8A team of Indian scientists have developed an environmentally friendly, non-toxic, biodegradable polymer using guar gum and chitosan, both of which are polysaccharides extracted from guar beans and shells of crab and shrimps
8And the government is pushing this case
8Maybe there is a business opportunity here?

8SK Innovation’s Ulsan Complex will be the first in South Korea to introduce pyrolysis oil as feedstock material for refinery/petrochemical processing.
8Aside from its innovative approach as a solution to waste plastics, what makes this advancement more striking is that it was the fruit of the concerted public-private cooperation in building a circular economy for plastic wastes

8There is a move to make carbon neutral hydrogen for refineries
8Oil refining was the single largest consumer of hydrogen in 2020 (close to 40 Mt H2)
8Refineries use hydrogen to remove impurities (especially sulphur) and to upgrade heavy oil fractions into lighter products
8Get a list of ongoing projects in this segment

8RIL announces roll over in its PVC prices

8Aarti Industries have been elicited a lot of favourable press and glowing reviews from analysts
8Here is one more review

8Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, is proud to partner with Plastship by offering CirKular+ performance enhancement and compatibilization additives on Plastship Additives Selector platform
8Plastship, a leading European platform for recyclate procurement, is a subsidiary of RIGK GmbH, a German recycling scheme operator with more than 25 years of experience in plastics recycling

8160 TMT/annum of sulphur is now available indigenously for sale
8Anyone interested?

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8The website carries here our weekly outlook for styrene monomer
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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

High spot prices have meant the death of spot cargoes.
8And a look at today's excel sheet for LNG cargoes shows that the list is the shortest ever in a very long time
8With cargoes shifting from both Hazira and Dahej, these terminals are now running at lower than full capacity, it will seem
8The Kochi, Ennore and Mundra terminals in any case are running sub-optimally
8And it looks like the tight LNG market will persist until the beginning of summer if not more
Click on Reports for the shortened list of upcoming LNG cargoes.

In the midst of this tight market, extra demand for four cargoes of LNG per month is coming up starting in deep winters in India
8Hopefully both the buyers of this gas and the supplier will be able to maintain a reasonable price line

IGX is claiming to be selling gas at 20% lower than prevailing spot benchmarks
8And it says gas volumes have gone up too
The reason for the differential is the high prevailing spot prices, and it remains a moot point how much differential IGX can provide when prices start pushing lower.

There was a big gas tender for as much as 23.5 TBU of gas
8Buyer forced to a corner by higher prices
Find out who won this tender

Ammonium Nitrate Melt Greenfield Project
8Cost - Rs 88 crore
8Project Event: The Letter of bid invitation for the LSTK contractor is out and the bid due date has been extended from 27 August TO 14 October 2021 and the scope of work is  process license, basic design, detailed engineering, HAZOP studies and implementation of its recommendation, procurement, and supply of all equipment, etc.
NPK-SSP & Sulphuric Acid Expansion Project 
8Cost - Rs 15 crore
8Project Event: The environmental clearance has been elicited in February 2021, the company is talking with a different local contractor, the final RFQ for the local contractor is likely to be released in November in place of October 2021 due to the lack of funds. The company has applied for the loan which is likely to be granted at the end of October 2021.
Update via www.indianfertilizer.com

One Rock Phosphate shipment is reaching on 11 October 2021.
8One MOP shipment is coming up on 11 October 2021
8One DAP Phosphate shipment is arriving on 11 October 2021
8One Phos acid shipment is coming up on 11 October 2021

The fertilizer gas tender for a massive 23.5 TBU of gas has closed
8Find out who won what

8UAE's national oil company ADNOC and OCI are planning an initial public offering of the Fertiglobe joint venture.
8Find out more

8A white prilled urea tender is live

8Reliance Industries Limited (RIL) has planned to transform its energy business with an over-arching strategy to offer decarbonisation solutions globally at a competitive price (similar to its existing energy portfolio) in a market potentially worth $5 trillion by 2030, Morgan Stanley said in a report.

8Billionaire Mukesh Ambani's Reliance Industries Ltd plans to transform its energy business with an over-arching strategy to offer decarbonisation solutions globally at a competitive price in a market potentially worth USD 5 trillion by 2030, Morgan Stanley said. Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy.

8For the first time, Rourkela Steel Plant (RSP), a unit of SAIL, directly dealt with sale of products by participating in tender processes and supplied around 3,000 tonne of pipes of special grade to petroleum companies, IOCL and BPCL, for their use, an official said.

8Sellers of liquefied natural gas (LNG) are asking for credit letters from companies they deal with to guarantee they can pay as the global spike in gas prices takes them beyond their credit limits, industry sources said.