News & Bulletin Updates

8PT Chandra Asri Petrochemical is collaborating for a potential investment in developing a Hydrotreated Vegetable Oil (HVO) facility that can produce renewable feedstock in the form of Bio-Naptha

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8UPL persisted in its strong earnings growth trajectory, reporting a solid revenue of ?108.2 billion

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8This silicone product makes it easier to manufacture ready-to-use polyethylene moulding compounds. It also improves the surface properties of the resulting plastic products

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8What accounts for this higher growth?

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8A leading provider of wood-based speciality fibres said it is expanding its global clean electricity portfolio and reducing carbon emissions at its production site in Indonesia

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Aarti Industries is engaged in the manufacture of ionic and non-ionic surfactants and speciality products serving the home and personal care (HPC) industry.
8The company’s profitability was impacted owing to continued high raw material prices, limited bargaining power vis-à-vis its large MNC clients as well as competitive pressure from other surfactant manufacturers

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8The company manufactures various types of woven labels of Satin and Taffeta quality in white or black warp-base, of different shapes, sizes and colours depending on the customer’s requirement

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8Arlanxeo declared a force majeure in shutting down operations of their chloroprene production facility in Germany

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8The impact on the overall GRMs of exporters is expected to be up to $1.5/barrel, depending on their proportion of exports

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8Scheduled to be completed within three years after the FEED phase, the project aims to increase Egypt’s chemical exports and foreign direct investments

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8Indo Amines has received environmental clearance for the expansion of 'synthetic organic chemical' for its manufacturing plants

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8The implementation of the 9MMTPA refinery project will roughly cost 31,000 crores

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8Get the latest rubber prices for Singapore

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8With ample supply, weak demand, lower prices, and logistics issues weighing on the resin market, one major producer has given notice that it will lower operating rates on its Polyethylene assets

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8Toyo Tire announced that the previously serving director of sales, national strategic accounts, has been promoted to vice president of sales

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Find out what they are
8And what the implications are

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Aug 29, 2022: Marine spreads needed

8A multi-vessel RFQ involving marine spread is out
8So is an ROV requirement coming up

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8It is believed that rebalancing of global oil prices could also reduce the attractiveness of LNG usage by these sectors

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8Shell LNG faces another crisis

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8Is a capping of domestic gas price at current levels another policy bazooka coming?

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8What are its implications

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Get a full update on two of the following midstream projects
8Churwa - Bhabhar crude Oil Pipeline (MPPL P-25)
8Project Name: GITL Mallavaram-Bhopal-Bhilwara-Vijaipur gas pipeline

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Nano Urea & Phosphate Rich Organic Manure Greenfield Project
8Cost: Rs 250 Cr.
8Project Event: RFQ for the contractor and other services is likely to be released in September 2022, due to delay in internal discussion.
Phosphoric Acid Expansion Project
8Cost: Rs 500 Cr.
8Project Event: The bid due date for the Prequalification of Vendors for the end-to-end study of the Phosphoric acid plant has been extended from 19 August to 5 September 2022, due to lack of suitable bidder

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Rs 820 crore construction of 765 kV D/c Transmission line: S/S works in September 2022
8The forest clearance is pending at DFO.
8Several meetings have been conducted with the landowner for transmission line works.
8Detailed survey and investigation have been completed.
8RFQ for the 765 kV S/S works is likely to be floated in September 2022.
Rs 8500 crore greenfield  thermal project :  Gypsum handling package in October 2022
8PG tests have been completed for all units of BTG. Mechanical completion is underway.
8The erection of all BOP works is in the advanced stage for completion.
8The civil and architectural works were completed for the absorber system.
8The RFQ for the limestone and gypsum handling system package is likely to be floated in October 2022.
Rs 4400 crore greenfield hydroelectric project :  EPC package in Q4 2022
8The E&M contractor has carried out the balanced design and engineering works of the E&M equipment.
8Erection and installation of the Main Inlet Valve and Butterfly valve have been completed
8Distilling chamber areas 1,2,3 is in progress slowly due to the Inadequate deployment of resources by the contractor.
8The project is getting affected due to the slow progress of civil works and the cash flow crisis faced by the contractor.
8Land acquisition works completed for power evacuation system.
8The RFQ for the EPC package for the power evacuation system is likely to be floated in Q4 2022.
Rs 2880 crore greenfield hydroelectric project: Civil works package  in Q4 2022
8EIA and EMP studies have been completed.
8Hydrology report is under examination by the CWC.
8The pre-DPR chapter has been approved by the CEA.
8The construction of the approach land to the dam site has been completed.
8The RFQs for the civil works package are likely to be floated in Q4 2022.
Get in touch with us for more on these projects

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Aug 29, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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