News & Bulletin Updates

BAM prices in the Kandla market have registered a fall

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Butyl cellosolve prices in the Kandla market have registered a fall today

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A small rise in MEG prices in the Mumbai chemical market was noted on July 23, 2021

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New ethylene dichloride prices were recorded at Pipavav today

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On July 23, 2021, the Kandla market witnessed a rise in NBA prices

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Market sources reported that VAM prices were revised in Hazira today

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A rise in mono chloro benzene is noticed today in Ankleshwar

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New benzene prices have been announced at Vizag

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Prices for DEG have been increased at Hazira

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A fall in PBT moulding prices has been noticed in major domestic hubs.

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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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8Our analysts have formulated an in-depth price outlook of the Indian chemical market
8Get today's complete chemical price matrix here

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8A new facility manufacturing Phenol Formaldehyde Resin, Urea Formaldehyde Resin and Melamine Formaldehyde Resin is coming up
8This unit is coming up in Gujarat 

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8The cost of developing new products is increasing due to many national and international laws imposed on the global chemical industry
8Get into a discussion on what the position is with respect Brazil
8Get into a discussion

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Jul 22, 2021: EXIM data for April

We are carrying here the full export and import performance of chemicals for the month of April for
8Dyes
8Dyes intermediates
8Inorganic chemicals
8Organic chemicals
8Agrochemcials
8Cosmetic and toiletries
8Essential oils
8Castor oil

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8Indian Oil Corporation has drawn up a number of projects involving green hydrogen and fuel cells
8It will also use renewable energy through the grid to power its refineries as far is possible

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ExxonMobile is one of the world's largest oil & gas super majors
8It sells about 5 million barrels per day of petroleum products, through a global network of more than 20,000 retail stations and commercial channels
8ExxonMobil leverages proprietary, industry-leading technology to produce high-value performance products. They are differentiated due to their enhanced properties and the significant value they bring to our customers and end-users
8Find out more about ExxonMobil here

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8DCM Shriram plans to spend Rs 145 crore in fresh ethanol capacity
8Total output will be 320 KLPD

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After setting up exclusive email IDs to handle procurement-related issues that vendors may face, and an open-minded vendors conference attended by the company's top brass, ONGC is taking yet another step to revamp its purchase processes.
8Best practices for hiring of  rigs, helicopters, offshore vessels as well as forthcoming EPC and LSTK contracts are being looked into, and these are likely to be incorporated in forthcoming tenders
Find out what is the next step the company is taking

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8A lot of LNG cargoes that India could not take due to COVID lockdowns or high prices have got diverted out
8And because of strong Asian LNG demand for summer and tight supply, the LNG got absorbed elsewhere without creating much of a problem

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ONGC promised that RFQs will come out for as many as four offshore projects before the current financial year is out.
The projects promised are
8Daman upside development project with 4 wellhead platforms and 1 process platform
8The 5th phase of the NBP field development project
8Cluster 9 marginal field development project
8Ratna process platform project (bridge connected to existing R-12 A platform)
But industry watchers are cynical about how many of them will actually hit the ground. After speaking to a cross-section of people, the website has arrived at a new shortlist

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8Why is ONGC stuck over its tender for two workover rigs in Mumbai High?
8When are the tenders going to open?

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8In this industrial cluster with a huge consumption of gas, the gas pipeline supplier has eliminated all possible competition from alternative fuel sources
8Much to the the discomfiture of the buyers

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ONGC's ambitious 33-well onland programme in the North East is likely to take off soon
8The wells are spread over 5 PMLs in an area of 570 sq kms
8The project cost is nearly Rs 2000 crore

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8Six early production systems are coming up along with attendant facilities
8The operator is GSPC

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