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NTPC pitches for long term LNG contract: Lessons here for the fertilizer industry |
Aug 14:
Fertilizer companies buying LNG directly for their non-urea manufacturing can derive some lessons from the deal struck by a gas supplier for flexible yet long-term supply of LNG with NTPC.
8NTPC has figured that its gas-based power stations can do with some long-term RLNG supplies to take care of times when demand for power surges ahead.
8Gas generation units are capable of quick ramp-up when there is an urgent demand for power during peak season.
Find out the details of the deal in terms of:
8ACQ quantity
8Flexible gas supply timing
8Flexibility in daily supply quantity
8Annual TOP quantity
8More such flexible deals will be the norm going ahead, as the gas market begins to get more competitive from 2020 onwards when large supplies of KG Basin gas will come in from discoveries developed by ONGC and RIL-BP
Click on Details for more
Details |
Kochi-Koottanad-Bengaluru-Mangalore pipeline: GAIL admits it is to be delayed |
Aug 14:
GAIL has now confirmed that the Kochi-Koottanad-Bengaluru-Mangalore is going to be delayed beyond the December 2018 deadline
8What is the new deadline set by GAIL?
8But according our sources on the ground, the pipeline is going to be delayed well beyond what GAIL has set as the new deadline.
8This will have repercussions down the line on industries depending on gas supply from the pipeline.
Click on Reports.
Details |
Deepak's turnaround has a story to tell |
Aug 14:
Deepak Fertilizers' turnaround in the quarter in fertilizer profitability in encouraging
8This has come despite not being able to fully pass on phos acid price increase and Rupee depreciation
Click on Reports for more
Details |
Shipment Details |
Aug 14:
8A Sulphuric Acid shipment is expected to arrive on the 16th of August.
8A Rock Phosphate shipment is arriving on the 17th of August with a total quantity of 74,135T.
8A Urea shipment is also expected to arrive on the 22nd of August with a total quantity of 30,599T.
Click on Details for the Importer's Information
Details |
Download Tenders and Newsclips |
Aug 14:
For reference purposes the website carries here the following tenders:
8Tender for Supply of Electro Pneumatic Positioner Details
8Tender for Refurbishment of Huskey 630 TIL Crane in Auto Workshop Details
8Tender for Hiring services for Structural Designing, detailing with Steel Hopper drawings Details
8Corrigendum-Annual maintenance contract for Shaft replacement of Dryer Drum Trunnion Roller Assembly Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Farmers’ group proposes tax on seeds, fertiliser to raise funds Details
8Yara Ghana boosts farmers yield and profits Details
8IFFCO is pride of India: Rupala Details
8India to continue importing fertiliser in medium-term Details
8Soybean futures dropped over 4% and corn contract for December fell 3.25% and September wheat fell 1.71% following WASDE report Details
You can also click on Newsclips for more
Details |
Market Round-Up of Gujarat: Inadequate supply reported |
Aug 14:
8Currently in Gujarat there is very less rainfall which is why the demand for the fertilizers is slow, however, there is some demand for the Ammonium Sulphate in most of the districts of the state, also there is some demand for urea in some districts also.
8Despite low demand, there is inadequate supply of Ammonium Sulphate and Urea in districts such as Anand, Banaskantha & Bhavnagar of Gujarat.
8GSFC is the most preferred brand for Urea & Ammonium Sulphate in most of the districts.
8As per retailers in the Surat district, they are getting a margin of Rs20 to Rs25/bag on IFFCO's DAP with an MRP of Rs1250/bag, And IPL is the most preferred brand for MOP in the district.
Click on Details to know the margins & brand preferences in other districts of the state.
Details |
Software updates: Fertilizer projects |
Aug 14:
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 Crore
8Project Event: EOI has come out for process licensor and the last date for submission of the bid was 12 July, but no one has submitted the bid, so the bid submission date may be extended.
Click here for more information
SSP Fertilizer Greenfield Project
8Cost - Rs 90 Crore
8Project Event: RFQ for LSTK contractor has been re-released due to technical reason and the last date for submission of bid is 20 August 2018. The company has been also released the tender for Civil Contractor.
