With the budget offering little to the chemicals industry it is time to pile on to the rural rickshaw and hope for a trickle down efect from the enhanced spending that the government has planned in this part of India....
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...
The Indian government is reportedly planning a stimulus package for chemicals. But I don't think this can be called a stimulus package as the proposals seem to be mainly about tariff reduction. The department of chemicals and petrochemicals is...
A steep drop in petrochemicals demand had dragged down naphtha prices in the last two months. But low prices have stinulated demand, not only from crackers but also from fertiliser and power plants. With naphtha below $300/tonne, some Indian...
The Tatas are set to launch India’s first $8bn coal-to-liquid (CTL) project. The project, a joint venture with Sasol, is said to have received government clearance. The Tatas have sought access to 30m tonnes/year of coal to produce 3m bbls...
Reliance Industries is known for optimising value. It is now reported to be looking at utilising the petroleum coke from its Jamnagar refineries for production of synthetic fuel such as diesel and naphtha. A report in the Business Line talks...
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