News & Bulletin Updates

Phosphoric Acid & Sulphuric Acid Greenfield Project 
8Cost - Rs 1800 crore
8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the Company proposes to execute the project on an EPC basis. The finalization is still ongoing and it is now likely in Feb 2021. The company has already got an  NoC from the state pollution board. The RFQ for the EPC contractor is likely to be released in Feb 2021.
SSP/NPK Greenfield Project  
8Cost - Rs 70 crore
8Project Event: The project activities were adversely impacted due to COVID-19, Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance at the end of Jan 2021 instead of earlier  due to delay in the studies, RFQ for the contractor is likely to be released in February 2021

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8IOC board is all set to give more refinery expansion approvals
8But in which order are they expected to come?

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What is the latest status on RIL's gas output now that it has started commercial production?
8How much is being produced?
8When is the next tranche likely
8Also know more on why competing gas suppliers have been taken by surprise
8Already one prominent buyer is substituting around 1 cargo of LNG with local RIL gas.

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What kind of standard gas sales purchase agreement will RIL enter into for its gas?
8What are its main features?

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8Deepak gets into the fertilizer delivery space

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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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8So far this website has identified two cargoes of sulphuric acid coming in

8One brought in by IFFCO and the other by Coromandel International

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The main imports that we are tracking, among others, are:
8Base oil, Methanol, Paraxylene, Phosphoric acid, Sulphuric acid among a dozens of other chemicals.

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81103852 tonnes of assorted fertilizers are expected to arrive at Indian ports in the next few days
8Get comprehensive details in terms of vessel name, arrival data, port name, quantity, type of fertilizers as well as buyer and seller names.

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The port declared quantities of LNG offloading are sub-optimal in these terminals
Dabhol:
8Trafigura is delivering a cargo of only 78500 cubic metres for GAIL from Das Island
8GAIL is getting another cargo from Das Island and it is for 75600 cubic metres
Then again, we have:
Cochin:
8Cargo volume is 70931 cubic metres
Ennore:
8Declared cargo volume of 40000 cubic metres from Lake Charles
8The other cargoes which are coming in to Dahej and Hazira are the standard 140,000 to 150,000 cubic metres

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RIL clearly has the best crude vessel management system as of now with no vessels in waiting
8Nayara too is pretty strong on this count
8Curently Cochin has a problem
8And for some strange reason, Paradip always seem to have a lot of waiting going on

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Get India's most comprehensive daily coverage of chemical prices. 

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We offer you the most accurate polymer prices.The prices and daily news feeds are based on information gathered from a cross section of the industry. 

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On January 6, 2021, IPA  prices drifted down on the back of weakening demand and shortage of supply.

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Deepak Fertilizer revises IPA prices.

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On January 6, 2021, Petrochem sources confirmed that BAM prices have slipped in the Kandla port.

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Jan 06, 2021: MIBK prices revised

A revision in MIBK prices have been announced in JNPT.

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Prices for MEG have been revised by Aegis. On January 6, 2021.

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A revision in acetone prices has been announced at Dahej. On January 6, 2021

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On January 6, 2021, methanol prices moved down in the Mumbai market.

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Propylene prices were assessed stable in Europe on January 5, 2021.

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On Tuesday, January 5, 2021 PTA prices moved higher in Asia.

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On January 5, 2021, ethylene prices were assessed steady in Asia.

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On Tuesday, January 5, 2021, open spec naphtha bid prices for the 2H of February were assessed lower.

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On January 5, 2021 crude oil prices registered a sharp rise.

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