News & Bulletin Updates

8The world has started pushing green hydrogen production now.
811GW of green hydrogen production capacity has been pledged by 2030 through the H2Zero initiative.
8Know more

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8The government on Wednesday hiked the price of ethanol extracted from sugarcane for blending in petrol by up to Rs 1.47 per litre for 2021-22 marketing year starting December, as part of its target to achieve 20 per cent doping by 2025. Higher mixing of ethanol in petrol will help cut India its oil import bill and also benefit sugar cane farmers as well as sugar mills.

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8Independent refiners in China boosted imports of oil from Iran between August and October, attracted by the cheaper Iranian crude despite the risk of running afoul of U.S. sanctions.

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8India's top gas importer Petronet LNG will seek higher volumes at better prices from Qatar Gas during negotiations for an extension of its long-term liquefied natural gas (LNG) deal beyond 2028, its head of finance said on Wednesday.

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8Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs amid a broader surge in inflation.

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8Sri Lanka is now tasting, for the first time, China’s latest weapon in its armory - wolf diplomacy.

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On November 11, 2021, trading sources reported a fall in styrene monomer prices in the Delhi chemical market.

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On November 11, 2021 NPAC prices continued to rise sharply at Kandla.

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Nov 11, 2021: C9 prices on the rise

C9 Solvent prices have escalated in the Delhi market today.

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Butyl acetate climbed higher in Hazira port, today.

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A revision in NBA prices has been announced at Hazira.

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A revision in benzene prices has been announced at Vizag.

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Nov 11, 2021: MMA at reduced rates

On November 11, 2021, Petrochem sources reported a fall in MMA prices in the imported market of Mumbai.

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

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MEK prices witnessed a fall in the Mumbai market today.

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VAM prices were quoted higher in the Mumbai market, today.

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Petrochem sources in Kandla have reported a significant lift in IPA prices.

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Market sources reported a cut in DEG prices at Hazira today.

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Prices for cyclohexanone have been announced at Hazira, today.

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An increase in hexane prices has been noted in Kandla today.

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Market sources reported a cut in methanol prices in Mumbai today. 

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On November 11, 2021, acrylonitrile prices moved down in the imported market of Mumbai.

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High aniline prices were reported in Mumbai today.

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8Why are companies like ExxonMobil committing mult-billion dollar investments in China and not in India?

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8Gujarat Alkalies and Chemicals Limited (GACL) has posted net profit of Rs. 74.57 crores for the quarter ended September 30, 2021 as against net profit of Rs. 63.12 crores for the quarter ended June 30, 2021. It posted a net profit of Rs.66.05 crores for the quarter ended September 30, 2020

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