News & Bulletin Updates

A major producer from Saudi Arabia is heard to have offered its VAM in India.

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8Our chemical import tracker shows 72 lakh tonnes of assorted chemicals headed towards Indian ports
8Get the full looking-ahead import matrix here

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Adani Total Pvt Ltd has ordered a full cargo of LNG
8It is landing in Dahej next week
8Clearly, all of it in on go is not for in-house use, it is marketing the gas as well
8Meanwhile, our data shows there are two cargoes coming into Cochin, one from Soyo and another from Ingleside. This is raising eyebrows on what PLL is up to here, under a new IOC-trained MD, unless our data is wrong

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Nayara Energy has a judicious mix of crude coming at the Vadinar port for its refinery. One lot is being shipped by a combination of Jadco, Adnoc and Korea Gas from Fujairah
8Another from Petrobrass (Buzios)
8And a third cargo from Andes Petroleum Company (Balao)
8Clearly, the company, given that it is half owned by Trafigura, is quite adventurous with its crude sourcing

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8What is the latest on the Karaikal LNG project bidding process
8Bid were submitted long back but nothing has been heard since from the promoters
8Click on Details for more, as six bidders wait on the sidelines

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The glass either half empty of half full, it depends on how you look at it
8At a time when all but one LNG terminal in India is running at full capacity, here is a new 7.2 MMTPA terminal coming up

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As BPCL gets ready for divestment
8Here is a full update on the company

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For project planners, even as the energy transformation speeds up EIL has estimated Indian refining capacity requirement to be much more than what has been planned
8Also, there will be scope for 15 world class petrochemicals plants to come up

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Why do engineering consultancy companies find it very hard to move to an EPC format?
8Reason is returns are much higher in engineering than in turnkey projects
8Find out how one of the largest engineering companies in India fared in terms of returns on engineering and turnkey projects over the last five years

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For project planners, even as the energy transformation speeds up EIL has estimated Indian refining capacity requirement to be much more than what has been planned
8Also, there will be scope for 15 world class petrochemicals plants to come up

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8There are always circulars floating around to minimize nomination contracts
Here is one more

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8The CCEA has approved amendments to the new investment policy to fit in a new ammonia-urea plant

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8The Fertilizer Assocation of India will host an online Extraordinary General Meeting on Monday, June 28

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8The cabinet has given the approval for raising the MSP for kharif crops, which will guarantee a remunerative price to farmers over the cost of production
8This is being considered as a big step towards doubling of farmers' income by 2022

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8IFFCO has signed an MoU for setting up a nano urea fertiliser plant
8The new move is being seen with much interest by the fertilizer community

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Granular Single Super Phosphate Greenfield Project
8Cost - Rs 148 crore
EPC contractor lookout will take place in August now
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 75 crore
Contractor RFQ in July

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8IPA is getting shipped in
8Find out who the receiver is

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8A molasses cargo is being shipped in by KN Resources
82500 tonne is the cargo weight

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A fire broke out late evening on June 6, 2021 in one of the PVC production units at the Formosa Plastics petrochemical complex in Point Comfort, Texas.

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PET (G5801) prices have been assessed lower in the Mumbai market today.

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The Mumbai polymer market saw a rise in ABS (HI121H) prices today.

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PET imported prices in the Mumbai market remained stable in spite of demand being low.

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On June 10, 2021 ABS (HI121H) IM prices were increased in the domestic market of Ludhiana.

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Polyamide (M28RC) prices have drifted down in the Delhi polymer market.

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An increase in Polyamide (M28RC) imported  prices has been noticed in Ludhiana.

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