News & Bulletin Updates

8Get the latest rubber prices for Singapore

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8Sabic, Oman’s OQ and Kuwait Petroleum International (KPI) have agreed on a jointly owned petrochemical complex in the Special Economic Zone at Duqm (Sezad), Oman

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8Nova Chemicals Corp., a Canadian materials supplier, has announced that its second Advanced Sclairtech technology (AST2) plant and the third phase of the Corunna cracker expansion project have both attained mechanical completion

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8Saudi Top Trading Co. has inked an agreement with Rabigh Refining and Petrochemical Co., also known as Petro Rabigh, to produce polymer compounds at a US$27 million plastics facility at the Rabigh plastics technology complex

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The launch of Nayara Energy Limited into the petrochemicals market is anticipated.
8A 450 kilotonnes/year polypropylene facility is being built by Nayara at its Vadinar refinery in Gujarat as part of the project's first phase

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8To assist Member exporters to understand how to file their issue RCMCs through the DGFT, a new-normal concept, Chemexcil is organizing a live demo meeting every Friday at 3.30 pm, where a Chemexcil representative will demonstrate the E RCMC procedure step-by-step

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8Weavix, a fellow Wichita company that is positioned as a pioneer in digital transformation across sectors, has announced a US$10 million Series A fundraising round from Koch Disruptive Technologies (KDT), the development and venture arm of Koch Industries, Inc.

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The company is engaged in structural fabrication, erection, installation, plant setup, setting up of coke ovens,
conveyor building, and gas piping work on a turnkey project basis.
8The firm mainly provides its services to the Steel Authority of India Ltd. (Bokaro), Mecon Ltd., Bengal tools Ltd., etc. why is the company shying away? Is the company doing good?

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8Businesses from all industries are taking note of and embracing Industry 4.0 technologies as a result of technological advancements to address business problems and boost productivity to remain competitive
8Specialty and commodity chemicals are on the verge of technology-led growth, but the optimum way to utilize the technologies is still a murky area that requires guidance

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8Plastic Omnium and Rein, a subsidiary of Synergy Group, announced the formation of a joint venture in Shanghai to produce and sell type III and IV2 high-pressure hydrogen storage systems for the Chinese commercial vehicle market

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The companies are exploring collaboration on integrated refining and petrochemical opportunities in China.
8The agreement, which includes a potential crude oil supply and chemicals products offtake, supports Aramco’s role in building a thriving downstream sector in Shandong Province

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8Get here the cotton prices for today

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Today, many low-carbon product alternatives still come at a cost premium, but early movers can secure leadership before cost parity. And this is across the entire product spectrum.
8Here is a 100 percent roadmap on how to pounce on this opportunity
8So here is your opportunity, and it is time for you to jump in
8Also, how do you proliferate a hydrogen network? 
8Further, some of the biggest fossil fuel players have joined up for a clean energy cause

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Carbon footprints are going to be an essential part of information dissemination in the future
8So how does one do a calculation of it
8Here is a how-to-do-it model

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RIL's gas auction is set to take off
8All clarifications have been given

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8India has stepped up its buying of Russian crude oil in January from already record levels of the previous month.

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Another gas field is put into production
8And a gas auction has been called for under a very simple formula

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8This ONGC project saw the winning bidder quote Rs 547 crore

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After what is happening in Morbi, where propane sellers are keeping their prices lower than gas prices, propane price projections have become an important part of the gas sellers' lookout
8Here is an update on how propane prices are likely to behave

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Commodity prices can never be trusted.
8From eliciting the highest prices on record, this particular fertilizer-related commodity is trading a new lows

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A green hydrogen road map is in place for the fertilizer sector.
8In 10 years the industry will change entirely
8And the change will begin to start soon

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NPK Plant Greenfield Project
8Cost: 915 Cr.
8Project Event: L&T has beaten its competitor in this job
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project Event: RFQ for the ammonia storage tank with associated facilities has been re-released, and which bid due date has been extended from 13 Jan 7 Feb 2023, due to a lack of bidders. In the previous RFQ, Vijay Tank Was in the race.

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Jan 16, 2023: Daily import matrices

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8Chemicals

8Crude
8LNG
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update
8Indian Coal Dispatch to different sectors

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Robust demand has lifted carbendazim prices in the Ahmedabad market.

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NPG prices witnessed an increase today.

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