8The government is expected to allow fertilizer, steel, and petrochemicals among other industries to use green hydrogen
8An incentive package will have to be worked out for industries to switch over
The plan is part of the proposed National Hydrogen Energy Mission

8Manali Petrochemicals posted a much higher profit in the nine months of this year than the last
8This disproves the claim that the segment has suffered during and in the aftermath of COVID

8The PET film industry is in constant churn. A lot of new capacity is going to be added globally
8Changing cost dynamics may result in closure/underutilization of older lines and there is a need for constant up-gradation in technology (10.6 mtr wide line) to remain competitive. Many players are stuck with mostly legacy assets for standard films
8In the midst of all this, one Indian company stands out

8Dhunseri Ventures Ltd has nearly doubled its profits

8As of today, we are tracking around 1.07 million tonnes of chemical imports
8Get the full data here

8We are tracking around 6.7 million tonnes of Crude import as of today
8Get the full data here, in terms of where the crude is coming and which refinery it is going into

8Shell's Hazira LNG terminal is finally reporting a new cargo after a break of a month
8This is a cargo coming in from Sabine Pass

Tenders are expected to come out for the following refinery units:
8CDU/VDU
8DHDT
8SRU

Nano Fertilizer Greenfield Project      
8Cost - Rs 119 crore
RFQ for the LSTK contractor is likely to be released in Q2 2021. 
DAP/NPK Greenfield Project  
8Cost - Rs 300 crore
8Project Event: Feasibility Studies are still ongoing. RFQ for the EPC contractor is likely to be released in April 2021

On February 11, 2021, Petrochem sources confirmed that SM prices have slipped in the Mumbai and Kandla market.

Our Petrochem analysts have reported buying trends in the Ahmedabad market as on February 11, 2021. 

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

The international crude oil price of Indian Basket was quoted at around $60.60 per barrel on February 11, 2021.

On February 11, 2021 PET price moved up in the Indian market.

On February 11, 2021, caustic soda flakes prices drifted lower in the domestic market of Delhi.

Reliance Industries Limited rolls over PVC prices.

A revision in PP and PE prices has been announced by IOCL.

PVC prices have been revised by RIL.

RIL announces a revision in PP prices. 

With the effects of the lockdown slowly disappearing, chemical imports are picking up speed.
8Earlier, vessel line-ups totalled up to less than 1 MMTPA but it is now over this mark
8And we are noticing vessel waiting in busy ports such as Mumbai and Kandla

8No one covers petrochemical prices like we do
8Here is today's grade wise coverage of petrochemical prices

8We provide accurate chemical prices
8Prices are based on information gathered from a cross section of the industry including producers, processors, traders and distributors

8One Liquid Ammonia shipment is coming up on 11 Feb 2021
8One Sulphuric acid shipment is coming up on 12 Feb 2021
8One Phos acid shipment is coming up on 20 Feb 202

8It looks like fertilizer overuse is not on the agenda of Indian government agencies

8A tender for the supply of potassium carbonate for an ammonia plant is coming up