News & Bulletin Updates

8The Union pre-budget exercise is already on
8Would you have a suggestion for the chemical and petrochemical sector?

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8A private equity fund is looking at acquisitions
8It is focused on the chemical sector

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8The value of the rupee against foreign currency has an inordinate influence on chemical and petrochemical producers given the segments huge exposure to the foreign trade
8There is a webinar coming up
8Would you like to join in?

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8Norwegian electrolyzer company HydrogenPro has received an order from Mitsubishi Power for what the company says is the world's largest single stack high-pressure alkaline electrolyzer system
8This likely to fire up the hydrogen market like never before

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8Polysilicon prices rose by 175% between January and mid-June 2021
8And since it is a vital ingredient in a solar panel, it is likely to get more expensive now

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Himadri Speciality Chemical is an integrated manufacturer of various carbon-based products starting from coal tar. The company operates a 5,00,000-MTPA coal tar distillation unit in West Bengal. Various distillates of the plant are used to manufacture coal tar pitch (CTP), various types of carbon blacks (CB), sodium naphthalene formaldehyde (SNF) and other advanced carbon-based materials.
8But why does it suffer from a negative rating?

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8INEOS Styrolution has joined the U.S. Plastics Pact in their support for collaborative, solution-driven initiatives intended to drive significant system change in the design, use, and reuse of plastics

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8Indo Rama has expressed its intend to get into newer kinds of chemical production
8Find out more on where it wants to go

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8Find out how much Gulshan Polyols Ltd is paying its Chief Executive Officer
8The company posted revenues of Rs 760 crore last year

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8The Built, Own and Operate (BOO) model for gas processing systems are now in vogue in the oil & gas fields
8Here is an example

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Awards for best performance is an important motivator for those who work in the oil & gas industry.
8If you want to be known as the best EPC company in India, for example, you have to apply for that nomination
8As well as for best refinery, best digitally advanced company, innovator of the year etc

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What is on everyone's mind now is when will the COVID-19 pandemic actually end?
8When will normalcy, as we know it, return?
8What kind of a timeline are we talking about here?
8This is important for businesses to know

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8What is the prognosis on CGD companies now that there is consensus that domestic gas prices will go up by 50-60% from October?

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Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: The internal discussion is still ongoing as well as studies on the technical specification, RFQ for the LSTK contractor is likely to be re-released in September 2021.
Phosphoric acid Expansion Project
8Cost - Rs 130 crore
8Project Event: 30 % of construction work has been completed, erection of equipment is ongoing, all the long lead items have not reached the site. The commissioning is likely to be completed in December 2022

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India's ambitions for oil and gas are clearly out of tune with climate change projections.
8If the world was to keep temperature rise at 1.5 degree centigrade, oil and gas production from India's sedimentary basins will have to drop sharply.
8While these projections may appear laughable at this moment, long term planners in oil companies must keep them in mind.
8For, there is no guarantee that the situation will not come to such a pass that eventually governments will not succumb to climate change pressures.
8That India may find an escape route while other countries will have to fall in line with climate change targets, like arguing on the lines of proportionality in terms of average per capita consumption or production, maybe nothing but wishful thinking.

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8Oman signs land agreement with India's ACME for a $2.5bn green hydrogen and ammonia project
8Know where

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The Perform, Achieve and Trade (PAT) is translated into tradable instruments called Energy Savings Certificates (ESCerts).
8Find out how the fertilizer industry is faring

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8KRIBHCO gets a fresh rating

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8There is a tender out for supply of Phosphoric Acid

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8India's crude oil production continued its declining trend, falling by over 3 per cent in July as state-owned ONGC produced less than the target.

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8China's Sinopec Corp said on Tuesday it has completed adding two new tanks for liquefied natural gas at its receiving terminal in the eastern province of Shandong, two months ahead of the winter heating season starting mid-October.

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8The Shell-led Crux offshore gas project in Australia is preparing to evaluate proposals for the execution phase of the development in preparation for a final investment decision, according to a joint venture partner.

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8Deepak Nitrite Ltd's stock has grown three folds in the last one year and remains in the spotlight with rising prices of key chemicals. Supply disruption for phenol and acetone in Asia recently has meant a further rise in realisations and thereby better prospects for the company.

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8Renewable energy startup Ohmium International through its Indian subsidiary has launched India’s first Green Hydrogen Electrolyzer Gigafactory at Bengaluru.

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8A weekly outlook for butyl acetate is carried here
8Find out how prices are going to behave in the coming week

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