#OPaL ONGC

[rkassociatesvaluers]

Delighted to inform you that we have successfully completed yet another high-value, complicated, and complex asset valuation for 𝐎𝐍𝐆𝐂 𝐏𝐞𝐭𝐫𝐨 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (𝐎𝐏𝐀𝐋). The Plant was inaugurated in March 2017 by our Hon'ble Prime Minister Shri Narendra Modi ji and was established with a total investment of around ₹ 30,000 Cr.

𝐎𝐏𝐚𝐋’𝐬 𝐃𝐮𝐚𝐥 𝐅𝐞𝐞𝐝 𝐂𝐫𝐚𝐜𝐤𝐞𝐫 𝐔𝐧𝐢𝐭 (𝐃𝐅𝐂𝐔) is a technological marvel and one of Asia’s largest petrochemical complexes.

OPAL is a 1.1 MMTPA (1100 KTPA) Petrochemicals Complex. It is spread over a land area measuring 529.91 Ha or 1,309.39 acres situated at Dahej SEZ, Dist. Bharuch, Gujarat, India. It is a Dual Feed Cracker Plant and has the capacity to produce 14 lakh tons of Polymers & 5 Lakh tons of chemicals.

It was a tough & complicated assignment for its technological complexity but the 𝐑.𝐊 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞𝐬 expert team handled it very maturely and well. Other high-value and complicated assets work done by RKA in the Petrochemical sector are Haldia Petrochemicals, MCPI, etc.

More Info:

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[chemanalystdata]

Polyethylene Glycol Prices: Price, Trend, Pricing, News, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America:

In the third quarter of 2023, Polyethylene Glycol (PEG) prices in North America experienced fluctuations. Initially, producers reduced quotations due to a decrease in demand for PEG 200 from end-user industries, coupled with sluggish activities in downstream sectors. Concurrently, extended logistics durations resulted from disruptions in US shipping and freight routes, influenced by declining water levels in the Mississippi and Ohio rivers and delayed shipping activities through the Panama Canal. As a result, product prices saw an increase mid-quarter. Tight supply rates persisted due to decreased production caused by disruptions in upstream Ethylene supplies, linked to a global reduction in inventories of upstream Crude oil resulting from production cuts by Russia and OPEC+. Additionally, a slight decline in demand occurred as the Federal Reserve Bank raised bank interest rates to counter rising inflation, leading to a slowdown in the region's economic growth. Offtakes from the Pharma sector remained moderate. The occurrence of Hurricane Idalia on August 30, 2023, further hindered supply rates, contributing to a price increase towards the end of the quarter.

Asia:

In the Asian region, Polyethylene Glycol prices remained robust, witnessing a nearly 6% increase in the third quarter of 2023. At the quarter's outset, demand for PEG 400 surged from eye drop manufacturers in India due to a sudden rise in conjunctivitis cases. However, inadequate supplies were experienced as production rates were affected by the low availability of upstream Ethylene caused by plant shutdown activities at ONGC Petro-addition (OPAL). Prices rose marginally mid-quarter, driven by stabilized demand for PEG 400 from the Pharma sector and limited supplies from Middle East exporters. Regional storms and typhoons, such as Doksuri, Saola, and Khanun, along with heavy rainfall, prolonged logistics durations, and supply rates remained insufficient. Operating rates declined due to the weak availability of upstream Ethylene supplies amid Crude Oil production cuts by OPEC+ and Russia. Consequently, product supply rates stayed moderately low. Prices increased again towards the quarter's end as procurement activities remained strong before the arrival of festivals and holidays in the region.

Europe:

Polyethylene Glycol prices in Europe experienced shifts during the third quarter of 2023. Initially, prices decreased due to surplus stock availability resulting from sluggish consumption rates in downstream industries amid moderate activities in end-user sectors. High energy prices and a rise in bank interest rates by the European bank led to decreased demand, causing a slowdown in Eurozone growth. Consumption rates remained moderately low during summer holidays in the region, although stable orders were received from the Pharma sector. Prices declined marginally mid-quarter due to limited supply rates, while high cost support on upstream Ethylene, driven by escalating Brent Crude Oil prices and stressed Crude Oil stocks from global refinery production cuts, contributed to increased prices towards the quarter's end. The European Central Bank's hike in bank interest rates negatively impacted demand from buyers at the end of the third quarter of 2023.

