News & Bulletin Updates

8There is an exercise going on to identify areas in the chemical and petrochemical sector where exports can go up substantially
8Do you want to contribute to it?

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8Japan's largest benzene producer, ENEOS Corporation, concluded its July Contract Price for benzene at $1,040/mt CFR Asia,,up $70/mt from its June settlement of $970/mt CFR Asia

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8There is a whole online workshop series on "Circular plastic use and how to close the loop".
8Would you like to participate?

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8Clariant has tied up with India Glycols for renewable ethylene oxide
8This is the route to follow for other companies too

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8SPIC posted a reasonable net profit despite the pandemic
8This is even though sales were significantly lower

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8A tender is out for supply of as much as 24 crore litres of ethanol
8This supply is for public sector oil marketing companies

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8We cover a detailed coverage of petrochemical prices
8Catch here the full petrochemical price matrix for the day

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8There some arrival updates on fertilizers
8This is as of today's evening data

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Paradip cargo movements are erratic and there is often a waiting of two of three vessels at a time but that is not the case, going by yesterday's data
8There is one at berth, two are waiting and another two are expected
8In all, cargoes for Paradip are coming in from:
Dammam
Akpo
Basrah
Ras Tundra
Agbami

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Our LNG data continues to show that only two of India's six LNG terminals have cargoes unloading
8Here again, at Dahej, for example, two cargoes, one for PLL and the other for Arcelor Mittal Nippon Steel, are unloading in twin berths, with the shipments coming in from Ras Laffan and Lake Charles
8Interestingly, as prices stay high, one 145000 cubic meter cargo coming in from Bonny was canceled

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Crude, LNG, natural gas, and ethane are the four main feedstocks for RIL's mega refineries
8Of the four types, one ethane cargo is coming in from Houston, with 46,000 tonnes of ethane, and landing at Dahej on the 8th of this month

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8A small cargo of crude glycol is expected at Pipavav
8Find out the quantity

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8Reliance is shipping in a cargo of cyclohexane
8It will unload at Hazira

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8An EDC cargo is currently berthing at Hazira 
8It is a big cargo of around 15000 tonnes

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8A caustic soda shipment is coming from Kashima
8It is being imported by NALCO

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8Himadri Speciality is importing a CBFS cargo
8The landing port is Haldia

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8A mixed chemical cargo is coming from Thailand
8Find out who the importer is

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8Indorama's phosphoric acid cargo s expected today
8Around 9000 tonnes is the cargo weight

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The Haldia Petrochemicals Ltd's petrochemical venture at Cuddalore has many imponderables
8But contractors are willing to play along for now
8Why is that so?

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Crown LNG has an ambitious 7.2 MMTPA LNG unit coming up at Kakinada offshore
8But the company is not putting the cart before the horse yet
8And setting up a terminal may not be all the simple, after all, though the engineering concept for an east coast terminal is strong
8What is the biggest problem that can delay the project?

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8GAIL (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants as it steps up efforts to expand the business beyond natural gas.

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GAIL's search for an E&P PMC for one its oil blocks has come to an end
8Expect new business development RFQs ahead

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We had said earlier that ISGEC as a company is a doughty fighter as was evident from how it was able to come out L-1 from out of a long list of bidders for the SRU unit in Barauni
8But ISGEC can also be on very thin ground
Find out more

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On July 2, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

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The international crude oil price of Indian Basket was quoted at around $74.75 per barrel on July 2, 2021.

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