News & Bulletin Updates

Centre's move to allow the direct sale of ethanol as a fuel for compatible automobiles is expected to boost demand, said India Ratings and Research (Ind-Ra).

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8One Urea Shipment is coming up on 01 April 2021
8Two Rock Phos shipment is coming up on 31 March & 1 April 2021

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Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: The procurement work is ongoing, RFQ for the Steam Generation Plant has been out and the bid due date has been extended from 25 March to 12 April 2021 due to technical amendments. 

Phosphoric acid Expansion Project 
8Cost - Rs 190 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is ongoing, proposal for the environmental clearance is likely to be submitted in April 2021.

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8Pertamina has halted operations at its Balongan refinery.

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8Shell Chemicals is in plans to take its butadiene unit off-stream.

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8BOREALIS is in plans to start maintenance at its phenol and acetone plant.

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8TPC Group is in plans to resume production at its butadiene plant.

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8LG Chemical has halted production at its cracker following an unplanned outage.

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8Formosa Chemical and Fibre Corp has started maintenance at its PTA unit.

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The international crude oil price of Indian Basket was quoted at around $63.22 per barrel on March 30, 2021.

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On March 30, 2021, aniline prices drifted lower in the imported market of Delhi.

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On March 30, 2021, formaldehyde prices were assessed lower in the domestic market of Kolkata.

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Deepak Phenolics announces a revision in acetone prices.

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Iso Butanol prices have been revised at Hazira.

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On March 30, 2021 price changes in HDPE and LLDPE in the Hyderabad polymer market were reported by our analysts.

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Jaipur polymer market on March 30, 2021.

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Price changes in the Bangalore polymer market have been reported by our analysts.

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Taiwanese producer, Formosa Plastic Corp, is heard to have announced its offer for PVC in India.

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On March 30, 2021, DMF prices drifted lower in the imported market of Delhi.

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On March 30, 2021, methanol prices increased in the Mumbai market.

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N Butanol prices have been revised at Hazira.

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GNFC Group reduces acetic acid prices.

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Ethyl Acrylate prices went down in the Kandla market today.

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SI Group announces a revision in PAN prices.

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Prices for ethyl acetate have been revised at Ex-Satyam.

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