News & Bulletin Updates

New benzene prices have been announced at Vizag.

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Market sources reported that IPA prices were revised in Hazira today.

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8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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TPL Plastech Ltd. (TPL) is a subsidiary of Time Technoplast Ltd. (Listed Company) and is engaged in manufacturing of technology based polymer products mainly Plastic Drums/Jerry Canes and caters to customers in industries like chemical & petrochemicals, specialty chemicals, plasticizers, pharmaceutical, FMCG, food products.
8And the company has turned in a great performance
8Then again TPL is also merging with another group company Ecotech Green Lifecycle Ltd

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Sudarshan Chemicals is launching multiple products in the second half of FY22 fiscal
8It expects to do a capex of Rs120 crore by the end of Q2 while balance capex of Rs180-200 crore would be done by Q3FY22

8What is even better is that stock market analysts have taken out a buy rating on the scrip

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8The Indo-American Chamber of Commerce is organizing a meeting on the chemical sector
8The emphasis is on emerging trends, business opportunities and new technological updates
Read to join in

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8An India organized meeting to be chaired by Mr Kenneth First, CCPS Staff Consultant and Lecturer at University of 8Michigan will be held virtually on avoiding accidents in chemical plants.
8Over the past few years Ken has developed various Process Safety training workshops and spreadsheet tools to assist study teams to be more productive
8Find out on how to attend

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8There is a big upsurge in the sulphur market
8This has implications for India

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VAM prices moved higher today in the Kolkata chemical market.

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Aniline climbed higher in Ahmedabad today.

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Shell has mediated an entire LNG cargo for Torrent yesterday at is captive terminal at Hazira
8The cargo of 130276 cubic meters had come in for Bonny.
8The fact that Torrent is bringing in a cargo under the current high price regime to run its gas-based power plants has raised eyebrows in the industry

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On August 19, 2021, Petrochem sources confirmed that MTO prices had risen in the Ahmedabad market.

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1.38 million MT of crude oil was offloaded all over India in the last 3 days
 
8Two shipments totalling 556k MT were unloaded and received by RIL at Sikka on the 17th of August
 
8Nayara Energy’s 150k MT & 134k MT consignments were set down at Vadinar on18th and 16th August, respectively
 
8A 135k MT cargo was unlaid and received by HPCL at Mumbai port on 18th August
 
8MRPL unloaded an 89k MT shipment at their Mangalore port on 18th August
 
8IOCL’s 60k MT consignment was offloaded at Paradip on 17th August
 
8A 260k MT cargo coming from Ras Tanura was set down at Cochin and received by BPCL on 16th August

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Butyl acrylate monomer prices are slowly increasing in the Mumbai market.

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8What is the crew change status in different Indian ports?
8A comprehensive report on crew change status is given here

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8Get an update of all daily tanker movements into India
8Also get a similar break-up of dry and bulk vessels

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8Our website carries the latest ammonia imports as of today evening
8Find the ports where the shipments will be delivered

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Large quantities of lpg coming in for IOCL
The shipments are coming in from:
8Ras Tanura
8Yanbu
8Ras Laffan
8Saudi Arabia

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The industrial cluster of Morbi is facing a massive hike in gas prices
8And companies in the cluster claim that the price rise will hit their margins badly as a COVID hit market would mean that they may not be able to pass on the price rise entirely to end consumers
Find out by how much is the supplier planning to raise prices

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A clear winner for the purchase of rotary steerable systems and mud engineering against a tender by an E&P major was Halliburton in this case
8But find out why it will however not end up winning the tender, and instead the LOI will go the L-2 biller

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8Oil India Ltd (OIL) has taken a surprise decision on the purchase of 2000-tonne onland rigs
Know more

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8Megha Engineering is going through the process of vendor selection for the raft of downstream projects that it has acquired recently as a new bidder
8Find out what the experience has been of some of the bidders in dealing with the Megha team

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NR Patel and Co is the EPC contractor for the grass root terminal at Malkapur
8But commissioning timelines next year will be delayed further
Find out whether business opportunities are available in this project

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A ranking of key production parameters for E&P blocks based on latest data has been carried out
Among the blocks which rank on the top five are
8Tripura asset ONGC
8Lohar field of Selan
8ONGC's Cambay asset
8Kharijisan of Selan
8CB-ONN-2004/1 of ONGC
Get the full ranking of all blocks here

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