotton stalk and Bagasse as feedstock to produce Ethanol
8Further, this company now offers Ethylene, Ethylene oxide and Ethylene Glycol plants based on bioethanol feedstock, thus producing raw materials for Green Plastics

8This company plans to produce Polyurethane foam (PU Foam)
8Cost: Rs 80 crore

8Anyone interested in buying spent catalyst with platinum in it?

8Kothari Petrochemicals Limited is the largest manufacturer of PIB in the country, with an nameplate manufacturing capacity of 36,000 TPA
8Find out more on how it got a ratings upgrade

8It was a trading company that turned into a manufacturer of unsaturated polyester resins
8Know more about it

8McDermott International wins two EPC contracts for IOC's Barauni refinery
8The project will be executed from McDermott's Gurgaon office in India with support from teams in Perth, Australia, and Brno, Czech Republic

8As procurement sophistication increases, inbound freight—which makes up about 10 percent of raw-material spend—may offer the best opportunity for further savings in the chemicals industry and beyond
8Know all about it

Distress pricing in the offshore vessels market has raised concerns among industry watchers.
8In one case the L-bidder, against an ONGC tender, has quoted so low that even in a bad market, others may find it difficult to match that price without staring at losses

8Who are top 50 key executives in IOC today?
8Get their names and get in touch with them if you have any business interest with this oil industry giant

8The NRL managing director S.K. Barua is retiring
8So who is likely to take his place?

8A startup is aiming to replace synthetic fertilizers that contribute to greenhouse gases.
8Know more

8Chambal Fertilizers posts a rock solid Q-1 performance

 India will not reach its 15% gas use target in its energy mix by 2030
8And the debate over withdrawal of price benefits to priority sector is more complicated than some would suggest.
8Also, India is highly price-sensitive
8Here is a fresh and comprehensive report on the Indian gas sector, full of insights and recommendations on what lies ahead

NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore
8Project Event: Environmental clearance has been elicited in February 2021, The company is talking with a different local contractor now, and the final RFQ for the local contractor is likely to be released in October 2021, due to the second wave of Covid.
Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: Public hearing has been completed, the proposal for environmental clearance is likely to be granted in September 2021. RFQ for the EPC contractor is likely to be released in Q3 FY 2021.

8There is relief in the alleged fertilizer scam involving IFFCO and IPL