News & Bulletin Updates

Ammonia-Urea Greenfield Project
8Cost: 5500 Cr.
8Project EventThe project is still on hold due to lack of funds, The company wants to complete a few small projects first, which is ongoing inside the plant. The project is likely to be active in Q3 FY 2022-2023,
Urea (Granular) and Captive Power Unit Expansion Project
8Cost: 700 Cr.
8Project Event: The project is still on hold, It is likely to be activated in Q2 FY 2022-2023. The internal discussion is ongoing; RFQ for the LSTK contractor, which is likely to be released in October 2022

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8India may face an LNG crunch as an indirect fallout of the war in Europe
And there can well be physical shortages

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8Project Name: Surat-Bharuch-Ankleshwar Districts City Gas Distribution
8Project Cost: Rs 300 crore
Call up our sales team to get access

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8Project Name: Nadiad District City Gas Distribution
8Project Cost: Rs 350 crore
Get in touch with us should you need more information

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The government policy on retail sales is full of contradictions.
8And some of it is based on half-truths

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Petronet LNG is coming up with a third LNG jetty
8Cost: Rs 1700 crore
Get the full details here

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Haryana City Gas Distribution (Bhiwadi) Ltd is forging ahead when other companies are applying the brakes
8Find out why that is so

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8A weak rupee will send India’s net oil and net gas imports bill soaring further from $114.7 billion last fiscal since the country meets 86% of its crude and 50% of natural gas requirement through imports.

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Poor demand has lowered chromium metal prices in the Mumbai market.

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8Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India, sources said.

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Polystyrene sheet prices were much higher in the Delhi market today.

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A hike in aluminum bar prices was recorded in the Delhi market today.

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Triazolone (95%) prices have registered an increase in the Delhi market today.

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On July 20, 2022, Petrochem sources reported a fall in ammonium molybdate prices in the Mumbai market.

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Petrochem sources reported a significant fall in silver prices in the Mumbai, Ahmedabad and Delhi markets.

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On July 20, 2022, the Mumbai and Ahmedabad markets witnessed a rise in gold prices.

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A rise in phosphorous acid prices was reported in Mumbai today.

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8India to to buy foreign fertilizer assets

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

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Petrochem sources, on July 20, 2022, confirmed a fall in IPA prices in the Hazira market.

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MEK prices were quoted lower in the Kandla chemical market today.

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Robust demand has lifted octanol prices in the Kandla market.

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Butyl carbitol prices were assessed lower in the Kandla market today.

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8Mangalore Chemicals and Fertilizers (MCF), a subsidiary of Zuari Agro Chemicals Limited, ha s announced the shutdown of its phosphatic fertilizer plant due to non-availability of raw material, a company statement said here o n Tuesday.

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On July 20, 2022, Petrochem sources confirmed that BAM prices had slipped in the Hazira market.

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