JBF Industries Ltd increases PET prices with effect from December 16, 2020.

Reliance Industries Limited has announced a revision in PET prices.

Domestic producer Chiripal has announced a revision in PET prices.

Most of the market players are of the opinion that PP, HDPE and LLDPE prices are likely to be increased.

The bidding for the PX unit in Paradip ended yesterday
8There was one surprise bidder among the lot
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With private sector contracts, it is very difficult to predict how the final awards are going to go.
8Anything can happen at the last moment for private companies are not bound by CVC guidelines .
8But from inputs that we have gathered from various sources on the ground, there is a certain way it is going as far as all three packages are going.

The fear of the pink slip after they were served on Petrofac and GS Engineering executives has now started pervading the atmosphere in all downstream technology and EPC companies.
8We did a survey of a bunch of these companies -- from TechnipFMC to L&T to Toyo an others --  to find out how real is this fear.
8Are they going to serve pink slips too?

Here is what we have found out

OPaL, the petrochemical wing of ONGC, has had a slow start
8But the going from here is going to be very fast indeed
8OPAL's market segment will grow at a rate of 8-10% every year
Click on Reports for more

Domestic producer Supreme Petrochemical Ltd has announced a revision in PS prices.

Demand for PET, on December 15, 2020 was assessed as improved in major markets.

On December 15, 2020, demand for polyvinyl chloride was moderate and prices have been steady for the last week in the Indian market.

On December 15, 2020, Methanol prices gained in Europe.

On December 15, 2020, Petrochem sources confirmed that IPA prices have slipped at Mumbai port.

According to reliable domestic sources, on December 15, 2020, NBA prices have increased in the Indian market.

Acetic Acid prices have increased continuously this week indicating a shortage of supply with a growing demand in the Mumbai and Kandla market.

As per reliable sources, MIBK prices in Delhi market have been increasing since the last few days.

On December 15, 2020, MEG prices gained at Kandla.

Get hundreds of daily prices. Grade wise prices from across the country, get it all here for today.

We have the best daily news analysis of the chemical prices in the country.

8One Ammonia shipment is coming up on 18 Dec 2020.
8One Rock Phos shipment is coming up on 19 Dec 2020.
8One Phos acid shipment is coming up on 21 Dec 2020.

8This ammonia-urea project will now get commissioned in May, 2020  instead of March now
8So the gas supplier will have to wait for two more months for supply to start
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8Draft Indian Ports Bill, 2020 can in fact be a game changer
8Find out why

Small scale LNG is expected to grow rapidly over the next five years, both globally and in India
8All of the elements are now falling into place for the growth of the segment, including the types of contracting that are going to be in vogue.
8Find out how it all pans out

The much anticipated right-sizing of this major petrochemical engineering and EPC major has finally come true
8It will be effective from February.
8The company claims it will treat its employees with "dignity" while letting them go

8A cargo of PFAD is coming in
8The vessel that is bringing in is Chem Patriot at Kandla
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