On May 22, 2021 polyamide (M28RC) prices were assessed lower in the Delhi

Polyamide (M28RC) prices have drifted down in the Ahmedabad polymer market.

Prices for ACN were quoted lower in the Kandla market today.

On May 22, 2021, benzene prices were quoted higher in the Mumbai market.

GNFC Group has announced a revision in ethyl acetate prices.

A reduction in butyl acetate prices has been announced at Hazira.

IPCL has announced a cut in MEG and DEG prices.

On May 22, 2021 Petrochem sources in Mumbai reported a fall in DOP prices.

A fall in acetic acid prices in the imported market of Mumbai was noticed on May 22, 2021.

Formosa Plastics Corp has taken its PVC unit off-stream.

MEG prices have moved up in FE Asia on account of positive buying trends in the region.

GNFC Group has announced a revision in acetic acid prices.

Reliance Industries Ltd has announced price revisions for DEG in the domestic market.

A revision in MEG has been announced by Reliance Industries Ltd.

8Daily petrochemial price matrix for today shows a lot of changes in prices across India

8Get here the full chemical price matrix for today
8This is the most comprehensive coverage that you can ever get

Here is a Rs 20,000 crore brand new petrochemical project
8And preliminary work had begun on it

Old fertilizer names have surfaced in the CBI probe against Awasthi and Gahlaut
8And the route seems to be through the AgustaWestland scam accused Rajive Saxena
8Among the names are AD Singh, an agent turned politician, whose connections with the DOF goes back to the time he had a friend who worked as the PS to the fertilizer ministry, when he met up with Pankaj Jain
8A CBI FIR may well mean some protective custody questioning too

This website has dug a little more into the CBI case involving IFFCO and IPL
8A CBI FIR is a serious business
8Find out what we have found out so far

Many lives were lost in the barge deployed by Afcons for the LEWPP-2 after Cyclone Tuktae hit home badly
8Who is to blame?
8Should Afcons as well ONGC share a fair amount of it instead of just the barge operator?
8Find out more on that may be the case

A large and well-established company is seeking proposals from EPC contractors along with FEED for a large petrochem project.
8But it seems to be unwilling to pay for the FEED unless it wins the contract
8On the ground that the wining design is the one which will get the project, and an EPC contractor needs to do the necessary hardwork and spend money on FEED to deserve a large project
8How good is this argument?

Tata Projects made a forcible entry into the refinery-cum-petrochemical business via HPCL's Barmer refinery project
8It bid aggressively to become the L-1 contractor, beating its established competitors by a wide margin
8The LOAs were handed out somewhere around January, 2020
8What is the progress so far, have the Tatas lived up to expectations or are the critics who claimed that Tatas bid too low and they are likely to falter are proving right?

8The culture in a company as large as Indian Oil Corporation Ltd is unlikely to change very quickly
8But is the new CMD trying to bring about some change?

L&T's international hydrocarbon division has now become very large
8Larger or equal to Indian operations
8The company has built scale now, and it is likely that global business over time will far exceed what is the domestic component

88 lakh tonnes of chemical import are on way to berth in India
8Get the detailed picture here