Grasim brings in:
8 Methanol
8 Paraffin Wax
This is coming from Sabic
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8NEOS Styrolution India Ltd brings in 5247 tonnes of styrene monomer from Samsung
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8Payal Polyplast is bringing in a large cargo of chemicals from Sasol in South Africa
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The current imports by RIL are:
8Benzene
8Paraxylene
8Orthoxylene
8Ethylene
The quantities are large
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There is a lot of turmoil in the market.
8Asian gas prices have shot through the ceiling
8The spread between naphtha and end products has narrowed considerably as feedstock prices rise.
8In the midst of all of this upheaval, imports of chemicals seem to have come down
8We are currently tracking just about 89 lakh tonnes of cargoes.

JBF Industries Ltd increases PET prices.

We are tracing a total of 6.7 million tonnes of crude imports.
8Where is this crude coming from?
8Who is importing them and in what quantities?
8What kind of processing speeds do we notice at ports for these cargoes?
8Are there any terminals in which vessels have to wait for offloading their cargoes? What causes these backlogs, is it because of shutdowns, then are these shutdowns planned or unplanned?
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It is really a sad testimony to private sector enterprise in a key segment of the Indian economy, the gas segment.
8The Hazira LNG terminal, owned by none other than multinational Shell, does not have a single LNG vessel lined up for delivery as spot prices have risen so high that cargoes at Hazira have dried up or have been diverted elsewhere.
8It has been now left to public sector entities like GAIL and Petronet LNG to carry the onus of feeding India's industry, which is more than 50% dependent on imported LNG.
8"We have not canceled a single MMBtu of gas to our clients, " a top GAIL source told this website.
8Shell on the other hand had a tolling business model around its LNG gasification terminal, based on spotor short term cargoes. So when the going got tough, the cargoes just disappeared into thin air.
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RIL announces a revision in PET resin prices.

A revision in PET resin prices has been announced by Chiripal Group.

Dhunseri Petrochem Ltd (ASPET) raises PET resin prices.

8Coronavirus has hit the petrochemical sector as badly as it had other industry segments.
8But a survey of employees working in the sector shows that the situation may not be as bad as was first anticipated for job opportunities and salary hikes
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8Are you a supply of Tertiary Butyl Catechol?
8Here is an opportunity to strike a deal
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8Savla Chemicals Ltd manufactures chemicals such as isobutylene and HP MTBE, which are intermediary products used in the agrochemicals and pharmaceuticals industries, respectively.
8The going seems to good for now
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8The coronavirus has raised its head again in China.
8And this is impacting petrochemical production, sale and exports
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8Feedstock prices are going up so much that the spread between feedstock and end product is getting to be less lucrative
8Find out how this is going to work out
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8A major association is coming up with 2021 awards for chemical and petrochemical plants.
8Find out how to apply.
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8Central India can have a major refinery-cum-petrochemical complex to cater to rising demand.
8Find out how this logic works

8A Rs 621 crore desalinization plant could free MRPL from the vagaries of water shortage and this will mean that the company will be able to run its petrochemical plants at better capacity.
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8Till just a short while ago, using ammonia as a fuel for generating power could have been unthinkable.
8And here we are now into the midst of commercial deals for just that
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8Propane demand and supply have climbed to unprecedented levels
8And this has implications for the petrochemical sector
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8The Asian winter is a bad one this time.

8Spot LNG prices have shot through the roof, and now feedstock for manufacture of plastics is also going through a supply squeeze.

8Naphtha prices are pushing up, thereby meaning that plastic processors are unlikely to get any price relief soon.
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On January 15, 2021, methanol  prices went down in the Ahmedabad market.

Sulphuric Acid and Captive Power Unit Expansion Project
8Cost - Rs 300 crore
8Project Event: The project is still awaiting environmental clearance, and the review is ongoing, the project is likely to elicit environment clearance at the end of February 2020, RFQ for the PMC contractor is likely to be released in March 2021 whereas earlier it was expected earlier.
Ammonium Nitrate and Nitric Acid Greenfield Project    
8Cost - Rs 1375 crore
8Project Event: The project is still awaiting environmental clearance, clearance It is likely to be elicited in Q1 2021. RFQ for the PMC contractor is likely to be released in Q1 2021.

8This E&P major had so far stayed away from the LNG business.
But not anymore.