GAIL Shuts Polyethylene Unit in Pata on Shortage of Gas Feedstock
GAIL, country’s largest gas processing and distribution giants, have reported to implement turnaround in Polyethylene polymer plant at Pata, Uttar Pradesh on restricted availability of feedst... Read More
Sep/2020India’s Y-o-Y Natural Gas Production Tumbles to Record Lows in April-August
India's natural gas output fell cumulatively by 13.2% during April-August period compared to a 1% fall registered in the same period last year. As virus stoked up lockdown fears, domestic na... Read More
Sep/2020INEOS Firms the Final Date for Maintenance Turnaround of Forties Pipeline System
The Forties Pipeline System (FPS) of INEOS, supplies around 40 per cent of North Sea Oil and Gas, and links 80 petrochemical assets to mainland. The planned maintenance shutdown of the pipeline ... Read More
Sep/2020IOCL Re-Evaluates Greenfield Expansion Plans, Undertakes Strategic Decisions for Petrochemical Integration
Indian Oil Corporation Limited (IOCL), country’s largest refining giant announced the re-evaluation of all its expansion plans, under the stress of wavering fuel demand due to Coronavirus ... Read More
Sep/2020Tumbling Rupee and Soft Crude Prices Offset Rise in Profit Bearings of Rubber Manufacturers
Although the cost of natural rubber has showcased a significant rise by over 25 per cent in the last three months, profit bearings of Indian tyre makers did not witness a prominent high as an ou... Read More
Sep/2020Asian Methanol Margins Improve, Methanex Anticipates Good Days Ahead
Methanol futures in the Asian markets rose upwards for two months in a row backed by strong demand from Methanol-to-olefin (MTO) sectors as several plants resumed operations and ramped up produc... Read More
Sep/2020