News & Bulletin Updates

Mar 06, 2023: Briefs

8New GOI Nominee Director Appointed on the Board of Madras Fertilizers Limited. Click on Reports for more
8Fertilizer company amalgamates a subsidiary. Click on Reports for more.

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The "Climate-Smart" Villages project in Madhya Pradesh was concluded in 2022
8Farmers believe that the project should have been continued as there were many takeaways.
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Here is a bio-fertilizer company which has been able to establish a pipeline of products
8It has established a technologically innovative process to move through various stages from idea to proof-of-concept to validation and scale. Target support at each of these stages helps to de-risk the path of innovation and eventual commercialization.
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8There is a global programme on improving nutrient uptake efficiency and reducing risk of nutrient losses
 You can join in
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India is always a hard bargainer when it comes to clinching DAP deals
8A tender and a few private deals have pushing price levels down
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Ammonia Urea Browfield Project
8Cost: Rs 6000 crore
8Contracting is still going on
Sulphuric Acid Greenfield Project
8Cost: Rs 200 Cr.
8Project Event:The internal discussion is ongoing, RFQ for the Technology licensor as well as LSTK contractor is likely to be released in May 2023. The Company has obtained the environment Clearance in January 2022.

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8Augmentation of Salaya - Mathura Crude Oil Pipeline
8HPCL Raipur Terminal Augmentation
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Get the best refinery safety practices for refineries belonging to the following companies
8RIL (refinery & tankage)
8HPCL
8IOCL (general presentatjon, Pradip refinery, Halida case study)
8EIL's viewpoint
8BPCL (three presentations)
8OISD (viewpoint, common audit objections)
8MRPL
8Nayara
8CPCL
8HMEL
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Rs. 4542 crore greenfield pump storage project: PFR prepared
8Capital approval of the project has been granted by the state cabinet committee.
8DPR consultant has been selected.
8RFQ for the EIA / EMP package is likely to be floated in Q2 2023
Rs. 2883 crore greenfield hydroelectric project: HM package ahead
8A public hearing has been completed.
8Construction of the approach road to the dam site has been completed.
8Bid evaluation is in progress for the civil works package.
8RFQ for the HM works package is likely to be floated in May 2023
Rs. 4101 crore greenfield pump storage project: RFQ ahead
8Capital approval of the project has been granted by the state cabinet committee.
8TOR of the project has been granted.
8RFQ for the EIA / EMP package is likely to be floated in Q2 2023
Get in touch with us for more on these project.

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There is some churning going on between them and the buyers of gas
8Can gas buyers wriggle out of a bad deal?
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8The WDK, Germany's rubber industry group, has backed demands for EU authorities to expedite the implementation of regulations governing access to in-vehicle data. In a recent joint statement with a number of German automobile industry organizations, Frankfurt-based WDK said the lengths/delay had placed 'sector-specific' legislation "in danger of failing".
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8Dr Ketan Joshi has been named President of BASF's Intermediates Division in Germany, beginning March 1, 2023. Dr Joshi formerly served as Senior Vice President, of Petrochemicals Asia Pacific, at BASF East Asia Regional Headquarters Ltd. in Hong Kong.
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8A free webinar titled "The ABCs of RDC: Rubber Dispersion Chemicals" will be presented on 30th March. This live event will also feature a novel halogen-free flame retardant that gives compounders a safer and healthier alternative to conventional technologies.
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8India's output and consumption of finished steel both decreased from January to February, and yet the nation continued to be a net importer of steel for the fifth consecutive month. Provisional figures show that production of finished steel decreased by 7.9 per cent on a monthly basis to 9.87 million tonnes in February, but was 2.9 percent higher on an annual basis. Alloyed and non-alloyed steel make up finished steel.
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8An app has been released by the Indian B2B platform OfBusiness to assist small enterprises in obtaining financing and raw materials. With the app, micro, small, and medium-sized businesses (MSMEs) may buy goods, handle orders, follow shipments, and compare rates with suppliers all over India.
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8The market for steel rebar reached a value of more than $198.7 billion. The anticipated market size of about $ 292.75 billion by 2029 indicates that the industry will experience tremendous expansion during the next years.
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8Get the latest steel company filings here in order to stay up to date with what is happening.
 8Shyam Century Ferrous Ltd.
 8Mideast Integrated Steels Ltd
 8Bekaert
 8Eagle Bulk
 8Taparia Tools Limited
 8Jai Balaji Industries Ltd.
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8Japanese rubber futures dipped on Friday as decreasing oil prices discouraged producers from transitioning to natural rubber. A stronger yen made the product more expensive for customers using other currencies.
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8The government's holdings in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company will be sold by the Iran Privatization Organization (PGPIC).
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8Kawasaki refinery is the largest refinery in the ENEOS Group, with one of the highest refining capacities In the country. It also has Japan's largest fluid catalytic cracking unit (FCC) and the nation's only resid hydroconversion unit (H-OiI).
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8The US$6.7 billion Liwa Plastics Industrial Complex (LPIC), which is slated to start production later this year, is one of Oman's integrated global energy corporation, OQ's, most audacious projects to date. The Sultanate will be firmly established on the world petrochemicals map owing to this game-changing initiative will also increase OQ's GDP contribution.
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8The aim is to optimize its next-generation chemical recycling platform and to accelerate the company’s path to commercialization.
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8This acquisition will boost Neogen's portfolio by offering organolithium derivatives to existing pharma and agrochemical industries.
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84000 MT of Liquid Anhydrous Ammonia is needed. The bidders who are interested to participate in the tender can find more information below.
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8Solvay has reached an agreement with its joint venture partner Sibur to sell its 50 per cent ownership in the RusVinyl joint venture for about €430 million. The deal is scheduled to be completed by the end of the first quarter of 2023.
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