News & Bulletin Updates

Butyl acetate prices have been reduced at Hazira.

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Market sources reported a reduction in C9 solvent prices in Kandla today.

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On October 30, 2021, Petrochem sources confirmed that aniline prices had risen in the Kandla port.

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Butyl acrylate monomer climbed higher in Hazira, today.

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8Daily petrochemial price matrix for today shows a lot of changes in prices across India
8Get a complete roundup of petrochemical price movement today, across all products and all markets

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8We provide chemical prices in India, divided in terms of bulk, retail and repack prices
8Get today's chemical price matrix for the entire country

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8Shell is one of the world's largest petrochemical players is undertaking a slow but steady transition to a world where climate change is the new imperative
8Find out more on what it is trying to do

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8Deepak Nitrile has been unable to beat the blues arising out of COVID
8Phenolics continue to aid the performance of other segments, as the EBIT margin in fine and specialty chemicals dip for the fourth consecutive quarter and the same for basic chemicals normalize

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8High fertilizer prices seems to be hitting the US farmers hard
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8Mitsui Chemicals has tied up with Mitsubishi Chemical for a bio-polyester deal

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8The world's largest petrochemical company just posted its Q2 results
8And it has been a strong performance
8It also promises carbon neutrality by 2050

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8The precision microchemicals market is big business
8And here are some details

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8Plants from plastics: Bio-based polymers can be transformed into fertilizer

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8The Chinese oil and gas super giants are far bigger than the oil giants of the West
8Each of them will be many times larger than their Indian counterparts such as RIL or ONGC
8And one of them have just posted a great performance

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8Tata Chemicals exuded a modest increase in sales in Q2
8But a big rise in profits

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8Get the official settlement rate for rubber in Singapore

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8Anya Polytech and Fertilisers Private Limited (APFPL) is a joint venture between Anya Agro & Fertilisers Private Limited and KRIBHCO Infrastructure Ltd
8The company is engaged in manufacturing of HDPE bags (High Density Polyethylene)
8The modest scale limits the company’s financial flexibility in times of stress and deprives it from scale benefits

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8CIL Nova Petrochemicals Ltd (CNPL) was formed as part of the demerger from Nova Petrochemicals Ltd in 2007 and is engaged in the manufacturing of different type of synthetic yarn from polyester - Partially Oriented yarn (POY), Fully Drawn Yarn (FDY) Polyester Texturised Yarn (PTY) and Draw Texturised Yarn (DTY).
8But it suffered a ratings downgrade

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8Clariant has produced a robust Q3 performance
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There is a tender out for the purchase of 5 2000 HP rigs by Oil India Ltd
8But will there be a Chinese shadow over it?

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The L-1 bidder for the rotary steerable system cannot bag the contract
8Such are the rules
8But it is still keeping its hopes alive

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Essar Bulk Terminal Ltd (EBTL), a unit of Essar Ports Ltd envisaged developing a 6 MMTPA LNG
8An EC was granted last year
Here is an update

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The government's administrative regime for gas pricing has brought about windfall profits for some traders who picked up gas at RIL auctions only to sell it at massive profits in the gas exchange.
8This is because of the lag effect in the governmental pricing regime
8Over and above this phenomenon, the lag effect had a detrimental impact in yet another way, this time on City Gas Distribution companies

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Aegis is now formulating plans for further Capex down the down, after its partnership with Vopak
8It has a first-mover advantage in the private sector terminal segment, and the space for growth is enormous

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Ammonia Brownfield Project
8Cost: Rs 250 Cr
8Update: The project is in the initial phase and the discussion is ongoing, The project activities are still on hold. RFQ for the Environmental Impact Assessment (EIA) Consultant is likely to be released in January 2022. 
NPK-TSP-GSSP Greenfield Project
8Cost: Rs 100 Cr
8Update: The project has elicited environmental clearance; internal discussion is still ongoing. RFQ for the LSTK contractor is likely to be released in December 2021

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