News & Bulletin Updates

8McDermott decides to keep an interest in the divested Lummus Technology, a global petrochemical technology supplier
8The company was earlier sold the Haldia Petrochemicals and a private equity find

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8This E&P outfit is looking for a legal head

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The best ever analysis of a market is made by owners of companies involved in these segments and not by analysts
Here is a full review of the following markets:
8Containers
8Crude tankers
8Product tankers
8LNG
8Gas
8Second hand market
8New Building
8Drilling rigs
8Sub sea market
8Offshore vessels

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8This time around, ONGC is looking at a jack-up rig with a difference
8But the day rate will not be the lowest in the world then

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8One Phos acid shipment is coming up on 21 March 2021
8One Sulphuric acid shipment is coming up on 9 March 2021

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8Two of the world's largest companies have tied up on blue hydrogen and ammonia

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Here is a company that provides the following products:
8Anti-caking additives (oil-based and water-based systems)
8Anti-dust additives.
8Hydrophobic agents
8Corrosion inhibitors
These fertilizer additives are specially formulated for all types of fertilizers such as AN, CAN, MAP, DAP, TSP, AS, NPK blends, Urea, UAN, MOP among others

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8The government wants to err on the side of caution on the use of nano-zinc and nano-copper

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Urea Expansion Project  
8Cost - Rs 52 crore
SSP/GSSP Greenfield Project
8Cost - Rs 15 crore

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8It is learned that a defunct fertilizer plant has just come on stream

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On March 9, 2021 moderate buying activities were reported by our PetroChem analysts in the open markets of Chennai.

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On March 9, 2021, the purchase trend for ABS prices increased in the open markets of Mumbai, Delhi, Ludhiana, and Ahmedabad.

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Our Petrochem analysts have reported price changes in the Mumbai polymer market.

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Delhi polymer market as of March 9, 2021.

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Price changes in HDPE and LLDPE in the Kolkata polymer market as of March 9, 2021 have been reported by our Petrochem analysts.

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The Delhi polymer market witnessed a rise in chloroform prices.

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On March 9, 2021, N-Butanol prices drifted down on the back of weakening demand and shortage of supply in the Mumbai market.

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PET prices in the domestic market were stable in spite of lower international prices.

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The international crude oil price of Indian Basket was quoted at around $68.42 per barrel on March 9, 2021.

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C9 solvent prices increased today indicating a shortage of supply with a growing demand in the Ahmedabad market.

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Sulphur prices, on March 9, 2021, increased in the Delhi market.

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On March 9, 2021, the purchase trend for EVA prices remained stable in the open markets of Mumbai, Delhi, Chennai, Ahmedabad and Hyderabad.

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An increase in PVC imported and RIL K6701 grade prices has been noted on March 9, 2021.

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An increase in BAM prices has been noticed in Kandla port.

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On March 9, 2021, phenol prices increased in the Mumbai polymer market.

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