News & Bulletin Updates

8Specialty chemicals company Lanxess and BP recently announced a strategic partnership to significantly advance the use of sustainable raw materials in high-tech plastics production

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8This recycling company is promising a litter free Goa

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8Malaysia is pushing the production of quality rubber in one of its largest rubber growing provinces

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Oct 19, 2021: Price outlook ahead

Get the weekly outlook here for
8Naphtha
8MTBE
8Toluene
8Isomer MX
8Ethanol
8Methanol
8Propylene
8Polyethyelene
8Benzene

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8We are carrying here our weekly outlook for MIBK
8Find out how prices will behave next week

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8Get here our weekly analysis for benzene for the coming week
8Find out what our analysts have to say about prices going ahead

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

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8Jet fuel derived from a type of mustard plant can replace the petroleum-based aviation fuel to reduce carbon emissions by up to 68 per cent, according to a study led by an Indian-origin scientist in the US.

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What ONGC is trying to do is clearly nothing short of a leap of faith.
8It plans to dig the furthest deepwater production wells that anyone had done in India and only a few had been so adventurous worldwide
8The bathymetry indicates that the field lies in the abyssal plains with water depth reaching from 2840 mts to 2500 mts over a 50 km distance and to 2000 mts over an 85 km distance
8And ONGC is looking for assistance to do so

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China is by far the largest exporter of project equipment into India
8And Italy, not the US is the second

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Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore
8Project Event: All the procurement work has been completed, a long lead item is likely to be reached to the plant in November 2021, Ionexchange India Ltd is the LSTK contractor. Construction is likely to be started in November 2021
Ammonia-Urea Energy Saving Project
8Cost - Rs 481 crore
8Project Event: 99.8 % of the construction has been completed. Testing is ongoing, Project is likely to be completed at the end of October 2021

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8If you want to keep a check on how COVID-19 is working its way through the Indian economy, do not need to go further

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8Japan's government is embracing ammonia as fuel of the future
8MOL has signed a MoU to purchase ammonia-fuelled main engine for ships
8Know more

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8India, the world's third-largest energy consumer, has told Saudi Arabia and other OPEC nations that high oil prices will hurt the nascent economic recovery the world is witnessing after the devastating pandemic and that they have to price oil at reasonable levels, a top official said on Monday.

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8India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes, two sources familiar with the matter said.

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8A stock of 100,000 litres of Nano Nitrogen Liquid Fertilizer imported from India is being airlifted to Sri Lanka today (Oct. 19), the Ministry of Agriculture said.

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8With the vaccination drive picking up pace and COVID-19 mortality rate coming down, it is time for India to embark on a new trajectory of sustainable and inclusive growth, said a Reserve Bank article on the 'State of Economy'.

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8We are providing additional daily chemical price coverage for major cities
8The following chemicals are included: Inorganic Chemicals (Liquid chlorine, Liquid alkali, Heavy soda ash, light soda ash, Diluted nitric acid, Hydrogen peroxide, Acid Ester, different kinds of Chloride, different forms of Polyurethane, low molecular weight polymer, feedstock for coatings as well as ethylene oxide and downstream, as well additional plasticizers, alcohols, methanol and downstream, aromatics, ethylene oxide and downstream

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8We are providing daily prices of fibres of different grades for major cities in India
8Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene

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Our rubber coverage extends to:
8Special synthetic rubber
8Synthetic rubber
8Silicone
8Natural rubber

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Ethyl Acetate (domestic intact) prices have drifted down sharply in the Ahmedabad market. 

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8Around 9.58 lakh metric tonnes of chemical imports are getting tracked
8And we are here to give a forward looking chemical import matrix

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8Total crude imports lined up is over 6 MMTPA
8Get the full as of today evening data here

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As far as LNG imports are concerned, only three terminals are active
8GAIL is bringing in four cargoes, three at Dabhol and one at Dahej
8IOCL, Petronet and Arcelor are bringing in a cago each

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8Our website carries the latest ammonia imports as of today evening
8Find the ports where the shipments will be delivered

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