News & Bulletin Updates

8INR vs USD: Indian Rupee is at one month low in both spot and future markets quoting 74.32 and 74.76 per Dollar respectively. As per currency experts, the decline is due to the soaring crude oil prices fueling global inflation and India's Dollar outgo on oil imports. 

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A rise in imported acrylic prices ws noticed today in the Mumbai polymer market

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On September 30, 2021 imported acrylic prices moved higher in the Delhi polymer market

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Polyamide 6 (M28RC) prices in the Delhi polymer market were quoted higher

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On September 30, 23021 Petrochem sources reported a fall in imported polyamide 6 (E35) prices in the Ahmedabad polymer market

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On September 30, 2021 Petrochem sources reported a fall in polyamide 6 (M28RC) prices in the Ahmedabad polymer market

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8Adani's coal-to-PVC project will not make PVC
8It will make 27 other products in large quantities

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8BASF announces innovations in its chemical catalysts portfolio
8This is of relevance to our audience

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8Get weekly petrochemical prices for Asia here

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8The chemical and petrochemical market provides huge opportunities for both trading and manufacturing in central Asia
8Here is a big opportunity to know more about it, and to network with key stakeholders

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8RIL says that there is a need for government enforcement to ensure recycled plastics gains momentum

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8The production cost of speciality chemicals between China and India seems to have narrowed
8But this has happened not because Indian companies have become more efficient

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8Ultimate Chem India, promoted by Balakrishna Kanakia trades in chemicals as well as petrochemicals
8On its debt, somehow the promoter is not cooperating in getting it rated

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8Acme Chem Ltd is a producer of specialty chemicals, which are used as critical inputs for rubber manufacturing
8And the company's prospect seems to have improved from what it was before the epidemic

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8Andhra Sugars is a diversified chemical company now
8And it gets all-round thumbs up for its performance

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8Nirma, set up by Dr. Karsanbhai K. Patel in 1980, is one of the leading manufacturers of detergents and soaps in India
8And its outlook is nothing but positive for now

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8Merchem Ltd is involved with the manufacturing of speciality rubber chemicals
8And its outlook has improved this year

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Sep 29, 2021: DGH notification

8The DGH has notified the deactivation of ICEs not updated on its site

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Sep 29, 2021: Daily import matrices

Get the updates for
8Daily Chemicals
8Daily Crude
8Daily LNG
8Daily Ammonia
8Daily LPG
8All tankers
8Bulk and dry cargoes
8Port updates

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8The website carries here our weekly outlook for dioctyl phthalate
8Find out how prices are going to behave ahead

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Development drilling in 12 wells are expected soon in the North East
8All the groundwork seems to have been laid

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Movement has been noticed in Haldia Petrochemical Ltd's Cuddolore expansion plan
8RFQs have come out privately

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The petroleum ministry has had an investors' meet for E&P prospects in the North East
8Get the full presentation here

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HOEC is waiting for the rough monsoonal Arabian sea to calm down before it complete the remaining work at its B-80 discovery in western offshore
8The Gujarat market will be catered to by the gas from the field
8The hook up with the ONGC evacuation network has been completed, supplies to start from Q3, 2021-22
Get a complete update here

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8Cost - Rs 300 crore
8Project Event: PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned. RFQ for the EPC contractor is likely to be released in Q3 FY 2021.
Urea Expansion Project

8Cost - Rs 52 crore
8Project Event: The proposal for the term of reference has been granted and a proposal for the environmental clearance has been submitted. RFQ for the LSTK contractor is likely to be released in November 2021.

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