8The U.S. renewable chemicals market is expected to reach a valuation of US$ 63.1 Bn by 2032
8By product type, demand for ethanol is set to grow at a rapid pace at a CAGR of 12.5% by 2032
8Based on feedstock, the biomass segment is likely to showcase steady growth at a CAGR of about 13.2% in 2022-2032
8The global renewable chemicals market is projected to grow 2.7x in the evaluation period (2022-2032)
8In 2021, Asia Pacific renewable chemicals market size stood at approximately US$ 73 Bn

8China plans to revise again its hazardous chemical business licensing system
8This will have implications for Indian companies

8This company launches new low carbon bio product line to be called INVIRIDIS for its phenol acetone and alphamethylstyrene business

As producers attempt to push through June price increases to preserve margins ahead of a dismal outlook for the second half of the year, one major Polyethylene producer has relaxed its June initiative.
8Will it set the trend then?

8Get the spot and futures rubber prices in Singapore as of today

8The government has come up with a set of 20 products where the use of single use plastics is now banned

8The Korean truckers strike seems to still on
8And it is beginning to bite hard

8This company decided to sell a 50% stake in its ethane import facility worth $400 million

8Radiant Indus Chem is in the business of manufacturing of oxalic acid, sodium nitrite and also processed foods
8The company seems to be doing pretty well it seems

8BASF made the tall claim that its chemical intermediates come with a much lower carbon footprint than its competitors

8This company claims that it has developed sealing and damping component to meet the needs of the automotive, truck and transport industry which are the most efficient in the world 

8UK is not letting up on its extra tariffs on Chinese tyres

8Advanced materials producer OCSiAI is building a nanotube synthesis facility near Belgrade

8The German Rubber Conference is back

8There has been a surprise fall in Malaysian rubber production

8ONGC will see another offshore tender other than the Daman upside

8Cairn India has had no luck in the North East despite a lot of drilling work
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8EIL gets a new director

With more than 156 years of operations, Shapoorji Pallonji (SP) group is one of the India’s oldest and well reputed business groups in the construction, infrastructure and real estate space.
8But it is now going through a tough time as it begins to shed some of the heavy debt it has accumulated over the years

Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project Event: The company is planning to re-release bids for a Contractor on Build to do this on a BOO basis at the end of July 2022. due to lack of bidder in first invitation.
SSP/NPK Greenfield Project
8Cost: 70 Cr.
8Project Event: Still, the feasibility studies are ongoing, It is likely to be completed at the end of August 2022. The company is planning to submit the proposal for the environmental clearance in Q2 FY 2022-2023. due to the delay in the feasibility study. RFQ for the contractor is likely to be released after the clearance

8What are the challenges and opportunities of recycled LPG?

The Americans are admitting that sanctions on Russia have not worked
8In fact some of them are saying the effort has failed

Rs 4500 crore greenfield hydroelectric power project
8Mobilization of equipment is in progress at the site.
8FC stage-2 is pending at DFO.
8RFQ for the HM works package is expected soon.
Rs 8500 crore greenfield hydroelectric power project
8S/S tender floated and pre-bid meetings are yet to be conducted.
8Erection and installation of TG units are in progress.
8RFQ for the 250 KVA P/S works is expected.
Reconductoring of MePTCL lines: Business opportunities
8Meghalaya Power Transmission Corporation Ltd (MePTCL) plans to reconductor the existing 132 KV single circuit line with HTLS conductor
8There are business opportunities ahead
Old hydel power plant: Business opportunities
8This hydel power plant is going to complete 25 years of service
8The owner plans a replacement of old equipment
8More business opportunities ahead
Rs 2000 crore greenfield hydroelectric power project 
8Pilling and foundation works were completed.
8FC stage-2 is pending at DFO. Detailed engineering works are in progress for P/S works.
8RFQ for the ACSR moose conductor package is likely to be floated in July 2022.
Rs 2000 crore greenfield hydroelectric power project 
8PPA was signed with the government.
880% of the total land acquisition was completed.
8EPC package for civil and HM package is expected.
Rs 323 crore 400 kV SC line to DC line with QUAD Moose ACSR
8Detailed engineering was completed for S/S.
8Forest clearance stage is yet to be granted.
8EPC package for T/L works is likely to be floated in Q3 2022.
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