News & Bulletin Updates

Cellulosic ethanol has been 5 years away for decades.
8The technology however never really matured and while a host of projects were announced by the oil majors, they never really took off
8But this time it may be different.
8Find out why that is so
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In a crucial LNG terminal, L&T has slipped up on its work
8And timelines have got extended by six months, much to the consternation of the owner
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Petrochem sources reported a significant fall in chlorpyrifos 97% prices in the Mumbai chemical market.

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Integrated drilling services require a lot of sophisticated consultations between the bidder and the operator.
8Drilling continues to remain an inexact science even now despite the improvements in technology, and all conditions will have to be taken into account by the bidder while doing a complete drilling job
8In one sense, the operator is transferring some of his own risks to the bidder when looking for an integrated job.
8Cairn India had been doing this jobs and complications have often arisen between the service provider and the operator.
8Here is another company trying to repeat the same process and now it is in the midst of answering all the queries.
8Normal rig owners will not have the technology to bid for such work and it will have to be the multinationals who have everything, including all the tools under one window, who will be able to execute it.
8Normally bidders are reticent to try out this new model with all and sundry, for when complications arise, payments can become a problem.
8The fact that there is an active clarification process on means that there is interest in this new job.
8Eventually who puts in their bids remains to be seen.
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8Project Name: Kannur & Kasargod Districts City Gas Distribution
8Project Cost: Rs 300 crore.
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8Project Name: Palakkad & Thrissur  Districts City Gas Distribution
8Project Cost: Rs 300 crore.
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Feb 13, 2023: Daily import matrices

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8LNG
8Crude
8Chemicals
8Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update
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On February 13, 2023, Petrochem sources confirmed that ethyl acetate prices had risen in the Mumbai market.

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An increase in acetic acid prices has been noted in Mumbai today.

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An elevated trend is noticed in ethylene glycol monobutyl ether prices.

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Propylene glycol prices have witnessed a huge fall in the Mumbai market.

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A significant fall in paraquat prices was recorded in the Mumbai chemical market today.

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On february  11, 2023, Petrochem sources reported a fall in atrazine tc prices in the Ahmedabad market.

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Glyphosate41%  prices were pushed much higher in the Delhi market today.

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A significant fall inphosphoric acid 85% food grade prices was recorded in the Mumbai chemical market today.

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65 b5ass offcut prices strengthened in Mumbai in anticipation of tight regional output and  buying sentiment.

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Petrochem sources reported a cut in Inco nickel prices in the Mumbai market.

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Petrochem sources reported a significant fall in 22% nickel sulfate prices in the Mumbai market.

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An elevated demand trend is noticed in silver prices.

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On February 11, 2023, Petrochem sources reported a cut in rhodium prices in the Mumbai Metal market.

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An increase in zinc alloy grade zamak 3 and zamak 5 prices has been noted in Mumbai today.

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Petrochem sources have reported a fall in zinc ingot prices in the Delhi market.

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Petrochem sources reported a significant fall in MEG prices in the Mumbai market.

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

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8Arlanxeo, a Dutch-based rubber company, has opened a new 65 ktpa polybutadiene (PBR) production facility in southern Brazil. The new line was built to reinforce the company's commitment to Latin America.
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