News & Bulletin Updates

8We provide chemical prices in India, divided in terms of bulk, retail and repack prices
8Get today's chemical price matrix for the entire country

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8Texas freeze to squeeze out 10-14% of US PE production
8Plants facing challenges in sourcing raw materials

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8ENEOS signs MoU with Saudi Aramco
8Efforts to develop hydrogen production, transport and sales businesses

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8Giants join hands to come up with solutions for electrically heated steam cracker furnaces
8Project aims to reduce CO2 emission

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8The award is in recognition for Tata’s tech advancement in Nano Zinc Oxide (nZnO)
8nZnO helps to deliver sustainable and transformative customer products

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8Maiden carbon-neutral container liner to be powered by methanol
8Aims for a net-zero CO2 emissions fleet by 2050

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8An AA rating has been awarded to Phillips Black Carbon Limited
8Rating reveals PCBL’s improvement in sales and cash flows

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8Output fell as winter storms disrupted chemical production
8Largest declines were felt in the petrochemical, organic chemicals and plastic resins

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As a part of the government’s initiative to increase the production of ethanol in the country, IOC is planning to build two 2G refineries.

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8Two Industrial giants signs MoU to develop hydrogen-based green projects

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8The Fertiliser Ministry has hiked the maximum limit for purchase of subsidised fertilisers by six times

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8Two Rock Phos shipment is coming up on 27 & 28 March 2021
8One Sulphuric acid shipment is coming up on 28 March 2021

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A container ship blocking the Suez Canal like a "beached whale" sent new shockwaves through global trade on Thursday as officials stopped all ships entering the channel and the salvage company said it may take weeks to free.

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Crude oil producers from Europe, Africa and the United States faced difficulties selling to Asia, especially China, as buyers took cheaper oil from storage while refinery maintenance has reduced demand, industry sources said on Thursday.

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Tensions this month between India and Saudi Arabia over rising oil prices have underscored the growing importance of the bilateral relationship and its potential to generate conflict as well as cooperation.

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Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: The evaluation is still ongoing, the proposal for the environmental clearance is likely to be granted in April 2021
NPK Fertilizer Expansion Project   
8Cost - Rs 190 crore
8Project Event: The project has been elicited environmental clearance in September 2019

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On March 26, 2021, moderate buying activities were reported by our Petrochem analysts in the polymer markets of Ludhiana.

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The international crude oil price of Indian Basket was quoted at around $62.12 per barrel on March 26, 2021.

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Sulphuric acid prices have increased in the Ahmedabad market today.

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On March 26, 2021, caustic soda flakes prices went down in the domestic market of Delhi.

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On March 26, 2021, styrene monomer prices were assessed lower in the Kolkata market.

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BDGE prices went down in the Mumbai market today.

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On March 26, 2021, MIBK prices drifted lower in the imported market of Chennai.

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On March 26, 2021, ethanol prices increased in the Delhi market.

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A producer from the Middle East is heard to have offered its China origin HDPE Blow Moulding grade in India.

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