News & Bulletin Updates

Get the following basic data here
8The quantum of installed capacity, demand, and production of caustic soda and soda ash during the year 2018-19, 2019-20 and 2020-21(estimated)
8Import and Export of Sulphuric Acid & Sulphur for this period

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8BPCL's Kochi refinery expansion has lead to the setting up of an industrial park
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Find out more on the chemicals on which BIS standards have been made mandatory
8There are 34 chemicals in all
8Imports too will have to elicit this certification

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8The Atmanirbhar Bharat programme may not have much to offer to the chemical sector
8Here is why

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GACL's profits are lower in Q-3 but then there is time ahead to pick up speed
8Interestingly cost of material consumed is higher in Q-3 this year compared to the same period last year
8This point to raw material cost inflation that could not perhaps be passed down to consumers

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On February 10, 2021, moderate buying activities were observed in the open markets of Kanpur.

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On February 10, 2021, slow buying activities were observed in the open markets of Delhi.

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On February 10, 2021, slow buying activities were observed in the open markets of Mumbai.

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On February 10, 2021, POM prices in the domestic market were stable in spite of lower international prices on higher domestic demand.

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On February 10, 2021, DOP prices drifted lower in the domestic market of Chennai.

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The international crude oil price of Indian Basket was quoted at around $60.49 per barrel on February 10, 2021.

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BAM prices have increased continuously this week indicating a shortage of supply with a growing demand in the kandla market.

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On February 10, 2021, demand for acrylic was moderate and prices have been steady for the last week in the Indian market.

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Methanol prices have increased today indicating a shortage of supply with a growing demand in Mumbai and Kandla market.

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On February 10, 2021, Petrochem sources confirmed that acetic acid prices have slipped in the Mumbai and Kandla market.

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On February 10, 2021, caustic soda lye prices increased in the Delhi market.

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The next ethane cargo for RIL is slated to arrive on March 13
8Port of origin Houston
Click on Reports for more on the entire chemical import matrix for India

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Why is Shell's Hazira terminal running surprisingly dry when all other terminals are taking in normal cargo?
8Is this because spot prices are still higher, or is there more to it than meets the eye?
8JKM prices are setting down, and isn't it time that the terminal start reporting fresh cargoes?

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A Rs 25 crore fine was imposed on IOCL for polluting the environment in a refinery
8The company has paid up but under protest

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8A whopping 32 mmscmd of gas is processed in this terminal
8There was a fire on September 23, 2020
8What really went wrong
8Get an incident analysis here

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The RIL-BP combine has just concluded a deal for an incremental 7.5 mmscmd of gas
8Find out why buyers were scared to put in bids

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RIL has a massive 2.85 million tonnes of crude lined up for unloading at Sikka
8Find out where this crude is being sourced from

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8The lockdown seems to have done more good than bad for some companies
8Andhra Petrochemicals Ltd is one of them

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How did the market behave in the last one week in
8MTBE
8Isomer mixed xylenes
8Toluene
8Naphtha
8Ethanol

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Ammonia-Urea Energy Saving Project    
8Cost - Rs 250 crore
Capital approval in April, 2021
Urea Expansion Project   
8Cost - Rs 52 crore
PMC contractor RFQ by April, 2021

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