News & Bulletin Updates

8According to Market Research, the worldwide Isobutylene Isoprene Rubber (IIR) market was valued at USD 5901.08 million in 2021 and is predicted to grow at a CAGR of 6.25% during the forecast period, reaching USD 8491.37 million by 2027

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8Solvay announces the move of its headquarters from Neder-over-Heembeek to a new facility in Brussels with high-performance infrastructure, particularly planned and equipped to house the Group's R&I and administration activities

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GNVFCL is a manufacturer of fertilizers, chemicals, petrochemicals, and industrial products as well as providing IT/ITES services
8Find out about the procurement tendering details

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8Get the latest rubber prices for Singapore

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8The spot resin markets were a little sluggish on Tuesday to kick off the new year, but activity picked up during the week. Restrictions on supply, an uptick in attitude, and rising monomer costs, notably PGP, all contributed to the first increase in resin pricing in months

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8Get the most recent information on the textile and apparel industries of India

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8After integrating adjustments proposed by the RoDTEP Committee in connection to apparent mistakes and anomalies in the previously published RoDTEP rates/caps, the updated Appendix is being notified and will be applicable for exports made from 16.01.2023 to 30.09.2023

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8Get the most recent information about the schedule of the exhibitions

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8By 2030, Asia will have added 60% of the world's capacity for the ethylene sector as a result of new construction and development projects between 2022 and 2030

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8The company is far ahead of its competitor with a large manufacturing capacity of 2.6MMT, a diversified portfolio of over 1,500 SKUs, and a huge distribution network of over 800 distributors as of FY22

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8With an unchanged fair value of RM9.94 per share, pegged to an FY23F EV/EBITDA ratio of 8x (at parity with its 2-year average), and a premium of 3% premium for 4-star ESG rating, maintains a recommendable BUY for Petronas Chemicals Group (PChem)

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It is arguably the biggest hydrogen tender in the country
8And bidders are getting frustrated with the delay involved in its processing
8But there is good news around the corner
8There is another tender expected from the owner as well

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What are the latest technological changes in hydrogen production?
8It is a rapidly developing field and choosing the wrong at this juncture can be costly for developers
8Also get a presentation here on what the latest incentives for the hydrogen sector really means

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8This oil & gas company has put price bid opening on hold if some conditions are not met

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Energy Saving-cum- Ammonia-Urea Expansion Project
8Cost: 540 Cr.
8Project Event: The project has been commissioned in November 2022, to implement this project, the plant which produces urea and complex fertilizers was shut down between June- September 2022, Post commissioning, the Ammonia production is set to up by 25 % coupled while per tonne urea production energy consumption will be down by about 10-12 %.
DAP/NPK Fertilizer Greenfield Project
8Cost: 1400 Cr.
8Project Event: The project has elicited approval from the board, The RFQ for PMC as well as the EPC contractor is likely to be released in Q1 2023-2024

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8Bokaro - Angul Gas Pipeline Project (GAIL)
8Greenfield POL Terminal at Hinauti (IOCL)

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Rs 11030 crore greenfield pump storage project: HM works coming up
8Forest clearance for stage 1 and stage 2 has been granted by the DFO.
8Bid evaluation is in progress for the EM package.
8RFQ for the civil and HM works package is likely to be floated in Q2 2023
Rs 442 crore greenfield hydroelectric project: RFQ ahead
8Forest clearance stage 1 is under process at the nodal office
8Private land acquisitions are in progress and it is in an advanced stage for completion.
8RFQ for the civil work package is likely to be floated by March 2023.
Get in touch with us for more on these projects

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Jan 11, 2023: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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A cut in butyl acetate prices in the imported market of Hazira was noticed on January, 2023.

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Pendimethalin 38% c.s prices have witnessed a sharp fall in the Delhi market.

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A steep rise in demand has lifted atrazine  prices in Delhi.

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On January 11, 2023, glyphosate 71% prices were pushed higher in the Ahmedabad market.

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On January 11, 2023, Petrochem sources reported a fall in phosphorus acid prices in the Mumbai market.

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Soap noodles 80:20 prices firmed up in Ahmedabad in anticipation of tight regional product availability and improved buying sentiments.

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A significant cut in palm kernel oil (CPO) prices in Delhi was recorded today.

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