Get Real Time Prices of Polyethylene Glycol: https://www.chemanalyst.com/Pricing-data/polyethylene-glycol-peg-1171

Middle East:

In the Middle East region, Polyethylene Glycol prices demonstrated a bullish trend, surging by nearly 9% in the third quarter of 2023. Initially, prices rose due to a sudden increase in PEG demand from Asian importers and stressed inventory levels. Inadequate stocks resulted from a decline in production rates towards the previous quarter's end. Prices increased marginally mid-quarter due to stabilized demand for PEG 400 from Asian importers for eye drop production. Simultaneously, feedstock Ethylene costs rose amid high upstream prices caused by a decline in global inventories and production cuts by OPEC+ and Russia. The production rates declined, and suppliers limited their supply rates to importers. Towards the quarter's end, the unplanned outage of Yanbu National Petrochemical Company negatively impacted PEG production rates, leading to increased product prices amid moderate demand and limited supply rates to importers. 

Contact Us:

ChemAnalyst

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15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

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[freegovtjobalertdaily]

OPAL Apprentice Recruitment 2023 @bharuch

ONGC Petro Additions Limited has Published Apprentice Bharti Bharuch News For Various Trades. ITI Pass Candidates Can Apply For This Apprentice Job in Bharuch. Invites Applications From Suitable Candidates For this 1 Year Durations. OPAL Apprentice Recruitment 2023 Job Recruitment Board ONGC Petro Additions Limited Notification No. Apprentice Post Fitter & Other Vacancies 40+ Job…

[abwebsworld]

Bliss Flow Systems India has secured an order from OPAL to supply Rupture Pin Valves, Rupture Pin Valve Supplier & distributor in India for their plant in Dahej. We are excited to get this order from OPAL, subsidiary of ONGC to supply our Rupture Pin Valve. The valves are made in USA with top notch quality. All the test reports are approved by OPAL and has been delivered on time.

Get Contact Detail +91 44 79614177.

[ojasadda]

OPAL Recruitment For Various Vacancies 2022

OPAL Recruitment For Various Vacancies 2022

OPAL Recruitment For Various Vacancies 2022 ONGC Petrol additions Limited (OPaL), a multi billion joint venture company was incorporated in 2006. OPaL is promoted by Oil and Natural Gas Corporation (ONGC) and co-promoted by GAIL and GSPC. ONGC Petrol additions Limited Has Released the Latest Notification for the Recruitment of Executive, Sr. Manager, Ass. Manager, Dy. Manager, Executive vacancy…

[dailyhogwartsgazette]

New FIR lodged against arms dealer Sanjay Bhandari

NEW DELHI: In a fresh bout of trouble for absconding arms dealer Sanjay Bhandari, the Central Bureau of Investigation (CBI) has booked Bhandari, M/s Samsung Engineering, a South Korean company and “unknown” officials of ONGC/ONGO petro addition (OPAL) on charges of corruption and criminal conspiracy. It is alleged that acting as middleman Bhandari “induced” unknown public servants to show “undue favour” to the consortium of M/s Samsung Engineering Corporation Ltd. South Korea in the awa ..

Read more at: https://economictimes.indiatimes.com/news/politics-and-nation/new-fir-lodged-against-arms-dealer-sanjay-bhandari/articleshow/76727299.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

[tezlivenews]

ONGC Recruitment 2022: फायरमैन से लेकर मैनेजर के पदों पर हो रही है भर्ती

ONGC Recruitment 2022: फायरमैन से लेकर मैनेजर के पदों पर हो रही है भर्ती

ONGC Recruitment 2022: तेल एवं प्राकृतिक गैस निगम लिमिटेड, Oil and Natural Gas Corporation Limited (ONGC) में नौकरी (Sarkari Naukri) की तलाश कर रहे युवाओं के लिए अच्छी खबर है. ओएनजीसी ने इसके लिए पेट्रो एडिशंस लिमिटेड (OPAL) के तहत मैनेजर और एग्जीक्यूटिव के पदों पर भर्तियां निकाली है. इस पदों पर आवेदन करने वाले इच्छुक एवं योग्य उम्मीदवार ONGC की आधिकारिक वेबसाइट ongcindia.com पर जाकर अप्लाई कर…

