News & Bulletin Updates

VAM prices have been revised at Hazira.

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Ethyl acetate prices have been revised at Ex-Ashok.

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On August 4, 2021, acetic acid prices moved down in the domestic market of Mumbai.

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MIBK prices have moved lower in the Kandla market.

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MEK prices have moved higher in the Mumbai market.

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On August 4, 2021, trading sources reported a fall in C9 Solvent prices in the Mumbai chemical market.

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8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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8Adani is likely to take on Ambani in the petrochemical segment
8And a mother of all battles may well be ahead

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8Are you exporting to the UK, and are you facing any problems
8Here is an appropriate forum where you can express your views

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8COVID 19 outbreaks in China, though much lower than India, invites stronger quarantine methods, invites much stronger measures
8And commodity prices are getting hit

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Aug 03, 2021: Outlook ahead

Get the outlook ahead for
8Naphtha
8Toluene
8MTBE
8Isomer MX
8Ethanol

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Looks like EIL had got the pricing wrong for the EPCM for the polypropylene and catalytic dewaxing units for the Panipat refinery
8It came last in the bidding for the contract
8Clearly, the engineering major has high overheads, but it will have to trim down its costs and its pricing to grab consultancy contracts

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8There was a high price differential between bidders for the crucial EPCM for the overall project management of capacity expansion of the Panipat refinery from 15Mmtpa to 25Mmtpa
8Toyo came last, and its price was almost twice as high as that of the L-1 bidder

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 8Find out why L&T stands the best chance of grabbing the RFP for two additional tanks for PLL’s Dahej LNG terminal

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An NCR based company has bagged the propylene and LPG mounded bullets project for Rs 499 crore for the Gujarat refinery
8It was a three-way fight

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Indian Oil Corporation wants to diversify away from just being a traditional supplier of petrol and diesel to other relevant alternatives.
8Find out which companies responded to a proposal

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8Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel
8The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and
 in the future, this could grow to 1 GW capacity

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8This public sector oil & gas company has decided to relax the provision surrounding the disclosure of price bid during the techno-commercial stage
8There will not be a outright rejection now

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8Will the recent loss of lives in Mumbai High bring about a revamp in the hiring process for offshore vessels and rigs?
8Perhaps yes

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There are three mega-sized ethanol projects coming up in Balasore Odisha
8They are all going to be grain-based
8Total investments cleared is a massive Rs 2083 crore

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DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 2000 crore
PMC request for quotation (RFQ) in Q3 FY2021-22
DAP/NPK Greenfield Project
8Cost - Rs 300 crore
EPC RFQ in September

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Given that domestic gas prices are so low, both for onland and deepwater fields, is there a proposal to remove the ceiling?
8A lot of pressure has been brought on the government both by ONGC and RIL to take the ceiling off

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8Get the month-wise, company-wise MRP of DAP and other decontrolled fertilizers here
8The data is available for April 2020 to July 2021

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What are the completion dates of the new urea plants under construction?
8What is the progress made so far?
8Also, how much money was spend on each project so far

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