News & Bulletin Updates

8Pipeline companies have joined a campaign for revision of PNGRB guidelines which do not allow for revision of tariffs even when additional capex is undertaken

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Urea Revamp Project
8Cost: 220 Crore
8Project Event: The Company has invited offers from renowned EPC Contractors for further execution of the project on an EPC basis. Finalization of EPC contractor is still under process, It is likely to be finalized in Q1 FY 2022-2023.
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost: 48 Crore
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. Proposal for environmental clearance is likely to be submitted in Q1 FY 2022-2023. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022-2023

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8While there is confirmation that the Chhara LNG terminal is going to be ready by the end of this year, there little work has taken place in the evacuation network so far
8Also, there are still some unresolved issues with the evacuation out of the Swan LNG project

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8The Carbamide Plant of the State Oil Company of Azerbaijan (SOCAR), a resident of Sumgait Chemical Industrial Park, exported carbamide fertilizers to India for the first time, reported the Azerbaijan State News Agency (AZERTAC).

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Apr 14, 2022: Daily import matrices

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8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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Carbendazim prices were much higher in the Mumbai market today.

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Chlorpyrifos 97% prices were quoted lower in the Ahmedabad chemical market today.

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A huge rise in glyphosate prices was reported in Ahmedabad today.

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Phosphorus oxychloride prices in the Mumbai market have fallen sharply.

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Phosphorus oxychloride prices in the Mumbai market have fallen sharply.

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Petrochem sources in Mumbai have reported a rise in MMA prices.

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On April 14, 2022, Petrochem sources confirmed that formaldehyde prices had slipped in the Kolkata market.

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On April 14, 2022, Petrochem sources reported a fall in aniline prices in the imported market of Mumbai.

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Acetonitrile prices registered a fall in the imported market of Ahmedabad. 

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Cyclohexanone prices have moved lower in the Mumbai market.

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A fall in VAM prices in the imported market of Mumbai was noted on April 14, 2022.

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C9 solvent prices in the Chennai market have registered a fall today.

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Acrylonitrile prices registered a fall in the Mumbai market. 

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Aniline prices witnessed a huge fall in the Kolkata market.

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Apr 14, 2022: HMEL lowers PP prices

A cut in PP prices has been announced by HMEL.

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PP and PE prices have been announced by HPL.

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PP and PE prices has been announced by IOCL.

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A revision in PP and PE prices has been announced by Reliance Industries Ltd.

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Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost: 500 Crore
8Project Event: The project team has been made. And the company has applied for the loan which is likely to be elicited in May 2022. RFQ for the LSTK contractor is likely to be released in Q2 FY 2022-2023
NPK-SSP & Sulphuric Acid Expansion Project
8Cost: 15 Crore
8Project Event
: The environmental clearance has been elicited in February 2021, The company is still talking with different local contractor, Hiring for the local contractor is still ongoing

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8Here is a much needed gas compression tender awarded to this company

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