Ammonia-Urea Expansion Project
8Cost-150 Cr,
Update: The project has elicited environmental clearance in Jan 2020, but due to a lack of funds it is on hold, the company has applied for a loan, sanction is likely to be elicited in December 2021. RFQ for the EPC contractor is likely to be released in January 2022.
Ammonium Sulphate Expansion Project
8Cost: 9 Cr.
Update: The company will execute the project on its own, without involving any external technology supplier and it shall be using its available in-house expertise and resources. The public hearing has been completed, the proposal for the environmental clearance is likely to be granted in November 2021. RFQ for the EPC contractor is likely to be released in January 2022

8As Europe enters the heating season with natural gas inventories at the lowest level in a decade, policymakers, consumers, and industries are left at the mercy of the weather, hoping for a mild winter to avoid further tightening of the already tight European gas market.

8Indian Oil Corporation (IOC), the nation's largest oil firm, on Saturday reported a marginal rise in net profit in the second quarter of the current fiscal as lower inventory gains offset better operational performance.

8Bharat Petroleum Corp Ltd (BPCL) on Friday reported a 24 per cent rise in its September quarter net profit as international oil prices soared to a multi-year high.

8GAIL (India) Ltd, the nation's largest natural gas utility, on Friday reported more than doubling of its net profit in the September quarter after it again started making money on gas marketing. Net profit of Rs 2,862.95 crore, or Rs 6.45 per share, in July-September, was 131 per cent higher than Rs 1,239.67 crore, or Rs 2.75 a share, in the same period last fiscal, according to the company's stock exchange filing.

8Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while investors unwound long positions ahead of an OPEC+ meeting on Nov. 4.

8The Union government has formed a ‘crack team’ to ensure priority movement of fertilisers to key food-bowl states as fears of shortage have sparked panic buying of crop nutrients.

8The Union government has formed a “crack team” to ensure priority movement of fertilisers to key food-bowl states as fears of shortage have triggered panic buying of crop nutrients, people familiar with the matter said.

8The current Indian political scenario ruled by BJP Government is totally different concerned to economy, education, health, agriculture, industrial, defense and concentrating on country development especially to categories related to poor and dependents on agriculture and doing reforms for their economic revival in which Government of India is playing a major role and involved in developing and implementing various plans concerned to their lifestyle and need such as increasing substantial sugar cane and food grain commodity prices, providing electricity and fresh water at lower rates, better education, employment through MGNREGA schemes, providing them houses at economical rate, better roads for transportation, providing grain markets near to their villages, reforms in food corporation, reducing interest rates, pension reforms for  senior citizen farmers and widows, yearly monetary help to farmers, availability of fertilizer, employment as per the skill in nearby industrial areas, availability of more fertile grain seeds.

A producer from the Middle East has offered its PE in India.

Price revisions for PP and PE has been announced by IOCL.

Reliance Industries Ltd raises PP deemed export prices.

OPaL announces a revision in PP and PE prices.

A revision in PP and PE prices has been announced by Haldia Petrochemials Ltd.

DCW has rolled over its PVC prices, with effect from November 1, 2021.

Chemplast has announced a roll over in PVC suspension grade prices wef November 1, 2021. 

PP prices have been raised by HMEL.

Reliance Industries Ltd has announced a revision in domestic PE prices.

Reliance Industries Ltd revises domestic PP prices.

PVC prices have been rolled by Reliance Industries Ltd.

Supreme Petrochem has announced a revision in GPPS prices.

PET resin prices have been revised by Chiripal.

A revision in PET resin prices has been announced by Reliance Industries Ltd.

JBF Industreis Ltd has raised PET resin prices.

VAM prices were quoted higher in the Kandla market today.