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Archive | July, 2007

Eyes on Ennore

By on 31 July, 2007 in Companies, Government Policy, Petrochemicals

Ennore in Tamilnadu is likely to emerge as the next refining and petrochemicals destination in India, reports ICIS news. Indian Oil Corp (IOC) has identified Ennore for a new range of projects including an export-oriented refinery and/or petrochemicals complex and a liquiefied natural gas (LNG) terminal. IOC’s subsidiary Chennai Petroleum Corp Ltd (CPCL) has already [...]

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More on gas…

By on 24 July, 2007 in Companies, Petrochemicals

Any talk of oil and gas inevitably leads to Reliance Industries and its lucky strikes in the Krisha-Godavari and Cauvery basins in India. The finds are the foundation for Reliance’s upstream business but a lot of work still needs to be done. It is estimated that the company is spending $80,000/day in its search for [...]

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Gas, gas everywhere

By on 18 July, 2007 in Government Policy, Petrochemicals

Gas dominates Indian headlines these days be it new finds or the price at which it will be made available to end-users. If you are short of time and would like to get to the heart of the matter fast, here is the Indian gas situation for dummies. The finds, by private companies such as [...]

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Can exports drive chemicals demand?

By on 12 July, 2007 in Companies, Demand Drivers, Petrochemicals

It is encouraging to read that Samsung Electronics is setting up a major export hub in India. A new plant, its second in India, is being built to produce 1.5m colour TV sets, 200 000 LCD Tvs and 300 000 LCD monitors with output targeted at Europe, the US and the Middle East. Currently, China [...]

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ONGC to partner GACL?

By on 11 July, 2007 in Companies, Petrochemicals

It looks like GACL’s ethylene dichloride (EDC) project at Dahej is still alive. The latest news is that GACL is in talks with ONGC to partner the project. ONGC is building a cracker at Dahej and will be in a position to provide ethylene. This makes sense as the only other alternative for GACL would [...]

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Dow’s latest India move

By on 3 July, 2007 in Companies, Government Policy

Looks like Dow Chemical is set to boost its presence in India. Gujarat Alkalies and Chemicals Ltd (GACL) announced yesterday that it has signed a MoU with Dow for business cooperation in chlorinated organics. It is not yet clear if the cooperation involves manufacturing products in India and the scale of Dow’s investment. What is [...]

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