News & Bulletin Updates

8Get the complete petrochemical price matrix here for the day

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8Get today's chemical price matrix for the entire country

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8The Adanis now owns a quarter of India's port capacity
8It now considers itself a ports-to-logistics company

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8The government says it is doing enough for the chemical and petrochemical sector
Find out why it says so

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8A gas cracker unit is looking for white oil
There is a purchase preference clause in this purchase

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Get up to the date data on the following
8Major chemical and petrochemical import into India
8A break-up of this into major chemical and petrochemical segments
8While the pandemic meant negative growth in some segments, in others, the growth has been positive

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8Get the full text of the PM's address at laying of the foundation stone of key projects of Oil & Gas sector in Tamil Nadu

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The current cargo load at Haldia is made up of
89000 tonnes of MEG/DEG
820000 tonnes of phosphoric acid
810000 tonnes of CBFS
819000 tonnes of paraxylene and some LAB

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8DCW Ltd just got a cargo of VCM
8Find out the tonnage and the port where it was delivered

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895770 tonnes of assorted chemicals are arriving at Hazira in the coming days
8Find out the break-up

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8OPaL brings in a cargo of butadiene
8Find out what the quatity is

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8A shipment of caustic soda is being brought in by Various
8The port where it is landing is Vizag

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8There are many low-volume base oil imports taking place at Mumbai port
8Check out what the volumes are over the next few days

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8A cargo of methanol has just landed
8Shipped in by Qatar Chemical

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8At least for the Indian market leader for Phthalic Anhydride, 2020 has not been a bad year at all
8The company's performance has been nothing but spectacular

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8Private equity firm decides to take over an Indian pharmaceutical company
8The focus of the company is in niche therapeutic areas, making specialty active pharmaceutical ingredients (APIs) and advanced intermediates

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8Axens has elicited the much-awaited LOIs for the Numaligarh refinery expansion project

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Should a domestic gas seller use the Platts West India Market (WIM) or the JKM as a yardstick?
8Different sellers have tried different yardsticks
8Faith in the JKM was shaken when it touched $30/MMBtu in mid-January

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Sulphate of Potash-Bromine and Captive Power Unit Expansion Project  
8Cost - Rs 500 crore
8Project Event: All the project activities are still on hold due to COVID-19, the project team has been made. RFQ for the LSTK contractor is likely to be released in May 2021

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The PESB has been headless for five months
8And all kinds of speculations are floating around
8Eventually though a decision may come about sooner than later, it seems

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The JKM had gone up over $30/MMBtu in mid-January
8The combination of very cold weather increasing demand, supply issues at a number of export plants, contracts running at maximum take, and the need to divert large volumes of cargoes from the Atlantic to the Pacific basins – principally US and Qatar cargoes – leading to constraints on shipping, all combined and resulted in a sharp increase in prices in a very illiquid market.
8However that is not the entire story.
8This is something that would not have happened in the US and European market
8So what really is intrinsically wrong with the JKM?

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The bottom has fallen out of the VLGC market.
8Earnings are below breakeven
8How did that happen?

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The industrial gas segment can gain a whole lot from Industry 4.0 tools, it seems
8The sector stands to increase EBIT margins by two to five percentage points
8This is a significant competitive advantage in an industry in which historical EBIT margins are a healthy 20 to 25 percent for major players

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Urea (Granular) and Captive Power Unit Expansion Project   
8Cost - Rs 700 crore
On hold for now, but will be active soon

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The US had shipped 91 LNG cargoes from the US to Indian in the February-December, 2020 period
8Get details of all these cargoes

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