News & Bulletin Updates

When does the Barauni ammonia-urea plant built by the L&T-Technip combine start up?
8Our estimate is next year but when?
8There will be a demand for an extra 2.4 mmscmd of gas then

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8Green ammonia is the first e-chemical or e-fule that is cost competitive with the fossil solutions of the present, indicating that the other e-fuels and e-chemicals will follow in the near term to midterm
8Meanwhile, round-the-clock renewable and hybrid renewable bids are elicited prices well under Rs 3/kwhn
8We also have some additional inputs on renewable power to keep everything in perspective

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8IREDA has signed a MoU with BVFCL for providing its techno-financial expertise in developing Renewable energy, Green Hydrogen, Green Ammonia, Energy Efficiency and other conservation projects

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8Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant.

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8Rajasthan Chief Minister Ashok Gehlot on Sunday demanded from the Centre to give a grant to oil companies to address their financial needs instead of letting fuel prices increase, which puts pressure on the public.

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8Petrol and diesel prices will be reduced only if the current drop in international oil prices is sustained for a few more days, as domestic retail prices are fixed on a 15-day rolling average, official sources said.

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8India plans to increase 2021-22 fertilizer subsidies to a record of more than 1.55 trillion Rupees ($20.64 billion) ($1 = 75.1080 Indian Rupees) to avoid shortages amid a sharp increase in global prices of the chemicals, sources familiar with the issue said.

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8The Heartland Greenway carbon capture and sequestration (CCS) pipeline, a 1,300-mile system that would traverse five Midwestern states, has snagged a top Iowa fertilizer company as a customer, according to Navigator CO2 Ventures LLC.

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On December 1, 2021, Petrochem sources confirmed that formaldehyde prices had slipped in the Ahmedabad market.

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Styrene Monomer prices have escalated in the Ahmedabad market, today.

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Market sources reported a marginal fall in butyl cellosolve prices at Kandla today.

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PVC resin prices have been revised by RIL.

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PP and PE prices have been cut by HPL.

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Dec 01, 2021: RIL revises PE prices

RIL has announced a revision in PE prices.

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A revision in PP and PE prices has been announced by IOCL.

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A huge cut in PVC resin prices has been announced by Chemplast.

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Dec 01, 2021: MRPL lowers PP prices

A reduction in PP prices has been announced by MRPL.

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OPal has reduced PP and PE prices.

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BAM prices are slowly increasing in the Kandla market.

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Prices for VAM have been reduced at Hazira.

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

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Octanol prices have moved down at Hazira.

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On Dec 1, 2021, trading sources reported a fall in toluene prices in the Mumbai chemical market.

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MP diol prices were quoted lower in the Kandla chemical market today.

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High MIBK prices were recorded at Kandla today.

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