News & Bulletin Updates

8A tender for the procurement of chemicals for phosphate coating  is coming up

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State-run oil companies will now have some room to cut domestic fuel prices as international crude oil rates have slumped 10% in about a fortnight.

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Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to USD 1.82 next week while the same for difficult fields like one operated by Reliance-BP may fall below USD 4, sources said.

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India's Mangalore Refinery and Petrochemicals Ltd has bought its first ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday.

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After power, the country's oil sector PSUs would now float an infrastructure investment trust (InvIT) as part of the asset monetisation exercise announced by the government and mobilise resources for fresh capital investment.

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8One ammonia shipment is coming up on 27 March 2021
8One Phos acid shipment is coming up on 28 March 2021
8One Sulphuric acid shipment is coming up on 3 April 2021

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NPK Fertilizer Greenfield Project 
8Cost - Rs 1517 crore
8Project Event: Still, the internal discussion is ongoing between the JV for the hiring of the LSTK contractor, RFQ for the LSTK contractor is likely to be re-release in May 2021

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8Shree Pushkar Chemicals & Fertilisers Limited has got itself a ratings upgrade

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8Two of the world's largest companies have tied up to develop Green Hydrogen Projects in India

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Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to $1.82 next week while the same for difficult fields like one operated by Reliance-BP may fall below $4, sources said.

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HPL is in plans to shut its PP and PE plants for a maintenance turnaround.

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RIL is in plans to start maintenance at its LDPE plant.

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Exxonmobil is in plans to shut its Boltek refinery as part of its massive maintenance programme.

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An increase in PVC imported and RIL K6701 grade prices has been noted on March 24, 2021.

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On March 24, 2021, the purchase trend for EVA Increased by Rs.3-4/kg in the polymer markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad.

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On March 24, 2021, the purchase trend for PBT decreased by Rs.2-3/Kg in the polymer markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad.

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Price changes in the Bangalore polymer market have been reported by our analysts.

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Price changes in HDPE and LLDPE in the Hyderabad polymer market have been reported by our analysts.

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On March 24, 2021 Petrochem analysts reported price changes in HDPE and LLDPE in the Jaipur polymer market.

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On March 24, 2021, phenol prices drifted down in the domestic market of Mumbai.

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On March 24, 2021, MEG prices were assessed lower in the Ahmedabad market.

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On March 24, 2021, VAM prices went down in the imported market of Mumbai.

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Prices for MDC have been revised by GACL.

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On March 24, 2021 ABS (MIF45) price increased in the Mumbai market.

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On March 24,2021 ABS (920) prices were assessed lower in the Mumbai market.

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