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HAZIRA CRACKER
Russia replaces UAE as the top naphtha supplier to India in 2024-25Russia has overtaken the UAE as India's leading naphtha supplier. This change is due to discounted prices, with Russia providing more than ...
Cracker of an expansion: Nayara's $8 bn petrochemical planNayara Energy, backed by Rosneft, plans to invest ₹68,000 crore to set up a 1.5 mtpa ethane cracker at its refinery in Vadinar, Gujarat. Th...
GAIL announces Rs 60,000 crore ethane capexGail India plans to set up a 1500 KTA ethane cracker project in Madhya Pradesh, with an investment of Rs 60,000 crore. Ethane, a component ...
Gail may line up Rs 50,000 crore capex in big petrochemical betGail (India) intends to invest up to ₹50,000 crore in constructing a 1.5 million tonnes per annum ethane cracking unit at Sehore, Madhya Pr...
GAIL, ONGC to look at importing ethane at Shell's Hazira terminalState gas utility GAIL (India) Ltd and oil producer ONGC have signed a tripartite memorandum of understanding (MoU) to explore opportunitie...
GAIL imitates Reliance with US ethane plansGAIL has a petrochemical plant at Pata, near Kanpur in Uttar Pradesh, and is also looking to set up another unit at Usar in Maharashtra. Th...
MoEF panel nod to RIL's Hazira manufacturing complex's Rs 10k Cr expansion, debottleneckingThe Expert Appraisal Committee under the Ministry of Environment, Forests and Climate Change has recommended Environmental Clearance for th...
RIL's backward integration to boost petrochemical marginsRIL is the first company in the world that has started large-scale ethane import.
Green nod to RIL for Rs 2,100 crore expansion of petrochem complexNear Hazira in Surat district, the complex comprises of naphtha cracker, feeding downstream petrochemical, fibre intermediates and polyeste...
RIL gets world's 1st very large ethane-carrying shipsReliance had in 2014 ordered building of six Very Large Ethane Carriers (VLECs) at Samsung Heavy Industries' shipyards in Korea.
RIL's Hazira plant under lens for alleged excise duty evasionThe Directorate General of Central Excise Intelligence (DGCEI) here has started a probe in the case and sought certain clarification from R...
Reliance Industries to shut Hazira cracker for 4 weeks for maintenanceRIL will shut down its Hazira manufacturing unit for four weeks beginning last week of September for routine maintenance and turnaround act...
Reliance Industries to save $450 million/year by importing ethane from USReliance Industries will save about $450 million annually by importing 1.5 million tons ethane from US for its petrochemical plant, says a ...
- ONGC arm awards $1.5-b contract to Samsung, German firm
ONGC Petro-addition (OPaL) - a subsidiary of state-owned Oil & Natural Gas Corp (ONGC) - has awarded a $1.5-bn contract for its ethylene pr...
- Buy L&T at a target price of Rs 1,118: BNP Paribas
Our DCF valuation for the standalone company results in a Rs 946 contribution to our Rs 1,118 target price; assumptions include a WACC of 1...
- Larsen & Toubro bags Rs 1,695-cr Kuwait order to supply reactors
Larsen & Toubro (L&T) has bagged a Rs 1,695-crore export order from Kuwait National Petroleum Company to manufacture and supply reactors fo...
- L&T bags Rs 267 cr orders from domestic, intl clients
Engineering and construction major Larsen & Toubro Ltd (L&T) has bagged two contracts worth Rs 267 crore from Indian Oil Corporation Ltd (I...
- End differential tax on naphtha
Finance minister P Chidambaram could look at doing away with the the present policy of end-use based differential import duty on naphtha in...
- ONGC gets board nod for C-series field in Mumbai, Dahej
The ONGC board has approved the development of C-series in Mumbai offshore and Dahej Petrochemical complex.
- Surat goes under water
Monsoon this year has managed to do a ‘Mumbai-26/7’ on Surat - leaving the diamond city marooned. Life is in disarray and the city’s busine...