News & Bulletin Updates

We are tracking a total of 7.5 million tonnes of crude imports
8Where is this crude coming from?
8Who is importing them and in what quantities?

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81689523 cubic metres of LNG imports coming in
8Get the full data here

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8The website carries here the entire set of import that had taken place in the last week in an easy-to-refer format

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Get the full petrochemical price movement for the day.

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A price revision in PE grades has been announced by LyondellBasell.

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INEOS Olefins and Polymers USA has announced price increase in PP grades.

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A Chinese producer is heard to have offered PET (IV 0.80) in India.

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Formosa Plastics Corporation, U.S.A., has announced price increase in all polypropylene grades.

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A producer from Malaysia is heard to have announced its PP in Indonesia.

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Domestic producers are likely to increase their PP prices this week.

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8Recylced plastic demand is buoyed by a tax boost
And in many parts of the world demand seems to have recovered from the COVID shock.

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8Plastiblends India Limited is India's largest manufacturer and exporter of color and additive masterbatches and thermoplastic Compounds for the plastic processing industry.
Find out how despite the lockdown, the company ended up doing well

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There was an n-Butanol project awarded to ThyssenKrupp
8This is German multinational's first EPC project
Find out what both companies had to say about the award

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8There is a lot of debate over blue and green ammonia, now that the revolution is on our doorstep.
For now, blue will be more than green.

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A whole lot of refinery closures are coming up
8But this is likely to more than offset fresh capacity coming online.
Get the entire list here.

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Find out why
8Asian ethylene prices are likely to ease
8The China propylene market is likely to trend lower
8Fundamentals in the Asian methanol market are expected to remain tight
Also know more on the outlook for
8MEG
8Acrylonitrile
8Toluene
8Orthoxylene

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On January 19, 2021, sulphuric acid prices moved up in the domestic market.

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On January 19, 2021, Petrochem sources confirmed that PG prices have slipped in the Mumbai market.

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BAM prices have increased today indicating a shortage of supply with a growing demand in the Kandla port.

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A revision in ethyl acetate prices has been announced at Ex-Satyam.

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Here is a round-up of all chemical prices in India
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8A total of 6.71 million tonnes of crude imports are getting tracked
8No major vessel waiting episode has been noticed in any of the crude terminals in India.
8This points to higher utilization of vessels and perhaps to minimal unscheduled maintenance as of now in Indian refineries.

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We are tracking around 75 lakh tonnes of rock phosphate, DAP, urea, and MOP imports Click on Reports for more

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889 lakh tonnes of chemical imports are getting tracked.
8This is as of late last week.
8Click on Reports for more

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Ammonia-Urea Revamp Project
Cost - Rs 6000 crore
Project Event: 99.80 % of the construction work has been completed, and the railway siding has been completed. Pre-commissioning is still ongoing, The commissioning is likely to be completed in February 2021. the schedule of commissioning was 31 March 2020. but due sudden lockdown of the country, authorities stopped all the pre-commissioning activities following the declaration of the holiday for employees, including outsourcing staff. The pre-commissioning works such as target plate flushing for turbine lines, Co2 section commissioning activities, and urea plant water flushing were stalled following the lockdown.

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