News & Bulletin Updates

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

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

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Acetic acid prices registered a significant fall in the Mumbai market today.

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Tight supply coupled with high demand has raised SM prices in the Mumbai market.

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A rise in IPA prices was recorded today at Hazira.

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8The chemical industry did well during COVID-19
8Find out how the mergers and acquisitions market has evolved during the year
8Also, if you are looking for mergers or buying or selling of businesses, find out where to go

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8A Butene-1 and 2nd Stage Hydrogenation of Pyrolysis Gasoline plant at Dibrugarh, Assam at a project cost of Rs 386 crores
8An EPCM has been appointed, and the process for selection of licensors is in progress
Environment clearance for both the projects has been received and site enabling works have also commenced

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8Despite the epidemic, Brahmaputra Crackers Ltd  posted a 106% capacity utilization
8The owner of the company is GAIL and when during the lockdown, GAIL's Pata plant shut down, the Brahmaputra's cracker complex kept running

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8The government announced the Scheme Guidelines and rates for the Remission of Duties and Taxes on Exported Products (RoDTEP) on 17th August 2021
8HS Codes under Chapters 24 to 31 were excluded from the list. The government later explained that sectors that are performing reasonably well have been excluded from the RoDTEP scheme
8The Merchandise Exports from India Scheme (MEIS) had to be discontinued following objections raised by USA that the scheme was incompatible and violative of international trade norms of WTO
8The government decided to discontinue MEIS and announced the WTO-compliant RoDTEP scheme to replace it
8But there is all round disappointment over the new scheme

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8The caustic-chlorine industry in India witnessed a cyclical downturn after H1FY20, which was further exacerbated during FY21 owing to the COVID-19 pandemic-related contraction in demand from major end-use industries
8But the outlook has brightened

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8ExxonMobil and Rosneft have signed a Memorandum of Understanding to cooperate on the assessment of lower-carbon technologies to reduce greenhouse gas emissions from their operations
8The companies will consider the prospects of new projects initially focused on carbon capture and storage (CCS) and the development of lower-carbon fuels, such as hydrogen and ammonia
8The MOU continues the cooperation between the two companies and signals their intent to jointly develop and implement lower-carbon projects, as well as exchange their respective experience and technological solutions in promising areas

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8The change in climatic conditions is going to impact agricultural productivity in a huge way. It will manifest in terms of rise in temperature, humidity, and precipitation, says Dr. Ashok Dalwai, Chief Executive Officer, National Rainfed Authority of India, Ministry of Agriculture and Farmers’ Welfare

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8Manali Petrochemical Ltd (MPL) and Econic Technologies have entered into a Memorandum of Understanding (MoU) for introducing a more environment friendly, CO2 containing polyols, into the $28 bn global polyols market

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Crystal Quinone Private Limited: manufactures a range of vinyl sulphones, dyes and pigment intermediates, and antioxidants
8The company has three manufacturing facilities at GIDC Vatva, Ahmedabad. It has a total installed production capacity of 900 MT of organic chemicals and 1,500 MT of inorganic chemicals
8The company seems to be doing well

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8Hy-Gro Chemicals Pharmtek Pvt. Ltd for APIs, advanced intermediates and fine chemicals
8Its product profile and customer base are growing

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Time Technoplast Ltd is a manufacturer of polymer products in India, as well as in the Asia and the MENA regions
8It has operations in 21 locations across India and 10 locations overseas
8It has overseas footprints in the UAE, Bahrain, Egypt, Saudi Arabia, Indonesia, Malaysia, Thailand, Taiwan, Vietnam and the US
8It seems to galloping ahead
Get a full update here

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8Get a full history of Sumitomo Chemicals, one of the largest chemical companies in the world
8Find out how it looks at the future

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India imports a wide variety of chemicals
8And as of today evening we are tracking 7.62 lakh MT of chemical imports
8Know more about all the chemical imports coming in the next few days

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8The website is tracking 7.6 million tonnes of crude imports into India as of the moment at different arrival ports
8Where is this crude coming from?
8Who is importing them and in what quantities?

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8Our latest as of today evening data shows that four LNG cargoes are now lined up at Dabhol
8As far as cargo intensity goes as per available port data, Dabhol is already the second busiest terminal after Dahej

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8A comprehensive update on crew change and port status is carried here
8Get the latest update here

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8Get an update of all of dry and bulk vessels arriving into India
8A comprehensive port wise data is carried here

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8Here is a daily update on tankers that are bringing in assorted chemicals into India
8Data is available on nearly a 100 shipments

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Around 92k tonnes of ammonia shipments are heading towards India
8IFFCO to receive one cargo on October 8
8One cargoe of liquid ammonia up ahead for Coromandel International
8MCF to receive a 3500 MT cargo from Mesaieed

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87.37 lakh MT of LPG up ahead for delivery at assorted Indian ports
8Get the latest LPG shipments into the country spread over the next few days

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