News & Bulletin Updates

Nayara has a large refinery
8And it has a gas consumption of gas
8And it is looking at a fully dedicated pipeline only from the gas fields of Cairn India, and so is its supplier

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8L&T is doing some serious introspection going on about its downstream business
Find out why

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Virtual pipeline owners and those planning to set up a LNG dispensation stations along highways or elsewhere are having a tough time.
8And they are now trying out new possibilities.
Find out why that is so.

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Bangladesh shuts in an LNG sale
8But at a high price

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Sulphuric Acid and Captive Power Unit Expansion Project
8Cost - Rs 300 crore
8Project Event: The project is still awaiting environmental clearance, the public hearing is likely to be completed in August 2021, RFQ for the PMC contractor is likely to be released in September 2021.
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost - Rs 48 crore
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. proposal for environmental clearance is likely to be submitted in July 2021. RFQ for the EPC contractor is likely to be released in August 2021

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There were few takers for the job of an MD for Brahmaputra Valley Fertilizer Corporation Ltd
8Is it because the head office is in Namrup, a remote town in Upper Assam?
8Eventually, one had to be selected
8This job is important as the company will soon undertake a Rs 6000 crore ammonia-urea expansion project, once a cross-country gas pipeline goes all the way to Namrup

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8Are India's plans to become self-sufficient in Phosphatic Fertilisers realistic?
8By when will self-sufficiency be induced, if at all?
8What is the government's plan of action on this subject?

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Jun 29, 2021: Focus on Africa

8The time has come to expand fertilizer manufacturing across Africa
8According to GlobalData, Nigeria is in the third position with countries, like Iran and India that will lead the global urea capacity growth by 2030

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8Why the EU’s targeted sanctions on Belarus potash exports won’t work
8Know more

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The Ahmedabad market recorded low VAM (imported repack) prices today.

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On June 29, 2021, ethyl acetate prices fell in the imported market of Chennai.

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A fall in dioctyl phthalate prices in the domestic market of Chennai was noticed on June 29, 2021.

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Cyclohexane prices were assessed lower in the Ahmedabad market today.

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On June 29, 2021, ethyl acetate prices moved down in the imported market of Ahmedabad.

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VAM prices have increased in Delhi.

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APM prices have bottomed out no doubt
8But this player believes it will rise by 50-60% in the next revision (i.e. starting Oct’21) on its current base of USD1.79/mmbtu

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A cut in ethyl acetate prices has been noted in Kolkata today.

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Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $74.19 per barrel on June 29, 2021.

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A producer from Saudi Arabia is heard to have offered its HDPE and LLDPE in India.

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A producer from Saudi Arabia is heard to have offered its ABS in India.

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The Chennai chemical market saw a rise in phenol prices today.

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On June 29, 2021, MIBK prices registered a rise in the Chennai market.

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MMA prices are slowly increasing in the Mumbai chemical market.

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MEG (imported tanker load) prices have drifted down in the Mumbai market. 

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