News & Bulletin Updates

8Here is an international conference in which India is always a strong presence

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8Escalating prices of chemicals and petrochemicals have seen some downward pressure in India after the second surge in the COVID epidemic
8Find out more on what is going on

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8Coromandel International's profits cooled in Q-4
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8Goaded by the government, RIL has quickly ramped up oxygen production at Jamnagar
8It was clearly a heroic effort supervised by Mukesh Abmani

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8High temperature corrosion issues in the chemical and petrochemical industries
8How to deal with them?

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8Big fire in Iranian petrochemical plant
8Was it a sabotage in some form?

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8For those who are interested, here is a 2021 Global chemical industry mergers and acquisitions outlook

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8Department of Food and Public Distribution (DFPD) has accorded in principal approval for interest subvention scheme to 422 proposals with a capacity of 1,684 crore ltrs for a loan amount of Rs. 42,000 crores
8The proposal are to make ethanol from grains

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8A new “Centre of Excellence for Sustainable Polymers” is being set up

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8Find out what drives the financials of the company

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8Get here our daily multi-grade, multi-city price list for petrochemicals

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8Catch here the most accurate chemical prices as of today

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8There has been an accident of sorts in Dabhol. Nothing serious but eventful nevertheless
8Time to shut down the terminal, we guess, as the seas are getting rougher
8Hazira has three cargoes lined up for the rest of the month

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May 04, 2021: Crude cargo diverted

Crude cargoes are moving at normal levels
8There is one diversion by Hindustan Mittal Energy, reason not known, but that is quite unusual, possibly a tank-full situation.
8No waiting seen at ports

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8A 400 people rationalization has just been conducted by an oil & gas major
8And in the middle of COVID, it has been a painful experience for all

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8Petronet LNG is venturing into an area that does not have a future
8Why is it doing so then?

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In another very large downstream tender, we found rank outsiders outsmarting established players
8This is an interesting trend, and is likely to gain momentum to weeks and months ahead
8It is a great time also for global engineering majors who seem to have got left out of the game, and they can crawl back and mark some space for themselves with these aggressive new players
8Or even with bumbling elephants like BHEL

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Established players such as Technip, L&T and Petrofac, McDermott, among others will have to look out for these new players lest they run away with all the projects
8Bids have to be more finely attuned given the new players' proclivity to aim low

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8IFFCO subsidiary IFFCO Bazar seems to be doing well

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8JNPT port will see an assorted range of chemicals coming in over the next few days
8And these will include: acetic acid, styrene monomer, base oil, LAB and MDC among others

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8A sulphuric acid cargo is berthing at Kakinada
8Find out from the where the material is coming from

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8A chemical shipment sourced from Rayong is arriving tomorrow
8The landing port is Vizag

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8A cargo of butyl acrylate is being shipped in by BASF Petronas
8The material is coming from Kuantan

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8There are several phosphoric acid shipments landing up in India
8Find out who is bringing them in

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8joint cargo of EDC and methanol is expected tomorrow
8Tonnage: 7000 tonnes

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