8The website carries here our weekly outlook for IPA
8Find out how prices are going to behave ahead

The EPC business for Sulphur Recovery Units (SRUs) has become commoditized.
8Bigger players are staying away.
8Also the licensing is a messy business in this segment
8There are two active SRU RFQs as of now
8Find out who could be the possible bidders

A special task force has been set up for EPC projects
8And EIL is taking the plunge it seems under the new CMD
8And a bid is to be submitted soon

What is going on with the appointment of directors in IOC?
8The selection process has become tedious and ground rules have been broken
So much so, that the PESB's credibility is now being questioned

Only one bidder has come in for this coal to methanol project
8And project feasibility reports are under preparation for other projects

8Find out how this desi EV ride-hailing company has got funded by a global oil super major

Can a carbon tax drive decarbonization and sustainability agenda?
8Are carbon taxes the right option for India to limit the impact of climate change?
Find out more

8Some petroleum related products have been added to the GST regime

Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
8Project Event: The procurement work is ongoing. Construction has been started in February 2020 and labour and other services are available as per requirement. 77 % of civil work has been completed, the erection of different equipment is ongoing. The company had been selected Jacob as the EPCM contractor, The rescheduled commissioning date has been extended from December 2021 to January 2022
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project 
8Cost - Rs 75 crore
8Project Event: State approval (Concern to establish) is still awaiting evaluation and discussion is ongoing, the approval is likely to be elicited in November 2021 in place of September 2021. The environmental clearance has been elicited in September 2019. RFQ for the contractor is likely to be released in Q3 FY 2021.
Available via www.indianfertilizer.com

8Kribhco adds another layer to last-mile delivery

Beijing has ordered securing of gas at all costs
8So LNG prices have moved to record levels
8And they will stay high, find out more
8Meanwhile, oil could hit $100/bbl, triggering another economic crisis.
8In India too, despite high prices, demand is rising for petroleum products

8One Ammonia shipment is arriving up on 08 October 2021
8One Sulphur shipment is coming up on 08 October 2021
8One Sulphuric acid shipment is reaching on 09 October 2021

8New tender out for DAP imports

8In less than a year and a half, liquefied natural gas (LNG) prices have lurched from record lows to record highs, with the market first reeling from the impact of the pandemic and now unable to keep up with a global recovery in demand.

8After the crude oil surge, global gas prices are expected to soar this year, putting consumers in India at the risk of inflated CNG and PNG rates.

8Oil rose above $78 a barrel on Friday, within sight of this week's three-year high, supported by tight supplies due to OPEC+ supply curbs, recovering demand and a weaker U.S. dollar.

Domestic market sources reported a rise in Kolkata’s dibutyl phthalate prices today.

A significant fall in butyl acrylate monomer prices was noticed in Kandla today.

Market sources reported that butyl acetate prices were reduced in Hazira today.

Fresh styrene monomer prices are announced at Hazira.

Aniline prices have climbed higher in Mumbai.

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

MP Diol prices registered a fall in the imported market of Kandla.

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

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