A gain in SBS grade 1475 prices was noted today in the domestic market of Mumbai.

Styrene monomer prices were quoted significantly lower in the Chennai chemical market today.

Thiamethoxam 98% prices have gone down in the Mumbai market.

On June 30, 2022, Petrochem sources reported a fall in BGE prices in the Kandla market.

India Gas Solutions Ltd is a 50: 50 JV between RIL and BP.
8It had been courting some controversy when accusation surfaced that it was buying gas cheap from RIL's KG Basin block and selling it high
8Find out all about the company, and the gas it has been sourcing

8The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel, as it deregulated one of the last few avenues that were still under its control.

8Shell, a UK-based oil and gas firm, on Wednesday said it has launched a used oil management service to organise India’s waste oil disposal system and to increase the rate of re-refining, as it aims to achieve circular economy goals while reducing waste.

8Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports of the fuels

8Russian DAP imports flood Indian markets

All kinds of deals are taking place with Russia
8Here is a buyer who bought a big cargo out of Russia and paying in Chinese Yuan

On June 30, 2022, Petrochem sources confirmed that aniline prices had slipped in the Kolkata market.

VAM prices in the Ahmedabad market registered a fall today.

8With the increase in GST rate from 5% to 12% on renewable energy equipment, the new effective rate of GST on wind and solar energy services comes to around 13.8%
8This coupled with rising cost of domestic solar PV panels could delay the pace of energy transition in India
8India should explore reversing this increase in GST rate for providing partial relief from rising solar panel prices to the consumers
8Find out more

8The Agreement will help India’s energy transition efforts and will also help the world in combating climate change
8Know the features of the Agreement

8Leaders from the G7 have finished their three-day meeting in a spa resort in the Bavarian Alps with a commitment to the Paris Climate Agreement, even as they agreed for close collaboration with developing countries to boost clean energy and resilience through new initiatives, comprising its commitment for Just Energy Transition Partnership with India.

8Hydrogen demand in India is expected to increase fourfold by 2050 and the steel industry and heavy-duty transportation will drive 52% of it, according to a NITI Aayog and Rocky Mountain Institute (RMI) report.

8Tata Technologies Ltd on Wednesday said it has joined the Foxconn-initiated MIH Consortium to promote development of sustainable mobility solutions and encourage collaboration within the industry.

8Michelin is divesting its Russian tire production operations, having suspended activities in the country since mid-March in the aftermath of the Russia-Ukraine war

8Rubber Division, ACS, ACE Laboratories and Endurica will be joining major players in the global rubber industry at DKT IRC 2021 from June 27-30 2022 in Nuremberg, Germany (postponed from 2021)

8There is a huge potential to decarbonise industries such as refining, petrochemicals, steel, and fertilizers by using fossil-free electricity and hydrogen. Fossil-free hydrogen enables both the decarbonisation of the refineries and increased production of renewable fuels such as HVO, renewable gasoline and sustainable aviation fuels (SAFs)

8Thyssenkrupp Industrial Solutions’ subsidiary signed a contract to build a new world-scale polymer plant in Turkey. The plant will use Uhde Inventa-Fischer’s proprietary patented Melt-to-Resin technology to produce 330,000 ton/year of resin for the production of polyethylene terephthalate (PET) bottles, as well as bright chips for textile applications

8Plans are for the collocation of two important industry conferences to make it easier for participating companies and attendees alike. The conferences are scheduled for December 5-7 at the Intercontinental on the Wharf, in Washington, D.C, with events running consecutively, allowing attendees to attend a single event, or opt to combine the content from both at a discounted registration rate

8The 43rd Annual General Meeting of the company is scheduled to be held on Thursday, 28th July 2022 at 03:00 PM. IST through Video Conferencing

8Get the latest rubber prices in Singapore

8INEOS Oligomers has announced that it has started up its new 120,000 tpy Low Viscosity Polyalphaolefin (LV PAO) unit in Texas, US