News & Bulletin Updates

8Iran's foreign exchange earnings from oil, gas and petrochemical exports were 60pc higher in the first two months of the Iranian year than they were in the corresponding period last year, according to the foreign ministry

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8Wacker has undertaken a feasibility study for an expansion of its production of silicon metal, a primary raw material employed for the manufacture of silicone rubbers

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8Betterment in the domains of biomaterials and styrene-butadiene rubber (SBR) chemistry overwhelmed the fifth staging of the ERJ Elastomers for Sustainability (E4S) programme

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8The decline was driven by multiple factors including chip shortage, along with the model and structural changes

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8The company aims to produce the world’s first 100% sustainable material and maintenance-free tire by the year 2030

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8The Japanese supplier is increasing the price for the industrial chemicals by 6 yens per kg, with effect from 1st July

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8The company is trying hard to get out of trouble, after being at a loss for a long time

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8The company reported a net profit of Rs 36 crores this quarter, compared to Rs 28 crores last quarter

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The company posted a great performance, driven by a sharp increase in volumes and improved realisation
8The sharp rise in volumes was supported by a larger market share through the addition of new customers and an expanded product basket comprising large new suppliers

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8Get the figures here

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8CIL Nova Petrochemicals reported a net profit of Rs 53 Lakhs this quarter, compared to Rs 170 lakhs in the previous quarter

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8Kataria Plastics Pvt Ltd is a manufacturer of Poly Vinyl Chloride (PVC) pipes and fittings, High-density polyethylene (HDPE) pipes, sprinkler pipes and fittings etc.

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8Clearly the performance has gone down badly

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8Get the latest rubber prices in Singapore

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8PET prices have been rolled over by major domestic producers
8Check out who these producers are

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8Reliance Industries Ltd has announced a revision in its PE prices
8Find which prices have changed and by how much

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8A sharp cut in PVC prices has been announced by Reliance Industries Ltd

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8PP prices are cut by Reliance Industries Ltd
8Find out by how much

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May 31, 2022: Daily import matrices

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8Chemicals
8
Crude

8LNG
8Weekly Fertilizers
8LPG
8Ammonia

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Geographical area limits are now getting strictly enforced.
8And those which have crossed geographical limits to sell gas are being scrutinized more intensely and action taken

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Get an update on new technologies that ONGC is incorporating into its various arms
8Also know details on various upgradation schemes that the company is taking up
8Further, which are the current projects that ONGC is undertaking

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Ammonia Brownfield Project
8Cost: 250 Cr.
8Project EventThe project is in the initial phase and the discussion is ongoing, The project activities are still on hold. Discussion with the local EIA Consultant is ongoing, and RFQ for the Environmental Impact Assessment consultant is likely to be released at the end of June 2022. due to a delay in the discussion
Nano Fertilizer Greenfield Project
8Cost225 Cr.
8Project Event: Still, the studies are ongoing, The project is still waiting for environmental clearance which is likely to be elicited in July 2022, and RFQ for the Process licensor as well as the LSTK contractor is likely to be released in August 2022

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8There has been a revision in railway rates

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A sharp cut in recycled PP injection molding prices was announced in Delhi today

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Petrochem sources reported a rise in Delhi CIIR grade 1240 prices today.

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