News & Bulletin Updates

Jun 14, 2022: Market overview

Get the market outlook here for Asia for
8Toluene
8MTBE
8Methanol
8Propylene
8PP
8R-PET

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The South Korean truckers strike is really taking a toll now
8And unless it is resolved, it will have serious all-around implications

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There is very bad news about Deepak Nitrile
8Find out what the implications are

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8Covestro has given its CEO a great deal to stay on

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8Why are carbon black producers feel that there will be some "incredible pricing opportunities" for the next few years?

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8This major car maker is now looking at putting in responsible natural rubber sourcing clause in purchase contracts

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8Zeon Corporation has announced that it plans to sell synthetic rubbers and latex at higher prices from next month

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8This company has developed a new conveyor belt for high heat applications

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8Tega Industries is having an analyst meet

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8Private bank roped in as official banker for Rubber e-platform

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8Rubber prices in Singapore

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8LG Chem announced that it has signed a Letter of Intent (LOI) with GS EPS, South Korea's leading green energy supplier, to collaborate on a biomass-based eco-friendly energy project

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8Evonik said it is building a new, highly flexible, global-scale production facility for pharmaceutical lipids in the United States

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Diach Chemicals & Pigments Pvt Ltd has a manufacturing unit of lead alloys and lead-based products such as red lead, refined lead, antimonial lead and grey oxide.
8How is the company doing?

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8Bhaskar International Pvt Ltd is engaged in the manufacturing and trading of gunny bags and PP woven fabric bags
8But why the company refusing to cooperate with its rating agency?

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8SABIC has joined an innovative project with value chain partners to help UPM Raflatac launch the world’s first packaging label materials made from SABIC certified circular polypropylene (PP) based on advanced recycled ocean bound plastic (OBP)

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8This global manufacturer is hosting a “Manufacturing with Silicone Rubber,” workshop for fabricators from August 22 to 25, 2022. This four-day course includes two days of classroom-style instruction and two days of hands-on learning

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8There is a requirement coming up for PP process colour (red, blue, green)
8The quantum needed is 10000 kg

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8After continuous increases, rubber and rubber related prices may have peaked

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8The search for a new ONGC chairman has been set in motion after a long hiatus
8But that process has left some miffed

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DAP/NPK Greenfield Project
8Cost: 300 Cr.
8Project EventPDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned. The Feasibility study is still ongoing, which is likely to be completed in Q2 FY 2022-2023. RFQ for the LSTK contractor is likely to be released in Q2 FY 2022-2023.
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project Event: RFQ for the ammonia storage tank with associated facilities has been re-released, and for which bid due date has been extended from 9 June to 8 July 2022 due to lack of bidder. In the previous RFQ, Vijay Tank Was in the race

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Rs 323 crore 400 kV SC line to DC line with QUAD Moose ACSR
8
Detailed engineering was completed for S/S.
8Forest clearance stage is yet to be granted.
8EPC package for T/L works is likely to be floated in Q3 2022.
Rs 2000 crore greenfield hydroelectric power project
8PPA was signed with the government.
880% of the total land acquisition was completed.
8EPC package for civil and HM package is expected.
Rs 12000 crore brownfield super-critical thermal power project
8BOP works are in the active phase of construction.
8Construction works were delayed due to the slow progress of sub-contractors detailed design and engineering.
8RFQ for the absorber system package is likely to be floated in Q3 2022.
Rs 3000 crore greenfield hydroelectric project : RFQ Ahead
8EIA/EMP study is in progress and it is in an advanced stage for completion.
8Preparation of DPR was completed and it was approved.
8PMC package is likely to be floated in August 2022
Get in touch with us should you need more information

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8Project Name: Daman District City Gas Distribution
8Project Cost: Rs 250 crore
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8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore
Call up our sales team to get access

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Jun 14, 2022: Shipments Update

8One Sulphuric acid shipment is coming on 22 June 2022
8Two Urea shipment is coming on 14 & 15 June 2022
8One Rock Phos shipment is coming on 15 June 2022

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