8Oil major Indian Oil Corporation Ltd (IOC) will set up a new research and development (R&D) centre at an outlay of Rs 3,200 crore in Faridabad in Haryana, a senior official said pn Wednesday.

8Asia liquefied natural gas (LNG) spot prices surged by 40% to a record high of over $56 per million British thermal units (mmBtu) on Wednesday, amid a global energy crunch, low gas inventories and mounting supply concerns.

GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost - Rs 48 crore
8Project Event:RFQ for the EPC contractor is likely to be released in Q3 FY 2021
SSP/GSSP Greenfield Project
8Cost - Rs 15 crore
8Project Event: TRFQ for the EPC contractor is likely to be released in December 2021
Go to www.indianfertilizer.com for more

8One sulphuric acid Shipment is arriving on 07 October 2021
8One Rock Phos Shipment is reaching on 14 October 2021
8One Rock Phos Shipment is coming up on 15 October 2021
8One Phos acid Shipment is landing on 15 October 2021

Spot LNG prices have touched $50/mmbtu levels
8These are impossibly high prices

8The government has taken proactive steps to ensure that there is no shortage of fertilizers in the market in the Rabi season
8Find out more on the process that is followed

8There is a tender out for supply of Water Soluble Fertilizers

8Hindustan Zinc Ltd (HZL), the world’s second-largest miner of zinc, lead and silver, will invest $1 billion over the next five years to make its mining operations environment-friendly, chief executive Arun Misra said.

8Asia will embrace natural gas to complement intermittent renewables in the transition to a net-zero carbon future, though a stronger correlation between demand for the two energy sources may fuel volatility in the gas market, panelists at the 10th LNG Producer Consumer Conference said Oct. 5.

A revision in PET resin prices has been announced by Dhunseri Petrochem Lt (ASPET).

Chiripal has announced a revision in its domestic PET resin prices.

PET resin prices have been revised by Reliance Industries Ltd.

Methanol climbed higher in the Ahmedabad market today. 

Formaldehyde prices are slowly increasing in the Ahmedabad market.

A drop in demand has reduced butyl acetate prices at Hazira.

2EHA prices have escalated in the Kandla market, today.

On October 7, 2021, the Kandla market witnessed a rise in BGE prices.

MIBK prices registered a significant fall in the Ahmedabad market today.

Phenol prices have climbed higher in Ahmedabad.

Prices for octanol are declining at Hazira.

MEG prices moved higher today in the Mumbai chemical market.

On October 7, 2021, the Kandla market witnessed a rise in isobutanol prices.

A drop in IPA prices was recorded today at Hazira.

NBA prices registered a fall in the imported market of Kandla.

PP and PE prices have been revised by OPaL.