News & Bulletin Updates

8We are currently tracking 8.8 million tonnes of crude imports

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8RIL is a successful user of ethane -- it is one of the largest importers from the US with its own captive fleet -- in its petrochemical complexes
8Not others want to emulate this example

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8Acetone and phenol anti-dumping duty has shaken up the Indian industry
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8The petrochemical market is on a really wild ride
8Look at ethylene-naphtha spreads?
8They have doubled in two weeks

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8China's appetite for petrochemicals is growing every day
8From 15% of total demand in 2000 it is now 40% and growing
Find out how China will end up with more growth in this segment than ever before

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8A Production Linked Incentive Scheme for the petrochemical system in coming soon

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8Is hiring the right people a big problem for you in the petrochemical industry?
8Well, here is your solution

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8The downstream plastic industry is under threat because of rising raw material costs
8But that is true not just in India but all over the world

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8RCPL integrated backwards to manufacture silicone-based textile finishing chemicals
It also manufactures organic finishing agents, lubricants, enzymes and softeners for the textile industry. Over the years, RCPL has diversified its product range to include performance chemicals for industries like leather, rubber and plastics, construction, pharmaceutical, paper, agriculture, personal care and cosmetics, and car-care (under the brand name ‘Vista’).
Find out more on what the company is up to and what the future looks like

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8This state government is completely restructuring its excise officers cadre
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8There is a tariff revision in Mundra Port

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8The deepwater E&P segment is going to see a huge revival over the next five years
8Find out why

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Mar 08: 8Payments to offshore vessels hired outside India from a non-resident (for global usage) would be taxable in India under section 44BB, to the extent they are utilised for prospecting mineral oil in India.
8This is an important ruling

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This is a global offshore rig player with a big exposure to India
8And it claims the future has just arrived

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Plastic waste takes years to decompose and harms the environment severely. For years, efforts have been made to recycle plastic to minimise harm and environmental degradation. In a similar attempt, a plant has been constructed in Uttar Pradesh that converts plastic waste to fuel.

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8One Rock Phos shipment is coming up on 10 March 2021
8Two Sulphur shipment is coming up on  11 & 12 March 2021
8One Phos acid shipment is coming up on 24 March 2021

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There was a lot of hype over trading of gas in India
8But has it come to much?
8What does the data shows

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SSP-Sulphuric Acid & NPK Fertilizer Expansion Project  
8Cost - Rs 75 crore
Single/Triple Super Phosphate Greenfield Project 
8Cost - Rs 30 crore

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8ONGC is meant to produce an extra 3 mmscmd of gas from its KG-DWN-98/2
8When is the due date?

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This has come as quite a surprise
8An ammonia-urea plant is coming on stream ahead of its scheduled time

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8Our website carries grade-wise, producer-wise, city-wise updation of all petrochemical prices on a daily basis
8Thousands of prices are monitored every day and daily changes are carried out wherever needed

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8We have the largest coverage of chemical prices in India
8We are the only website providing ground level data on chemical prices

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A fluctuation in VAM prices has been noticed in the polymer market of Kandla.

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The international crude oil price of Indian Basket was quoted at around $67.05 per barrel on March 08, 2021.

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On March 8, 2021, caustic soda flakes prices went down in the domestic market of Ahmedabad.

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