News

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/2020

India’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/2020

INEOS 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/2020

IOCL 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/2020

Tumbling 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/2020

Asian 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