News & Bulletin Updates

Reliance Industries Limited (RIL) is heard to start new Para-Xylene (PX) plant, at Jamnagar, in Gujarat, in the end of year Read more

China based Sinopec Yangzi Petrochemical is heard to restart its Linear Low Density Polyethylene (LLDPE) plant, at Nanjing p Read more

OPEC daily basket price on August 26, 2015 was assessed higher at $40.51 per barrel as compared to the price $40.47&nbs Read more

Uzbekistan is going to introduce excise duty on Low Density Polyethylene (LDPE) from September 01, 2015, after Uzbekistan Read more

Haldia Petrochemical Limited (HPL) has announced unchanged price revision for Polyethylene (PE) and Polypropylene (PP).

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Hindustan Mittal and Energy Limited (HMEL) has announced unchanged price revision for Polypropylene (PP).

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On August 26, 2015 Reliance Industries Limited (RIL) has decided not to change in basic price of PE, PP and PVC.

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The International crude oil price of Indian Basket was USD 42.63 per barrel on August 26, 2015. This was higher than the pri Read more

The rupee recovered by 26 paise to 65.88 against the US dollar at the Interbank Foreign Exchange market in early trade today Read more

Aug 27, 2015: IOCL slashes PE price

Indian Oil Corporation Limited (IOCL) has announced downward price revision for Polyethylene (PE) with effect from A Read more

Aug 27, 2015: IOCL reduces PP price

Indian Oil Corporation Limited (IOCL) has announced downward price revision for Polypropylene (PP) with effect from August 2 Read more

Aug 27, 2015: MRPL drops PP price

Mangalore Refinery and Petrochemical Corporation has announced downward price revision for Polypropylene (PP) by Rs 3.20/kg Read more

The International crude oil price of Indian Basket was noted at around USD 42.59 per barrel on August 25, 2015. This was low Read more

India's Mangalore Refinery and Petrochemicals Ltd will shut at least 46 per cent of its crude processing capacity for ab Read more

The International crude oil price of Indian Basket was noted at around USD 47.98 per barrel on August 18, 2015. This was low Read more

The Indian rupee has touched a fresh two-year low in early trade Today. It has opened lower by 10 paise at 65.40 per USD on Read more

Thailand based TPI Polene offers Ethylene Vinyl Acetate (EVA) to India  

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Aug 17, 2015: INR/USD Update

The Indian Rupee closed weaker at Rs.65.22 per USD on August 17, 2015 as against ...................

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BPCL’s BPREP Heat Exchanger Tender Sets ‘Zero Deviation’ Tone: But Payment Ladder, NDA Gatekeeping Raise Eyebrows
8EIL’s limited-bid heat exchanger tender for BPCL’s Bina Petchem project leans on tight timelines and stringent compliance, with layered payment triggers and NDA-based access control that may test bidder appetite.
Shut at Any Cost: IOCL Demands 24x7 Compliance for Haldia Shutdown
8With mandatory holiday work, phased site access, and tight PF/ESI reimbursement caps, IOCL's contract assumes 100% contractor liquidity.
IOC R&D Faridabad Tender Tightens Controls for Approval-Based Consultancy
8IndianOil’s custom bid for Fire NOC, Building Plan & OC liaisons features rigid compliance, no startup relief, and detailed risk backloading — raising thresholds for newer players amid legacy-heavy structure.
NRL Tightens Technical Gate: No Turnover or Experience Relaxation in Consultancy Tender
8NRL’s latest consultant tender for technical services at its Numaligarh refinery bars exemptions for startups and MSEs on key PQ norms, imposes strong proof-of-delivery mandates, and links payment to man-hour validation—shifting operational risk firmly onto bidders.
BPCL’s EIA Tender for SAF & Sulphuric Acid Units Loads Consultants with Deep Compliance Risk
8BPCL’s Kochi Refinery has floated a twin-package consultancy tender for EIA, QRA/RRA, and EC clearance support for its upcoming Sulphuric Acid (500 TPD) and SAF (41 TMTPA) units—but the contract structure heavily frontloads deliverables while backloading payments, creating a high-compliance, low-cashflow environment for bidders.

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On December 23, 2022, acetonitrile prices were pushed significantly higher in the Kolkata market.

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A significant fall in acrylonitrile prices in the imported market of Ahmedabad was recorded today.

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A sharp fall in acrylonitrile prices in the imported market of Mumbai was recorded today.

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Petrochem sources from Delhi have reported a huge rise in formaldehyde prices.

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MMA prices firmed up in Kandla in anticipation of tight regional product avails and improved buying sentiments.

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Petrochem sources reported a significant fall in toluene prices in the Ahmedabad chemical market.

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