Click here for more information
Details |
Download Tenders and Newsclips |
Aug 13:
For reference purposes the website carries here the following tenders:
8Biennial rate contract for maintenance jobs of rotary machines Details
8Tender for Field support services for trouble shooting and overhauling jobs on pumps Details
8Corrigendum-Tender for Non-Comprehensive Annual Maintenance Contract for NFSS UPS Details
8Tender for supply of SS Pipes Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oman to host 9th GPCA Fertilizer Convention Details
8APO Asian Productivity Organization : promotes biofertilizers and biopesticides Details
8IFFCO Rs 325 crore JV with Congelados De Navarra to setup IQF plant for vegetables, fruits, herbs and pre-cooked dishes at Ludhiana Details
8Rwanda fertiliser JV APTC 30% and OCP 57.4% as well as Govt of Rwanda 12.6% from generic fertilisers to tailor-made fertilisers Details
8Ramagundam Fertilizers and Chemicals Limited (RFCL) to start production of fertilizers from December 31 this year Details
8Assam Students Union at Brahmaputra Valley Fertilizers in Namrup demanding commissioning of IV unit as approved by the cabinet Details
You can also click on Newsclips for more
Details |
Rs 70.77 crore business secured by PDIL in Q1 2018-19 |
Aug 13:
PDIL has secured a business of Rs 70.77 Crore during the 1st quarter of the Financial Year 2018-19. The major orders secured by PDIL during this period are
8 PMC services for 2200 MTPD Ammonia & 3850 MTPD Urea plants and associated Offsites & Utilities at Barauni for HURL, New Delhi
8 PMC services for capacity augmentation of IOCL’s LPG Import Terminal at Kandla.
8 Consultancy services for implementation of various schemes under ESP-II at NFL, Vijaipur.
Click on Report for more
Details |
NFL MOP Tender Update |
Aug 13:
8NFL has released a tender for Inviting a EOI from manufacturers of MOP for entering into a long term import contract on 7th of July 2018, the closing date for the tender was 6th of August at 18:00hrs, the tender is for a total quantity of 5,00,000MT of MOP imports on a long term basis
Click on Details to know more
Details |
Software updates: Fertilizer projects |
Aug 13:
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 Crore
8Project Event: The engineering study is not started yet, The purchase of the long lead item is ongoing. The construction is likely to be started in February 2019.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 Crore
8Project Event: RFQ for the EPC contractor is likely to be released soon, the company is still awaiting capital approval.
Click here for more information
Details |
Shipment Details |
Aug 13:
8Three Phosphoric Acid Shipments are expected to arrive on the 19th & 20th of August.
Click on Details for the Importer's Information
Details |
Weekly Urea Round-Up |
Aug 13:
In the US Gulf, large particle prices have moved upward by $3/mt.
8Large articles prices in China has moved marginally to $275/mt
8Smaller Granular prices in China have gone up to $278/mt
8In Iran, large particle prices are up by $10/mt.
8Urea prices in Egypt of large particles have moved up by $5/mt.
8Prices in Ukraine of small granular have moved upward by $7/mt.
8In Baltic sea, small granular prices have drifted up by $5/mt.
8Urea prices in Romania of small granular have moved up by $3/mt.
8Large particle prices in Indonesia/Malaysia are stable.
8In Arabian Gulf, large particle prices have moved upward to $264/mt.
8Also, in the Arabian Gulf, small granular prices are up by $5/mt.
8Prices in France Atlantic of large particles have moved marginally northward.
8Finally, in Venezuela, large particle prices have moved upward by $4/mt.
Click on Prices for our daily coverage of Urea International prices around the world
Details |
NFL profit jumps 66% in first quarter Q1 2018-19 |
Aug 13:
National Fertilizers Limited (NFL) has posted a 66% jump in Profit before Tax at Rs. 65.91 Crore in the first quarter ended June 30, on the back of higher contribution from traded activities.
8The total revenue of the company increased by 15.5% to Rs. 2167 Crore during April - June quarter of 2018-19.
8The Profit after Tax of the company also showed an improvement of 59% at Rs. 41.22 Crore.
8The company also saved significantly on account of energy consumption in plants and earned better from the sale of industrial products during the quarter.
8NFL has taken several new initiatives in the last three years which helped the company in improving it's physical and financial performance.
8The company has improved its urea production over the years and has added many new products in its profile to maintain new levels.
8The paradigm shift in business strategy of NFL is helping the company to sustain its growth, NFL Chairman and Managing Director Manoj Mishra said in a statement, The fertilizer major is operating five urea plants in the country and is marketing almost all types of fertilizers, seeds, agrochemicals and industrial products.
