A fall in ABS (HI121H) IM prices in Mumbai was noticed on July 29, 2021

ABS (MIF45)) prices have registered a fall in the Mumbai polymer market

8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

The following global weekly prices and week-on-week, month-on-month comparison are given for the following items (as of July 27):
8Naphtha ( Asia Japan )
8Paraxylene ( Rotterdam )
8Benzene ( Korea )
8Paraxylene - naphtha 
8Benzene - naphtha
8Ethylene ( Korea )
8Propylene ( Korea ) 
8HDPE ( SE Asia )
8LDPE ( SE Asia )
8PP ( SE Asia )
8Butadiene ( Korea )
8Ethylene - Naphtha
8Propylene - Naphtha
8HDPE - Naphtha
8LDPE - Naphtha
8PP - Naphtha  
8Butadiene - Naphtha

8The central government has approved 10 plastic parks across the country
8Of these, eight have already been sanctioned

8A Rs 500 crore investment is coming in Bormide products and other chemicals, also including potassium schoenite, potassium sulphate, magnesium oxide etc.

8Get the monthly chemical production data for three months ending April, 2021
8In all, details are given for 28 chemicals

8New global capacity has coming on stream for 1.1 MMTPA of MEG l and 1.3 MMTPA of polyethylene

8A trade related discussion on dyes and dye intermediates is coming up
8Take part in it

8Do you want to have warehouse facility in Chennai?
8A huge new capacity has just been launched, with temperature controlled segments and multiple loading and unloading bays

8A study of 100 petrochemical losses has shown that most of them are related to corrosion
8Mostly to do with pipelines and equipment
8Bolted joint and seal failure are other major causes
Read more for a comprehensive report

8Filatex India Ltd engaged in manufacturing of Polyester & Polypropylene Multifilament Yarn
8In fact the company has a diversified product portfolio which includes  partially oriented yarn (POY), draw textured yarn (DTY), fully drawn yarn (FDY), polypropylene yarn, polyester chips and narrow woven fabrics
8The company is doing well as of now
Find out more on the company

The interview for director marketing of IOC was meant to be held on July 23 but there was an intervention in between by an interested party.
8It is a hangover from a mess left over by the previous ministerial regime

A long-pending Rs 5000 crore chemical plant is now getting active again.
8Quick developments are expected in tying up equity, and first RFQs may begin from as early as this year, according to well-placed sources

Latest reports seem to show that the use of gas-fired power plants in some states like Gujarat is expected to change by 2030, with their capacity factors increasing.
8Gas-fired power plants are expected to contribute to the flexibility of the system by helping to meet evening and night-time demand, and running at low output or shutting down during periods of high renewable output in the daytime
8Gas-fired plants also help to meet seasonal flexibility needs, with evening output increasing during the highest net load periods in September and October

With oil prices on the rise, there seems to be growing interest in the latest DSF round offering of E&P blocks.
8This is evident from the number of queries received by the DGH

8Unaccounted gas loss and its non-recognition by the PNGRB has been the cause of much debate
8Here is a major gas operator again seeking that such losses be considered in tariff on a uniform and normative basis for all pipeline operators

8The tussle over a tie-in connectivity between GAIL and GSPL from the Swan LNG terminal means there are two applications for tie-ins from the same terminal
 8And the regulator wants to call an open house on this to resolve the issues involved

8All said and done, IFFCO is a first rate company. It makes the largest profits among all fertilizer companies
8IFFCO has signed an MoU with NFL, RCF to transfer liquid nano urea technology

8Find out how the government is promoting technological innovations to stay on top of things

The tariff setting structures for Indian ports have changed dramatically
8And many are no aware of it

What is the projected price of GAIL for gas for August
8The data is given in terms of:
8FOB price, long term and that indexed to Brent
8And includes regasification and VAT
8Indexed to Brent is cheaper as of now by a good margin

Ammonia Storage Tank Greenfield Project 
8Cost - Rs 100 crore
There is just this one bidder for ammonia tanks but the technical bid opening is getting delayed
Single Super Phosphate Greenfield Project
8Cost - Rs 10 crore
8Project Event: Still, evaluation is ongoing for environmental clearance, and it is likely to be granted in August 2021. A new committee has been formed for the project, the tender for a contractor is likely to be released in September 2021.

8Indian Farmers Fertiliser Cooperative (IFFCO) held a ceremony on 23 July where the chief minister of Odisha, Naveen Patnaik, laid the foundation stone for its new sulphuric acid plant in Paradeep, Orissa Diary reports.

8Oil and gas and metals company Vedanta plans major expansion at Bharat Aluminium Company's (Balco) smelter capacity which will involve an investment of Rs 6,611 crore over the next 18-24 months.