8Pengerang Refining and Pengerang Petrochemical, collectively known as PRefChem, is a joint venture formed by national oil companies Malaysia’s Petronas and Saudi Arabia’s Saudi Aramco
8This is a heavy duty partnership and needs to be watched carefully on how it pushes ahead with its ambitious plans

8NRL awards propylene production contract to Lummus
8Edica-Garnett LLC, USA & KnowGenix, India form strategic alliance
8Manali Petrochemicals to triple its propylene glycol capacity
8Huntsman has announced the appointment of Ms. Gurmeet Kaur as the Head of Strategic Marketing for the Polyurethanes (PU) India sub-continent business.
8Techno Paints to set up new facility in Hyderabad
8IG Petro board approves PAN expansion project

8Lords Chloro Alkali Limited: is listed on the BSE and is involved in the manufacture of chloro-alkali range of chemicals with a manufacturing plant at Alwar (Rajasthan)
8The company supplies its products to most of the paper, soap, plastic industries based out of Uttar Pradesh, Haryana, Rajasthan, Punjab and Delhi
8But find out why the outlook is negative

8Arctic freeze last week led to a massive shutdown in the US
8It impacted 35% of US oil and 20% of US gas output, entire US LNG exports, 32% of US refining, and 10% of USethylene capacity
8Find out the implications are of all of these on petrochemical prices
Get a full analysis here

8Here is today's grade wise coverage of petrochemical prices

8Get the full chemical price matrix for today here

8As of today, we are tracking around 9.23 lakh tonnes of chemical imports
8Get the full data here

Chemical imports ahead at the Vizag port are confined to
8Sulphuric acid
8Caustic soda
8Toulene
8Phosphoric acid

8Get the latest fertilizer import data, here
8Find out who is importing how much
8This is a daily import matrix that our team collects from different ports

The Vadinar crude terminal brings in cargoes for both IOC and Nayara
Here is an assortment of crude coming in:
8Kuwait Export Crude Oil
8Labhuan
8Castilla
8Eocene/Ratawi
8Basrah
8Murban
Read for full details on who is importing how much and their arrival dates

How many LNG shipments are lined up as of today for Indian terminals?
8Dabhol: 2
8Mundra: 1
8Dahej: 9
8Hazira: 1
8Ennore: 0
8Kochi: 0

8With the global price of chemical fertiliser soaring to a seven-year high, Nepali farmers could be in line for a repeat of the 2020 fiasco when they suffered a severe shortage of the vital plant nutrients at the height of the paddy growing season.

8MMCL has just brought in a molasses cargo

8Jupiter Dyechem is the exporter of 3200 tonnes of methanol

8Standalone RIL's plan to foray into green energy will be also be liked by investors, brokerage Nomura said in a note
8It said Reliance has indicated that it plans to build an optimal mix of reliable, lean and affordable energy using solar, wind and batteries

The RIL presentation on O2C businesses is a great template for some of our public sector companies to follow
8The creation of a platform to attract global players is something OMCs can look at
It will need a lot of finetuning but it can clearly be adapted

India is talking of gas reforms.
8China is also in the middle of it
8What kind of lessons can India draw from China?

ONGC gets an unremunarative gas price for most of its production
8But yet the company remains extremely bullish of the future, both in terms of eliciting higher prices and higher output

8There were two DAP tenders in the running
8And the news is not all that good
Find out what the status is

8In potash, a tender is live
8And a tug-of-war is on

8Those getting Henry Hub-based gas in India will feel the pressure of higher prices
8GAIL has entered into long term deals in India based on HH pricing
8But prices are settling down now

Sulphuric Acid and Captive Power Unit Expansion Project   
8Cost - Rs 300 crore
8Project Event: The project is still awaiting environmental clearance, the review is ongoing, the project is likely to elicit the environment clearance in March 2021, RFQ for the PMC contractor is likely to be released in April 2021
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project  
8Cost - Rs 48 crore
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. Proposal for environmental clearance is likely to be submitted in March 2021. RFQ for the EPC contractor is likely to be released in April 2021

The year-on-year (YoY) performance of a majority of the early available economic indicators recorded a deterioration in January 2021 relative to previous month, led by a combination of factors such as the fading of the favourable base effect, supply-side issues and price hikes.
8As many as nine of the 15 high frequency indicators recorded weakening of their YoY performance in January 2021, relative to December 2020

One man in India who can move global markets is the MD of Indian Potash Ltd, P.S. Gahlaut
8And what he has said has sent jitters down the global potash market

A revision in ethyl acetate prices have been announced by GNFC Group.