This company has set up a PP plant
8And it is at full output, hitting record production, and yet it is not thinking of an expansion
8That is counterintuitive.
8Why is that? Are there are lessons to be learnt for those diving headlong into new PP Plants?

An aromatic complex with a refinery provides the owner with a lot of play
8For one, it has been comprehensively proven that the ROI is higher than regular refinery products
8This is even when you are not producing what you were meant to produce
8There are also easy opportunities for value addition too by setting up more downstream speciality chemical units.

In a rare deviation from standard PSU procurement norms, ONGC has awarded long-term contracts at differing rates to multiple bidders
8This bypasses the customary requirement for all technically qualified bidders to match the lowest (L-1) rate.
8But did E&P major really break the norm?

8A major O&M contract for shows just how specialized and expensive it is to run oilfield rigs—complete with IWCF-certified drillers, AC/DC-SCR experience, and 24x7 operations.
8And how fiercely competitive the Indian rig services market has become, with less than 8.3% separating the highest and lowest bids.

Indian gas buyers are always finding stability in long LNG deals
8The cargoes come at a steady pace and there is price certainity
8Spot deals do not provide that.
8But the point to note is that spot is not always bas. For now, LNG arbitrage seems to have weakened for US LNG
And spot prices are lower than long term cargoes

8The refinery cost has gone up

8The recent SC judgement is a double edge sword in the $2.81 billion award for the combine

Full-year upstream EBITDA plummets 52% even as oil prices hold up, indicating deeper structural stress.
8Over Rs 9000 crore invested but output keeps falling
8And Rajasthan wells run dry as Vedanta’s oil output plunges to five-year low

8Dioctyl Adipate (DOA) prices witnessed an upward trend today at the Mumbai market

8The Delhi chemical market has recorded a modest yet notable rise in Polyethylene Glycol 400 (PEG 400) prices, driven by a blend of local demand-supply imbalances and global cost pressures

8Styrene-Acrylic Latex prices in Delhi chemical market witnessed a significant decline today

8Prices of Pure Acrylic Emulsion (Grade 55%) have registered a notable increase in the Ahmedabad chemical market this week, marking the end of a prolonged period of price stability

8In the Delhi plastic market, the price of ABS Grade 920 (produced by SIL) witnessed a Rs.1/kg increase today

8Today reflected a downward movement in PS (GPPS) prices within the Mumbai petrochemicals market, indicating a shift in market trends

8A drop in demand has pushed LDPE (16MA400) prices down in Delhi

8Liquid alkali prices in the Delhi market were quoted lower today

8The Mumbai market witnessed a sharp decline in Superabsorbent Polymer (SAP) prices today, reflecting an ongoing supply glut and weak demand from key downstream sectors

8Formic acid prices in the Mumbai market were sharply up today

8How much have the prices of alcohol products changed since yesterday? Find out

8Compare prices to identify any changes

8Find out the most recent prices for Caustic Soda Lye and Caustic Soda Flake

8Analyze the price fluctuations in the Indian domestic market over the past day to determine the magnitude of any change

8Find out the latest prices of Ethylene Dichloride/ Purified Terephthalic Acid (PTA)/ Acrylonitrile and Caprolactam

8Track the domestic prices and identify if there are any changes today

8Supreme Petrochem has announced a revision in its PP prices