News & Bulletin Updates

On June 10, 2022, isobutylene prices were pushed higher in the Mumbai market.

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Petrochem sources confirmed that DEG prices have slipped in the Hazira market.

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Acetic acid prices witnessed a significant cut in the Kandla market.

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Petrochem sources reported a drop in benzene prices at Vizag today.

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On June 10, 2022, Petrochem sources reported a fall in octanol prices in the Kandla market.

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82022 is looking a lot stronger than last year for oil and gas offerings as the latest June offering came in at $2.9 million in revenue.

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8Indian consumers see price pressures mounting, though the fuel excise duty cut announced by the government late last month tempered inflationary expectations, a survey by the Reserve Bank of India showed.

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8The world’s largest fertilizer company will increase production after months of supply disruptions and skyrocketing commodity and food prices. Nutrien Ltd. will ramp up potash production capability to 18 million tons by 2025, a 40% increase compared to 2020, the company said in a Thursday statement, citing “structural changes in global energy, agriculture and fertilizer markets.”

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8The global liquid fertilizers market size was valued at USD 15.08 billion in 2021.

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Petrochem sources have reported a fall in benzene prices in the Mumbai market.

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On June 10, 2022, MX prices were pushed higher in the Mumbai market.

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DEG prices have increased in the domestic market of Kolkata.

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On June 10, 2022, Petrochem sources confirmed that NBA prices had slipped in the Kolkata market.

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Jun 10, 2022: IPA at high rates

IPA prices have increased sharply in the domestic market of Kolkata.

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8The company is highly rated
8But it cannot run away from high counter-party risks given its deals with discoms which are not financially strong.
8There is abundant hope but risk abounds too

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8Investment in electricity generation in India has rebounded from its slump during the COVID-19 pandemic, with 15.5 GW of renewable energy capacity – representing an investment of a record US$14.5 billion – added in the past financial year
8But this data hides more than it reveals

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8This petitioner is entitled to a transmission licence despite all odds

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8The company seeks approval for change of its name
8Also seeks approval for appointment of P Trivikrama Prasad as MD of the company

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8SBI has withdrawn its nominee director from the board of this renewable firm
8Find out why

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Jun 10, 2022: Outage data

8Get the full proposed outage data for the entire northern regions here

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8Covering 10% of the world’s hydropower reservoirs with ‘floatovoltaics’ would install as much electrical capacity as is currently available for fossil-fuel power plants
8But find out exactly why it is easier said than done

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8Is a renewable energy generator on safe grounds only if it has a captive demand base?

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8Powergrid to get no relief on this particular petition

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Jun 09, 2022: MAI scheme: Know more

The MAI scheme of Department of Commerce, Ministry of Commerce & Industry for 2022-23
8Get to know more about it

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This caustic soda lye producer ha shown an improvement in both top and bottom line growth.
8But is it sustainable?

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