News & Bulletin Updates

8A nationwide competition is on for researchers, post graduate scholars and undergraduate scholars from across the country on 10 important themes
8They are: circular economy, artificial Intelligence, waste to fuels/chemicals, petroleum refining, hydrogen, CO2 capture and conversion. advanced energy storage materials / devices, polymer and petrochemicals, novel separation materials

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8Global butadiene prices have taken a sharp downturn as a supply glut saw demand sink despite ongoing outages in the US

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8Average caustic soda flake and lye prices in Mumbai for Q2FY2022 have risen by 6% q-o-q (up 12% y-o-y) till date and are up by 17% q-o-q

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Get the weekly outlook for:
8Methanol

8MTBE
8Isomer-MX
8Toluene
8Propylene
8Polyethylene
8MEG
8PTA

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8Netmatrix Crop Care Limited (NMCCL, formerly Netmatrix Limited) is a manufacturer of crop-care products, primarily Chlorpyrifos Technical which is the single largest used organophosphate insecticide
8But why is it that it is refusing to get its loans rated?
8Then again, there is Nova Carbons India Ltd which is an Export Oriented Unit under Madras Export Promotion Zone and is engaged in the manufacture of coconut shell based steam activated carbon. It is not getting rated either

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Sep 21, 2021: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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

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

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8The website carries here our weekly outlook for toluene
8Find out how prices are going to behave ahead

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8Find out our weekly analysis, price charts and projections on DOP price movements for the coming week

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L&T has grabbed this order for two storage tanks of 170,000 m3
8But there was a big story behind how it won the deal

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Here is a comprehensive update on a POL terminal with a price tag of Rs 580 crore
8But there are some RFQs, not many, that are still ahead

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Cairn India's Mangala oil field in Rajasthan boasts of the world's largest polymer flooding job
8Now the company wants to do more

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8New jack-up rig job awarded in India

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RFQs are out for the development of well programs for two new horizontal wells
8Capital approval however is still pending with this private sector operator

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There is an uptick in the E&P business these days
8And oil & gas production systems are in demand
8This one is needed on a hire basis

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8Here is this EPC company buying up another smaller EPC company

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8Even as the LOI for EPCM contractors have been awarded in Nagapattinam, the capital approval process for this Rs 28,900 crore refinery is still to be done

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8The take-off that was expected from the Indian economy is not taking place as expected
8Current indicators have recorded a weaker volume performance relative to pre-Covid level and lower than in the earlier months

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8ICT Mumbai has developed a new technology to convert waste into fertilizers
Find out more on how it is done

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A Russian Bank and family connections have helped this fertilizer company get rid of its massive outstanding loans and out of the jaws of the NCLT
8This is one one of the biggest feel-good development in the Indian fertilizer sector this year

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Another LNG cargo a month of additional demand is coming up starting December, according to our sources. a urea-ammonia plant is starting up by then
8And that is good news for the LNG industry that has been reeling under low demand and high prices

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Everyone in India is talking of the next big revolution in LNG, that is LNG for trucks
8But in China demand for truck LNG has fallen after LNG prices shot through the ceiling
8Clearly, nothing is easy when JKM breaches the $25/MMBtu mark with no immediate signs of abatement in prices

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Ammonia-Urea Brownfield Project
8Cost - Rs 8000 crore
8This one has been pending for a while but has now gathered momentum
8And project authorities are saying that RFQs for LEPC contractors are up ahead

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It is now confirmed that the Chhara LNG terminal evacuation will get delayed.
8And it is not because the environment clearance is not available for the 86 km pipeline that will run partly through the Gir forest to connect to the trunk GSPL network
8There are other more troubling reasons for it, the website has found out
Also, by how much will everything get delayed?

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