8One Liquid Ammonia shipment is coming up on 11 Feb 2021
8One Sulphuric acid shipment is coming up on 12 Feb 2021
8One Phos acid shipment is coming up on 20 Feb 202

8It looks like fertilizer overuse is not on the agenda of Indian government agencies

8A tender for the supply of potassium carbonate for an ammonia plant is coming up

8India's fuel consumption in January registered its first month-on-month decline in five months, as an uptick in global oil prices posed a roadblock to a gradual recovery in demand from the world's third-largest oil consumer.
8Consumption of fuel, a proxy for oil demand, fell to 18.01 million tonnes in January, which was 3.2 per cent below last month, and 3.9 per cent lower than a year earlier, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Tuesday.

Adani Gas, Torrent Gas, and now GAIL are on board
8That does not necessarily guarantee a secure future for IGX
8Does it?

Interestingly, Paradip refinery has vessels lined up for berthing later in the week
8But there are no vessels at berth for a few days now
Click on Reports for the crude import matrix for the day

As many as five LNG vessels are currently lined up for processing at GAIL's Dabhol terminal, taking advantage of the fair-weather window.
8Clearly, once the breakwater facilities are built by L&T, Dabhol will become a big all-year-round asset for GAIL.
8Ironically, all of India's LNG trade is confined to just two of the six active terminals.
8Either because of a faulty business model or on account of lack of demand or the unavailability of evacuation networks, four of the six terminals are without any LNG vessels to unload as of the moment. Curren JKM prices continue to remain too high for independent terminals like Shell's Hazira complex to come back to business again

On mere economics alone, gas use in India does not make for a compelling case.
8The average price of gas as it exists today is unaffordable in India.
8What is more, prices are not good enough to trigger an E&P investment to prop up gas supply domestically. Domestic production will pick up but later, once prices rebalance towards the mid 2020s
8This is are the startling findings of none other than the IEA
8The road to a gas economy is going to be long and arduous

An entire hydrogen-powered clean chemical city is coming up in the Gulf
8India can perhaps emulate this example?

A private sector coal-based ammonia urea company?
8Cost: Rs 7500 crore
8Is it possible to build one
8Going by the risk-taking capability of this business group, it may well go ahead
8The company is planning to hire the PMC contractor first, RFQ for the PMC contractor is likely to be released in April 2021 and RFQ for the EPC contractor is likely to be released in May 2021

The thing about the downstream refinery industry is that there is a fair amount of competition for contracts
8Here is a PX plant, of IOC, at Paradip, where an L-1 contractor emerged yesterday

8Are you looking for a plastic park to set up a new unit?
8Here is an outline of all the parks in India

Sri Narayani Plastic is another trading company
8That seems to be doing well
8It recently got a rating upgrade.i

8Pan Synthetics Pvt Ltd is a family run business engaged in trading flexible packaging films like Polyester, BOPP films, aluminium foil and other polymers
8It seems to be going from strength to strength

8Sodium Chlorite is needed in bulk
8Find out more

Get the following basic data here
8The quantum of installed capacity, demand, and production of caustic soda and soda ash during the year 2018-19, 2019-20 and 2020-21(estimated)
8Import and Export of Sulphuric Acid & Sulphur for this period

8BPCL's Kochi refinery expansion has lead to the setting up of an industrial park
Find out more

Find out more on the chemicals on which BIS standards have been made mandatory
8There are 34 chemicals in all
8Imports too will have to elicit this certification

8The Atmanirbhar Bharat programme may not have much to offer to the chemical sector
8Here is why

GACL's profits are lower in Q-3 but then there is time ahead to pick up speed
8Interestingly cost of material consumed is higher in Q-3 this year compared to the same period last year
8This point to raw material cost inflation that could not perhaps be passed down to consumers

On February 10, 2021, moderate buying activities were observed in the open markets of Kanpur.

On February 10, 2021, slow buying activities were observed in the open markets of Delhi.

On February 10, 2021, slow buying activities were observed in the open markets of Mumbai.

On February 10, 2021, POM prices in the domestic market were stable in spite of lower international prices on higher domestic demand.

On February 10, 2021, DOP prices drifted lower in the domestic market of Chennai.