News & Bulletin Updates

8The Mumbai plastic raw material market has witnessed a slight but steady rise in Agricultural Mulching Film (Grade 25 Micron) prices

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8Tetrahydrofuran (THF) prices in Mumbai witnessed a rise today, indicating potential stability in the market for this important industrial chemical

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8The Ahmedabad chemical market is witnessing a significant fall in prices of adipic acid, a key raw material used in diverse industries such as nylon production, polyurethane, plasticizers and coatings

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8The domestic market for propylene in Ahmedabad (H100EY) experienced a price movement today

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8Prices of Polyethylene Glycol 600 (PEG 600) have moved downward in the Mumbai chemical market

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8The domestic Hydrogen peroxide market in Delhi has witnessed a cut in prices today

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8Caustic soda flakes prices in the Delhi market are moving up, offering a minor but noticeable relief to industries reliant on this chemical

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8Over 300 firms from 18 nations join in New Delhi
8Event runs Sep 11–13 with focus on fabs and supply chains
8AGC to showcase glass, fluoropolymer, and SiC tech

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8Korea orders plant-by-plant ethylene cut targets
8Shareholders must inject fresh equity before any state aid
8Banks will support only credible self-rescue plans

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8A new study signals strong growth ahead
8Cabot, Birla Carbon, and Evonik lead the pack
8Expansion is forecast through 2025–2032

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8Specialty chemicals posted double-digit growth
8But phenolics dragged margins, cutting profit 12% to Rs 214 crore
8Revenue rose 8% year-on-year to Rs 2,117 crore

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Thermocool has rolled out a new logo and packaging design
8The refresh gives appliances a modern, consumer-friendly look
8It aims to boost brand visibility and recall in a crowded market

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8Net profit hit Rs 25 crore on the back of 15% revenue growth
8A new Ambernath plant lifted capacity to 1.2 lakh TPA
8Management sees order boost in textiles, FMCG, and oil & gas

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8All resolutions sail through at 57th AGM
8Dividend for FY 2024–25 approved
8Board reappointments were confirmed

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8Replacing corroded steel consumes up to a third of annual steel output
8The climate cost is heavy, adding 1.6–3.4% to global CO? emissions
8Scientists meet in Norway this September to align corrosion science with climate goals

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8Visakhapatnam international airport (Bhogapuram) petroleum & petroleum product (ATF) pipeline (Corrigendum-5) [PNGRB]
8Sardar Vallabhbhai Patel international airport petroleum & petroleum product (ATF) pipeline (Corrigendum-2) [PNGRB]
8Annual report 2024-25 [Aban]
8Voluntary winding up of Reliance TerraTech Holdings LLC [RIL]
8Saksham Niveshak 100 days campaign: update KYC & claim your dividends (July 28–Nov 6, 2025) [Petronet]
8Supreme court upholds APTEL ruling in TSPL case [Vedanta]
8Govt response on 20% ethanol blending in petrol and its impact [MOPNG]

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8What the company is looking for now is to have its teeth into the entire workflow of the project on its own
8This will make the entire project more manageable

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8There is a new trend wherein the entire safety, modelling, and assembly work is shifted to vendors.
8It marks the growing complexity of PPU auxiliary packages in India, not a one-off.
8It will limit bidder field to larger OEM-integrators who can handle multidisciplinary risk.

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8With O&M history, financial thresholds, and third-party verification made mandatory, PLL is testing whether India’s biomass EPC sector can scale up to LNG-style accountability.

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8Find out how procurement control is back to ONGC while narrowing vendor margins.

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8Wants interpretation of fresh data

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8This is not a standard “design job” but a regulatory assurance and quality gatekeeping role.
8The owner is essentially hedging against the EPC vendor’s design/safety risks by appointing an independent consultant.
8It also reflects the experimental nature of H? fueling, where international codes must be integrated into Indian PESO norms.

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8AI-driven 3D content, gamification, and cloud-hosted delivery
Will it really work?

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OIL India tightens pipeline RoW patrolling norms with GPS mandate and penalty-heavy contract
8Oil India’s new three-year RoW patrolling tender for 137 km of pipeline comes with GPS tracking, stiff manpower penalties, and mandatory social insurance coverage.
8While enhancing oversight and compliance, the contract shifts operational and cashflow risks squarely onto contractors.
Merger clause alters GSPC rig tender
8GSPC’s 100T rig tender for Ankleshwar P&A jobs embeds an unusual novation clause—contracts will shift to Gujarat Gas post-merger, adding counterparty and payment risks for contractors even as the scope remains standard.
Security tender narrows field: harsh risk terms disqualify Khyatishield, favor big players
8With rigid mobilization timelines, strict replacement rules, and no relief on penalties, ONGC’s security tender tilted toward established firms like SIS and Checkmate, leaving smaller entrants sidelined.
OIL India’s Mahanadi Basin tender opens door to smaller bidders with relaxed PQC, but risk shifts to contractors
8Oil India’s Rs.58.31 lakh turnover relaxation expands bidder eligibility, favouring MSMEs like Purbanchal and Poly Drill.
8Yet, a binding 25% option clause leaves contractors exposed to uncertain execution costs.
ONGC’s hydraulic lab tender: strict specs and rigid timelines raise risks for smaller bidders
8With ONGC refusing delivery relaxations and sticking to stringent PBG/warranty terms, smaller bidders like CHV Solutions and Himnish Ltd face cost, cashflow, and qualification hurdles, tilting the tender in favor of larger players.

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