Low VAM prices were reported today at Hazira. 

A revision in hexane has been announced at Kandla.

On October 29, 2021, Petrochem sources confirmed that 2EHA prices had risen in the Kandla market.

8Recent hurricane disruptions and supply chain challenges led September's chemical production to come down across the US, and sharply in the Gulf Coast, according to data released today by the American Chemistry Council

8Indorama Ventures Public Company Limited (IVL) has launched its 10th annual Sustainability Report and a video celebrating a decade of ambitious PET recycling and carbon reduction milestones. Indorama has come out with a sustainability report

8Leading Indian Global EPC and turnkey project management company, Nuberg EPC, has announced winning two sulfuric acid plant projects in Gamasa City, Egypt and Oromia, Ethiopia

8Petrofac wins EPC contract

8LanzaTech and Spray Engineering Devices to set up a bagasse-to-alcohol project

8Are you wanting to do business with Tanzania?
8Find out how you can get all the helpful contacts

8The PNGRB is, as the court has observed, nothing but a paper tiger at the moment
8But that is going to change soon

The petroleum ministry is upset with the intensive manipulation of the domestic gas market by some players.
8"Do you want me to go to jail," a top official had reportedly shouted at a meeting of gas companies recently
8Clearly, the ministry feels cornered, and the errant companies have been identified, and they have asked to submit a comprehensive report on their supposed "malpractices"

This year last time was a bad year for the economy
8Even so, LNG imports in September this year were lower by around 10% from what it was in September last year. High cost has inhibited LNG imports
8As for allocation of scarce subsidized (in relation to international price or the landed price of LNG) domestic gas, it is clearly is a Hobson's choice for the government when it comes to allocating cheaper domestic gas: should it go to the fertilizer sector or to the CGD or PNG segment or the power sector? This government has decided to give priority to the CGD sector
8In the process, the LNG content in urea production has gone up, and since gas price is a pure pass-through under the fertilizer retention policy, high cost LNG consumption by urea units is being funded entirely by the central exchequer
8As for power, gas-based power has been unviable for a long time, and it is unlikely that this dynamic will change anytime soon
Know more for a disaggregated picture 

The Haldia-Barauni product pipeline is under active contracting as of now
8There are quite a few RFQs ahead
Get the latest status on who has won what so far in this project

NP (20:20:0:13) Fertilizer Expansion Project
8Cost: Rs 220 Cr
8Update: Three companies are in the race but selection of the winning bidder is taking time
Nano Fertilizer Greenfield Project
8Cost: Rs 119 Cr
8Update: The company has hired EQMS India Pvt. Ltd for environmental clearance.The proposal for the term of reference has been granted in Feb 2021. The final preparation of the EIA report is still ongoing, a proposal for the environmental clearance is likely to be submitted at the end of December 2021. RFQ for the LSTK contractor is likely to be released in January 2022

8A big fertilizer company has announced vacancies for qualified, dynamic and result-oriented experienced professionals for the post of Advisor and Senior Consultant
8The last date for applying is 4th of November 2021

8There are reports of fertilizer shortage in India
8Find out what the government has to say

The long relationship between public sector companies and Air India has come to an end
8Air India will no longer offer credit to public sector companies, all ticket swill have to be paid in cash

8That rising inflation and limited pricing power have squeezed profit margins of manufacturing sector companies are clear from the early trends from the second-quarter earnings season.

8The government on Wednesday said, it has received a dividend of Rs 6,665 crore from Bharat Petroleum Corporation Limited in the fiscal year 2020-21, taking its total dividend received from central public sector enterprises (CPSEs) to Rs 15,237 crore so far this year.

8The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, DIPAM Secretary said on Wednesday. "Govt received final dividend of Rs 6,665 crore from BPCL for the FY 2020-21.

8India's crude oil imports in September hit a five-month high, government data showed on Wednesday, as a pick up in economic activity and mobility led to higher fuel demand.

8Cooking gas LPG prices may be hiked next week after under-recovery on the fuel widened to over Rs 100 per cylinder, sources said insisting that the rate hike, including the quantum of increase, is dependent on government permission.

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8One Phosphoric Acid Shipment is reaching on 29th October 2021
8One Sulphuric Acid Shipment is arriving on 29th October 2021
8One Urea Shipment is coming up on 2nd November 2021
Get their import prices here

Dabhol has a cargo picked up from Soho waiting to unload
8Mundra has one from Freeport
8Dahej has deliveries from Das Island, Idku, Point Fortin, Ingleside and Ras Laffan
8Hazira has only one cargo from Bonny
8Cochin has a cargo lined up for 29th of this month
8And Ennore has two cargoes, one from Qalhat and the other from Lake Charles lined up in quick succession