Entries from India Chemicals Blog tagged with 'GAIL'
Empty promises
The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started...
Getting off the starting block
So the government has finally approved three Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs). Now comes the difficult part. Who is going to undertake mega investments at a time at a time when the global economic outlook is uncertain, demand...
New year ushers in new problems
December closed with ominous signs for the industry. Dow Chemical's proposed commodity petrochemicals joint venture with Petrochemical Industries Co (PIC) was scrapped after strong protests from Kuwaiti opposition leaders who believed that the deal was overpriced at a time when...
Aramco for Vizag?
Saudi Aramco is now being talked about as a prospective investor in the Hindustan Petroleum Corp (HPCL) led refinery and petrochemical complex at Visakhapatnam in Andhra Pradesh. Talks are on to bring in Aramco, says HPCL's chairman in this report...
Assam's mini methanol project
Why is it that state-owned companies refuse to think big? After GAIL (India)'s small cracker it is Assam Petrochemical that has floated a plan for a 165,000 tonnes/year methanol plant in Northeast India. A company source has confirmed that negotiations...
ONGC delays Dahej
This is probably an indication of how difficult it is for Indian public sector companies to put together a petrochemical project. ONGC has announced yet another delay to its cracker complex at Dahej, Gujarat, from mid-2010 to February 2012. The...
Barauni beckons
State-owned IOC and Gail appear to have been drawn into yet another futile petrochemical project by politicians. This time it is in Barauni, Bihar. IOC operates a 6m tonnes/year refinery at Barauni but this is unlikely to yield sufficient feedstock...
New petchem partners
An alliance between Reliance Industries and Gail has been formalised with the signing of an MoU for cooperation in petrochemical projects outside India. The two companies will scout for opportunities and set up a working group to explore naphtha or...
Kakinada revisited
A few months back I had referred to an article in the Indian press which raised doubts on the economic viability of ONGC’s refinery and petrochemicals project at Kakinada, Andhra Pradesh. A few readers have posted comments arguing that the...
Gail turns to Qatar
In its quest for advantaged feedstock, Gail (India) must have explored almost every country in this world. The latest is Qatar where the company is looking at setting up an integrated complex jointly with Qatar Petrochemical Co (Qapco). This report...
PO surplus set to continue
Despite India’s stellar economic performance there are signs that the country’s polyolefin surplus will not disappear very soon. In a presentation at last week’s Asian Chemical and Petrochemical Conference, Raj Datta of Haldia Petrochemicals Ltd drew out three scenarios. In...
New petchem partners
Gail’s quest for petrochemicals has taken an interesting turn. It is now looking to tie up with Reliance Industries and Hindustan Petroleum Corp Ltd (HPCL) to set up two greenfield petrochemical plants. HPCL has planned a cracker at Visakhapatnam and...
Assam blunder?
Today's Assam Tribune reports that the Indian prime minister will lay the foundation stone for Gail's Assam cracker project on 9 April. This is a project that has never made sense but it looks like politicians are determined to see...
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