News & Bulletin Updates

8Expansion of an Integrated Cement Plant
8Expansion of an existing Integrated steel plant
8New Clinkerization Plant with a capacity of 2.7 MTPA
8Expansion of Aluminium Smelter Plant from 0.26 MTPA to 0.72 MTPA
8Expansion of Sponge Iron Plant production from 3,00,000 TPA to 3,75,000 TPA
And many more

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8European demand for recycled rubber is set to see a five-fold increase over the next 25 years

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8Practical testing has begun for a newly developed tire air pressure access system which enables monitoring of tire conditions

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8As part of the company’s Vision 2030 plan, Mitsui is to increase investment in its Tafmer elastomer business

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8German plastics and rubber machinery manufacturers are expecting growth of 0-2% in sales for the year 2022 amid ongoing challenges around raw materials supply and rising prices

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8The global national supply for natural rubber increased to 991k tons in May 20222

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Jun 21, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

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

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On June 21, 2022, the Hazira market witnessed a rise in cyclohexane prices. 

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BGE prices climbed higher at Kandla port today.

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Diisononyl phthalate prices have moved downwards in the Delhi chemical market, today.

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Benzyl alcohol prices were assessed higher in the chemical market of Ahmedabad.

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8Coal India (CIL) has been given multiple tasks by the government in recent weeks: Meeting a stiffer production targets, importing coal for supplies to power plants, ensuring infrastructure for evacuation and meeting green commitments.

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8India's top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.

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8Who is likely to be ONGC's new chairman?
8And did the search committee tweak the rules keeping someone in mind?

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Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Project EventRFQ for Civil, Structural & Electrical work for truck parking been out and bid due date is 23 June 2022. The project is likely to be commissioned in September 2022 in place of June 2022 due to the slow progress.96% of construction work has been completed, construction of the bagging building has been completed. RITES is still in the process of laying rail tracks and electrifying them. Testing of one of the boilers has also been successfully completed.
Phosphoric acid Expansion Project
8Cost: 50 Cr.
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, proposal for the environmental clearance is likely to be submitted in Q2 FY 2022-2023. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in Q2 FY 2022-2023

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8Two women officers pushed the boundaries in the North East to get work done for ONGC

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Both LNG prices and LNG shipping rates are on a wild ride again
8What factors have contributed to their increased volatility?

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Sanctions adherence by western insurance companies are not in a position to halt the exports of Russian oil, it seems.
8Why is that so?
8Also, where is Russian crude going, for it is not just going to India, get all the distribution curves here
Note: Clearly this should apply for fertilizer imports to from Russia and Belarus

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Lead oxide 99% prices were much higher in the Delhi market today.

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Polystyrene sheet prices were assessed higher in the metal market of Mumbai.

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Rubber accelerator grade CZ prices have escalated in the Ahmedabad market, today.

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On June 21, 2022, Petrochem sources confirmed that benzene prices had sharply fallen at Vizag.

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A cut in MP Diol prices was noticed today in the Kandla market.

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Petrochem sources have confirmed a fall in MX prices in the Mumbai market.

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Polymeric MDI prices registered a fall in the Delhi market.

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