News & Bulletin Updates

8The price of toluene in the Ahmedabad market witnessed an upward trend today, driven by minor shifts in supply-demand dynamics and escalating raw material costs

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8UPM will release its Q3 2025 Interim Report on October 29
8The webcast and investor call start at 13:15 EET
8CEO Massimo Reynaudo and CFO Tapio Korpeinen will present the results

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8Chemplast has maintained PVC paste grade prices unchanged with effect from October 1, 2025

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8According to Indian Petrochemical market analysis, the price of propylene glycol monomethyl ether (PGME) has declined in the Mumbai chemical market

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8The Mumbai chemical market reported a softer undertone in Bisphenol-A (BPA) this week, with Indian Petrochem highlighting that the recent downtrend is driven more by sluggish downstream pull and improved material inflows rather than any significant cost correction

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8Paraformaldehyde 96% prices witnessed a minimal increase in the Mumbai market today, supported by a slight improvement in buying activity

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8ONGC Petro additions has announced a polymer price revision effective October 1, 2025

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8Indian Oil Corporation has revised polymer prices effective October 1, 2025

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8Haldia Petrochemicals has revised PP and PE prices effective October 1, 2025

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8Reliance Industries has cut PP grade prices effective October 1, 2025

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8Reliance Industries has revised PE prices effective October 1, 2025

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8Reliance Industries has raised PET prices effective October 1, 2025

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8Reliance Industries has announced a reduction in PVC prices effective October 1, 2025

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8SRF has announced the closure of its trading window from October 1, 2025
8The restriction will remain until 48 hours after the declaration of Q2 and half-year results
8This complies with SEBI’s insider trading regulations
8The board meeting date for results will be notified separately

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8The 41st AGM saw 100% approval for all items on the agenda
8Financial statements, dividend, reappointment of a director, and auditor matters were cleared
8Over 62% of voting capital participated, reflecting active shareholder engagement

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8Taiyo Oil’s Shikoku refinery will take in heavy pyrolysis fractions
8The refinery will convert them into chemically recycled naphtha and propylene
8These products will then flow to Mitsui Chemicals under a mass balance model
8It marks Japan’s first refinery–cracker collaboration in chemical recycling

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8Project Name: Panchmahal District City Gas Distribution
8Project Cost: Rs 250 crore

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8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore

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The company transformation deck lays out six pillars and grand ambitions, yet shies away from dated KPIs, capex envelopes, or asset-level milestones.
8But find out why it is all puff as of now

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8TotalEnergies expands gas value chain by acquiring producing assets in Anadarko Basin [TotalEnergies]
8M.V. Canara Pride deployed to ONGC for three years post DP2 upgrade, contract worth $12.27M [Sadhav Shipping]
8Hydrogen transportation via pipelines and blending with natural gas: PNGRB roadmap [PNGRB]
8Result of the interview held on 23rd September 2025 for appointment to the post of cashier on deputation (foreign service term) basis [PNGRB]
8PNGRB initiates public consultation on LPG interoperable service delivery framework [PNGRB]
8LPG interoperable service delivery – concept paper [PNGRB]
8Completion of independent directorship term of Mrs. Mansi Deogirkar [Confidence]
8Company receives GST show cause notice from CGST Vaishali Nagar, Jaipur on 28th September 2025 [AES]
8Sealmatic India board to consider bonus share issue and capital increase on October 3 [Sealmatic]
8CARE reaffirms Gujarat Gas' 'AAA' rating with a stable outlook [GGL]
8Swan Corp shareholders approve all resolutions, including a 10% dividend, at 117th AGM [Swan]
8Notice to claim the unclaimed dividend(s) under “100 Days Saksham Niveshak Campaign” [HPCL]

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8The owner wants brownfield reroutes and drawing packages that will stand up to stress calculations and IBR scrutiny. The tender pushes GeM-total supremacy, nil deviations and ITC-netted L1, tightening commercial slippage. The safety kit mandate hints at high-hazard adjacency and frequent site work even for a “design and drawing” contract.

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1) BPCL Bina pushes VDU condenser buy with locked owner design and NABCB-gated TPI
8BPCL has clarified EMD and pre-bid logistics while keeping design in-house for its VDU/CDU condensers. The move raises the bar on manufacturing quality and accreditation without loosening delivery or deviation levers. What it means for bidder appetite and per-tag pricing will be visible only at opening.
 
2) Column trays package gets 7-day bid push in BPCL Kochi polypropylene project
8EIL has moved the bid clock from 29 September to 6 October on BPCL’s Kochi polypropylene trays package. The zero-deviation posture and six-month FOT delivery stay intact, but bidder liquidity remains cushioned with no EMD. The exception to the “no extension envisaged” line hints at participation readiness, not scope churn.
 
3) NREP MSB coalescer package gets a one-week bid extension in Numaligarh
8NRL has pushed the bid deadline for its MSB regeneration loop coalescer by seven days. The limited, two-bid tender keeps delivery tight at 10 months with a full 10% security stack. The NDA-gated spec pack and non-divisible award leave little room for casual bidders.
 
4) Paradip heavy-lift ARC eases crane performance clause and nudges bid window
8IOCL has softened the 250 MT crane’s at-height capacity requirement while preserving boom geometry and safety scaffolding. The move likely broadens fleet eligibility ahead of the GeM RA. With the bid window now running into early October, vendor strategies will pivot to compliance speed and price discipline.
 