Click on Details for more
Details |
Software updates: Fertilizer projects |
Aug 10:
Ammonia-Urea Energy Saving Project
8Cost - Rs 347 Crore
8Project Event: NIT for LSTK contractor has been released and it is likely to be finalized in November 2018.
Click here for more information
Single Super Phosphate Expansion Project
8Cost - Rs 35 Crore
8Project Event: The amendment has submitted for the environmental clearance, Tender for Contractor is likely to be released in September in place of July 2018.
Click here for more information
Details |
Free land for 3 PSU units; PAC wants quality certificates before paying subsidy |
Aug 10:
For reference purposes the website carries here the following tenders:
8Corrigendum: Annual Maintenance Contract of Chiller Unit of New CNA Plant Details
8Removal, Repair and Installation Jobs in Methanol plant Details
8Corrigendum: Replacement of Supports of Liquid Ammonia Lines Details
8Carrying out Hot Insulation Jobs during shut down in HWP Details
You can also click on Tenders for more
For reference purposes the website carries here the following reports:
8Major trends affecting future demand for critical raw materials: A Report Details
8Agricultural Residues for future energy options: An Analysis Details
8Use of digestate from a decentralized on-farm biogas plant as fertilizer in soils: A Study Details
8Rural Infrastructure, Land Productivity and Crop Diversification: An Assessment Details
8Home composting as an alternative treatment option for organic household waste: A Paper Details
8Results Presentation of DCM Shriram Limited [July 2018] Details
8Corporate Presentation of Deepak Fertilisers and Petrochemicals Corporation Limited [2018] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Deepak Fertilisers Q1 net up 10% at Rs 37.25 crore Details
8MSP hike may be a good decision Mr Modi, but what about these 2 issues plaguing farmers Details
8JDC’s IHP technology successfully produces high-quality super-phosphoric acid Details
8Right knowledge of MGNREGA can bring radical change: UP CM Details
8Cabinet nod to give land on lease and other concession to revive 3 urea units Details
8As global prices soar, farmers pay more for fertilisers Details
8PAC asks fertiliser min to obtain quality certificates from States before paying subsidy Details
You can also click on Newsclips for more
Details |
Shipment Details |
Aug 10:
8A Sulphur shipment is arriving on the 11th of August with a total quantity of 26,500T.
8A Sulphuric Acid shipment is also expected to arrive on the 16th of August.
Click on Details for Importer's Information
Details |
DCM Shriram: Temporary blip in profit but better results likely ahead |
Aug 10:
DCM Shriram has reported a 6 per cent decline in its consolidated net profit at Rs 218.34 crore for the first quarter of this fiscal. But thi s is expected to be only a temporary blip.
8However, total income from operations rose marginally to Rs 2,077.66 crore during April-June period of 2018-19 fiscal from Rs 2,065.03 crore in the corresponding period of the previous year.
8Meanwhile, margin and working capital pressures in sugar business led to PAT going down by 6.5 per cent, the company said in a statement.
8The company is also strengthening the product portfolio to achieve sustained growth.
Click on Reports for more in-depth insights on the financial developments
Details |
Market Round-Up Karnataka |
Aug 10:
8The retailers from different districts of Karnataka told our website that nowadays there is more demand for Urea than DAP also there is some demand of complexes in some districts
8As per the retailers of the Mysore district, they are getting a margin of Rs30/bag to Rs35/bag on the DAP with an MRP of Rs1340/bag from companies like MCF and Zuari and a margin of Rs22/bag on DAP with an MRP of Rs1260/bag from Greenstar Fertilizers
Click on Details to know the margins and brand preferences in different districts of the state
Details |
Chambal: Will its gamble pay off? |
Aug 09:
Chambal has gone where other fertilizer companies have refused to go
8Its new ammonia-urea unit to start up in early 2019?
8How are the cost-economics working out?
8Will the gamble pay off?
For a detailed analysis click on Reports
Details |
| | Aug 09:Market Round-Up
Details | | Aug 09:Spain's firm signs MoU with Punjab to set up Rs 300cr unit
Details | | Aug 08:Software updates: Fertilizer projects
Details | | Aug 08:Download Reports, Tenders and Newsclips
Details | | Aug 08:Cleaner production opportunity in fertilizers: Many benefits
Details | | Aug 08:NCFL plant shutdown: Urea Shortage in Telangana
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