News & Bulletin Updates

Mar 05, 2021: RIL raises DEG prices

A revision in DEG prices has been announced by RIL.

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Shortage of supply accompanied with a growing demand has led to an increase in styrene monomer prices in the Chennai market.

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Phenol prices have increased today indicating a shortage of supply with a growing demand at Kandla port.

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On March 5, 2021, Petrochem sources confirmed that methanol prices have slipped in the Kandla port.

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The provisions of the Public Procurement (Preference to Make in India) Order have a lot of caveats
8So here is something that makes all this simple for everyone, including manufacturers, producers, suppliers, auditors, practicing professionals, and other stakeholders

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8Get the full list here, of all petrochemical prices as of today
8The prices are gathered from a cross section of the industry by our scouts and analysts

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8Get the chemical prices round-up here for the day
8Grade-wise and city-wise

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8As of today, we are tracking around 1.04 million tonnes of chemical imports
8Get the full data here

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8India imports a wide variety of chemicals
8From paraxylene to acetic acid to benzene to butadiene to methanol to sulphuric acid to hexane to base oil to caustic soda to styrene monomer to ethanol

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8Kandla port will see an assorted range of chemicals coming in over the next two weeks
8And these will include: Molasses, methanol, phosphoric acid, caustic soda and castor oil among others

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8Reliance is currently unloading a mixed cargo of paraxylene and benzene
8The landing port is Sikka

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8A 5700 tonnes of acetic acid is expected to come at Haldia
8Find out who is bringing it in

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8A cargo of styrene monomer is coming in at Nhava Sheva
8There is another shipment at Hazira

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8A sulphuric acid cargo is reaching Kakinada from Korea
8Find out the cargo strength

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8A large CBFS shipment is arriving at Kattupalli on March 8
8It is coming from Saint Rose

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8A mixed cargo of toluene and VAM is expected at Hazira
8Find out how much the quantity is

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8India centric crude tonnage we are currently tracking is at 7.4 million tonnes
8Mumbai and Paradip are the two ports where vessel waiting is seen at the moment

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8India is the largest importer of fertilizers in the world
8Get the import matrix for fertilizer imports in the days ahead

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The website is tracking the delivery of 2104212 cubic metres of LNG into Indian terminals in the next few days
 The LNG is coming from:
 8Das Island
 8Qalhat
 8Sabine Pass
 8Ras Laffan
 8Soyo
 8Lakes Charles

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8A big oil & gas R&D centre is looking for professionals to join in

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The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (OPEC), the group's president said on Tuesday.

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Bio-based technologies and engineering company Praj Industries and Repos Energy plan to join hands for bio-mobility and launch mobile biofuel selling units.

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India's Reliance Industries, operator of the world's biggest refining complex, said on Wednesday its non-energy businesses and increased use of renewable power would help it meet a goal of net zero carbon by 2035.

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Adani Ports and Special Economic Zones (APSEZ) Ltd. on Wednesday said it is acquiring the 31.5 per cent stake held by Windy Lakeside Investment Limited (an affiliate of Warburg Pincus) in Gangavaram Port Limited (GPL) for around Rs 1,954 crore.

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We have two updates today:
Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
Ammonia-Urea Energy Saving Project   
8Cost - Rs 200 crore

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