News & Bulletin Updates

8China Synthetic Rubber Corp. (CSRC) is adjusting its carbon black production network to compensate for the year-end closure of a facility in the US
8The Phenix, Alabama facility had not met regulatory upgrade requirements to reduce emissions from the site

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8The deal will fund the expansion of Nexus's pyrolysis operation for plastics recycling
8Future plans include an additional US facility and the goal of increasing capacity to process 250 million lb/yr

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The fertilizer industry is in the throes of dramatic change
8It is also the biggest buyer of gas
8And these changes will dramatically impact the gas industry in India too

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8The Mumbai-Nagpur-Jharsuguda natural gas pipeline of GAIL is unlikely to meet its deadline
8Find out what is the latest on it

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GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost: 48 Cr.
8Project Event: The company is still talking with a local contractor, which is likely to be finalized in March 2023
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project EventRFQ for the ammonia storage tank with associated facilities has been re-released,  and the bid due date has been extended from 16 Dec 2022 to 13 Jan 2023, due to lack of bidders. In the previous RFQ, Vijay Tank was in the race

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Rs 3371 crore greenfield pump storage project: Civil work package coming up
8Forest clearance stage 2 is pending at the DFO.
8TEC of the DPR has been approved.
8RFQ for the civil works package is likely to be floated in March 2023.
Rs 11550 crore greenfield multipurpose project: PMC package ahead
8The project has been delayed for several years due to multiple issues.
8SIA work is yet to be started.
8RFQ for the PMC package is likely to be floated in Q2 2023.
Get in touch with us for more on these projects

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Jan 09, 2023: Daily import matrices

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8Chemicals
8Crude
8LNG
8Fertilizers
8Coal-Coke
8Crude Oil-CPP
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Isoprene rubber grade SKI-3 prices haver gained in Mumbai.

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Molybdenum oxide prices were assessed lower in the Delhi market today.

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A significant fall in PC (autopart scrap) prices in the Delhi recycled market was reported by Petrochem sources today.

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Improved buying trends have led to an increase in ABS (article lumps scrap) prices in the Mumbai recycle market.

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On December 9, 2023 Petrochem sources reported a significant fall in refined palm wax prices in the Mumbai market.

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A weak demand has resulted in a cut in glycerine CP prices in the Ahmedabad market today.

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Bright aluminum prices were quoted lower in the Delhi metal market today.

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Silver prices in the Mumbai market witnessed a huge rise today.

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Rhodium prices firmed up in Mumbai in anticipation of tight regional product availability and improved buying sentiments.

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A gain in zinc oxide prices was noted today in the market of Mumbai.

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On January 9, 2023, Petrochem sources reported a fall in chromium metal prices in the Mumbai market.

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Electrolytic manganese prices have improved in Delhi.

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Ferro silicon prices were assessed lower in the Mumbai market today.

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On January 9, 2023, Petrochem sources reported a fall in tetrachloroethylene prices in the Mumbai market.

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22% nickel sulfate prices have recovered in the markets of Delhi and Ahmedabad.

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An elevated trend in prices is noticed in styrene-butadiene rubbergrade 1712 prices.

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On January 9, 2023, indium ingot (99.95%) prices were pushed much higher in the Ahmedabad and Delhi  markets.

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A cut in phenol prices in the imported market of Kandla was recorded today.

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