8According to Union Ministry of Statistics and Programme Implementation, India produced 15,311 petajoules of energy in 2020 of which 81% was derived from fossil fuels such as coal, oil, and natural gas.

MEK prices are rapidly increasing.

On August 26, 2021, trading sources reported a fall in benzene prices in the Mumbai chemical market.

On August 27, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

On August 27, 2021 ABS prices were reported to be unchanged for South Korea, FE Asia, South East Asia, India and NW Europe due to steady demand patterns in the region.

The international crude oil price of Indian Basket was quoted at around $70.33 per barrel on August 27, 2021.

Ethylene Dichloride prices have been revised at Pipavav.

Strong buying sentiments have raised ethyl acetate prices at Ex-Satyam.

On August 27, 2021, Petrochem sources reported a fall in propylene glycol prices in the imported market of Kandla. 

A revision in styrene monomer prices has been announced at Hazira.

A fall in cyclohexane prices in the imported market of Mumbai was noted on August 27, 2021. 

Acetic acid prices moved higher today in the Mumbai chemical market.

8A daily port operation status is carried here

8Get an update of all daily tanker movements into India
8Also get a similar break-up of dry and bulk vessels

A 31,500 tonne phosphoric acid cargo is expected at Kandla
8Another 31,000 is coming in at Kandla on the 29th of July
8Then again, JNPT will see the unloading of a 10,000 tonne cargo on the 11th of September
8Meanwhile, Coromandel is bringing in eight phos and sulphuric acid cargoes within a span of nine days
8Also, IFFCO is importing three sulphuric acid cargoes
8PPL's phosphoric acid shipment is expected on the 1st of September

8Heavy aromatics is being imported
8Arham Pedtrochem is sourcing the cargo out of Shuaiba

There are four shipments unloading at Dahej which are of significance.
8One was unloaded on August 24, and it came in for Petronet LNG Ltd, from Das Island
8Another was offloaded by GAIL from Soyo, brought in from Angola LNG Ltd
8A third one is unloading today for GAIL, brought in by Gunvor Singapore Ltd from Punta Europa terminal
8Yet another cargo is expected immediately on behalf of Petronet LNG from Ras Laffan

The website has documented crude cargoes coming in for RIL at Sikka from the following sources
8Galveston
8Balao
8Bonga
8Ceiba Marine terminal
8Basrah
8Cayo Arcas terminal

Around 69k tonnes of ammonia shipments are heading towards India
8GSFC, IFFCO and Indorama to receive one cargo each
8A cargo of liquid ammonia coming from Mesaieed is arriving at Tuticorin

8A staggering 7 lakh MT of LPG up ahead for delivery at assorted Indian ports
8A total of thirty four shipments to arrive at eleven terminals on different dates
8And this is as of today evening data

Australia intends to significantly improve waste recovery for plastics.
8One mechanism to achieve that is through increased recycling, including the use of advanced recycling technologies 8New policies, such as the plastic waste export ban for mixed plastics (commenced 1 July 2021), 70% of plastic packaging recycled or composted by 2025 and the national action plan of 80% resource recovery rate from all waste streams by 2030 mean Australia must innovate to realise a circular economy for plastics

Around the world today, the storage of liquid fuels and other petrochemicals in enormous volumes is no easy task. For starters, it’s imperative that the storage facilities involved are operating within established specifications and that their as-built designs match original blueprints.
8Traditionally such diagrams were generated via manual measurement necessitating a team of surveyors measuring a facility’s static and non-static assets by hand.
8But with the novel introduction of 3D lasers, the entire technology is now undergoing a dramatic change

8Get weekly updates of key global petrochemical prices here

8Here is a large fertilizer company with a network of rural dealers looking for channel partners to market the products of reputed pesticide companies through its channel partner network
8Turnover last year was Rs 15 crore, the company is looking forward to more tractioning

8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed