News & Bulletin Updates

On June 11, 2021, the Kandla market witnessed a rise in MP diol prices.

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A cut in DEG prices has been announced at Hazira.

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The current demand for PVC in the domestic market has moved down.

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8Find out why European chemical companies are better prepared than the rest of the world to take on a green future
8What is it that they are doing differently

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Chemical recycling is easy to speak of
8But how is it in practice?
8This is what this company wants to teach you

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8BPCL wants to set up a 50,000 tonne per year super absorbent polymer plant
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Mysore Petro Chemicals seem to face a bleak future
8As of now, the company is deep in the red

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Now that sanctions are likely to be lifted against Iran, the country is back in business.
8How should India and Indian chemical companies negotiate back their leverage?

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8There is a bio-naphtha market which is growing
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Suraj Logistix Pvt Ltd is a company headed by the Jamshedpur-based Khemani family.
8The company manufactures PVC pipes and fittings, water tanks and accessories, PP bags and laminated PP bags
8And in these difficult times, it is doing well

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A producer from Thailand has offered its Acetone in India.

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A Taiwanese producer has offered its MEK in India.

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A major Japanese producer is heard to have offered its methylene chloride in India.

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A major producer from Saudi Arabia is heard to have offered its VAM in India.

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8Our chemical import tracker shows 72 lakh tonnes of assorted chemicals headed towards Indian ports
8Get the full looking-ahead import matrix here

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Adani Total Pvt Ltd has ordered a full cargo of LNG
8It is landing in Dahej next week
8Clearly, all of it in on go is not for in-house use, it is marketing the gas as well
8Meanwhile, our data shows there are two cargoes coming into Cochin, one from Soyo and another from Ingleside. This is raising eyebrows on what PLL is up to here, under a new IOC-trained MD, unless our data is wrong

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Nayara Energy has a judicious mix of crude coming at the Vadinar port for its refinery. One lot is being shipped by a combination of Jadco, Adnoc and Korea Gas from Fujairah
8Another from Petrobrass (Buzios)
8And a third cargo from Andes Petroleum Company (Balao)
8Clearly, the company, given that it is half owned by Trafigura, is quite adventurous with its crude sourcing

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8What is the latest on the Karaikal LNG project bidding process
8Bid were submitted long back but nothing has been heard since from the promoters
8Click on Details for more, as six bidders wait on the sidelines

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The glass either half empty of half full, it depends on how you look at it
8At a time when all but one LNG terminal in India is running at full capacity, here is a new 7.2 MMTPA terminal coming up

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As BPCL gets ready for divestment
8Here is a full update on the company

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For project planners, even as the energy transformation speeds up EIL has estimated Indian refining capacity requirement to be much more than what has been planned
8Also, there will be scope for 15 world class petrochemicals plants to come up

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Why do engineering consultancy companies find it very hard to move to an EPC format?
8Reason is returns are much higher in engineering than in turnkey projects
8Find out how one of the largest engineering companies in India fared in terms of returns on engineering and turnkey projects over the last five years

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For project planners, even as the energy transformation speeds up EIL has estimated Indian refining capacity requirement to be much more than what has been planned
8Also, there will be scope for 15 world class petrochemicals plants to come up

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8There are always circulars floating around to minimize nomination contracts
Here is one more

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8The CCEA has approved amendments to the new investment policy to fit in a new ammonia-urea plant

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