8Vishnu Chemicals Ltd has found itself in a niche market
8And it is sticking to it, expanding its client base both domestically and internationally
8And this company is a prime example of how the China plus 1 has been beneficial: it now a preferred vendor instead of being a second option for clients

8The performance of Merrito Polymers (India), a manufacturer of vinyl sheeting and polyvinyl chloride flexible film and foils in Krishna District, Andhra Pradesh, underlines the problems smaller companies face in this rather crowded business

8Supreme Industries is known for being a PVC pipe manufacturer
8But it also present in other product categories and the big advantage is higher PVC prices are getting passed on to the market without much of a hitch
8What sets the company apart is that it has been gaining market share from the unorganized market
8It remains a favourite scrip for stock market punters

8Mahavir Polyplast is engaged in the manufacturing of pipes such as un-plasticized polyvinyl chloride (UPVC) pipes, casing pipes, ribbed screen pipes, plumbing pipes and column pipes
8The going has not been that easy

8We are carrying here a weekly sulphuric acid market report
8Find out what kind of prices are projected going ahead

8Find out our weekly analysis, price charts and projections on MEG price movements for the coming week

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

Get the latest update on the DHDT tender issued by NRL
8Who had bid and when will the price bids be opened?

8A Project Management Consultant is needed for a 1400 km pipeline project

Former petroleum ministry bureaucrats, who has been join secretaries in the E&P division of the ministry in particular, play very important roles in the Ambani-funded think tank, the Observer Research Foundation (ORF).
8One of them, Sunjoy Joshi, former E&P JS in the ministry, is the chairman of the ORF now.
8And another, JM Mauskar, again a former E&P JS, is the advisor
8Both of them came to know the Ambanis well while dealing with them in the petroleum ministry
8Mauskar went on to garner a lot of governmental experience before landing up in the ORF while Joshi joined ORF soon after he was transferred out of the petroleum ministry
8Both are now influential thinkers and what they say carry a lot of clout
8Clearly, both have found comfortable sinecures outside of the bureaucracy
8Here is a report authored by Mauskar for the ORF on the constraints that India faces while reacting to climate change goals

The Anjar-Chotila gas pipeline has been in the making for a long time now
8Progress has been slow for various reasons
8But expect a lot of RFQs ahead

The Modi government is pushing small and medium enterprises into the oil & gas sector
8But problems remain
8If you want a one-on-one interaction, here is an opportunity to clear your doubts on how to make a debut or how to push more business in this segment

Ammonia Storage Tank Greenfield Project 
8Cost - Rs 100 crore
8Project Event: The tender for the design, engineering, procurement, fabrication, supply, transportation, handling, erection, testing, and commissioning of an ammonia storage tank is likely to be re-released at the end of November 2021
Ammonia Greenfield Project
8Cost - Rs 2773 crore
8Project Event: The project is likely to be submitted as a proposal for environmental clearance in December 2021. in place of September 2021. The RFQ for the contractor is likely to be released in February 2022

The non-refinery based petrochemical and chemical sector has grown rapidly in recent years
8In fact, surprisingly, during COVID, some of these companies posted a dramatic increase in turnover
8This goes to prove that some of these companies have grown highly resilient, and they are now players in the global market, particularly in the specialty chemical markets
8Most of these companies started small but have grown rapidly, and now they have become ambitious. Capex plans range from Rs 100 crore to Rs 1000 crore and more
8And no one covers this segment better than we do

8Deepak Fertilisers and Petrochemicals Corporation Limited has raised Rs 510 crore through sale of shares to institutional investors
8Know more

8This global major has raised sales by 8%

Get the daily updates for
8Chemicals 
8Crude
8LNG
8Weekly Fertilizer
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

It is difficult to figure out from the list of LNG cargoes lined up for Indian terminals, which could possibly be spot cargoes
8All those who are currently importing LNG have long cargo deals into India
8Arcelor Mittal Nippon Steel is getting in cargo at Shell's Hazira terminal on the 29th. Looks like a spot cargo to us
8No other spot cargoes are noticed in the entire portfolio of upcoming shipments
8Then again, GAIL is getting in cargoes from Singapore, but that is a swapped cargo, perhaps

8One Sulphuric acid Shipment is reaching on 26th October 2021
8One ammonia Shipment is arriving on 28th October 2021
8One Sulphur Shipment is coming up on 29 October 2021
Get their import prices here

8Generally, a trade deficit occurs when a nation imports more goods than it exports. In classic economic theory, countries with a trade deficit will see their currency weaken, whilst those with a trade surplus will see their currency strengthen.

8Batting for green hydrogen as a transport fuel, Union Minister Nitin Gadkari said there is a need to make India a country that will not be dependent on imports of petrol and diesel.

8Goldman Sachs said a strong rebound in global oil demand could push Brent crude oil prices above its year-end forecast of $90 per barrel.

8There is commodity upturn cycle being witnessed and this is true of even natural gas futures that surged. The surge came on the back of forecast of a chilly November has surfaced concerns that the demand shall be higher and we shall face supply side constraints.

8Fertilisers shares closed higher in the Monday's session.

VAM prices were assessed lower in the Ahmedabad market.