News & Bulletin Updates

On May 27, 2021, Petrochem sources reported a fall in acetonitrile prices in the Mumbai chemical market.

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IOCL has rolled over PP and PE prices, wef May 27, 2021.

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A major producer from Taiwan is heard to have offered its PVC in the Indian market.

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PVC is being offered by a producer from Taiwan in India.

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A South Korean producer has offered its PVC in the Indian Market.

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Major Indian polymer producer, Reliance India Ltd, is heard to have offered its PP and PE in Nepal.

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A major India producer is heard to have announced its offer for PP and PE  in Nepal.

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Panipat refinery PP unit is coming up
8So there are developments in it
8And everyone is going through the fineprint

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67 lakh tonnes of chemical imports are lined up
8This is as much as 33% less than the normal 1 MMTPA of imports lined up on an average day in a post-COVID, post-cyclone days
8A whole lot of less chemicals are coming into the country as of now

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Heavy-duty, 6.5 MMTPA of crude oil is stationed up for unloading at Indian ports
8This is a lot of crude for India's COVID-infested, lockdown prone POL demand centres
8So what really is happening?

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May 26, 2021: LNG imports: Details

IOC is bringing in one cargo of LNG
8One at Dahej and the other at Cochin
8Mundra has a cargo too
8Dahej is busy but not as much as it was before the lockdown and now the cyclone

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8Get the latest fertilizer import data, here
8Find out who is importing how much
8This is a daily import matrix that our team collects from different ports

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8Get the latest update on the cyclone here

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8Indian ports, Infested by COVID and assaulted by a new cyclone, are trying to cope at best as they can
8Here is the latest port-wise update

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8In a big blow to HOEC, its big investment in an offshore field seems to have run into a spot
8The cyclone and the rough seas on account of the monsoons have delayed output by an entire season

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8Will we have a turncoat amongst those accused in the IFFCO, IPL FIR?
Find out more

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8At a crucial time in the KG-DWN-98/2 program, there is a crucial change of guard
8Find out what it is, and also know more on when first gas is expected from two more wells which are getting drilled

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At current rate of vaccination, we are more than two years from herd immunity
8At thrice this rate, we will still be 9 months away
8China and some others are far ahead of us
8Business leaders must take this into account while planning ahead

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8Two industrial giants have teamed up to explore, develop and implement green technologies with the aim of contributing to sustainable fertilizer production

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8What is all the fuss about a Japanese company importing ammonia to fire up a power plant?
8The ammonia will replace coal

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Ammonia Storage Tank Greenfield Project
8Cost - Rs 2773 crore
DAP Greenfield Project
8Cost - Rs 200 crore

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The Haldia terminal brings in cargoes for MCPI, Birla Carbon, IVL Dhunseri and Indorama
Here is an assortment of chemicals coming in:
8Paraxylene
8Butadiene
8Phosphoric Acid
8LAB
8MEG
Read for full details on who is importing how much and their arrival dates

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8FACT and GSFC are each getting in 2 ship loads of phosphoric acid
8Indorama and Coromandel International are bringing in one each
8IFFCO is also importing a huge cargo

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8Birla Carbon India to land a big carbon black feedstock cargo at Haldia
8Find out where it is from and what is the quantity

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8Someone is bringing in a 17000 tonne caustic soda cargo at Vizag
8And also one smaller cargo of sulphuric acid

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