Phosphoric Acid & Sulphuric Acid Greenfield Project
 Owner in negotiation for basic engineering package
 Cost Rs 1800 crore
8EPC package will be released later
Rs 200 crore urea energy-saving project
KBR and Tecnimont were involved, COVID had delayed commissioning

8A requirement for sulphur is coming up

Major South Korean producer, LG Chemical, has offered its PVC In India.

The international crude oil price of Indian Basket was quoted at around $74.24 per barrel on June 25, 2021.

Acrylic (imported) prices were assessed lower in the Delhi market today

ABS (MIF45)  prices have drifted down in the Mumbai market

POM (imported) prices are slowly increasing in the Delhi market

ABS (MIF45)  prices were assessed lower in the Delhi market today

The Delhi market recorded low ABS (HI121H) IM prices today

Gas is a big input in petrochemicals, it is the basic feedstock, outside of naptha, for ethylene
8But gas is under increasing attack as it has been found to be as polluting as other fossil fuels, including naptha because of fugitive emissions, and methane emissions are 10 times more polluting than CO2
8There is a now a global trend to bring down CO2 emissions in gas
Find out what is being done

8Get the full industry consumption report for the month for the Indian oil & gas sector
8And this includes important feedstocks needed for petrochemicals

8Around 43 per cent of all plastics used in India is for single use packaging
8To battle this, the government has issued guidelines

8Repsol, Axens and IFPEN have developed a pioneering and patented process to enhance the chemical recycling of plastic waste and boost circular materials production.
8There are a couple of other recycling news which may be of interest
8Emeraude invests in recycled fabric manufacturer DGrade
8Synthos opens EPS recycling facility in the Netherlands
8LyondellBasell, Neste ink long-term renewable feedstock deal

Find out more on why IOC chairman Shrikant Madhav Vaidya works 14-hour days and is in office Saturdays and Sundays as well
8The management structures in IOC has changed dramatically after he assumed chairmanship as well

8Intense lobbying is currently on in the corridors of power over the issue of disqualification of Afcons because of the tragic loss of life during Cyclone TaukTae
Find out more

8OIl India sees to be readying up for work on offshore block KK-OSHP-2018/1 OALP group

8According to GlobalData, India is expected to lead the global urea capacity additions by 2030
8Find out how the Indian market, and the flurry of new urea units, are beginning to rule the global urea industry

8Two of the world's largest companies have joined hands for a blue ammonia production project

Ammonia-V revamp project (Rs 102 crore)
8In the midst of contracting
Completion expected during November 2021 shutdown

At Hazira LNG terminal, the clientele as per today's data available with us is limited to GAIL, GSPC, IOCL, Reliance and Arcelor Mittal Nippon Steel India Ltd
8RIL is now buying gas out of its own fields in KG Basin, and though its demand for gas is high, imports will be curtailed to that extent
8GAIL will no longer ship cargoes via Hazira from August next year when its Dabhol LNG terminal becomes an all-weather port

8A total of 6.71 million tonnes of Crude imports are getting tracked
8Where is this crude coming from?

Around 83 lakh tonnes of chemical imports are up ahead
8RIL has three benzene cargoes lined up

8Find out the cargoes landing up in Ennore in the next few of days
8Who is bringing them in?

The Haldia terminal brings in cargoes for MCPI, Castrol India, Sai Sulphonates and Indorama
Here is an assortment of chemicals coming in:
8Paraxylene
8Methanol
8Phosphoric Acid
8LAB
8Benzene
Read for full details on who is importing how much and their arrival dates

8After RIL, MCPI Pvt Ltd is the largest importer of paraxylene in India
8Find out how much is getting imported and from where
8Find out more about where these shipments are coming from