News & Bulletin Updates

8India’s chemical imports hit 13.54 MMT in 2024-25, with Saudi Arabia as the top supplier
8The rise reflects higher demand for raw materials, boosting Saudi Arabia’s role in India’s chemical trade

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8Sikka Port tops the charts with 3.52 MMT of chemical exports in 2024-25, marking a significant milestone in India's trade
8What’s fueling this surge?

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The Petrochemical and Lube Integration Project at Indian Oil Corporation Limited (IOCL) is a big one
8And contracting is on
8We provide you a 360 degree perspective on what is going on there, including who won what and what is ahead

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8This tankage order names preferred vendors for sealants and corrosion prevention, meaning non-OEM bidders could face rejection or expensive substitutions.
8No one-size-fits-all here. Each tank type—bitumen, slop, lean amine—comes with its own material, testing, and accessory set.

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8NCOL opens a high-tech packaging facility in Noida, ensuring top-quality organic products
8It's new Noida facility is all about fair returns and QR code-backed transparency for organic consumers
8The facility promises faster, more efficient packaging of Bharat Organics’ top-quality produce

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8LD Carbon’s Dangjin plant is a big win for the environment
8It is recycling 50,000 tons of tyre chips annually and producing eco-friendly rCB for top tyre manufacturers

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8With four years of excellence under its belt, Goodyear cements its status as DAF’s top tire supplier

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A tough market doesn't slow Eastman down
8Its strong first-quarter performance highlights operational excellence and cost discipline
8Amid rising global tariffs, Eastman sharpens its focus on cash flow to power a resilient 2025

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8BASF India's acquisition of BASF Agricultural Solutions India is expected to complete by May 2025
8This move will strengthen its agricultural business and enable the demerger

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Chennai Petroleum Announces Final Equity Dividend After Robust FY 2024-2025 Results
8The Board Declares 50% Dividend Following Solid Performance

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8Bihar gets a boost with BPCL's new LPG facility—slated for completion by 2027
8This project is set to deliver cleaner energy, local jobs, and reduced carbon emissions

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8India Ratings has affirmed the credit rating of Rashtriya Chemicals and Fertilizers' Non-Convertible Debentures at INDAA (Stable)
8The rating reflects the company’s strong financial position and stability in the fertilizer sector

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8Styrenix Performance Materials’ rating remains stable after acquiring INEOS Styrolution (Thailand)
8The deal strengthens its liquidity, but the focus now shifts to turning around operations

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Microplastics, less than 5mm in size, are causing irreversible damage to both aquatic and terrestrial ecosystems
8What is the true cost of this contamination to global biodiversity?
8Can we curb the tide before it's too late?
8Find out what this report has to say

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8FAI program on business intelligence, forecasting, and planning for fertiliser sector [FAI]
8Current news on the latest developments in fertiliser, energy, weather, agriculture [FAI]
8Deepak globalchem pte. ltd. incorporated in singapore as wholly-owned subsidiary [Deepak Fertilizer]
8DMSL raises rs.800 crores via CCDs from tata capital and SCM growth llp with structured option agreement [Deepak Fertilizer]
8Appointment of non-official independent director [MFL]
8Audio recording of analysts/investors call [RIL]
8Review of ratings by CRISIL ratings [PIIL]

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8Confirmation with regards to not being a “large entity” [HOEC]
8ROU gazette notification issued for MSAA EPS–btsad pipeline in andhra pradesh [Gazette]

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SSP/GSSP Expansion Project
8Cost: Rs. 50Cr.
8Project Event: The project has received the Terms of Reference (ToR) for the environmental clearance proposal. Due to ongoing evaluations, the environmental clearance is now expected by July 2025 instead of April. The RFQ for the contractor is likely to be issued in August 2025.
NPK Plant Greenfield Project
8Cost: Rs.1200Cr.
8Project Event:Detailed engineering is nearing completion, with most engineering deliverables either finalized or in advanced stages of review. Procurement activities remain on track, with over 70% of long-lead items already ordered and delivery timelines confirmed. Civil foundation work is progressing rapidly across key plant areas, including the reactor, granulation unit, and control room. Structural fabrication and erection have commenced, particularly for non-process buildings and utility areas. Site mobilization for mechanical works has also begun, setting the stage for major equipment erection in the next quarter. The project continues to target commissioning by December 2026, with construction activities ramping up in line with the project schedule.

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8Project Name: Unnao District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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8Project Name: Faizabad and Sultanpur District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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8Here's what's happening today in the E&P, midstream-downstream, and CGD section

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia

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This is what happens when you are new to offshore E&P
8This offshore survey tender underwent a dramatic transformation, with water depths for two key blocks quietly revised from shallow 100m zones to ultra-deep ranges exceeding 3000m.
8This tectonic correction led to a threefold increase in survey grid size, from 1.5 km² to 3 km², forcing bidders to recalibrate vessel specs, sensor depths, and cost assumptions.

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8The tender allows up to two more drilling service sets to be added within a year, without triggering a new bid process—subject to mutually agreed rates capped at the original award
8And what it does is to relax the requirement of sourcing some materials form brands such as NOV, Derrick, and Swaco, allowing ‘substantially equivalent’ makes instead. This could open doors for lower-cost or local vendor

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8Lummus' technology is is so sensitive, the NDA prohibits even internal use for patent drafting or derivative design work. Any breach?
8Automatic reassignment to the licensor.
8Also, the pocurement tender is by invitation only — unsolicited bids are auto-ignored. A closed circuit for an IP-heavy tender.
8The NDA enforces compliance with anti-bribery laws like the US FCPA and UK Bribery Act. Enforcement sits squarely in New Delhi via DIAC.

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8Find out how that has happened

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