News & Bulletin Updates

Granular Single Super Phosphate Greenfield Project     
8Cost - Rs 148 crore
8Project Event: The project is still in the initial phase, and the proposal for the environmental clearance has been accepted and the review is ongoing, It is likely to be granted in Feb 2021. RFQ for the EPC contractor is likely to be released in March 2021.

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Critical projects were awarded for the Barmer Refinery by the HPCL-EIL combine.
But then capital approval is still pending.
Find out far out is the budget for the refinery is, as of now.

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The imminent transition of 11 of the 12 ports owned by the Central government from running as ‘trusts’ into ‘authorities’ will clear the decks for the biggest privatisation of cargo handling terminals.
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The BOO model is now sought to be extended to crude oil import terminals
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The latest datasheet we have is as of end of last week and that data shows Shell's Hazira terminal, otherwise busy around this time of the year, as hshowing no processing of any cargo.
8It is indeed a sad testimony to the multinational driven private sector business model  for LNG in India. With volumes from entities, like RIL drying up because of high prices, the terminal is left with no cargoes to handle.
8The public sector bears the load. "We have not missed out on a single cargo meant for our customers in India," a 8GAIL official told this website.
8Dabhol therefore has the usual GAIL cargoes coming in
8In Mundra, we could track a GSPC cargo from Bonny scheduled for January 25.
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Promoters of this particular bio-refinery is still wanting to go ahead. But work has got delayed as was the case with other 2G refineries
8Project Cost: 838 crores
8Project Description: The owner along with PMC contractor Engineers India Limited (EIL) is planning to construct an ethanol plant to produce 60 KL fuel-grade ethanol per day, primarily from biomass, and will use approximately 1.5 Lakh tons of biomass per year at Davanagere, Karnataka. PFR report was prepared by Engineers India Limited (EIL). EIA report was prepared by ABC Techno Labs India Pvt. Ltd. but the Environment Clearance (EC) has not been elicited yet.
8Event:: RFQ for licensor is expected in March-2021.

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It looks like the Bargarh 2G bio-ethanol project, in the petroleum minister's home state, has run into serious trouble.
Find out what happened.v>

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8Paraxylene is brought into India in large volumes and not just by RIL
Click on Reports to know about all paraxylene cargoes coming into India

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Trident Chempar Ltd is bringing in a shipment of methanol
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8SK Carbon is bringing in a carbon black cargo
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8Tricon Energy India Ltd is bringing in 5817 tonnes of butyl acrylate
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8Samsung is bringing in 5200 tonnes of styrene monomer
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8Marubeni is the exporter of 1200 tonnes of acrylonitrile
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RIL's import line-up ahead (as of today) is:
818000 tonnes of orthoxylene/benzene
818000 tonnes of praxylene
818000 tonnes of praxylene/orthoxylene/benzene
8Another 12000 tonnes of paraxylene
835000 tonnes of ethane
811000 tonnes of ethylene
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On January 18, 2021, Petrochem sources confirmed that acetonitrile prices have slipped in the Mumbai market.

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

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Prices for MDC have been revised at Dahej.

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Aegis revises methanol prices.

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A revision in DEG prices has been announced at Dahej.

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Formosa Plastic has announced its offers in India.

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On January 18, 2021 butyl acetate prices moved up in the imported market.

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Jan 18, 2021: PVC offers in India

LG Chem has announced its offer for PVC.

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A revision in PS prices has been announced by Supreme Petrochemical.

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On January 16, 2021, MIBK prices witnessed a rise in Mumbai.

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On January 16, 2021, Petrochem sources confirmed that Ethyl Acetateprices have slipped in the Mumbai market.

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