5) IOCL extends Paradip acrylic acid chain feasibility by a week, narrows scope to Capex-only
8IOCL has pushed its GeM bid by seven days even as it trims the feasibility to Capex estimation. The addendum hard-codes cost buckets and flare-load expectations while a single licensor architecture is confirmed. The pivot changes how bidders price utilities, logistics and integration without arguing economics upfront.

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1) HPCL LMBU EPCC-01 leans on energy guarantees as bid due slips to 15 Oct in HPCL
8The IHCD-SDA EPCC now rides on quantified energy envelopes that count at evaluation and at PGTR. That pushes bidders to price what they promise — and live with price reductions if they miss. Six bid-date extensions and a second pre-bid hint at complexity beneath the gloss.
 
2) Three-step bid deadline push and new piping class reshape CW composite tender in IOCL Panipat PBR
8IOCL has moved the submission date from 18-Aug to 20-Oct across three addenda while adding a full PMS pipe class to the package. The result is a more prescriptive spec but a longer pre-award runway. Whether this widens the bidder pool and tightens RA outcomes is the question left open.
 
3)  BPCL Mumbai PRFCC EPCM bid clock pushed to Oct 6 as BPCL tightens liability cap and eases toolchain rules
8BPCL has carried the PRFCC EPCM submission into October even as it trims legal risk for bidders and codifies digital-delivery flexibility. The liability ceiling is now explicit and several payment milestones turn pro-rata, but escalation and reimbursable CM remain off the table. The HSE bar rises with HIPPS and refinery-wide flare adequacy baked in.
 
4) EIL pushes DCU metering to October 6 close after two extensions in NRL DCU revamp ultrasonic flowmeters
8EIL has stretched the bid clock on NRL’s ultrasonic flowmeters package from mid-September to October 6. The scope mixes quad-path inline meters and insertion-type flare service hardware with clarified Ex d + Ex i compliance. Suppliers still face a six-month delivery bar despite special MOC lead-time pleas.
 
5) Paradip steam BOO pushed to 06 Oct as IOCL codifies 2×300 TPH RPC CFBC integration
8Indian Oil’s Paradip steam outsourcing is now a three-extension story, with bids closing on 06 Oct. The EOI keeps a strict technical envelope—API/AGA metering, BL isolation, and DCS soft signals—while indexing long-term charges to WPI/CPI/FX. The combination should widen bidder comfort, but the real test is how availability and penalties land in the final paper.

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1) HPCL LMBU EPCC-01 leans on energy guarantees as bid due slips to 15 Oct in HPCL
8The IHCD-SDA EPCC now rides on quantified energy envelopes that count at evaluation and at PGTR. That pushes bidders to price what they promise — and live with price reductions if they miss. Six bid-date extensions and a second pre-bid hint at complexity beneath the gloss.
 
2) Three-step bid deadline push and new piping class reshape CW composite tender in IOCL Panipat PBR
8IOCL has moved the submission date from 18-Aug to 20-Oct across three addenda while adding a full PMS pipe class to the package. The result is a more prescriptive spec but a longer pre-award runway. Whether this widens the bidder pool and tightens RA outcomes is the question left open.
 
3)  BPCL Mumbai PRFCC EPCM bid clock pushed to Oct 6 as BPCL tightens liability cap and eases toolchain rules
8BPCL has carried the PRFCC EPCM submission into October even as it trims legal risk for bidders and codifies digital-delivery flexibility. The liability ceiling is now explicit and several payment milestones turn pro-rata, but escalation and reimbursable CM remain off the table. The HSE bar rises with HIPPS and refinery-wide flare adequacy baked in.
 
4) EIL pushes DCU metering to October 6 close after two extensions in NRL DCU revamp ultrasonic flowmeters
8EIL has stretched the bid clock on NRL’s ultrasonic flowmeters package from mid-September to October 6. The scope mixes quad-path inline meters and insertion-type flare service hardware with clarified Ex d + Ex i compliance. Suppliers still face a six-month delivery bar despite special MOC lead-time pleas.
 
5) Paradip steam BOO pushed to 06 Oct as IOCL codifies 2×300 TPH RPC CFBC integration
8Indian Oil’s Paradip steam outsourcing is now a three-extension story, with bids closing on 06 Oct. The EOI keeps a strict technical envelope—API/AGA metering, BL isolation, and DCS soft signals—while indexing long-term charges to WPI/CPI/FX. The combination should widen bidder comfort, but the real test is how availability and penalties land in the final paper.

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1) Reciprocating air compressors tender opens under NDA and no-EMD filters for BPCL Bina BPREP
8BPCL and EIL have kicked off the plant/instrument air compressor package for Bina’s petchem-refinery expansion. The bid is domestic-limited with a long-tail NDA guarding ethylene-cracker-linked IP and no EMD at the start. The real contest will be fought on deviation loadings, spares depth, and documentation discipline—details bidders will only discover inside the MR.
 
2) EIL issues NDA-gated heat-exchanger RFQ with zero-deviation and granular cash-gates for Dahej PDH-PP
8PLL’s PDH-PP project has opened a limited RFQ for CS/LAS-clad and SS exchangers with bottom-line evaluation and no reverse auction. The bid is zero-deviation, NDA-gated, and backed by an unusually detailed milestone-payment map tied to drawings and raw-materials. The structure favours engineering-disciplined fabricators who can lock metals and move quickly through Code-wise approvals.

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