News & Bulletin Updates

The Haldia Petrochemicals' Cuddalore petrochemical complex is moving ahead
8There has been some recent developments and clarifications

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Green hydrogen can not just meet India's demand but India can also become the largest exporter of hydrogen in the world
8If you believe this is going to be true, or anywhere near the truth, then join this networking event

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8Why is the Shell Hazira terminal down to one client as of now?

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RCF concluded a urea tender
8Prices have shot up
8Find out who bid, what kind of quantities

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Oct 05, 2021: Briefs

8The Fertiliser Act is under review
8Comprehensive review of stocks of fertilizers in India as of now

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Ammonia/Nitric Acid/SOP Greenfield Project
8Cost - Rs 200 crore
8Project Event: The proposal for the term of reference has been granted, and the final EIA report preparation is still ongoing, the proposal for environmental clearance is likely to be submitted at the end of October 2021. RFQ for the local contractor is likely to be released in Q3FY2021.
Ammonia -Urea Maintenance Project 
8Cost - Rs 20 crore
8Project Event: The company is likely to take an annual shutdown in May 2022, RFQ for the maintenance contractor is likely to be released in January 2022.
Go to www.indianfertilizer.com

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Our neighbour Bangladesh paid the highest price for spot LNG ever since the price spiral
8Clearly being cornered by the spot market and being dependent on it has clear disadvantages
8Also, know more on why gas pricing in India makes production a loss-making proposition

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8The race to make blue ammonia is now on
8Japan's Mitsui plans to build $900m blue ammonia plant in Australia
8Know more

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8IFFCO has conducted a successful field trial of spraying of nano urea by drone
8The trial was held in the presence of Union Minister of Chemicals & Fertilisers
Read for more insights into this technology 

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8ONGC Videsh Ltd (OVL), the overseas arm of domestic petroleum explorer Oil and Natural Gas Corporation (ONGC), announced Sanjeev Tokhi has taken over as the new Director (Exploration) of the company with effect from 4 October 2021.

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8Gas price hikes will significantly raise earnings prospects for ONGC and Oil India while adding another pillar to the earnings upgrade cycle for Reliance Industries, said Morgan Stanley.

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8The 62% increase in natural gas prices by the government will boost profitability of Indian upstream companies and support their investment spending, says Fitch Ratings.

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8As the world's third-largest oil importer and consumer, India is running out of options as the relentless surge in international oil prices make it imperative to pass them on to consumers, officials said Monday.

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8The clear blue skies over the national capital may go dark soon with dust and smoke as the stubble burning season nears.

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8Fertilisers shares closed higher in the Monday's session.

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Petrochem sources in Mumbai have reported a huge rise in acetonitrile prices.

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Phthalic anhydride prices were quoted lower in the Kolkata chemical market today.

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An increase in ortho-xylene prices has been noted in Delhi today.

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Octanol prices were assessed lower in the Kandla market.

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Petrochem sources in Kandla have reported a rise in MIBK prices.

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A significant fall in cyclohexane prices was noticed in Mumbai today.

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MEK prices registered a significant fall  in the Mumbai market today.

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A drop in octanol prices was recorded today at Hazira.

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Fresh cyclohexane prices are announced at Hazira.

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Butyl cellosolve prices registered a sharp fall in the imported market of Kandla. 

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