News & Bulletin Updates

Petrochem sources from Mumbai have reported a huge rise in acrylonitrile prices.

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Acetic acid prices have escalated in the Mumbai market today.

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 Ammonia-Urea Brownfield Project
 
8Cost: 6000 Crore
 Tendering is still on
 
Phosphoric acid Expansion Project
 
8Cost: 500 Cr.
 Bidding has taken place but financial bids are yet to be opened
 Click on Details for more

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Project Name: Sitarganj LPG Bottling Plant (IOCL)
8L&T is the EPCM, but work has been delayed by Lloyd Steel now
Project name: Vizag Terminal Project (IOCL)
8Commissioning delayed
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Swan Energy's LNG project is Jafrabad is stuck for now. And the reason is not because its FSRU has loaned to Turkey for 10 months
8Find out is the reason
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8Project Name: Malappuram District City Gas Distribution
8Project Cost: Rs 340 crore.
Click here for more details

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8Project Name: Jalore and Sirohi Districts City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details.

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Pushing gas out of CBM blocks is never an easy job.
8And who knows it better than those who have been in the business, like RIL
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8After the LNG terminal in Dhamra, IOC has entered into another take or pay deal with the Adani group
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Feb 14, 2023: Daily import matrices

Get the daily updates for
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update
Click on Reports for more

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Feb 13, 2023: Air-free concept tire

8Bridgestone is testing an airless concept tire on an ultra-compact electric vehicle (EV) operated by Japanese petroleum firm Idemitsu Kosan as a mobile vehicle on the grounds at its Chiba facility in Japan, with the goal of further developing the tire in the near future.
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8Bridgestone India is spending INR6.2 billion in its passenger vehicle tire factory in Pune. When completed, the investment is estimated to increase the plant's output capacity by 10-12%.
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8The company has reiterated that the company's ongoing process to exit Russia is not impacting its plans to build the plant.
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8The installation of reactors for the second and third processing lines are currently under construction.
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8Political parties in Kerala have offered assistance in an effort to profit from the farmers' plight caused by the decline in natural rubber prices.
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8The company reported the highest-ever standalone crude steel production for the month of January 2023 with a growth of 15% YoY on a standalone basis.
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8It is the world's first large-scale chlorine manufacturing facility based on Covestro and its partners' ODC (oxygen-depolarised cathode) technology.
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8For the injection molding of an automotive light guide element, the new patent- pending CTC gate insert provides optimum properties. It is made of steel with mechanical properties and wear resistance.
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8Due to the upcoming competitive climate for the spun-bond business sector in Asia, Japanese companies Asahi Kasei and Mitsui Chemicals have decided to combine their spun-bond nonwoven operations in a new joint venture, starting in October 2023.
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8The Rusvinyl PVC plant is said to use cutting-edge European technologies that assure the necessary range of PVC with low process costs. Its annual capacities are 300 kilotonnes of PVC-suspension, 30 kilotonnes of PVC-emulsion and 225 kilotonnes of caustic soda
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8They would manufacture biomass styrene monomer derived from biomass naphtha and acrylonitrile butadiene styrene (ABS) resin made from that monomer.
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8The continuous chemical recycling process to recover monomers (building blocks for the plastic value chain) with ultra-high levels of purity from sorted plastic waste, particularly Polymethylmethacrylate (PMMA, commonly known as plexiglass), has reportedly been licensed by Maire Tecnimont of Italy to its subsidiary NextChem and Biorenova.
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8Toray Iindustries, will increase the annual production capacity for Torelina polyphenylene sulphide (PPS) resin by 5,000 tonnes at its plant in Korea.
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8German tech firm Merck has broken ground for a new production facility in its semiconductor solutions business. The site, which covers an area of 150,000 sq m will produce specialty gases and semiconductor materials for thin film and patterning solutions as of 2025.
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8Kraiburg TPE’s recent sustainability innovations include a specially developed material solution for automotive, consumer, and industrial applications comprising post-consumer recycled (PCR) and post-industrial recycled (PIR) content.
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