[amarugujarat]

ONGC Dahej General Manager, Dy. Manager, Manager & Executive Recruitment 2022

ONGC Dahej General Manager, Dy. Manager, Manager & Executive Recruitment 2022

OPaL Recruitment 2022   ONGC Petro additions Limited (OPaL), Dahej has Invites Application Form For the General Manager, Dy. Manager, Manager & Executive, Interested and Eligible Candidates can through  apply online Links. It is a good opportunity for all the interested candidates who are looking for Jobs in OPal Dahej ,For more information related to Educational Qualification, Age Criteria,…

[latestsarkarijobs]

OPAL Recruitment 2021- 13 कार्यकारी (Executive) भर्ती 2022

OPAL Recruitment 2021- 13 कार्यकारी (Executive) भर्ती 2022

ONGC पेट्रो एडिशन्स लिमिटेड OPAL Recruitment 2021   OPAL Recruitment 2021: ONGC पेट्रो एडिशन्स लिमिटेड ने 13 कार्यकारी (Executive) पदों के लिए रोजगार समाचार प्रकाशित किया है OPAL Job Vacancy के इच्छुक सभी उम्मीदवारों से निवेदन है की ONGC Petro additions Limited के लिए आवेदन करने से पहले रोजगार संबंधी सभी आवश्यक जानकारियाँ पढ़ लें उसके बाद ही आवेदन करें। Apply Online For 13 Executive Posts In OPAL…

[greenbilly]

ONGC Petro Additions Limited

Check ONGC OPAL Recruitment 2021 for Executive & Non-Executive Posts. Know about application process, exam date, qualification and selection process in this article.

[chemanalystdata]

Analyzing the Market: Polyethylene Glycol Pricing Strategies and News

For the Quarter Ending September 2023

North America:

In the third quarter of 2023, Polyethylene Glycol (PEG) prices in North America experienced fluctuations. Initially, producers reduced quotations due to a decrease in demand for PEG 200 from end-user industries, coupled with sluggish activities in downstream sectors. Concurrently, extended logistics durations resulted from disruptions in US shipping and freight routes, influenced by declining water levels in the Mississippi and Ohio rivers and delayed shipping activities through the Panama Canal. As a result, product prices saw an increase mid-quarter. Tight supply rates persisted due to decreased production caused by disruptions in upstream Ethylene supplies, linked to a global reduction in inventories of upstream Crude oil resulting from production cuts by Russia and OPEC+. Additionally, a slight decline in demand occurred as the Federal Reserve Bank raised bank interest rates to counter rising inflation, leading to a slowdown in the region's economic growth. Offtakes from the Pharma sector remained moderate. The occurrence of Hurricane Idalia on August 30, 2023, further hindered supply rates, contributing to a price increase towards the end of the quarter.

Asia:

In the Asian region, Polyethylene Glycol prices remained robust, witnessing a nearly 6% increase in the third quarter of 2023. At the quarter's outset, demand for PEG 400 surged from eye drop manufacturers in India due to a sudden rise in conjunctivitis cases. However, inadequate supplies were experienced as production rates were affected by the low availability of upstream Ethylene caused by plant shutdown activities at ONGC Petro-addition (OPAL). Prices rose marginally mid-quarter, driven by stabilized demand for PEG 400 from the Pharma sector and limited supplies from Middle East exporters. Regional storms and typhoons, such as Doksuri, Saola, and Khanun, along with heavy rainfall, prolonged logistics durations, and supply rates remained insufficient. Operating rates declined due to the weak availability of upstream Ethylene supplies amid Crude Oil production cuts by OPEC+ and Russia. Consequently, product supply rates stayed moderately low. Prices increased again towards the quarter's end as procurement activities remained strong before the arrival of festivals and holidays in the region.

