News & Bulletin Updates

Urea Revamp Project
8Cost - Rs 220 crore
8Project Event: The Company has invited offers from renowned EPC Contractors for further execution of the Project on an EPC basis. The bidding process is still ongoing.
Sulphuric acid Plant Greenfield Project
8Cost - Rs 100 crore
8Project Event: The company has invited Expression of Interest from LSTK contractors & based on their response, techno-commercial offers will be invited. Tendering process is still ongoing

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When you have a suspicion of over-invoicing in cost-plus scenario, everyone turns their attention to the FICC.
8And this time around it is no exception

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8The world has started pushing green hydrogen production now
8And major companies are now looking at it with great amount of seriousness
8Find out more on what is actually getting done here

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8Technology helps in finding new sources of fertilizers
8Find out more on what scientists are up to

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8State-run oil and gas explorers ONGC's plan to complete merger of its refining subsidiary MRPL with recently acquired HPCL to align its upstream and downstream operations into two verticals has got delayed.

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8Hurricane Ida's damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records.

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8UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.

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8Industry coalition SEA-LNG recognises significant growth in LNG-fuelled vessel orders in 2021.

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8In his Independence Day speech, the Prime Minister announced five key initiatives, the first being Mission Hydrogen. He outlined a vision of becoming a global leader and enabling a substantial domestic hydrogen economy.

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Market sources reported an increase in DEG prices in Hazira today.

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Market sources reported that benzene prices were cut at Vizag today.

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A rise in IPA prices was recorded today at Hazira.

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Tight supply coupled with high demand has raised IPA prices in the Mumbai market.

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MEK prices registered a sharp fall in the imported market of Kandla.

 

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On September 8, 2021, trading sources reported a fall in benzene prices in the Mumbai chemical market.

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Ethyl Acetate prices are slowly increasing in the Kolkata market.

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On September 8, 2021 imported polyamide 66 prices moved higher in the Ahmedabad polymer market.

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Petrochem sources have reported a sharp fall in POM (M270 44) prices in the Mumbai market

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Ahmedabad polymer market recorded a rise in imported polyurethane prices today

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VAM prices were assessed lower in the Ahmedabad market. 

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Polyamide 6 (M28RC) prices fell today in the domestic market of Mumbai

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On September 8, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

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On September 8, 2021 the international crude oil price of Indian Basket was quoted at around $70.67 per barrel on September 08, 2021.

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Ethylene Dichloride prices have been revised at Pipavav.

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Prices for ethyl acetate have been increased at Ex-Satyam.

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