Europe:

Polyethylene Glycol prices in Europe experienced shifts during the third quarter of 2023. Initially, prices decreased due to surplus stock availability resulting from sluggish consumption rates in downstream industries amid moderate activities in end-user sectors. High energy prices and a rise in bank interest rates by the European bank led to decreased demand, causing a slowdown in Eurozone growth. Consumption rates remained moderately low during summer holidays in the region, although stable orders were received from the Pharma sector. Prices declined marginally mid-quarter due to limited supply rates, while high cost support on upstream Ethylene, driven by escalating Brent Crude Oil prices and stressed Crude Oil stocks from global refinery production cuts, contributed to increased prices towards the quarter's end. The European Central Bank's hike in bank interest rates negatively impacted demand from buyers at the end of the third quarter of 2023.

Get Real Time Prices of Polyethylene Glycol: https://www.chemanalyst.com/Pricing-data/polyethylene-glycol-peg-1171

Middle East:

In the Middle East region, Polyethylene Glycol prices demonstrated a bullish trend, surging by nearly 9% in the third quarter of 2023. Initially, prices rose due to a sudden increase in PEG demand from Asian importers and stressed inventory levels. Inadequate stocks resulted from a decline in production rates towards the previous quarter's end. Prices increased marginally mid-quarter due to stabilized demand for PEG 400 from Asian importers for eye drop production. Simultaneously, feedstock Ethylene costs rose amid high upstream prices caused by a decline in global inventories and production cuts by OPEC+ and Russia. The production rates declined, and suppliers limited their supply rates to importers. Towards the quarter's end, the unplanned outage of Yanbu National Petrochemical Company negatively impacted PEG production rates, leading to increased product prices amid moderate demand and limited supply rates to importers. 

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

[govtjobsguru]

📌 *ONGC OPal Recruitment 2022, Apply Online Apprentice 42 Post*

*ओएनजीसी ओपल भर्ती 2022, ऑनलाइन अपरेंटिस 42 पोस्ट आवेदन करें*

[navakarnatakatimes]

JOB NEWS: ತೈಲ ಮತ್ತು ನೈಸರ್ಗಿಕ ಅನಿಲ ನಿಗಮದ ಹುದ್ದೆಗಳಿಗೆ ಅರ್ಜಿ ಆಹ್ವಾನ

JOB NEWS: ತೈಲ ಮತ್ತು ನೈಸರ್ಗಿಕ ಅನಿಲ ನಿಗಮದ ಹುದ್ದೆಗಳಿಗೆ ಅರ್ಜಿ ಆಹ್ವಾನ

ONGC Recruitment 2022: ತೈಲ ಮತ್ತು ನೈಸರ್ಗಿಕ ಅನಿಲ ನಿಗಮದ (ONGC) ಪೆಟ್ರೋ ಅಡಿಶನ್ಸ್ ಲಿಮಿಟೆಡ್ (OPAL) ನ ಮ್ಯಾನೇಜರ್ ಮತ್ತು ಎಕ್ಸಿಕ್ಯೂಟಿವ್ ಹುದ್ದೆಗಳಿಗೆ ನೇಮಕಾತಿಗಾಗಿ ಅರ್ಜಿಗಳನ್ನು ಆಹ್ವಾನಿಸಲಾಗಿದೆ. ಈ ಹುದ್ದೆಗಳಿಗೆ ಅರ್ಜಿ ಸಲ್ಲಿಸಲು ಬಯಸುವ ಆಸಕ್ತ ಮತ್ತು ಅರ್ಹ ಅಭ್ಯರ್ಥಿಗಳು ONGC ಯ ಅಧಿಕೃತ ವೆಬ್‌ಸೈಟ್ ongcindia.com ಗೆ ಭೇಟಿ ನೀಡುವ ಮೂಲಕ ಅರ್ಜಿ ಸಲ್ಲಿಸಬಹುದು. ಈ ಹುದ್ದೆಗಳಿಗೆ ಅರ್ಜಿ ಪ್ರಕ್ರಿಯೆ ಫೆಬ್ರವರಿ 24 ರಿಂದ ಪ್ರಾರಂಭವಾಗಿದೆ. ಈ ನೇಮಕಾತಿ ಕುರಿತಾದ…

[indian-petrochem]

Sep 23, 2021

A revision in PP and PE prices has been announced by ONGC Petro additions Limited (OPAL), According to sources, with effect from September 23, 2021 the following price revisions have been made.

PP grade prices raised by Re.1/Kg basic.

HDPE and LLDPE prices have been rolled over.

For detailed prices please refer to the final circular.