Page 153 - CW E-Magazine (3-6-2025)

Hydrocarbons a leading chemical manufacturer, as available from ready Stock
part of their strategic growth plans
required companies for l l aLUM-aMMONIa / FeRRIC / POTaSh l l CaLCIUM hYDROXIDe (Hydrated Lime)
aMMONIUM ChLORIDe Tech / Pure
CaLCIUM SULPhaTe / PLaSTeR OF PaRIS
VIABILITY CONCERNS takeover / partnership aMMONIUM BISULPhITe CReaM OF TaRTaR
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BW LPG, Confi dence Petroleum to withdraw Dealing in any of below five segments: aMMONIUM ThIOSULPhaTe COPPeR SULPhaTe aCeTaTe / CaRBONaTe
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aMMONIUM BROMIDe / MOLYBDaTe
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• agrochemicals
DI/MONO aMMONIUM PhOSPhaTe
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from LPG import terminal project in Navi Mumbai • Home & personal care aNILOZYMe Gh / aNILOZYMe S (Desizing) eDTa aCID / eDTa DI / TeTRa SODIUM SaLT
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BaRIUM ChLORIDe / SULPhaTe
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• pharmaceuticals & Lab reagents
FeRROUS SULPhaTe
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• oil & gas BaRIUM CaRBONaTe / hYDROXIDe Tech / Sugar / Crystal / Dried
BW LPG, the world’s leading owner will focus its resources on its core busi- • water treatment BORaX Granular / Crystal / Anhydrous hYDROGeN PeROXIDe
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and operator of LPG vessels based in ness segments – Auto LPG, Packaged The turnover of the company should be BORIC aCID Tech. hYFLOSUPeRCeLL (Decalite Speed Plus)
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CaLCIUM CaRBONaTe PReCIPITaTeD
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Singapore, has announced the “ces- LPG, CNG retailing, LPG bottling, between Rs. 25 crs. to 100 crs. Plant CaLCIUM ChLORIDe Fused / Anhydrous MaGNeSIUM NITRaTe
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sation of its investment” in the planned small-scale LPG terminals, and related must be based in Maharashtra / Gujarat.
LPG onshore import terminal at ancillary services,” it added. UNION CHEMICAL AGENCY / TEX DYES
Jawaharlal Nehru Port Association Please contact: 231, Samuel Street, Vadgadi, Masjid Bunder (W), Mumbai 400 003.
(JNPA) in Navi Mumbai. Reacting to the development, the abvmumbai@gmail.com tel.: +91-22-23421462, 66312763
third jv partner, liquid storage tank pro- Investment bankers are welcome email: unionchemicalagency@gmail.com (ad-2)
The project, a joint venture of BW LPG in the onshore LPG import terminal at vider, Ganesh Benzoplast, said it is in
with Confi dence Petroleum India Ltd. JNPA and discontinue its involvement in discussions with BW Group and CPIL
(CPIL) and Ganesh Benzoplast, aimed to the terminal’s development. Mr. Kristian on the next steps. “Irrespective of the
develop a cryogenic LPG storage facility Sørensen, CEO at BW LPG, states, “We outcome of the discussions with BW and Stratechem (I) Pvt. Ltd.
at JNPA, with a BW LPG investment of are deeply grateful to our partners in India CPIL on the LPG project, the company
approximately $10-mn. Due to heightened for their commitment and collaboration would like to reassure the stakeholders
market uncertainties and a strategic shift throughout the project’s planning phase. that the JNPT land parcel represents one Speciality Chemicals w Ortho Toluene Para Toluene w 4-(Dimethylamino)-Benzoic Acid
w Ammonium Benzene Sulfonate
Sulfonamide Mixture
2 Butoxyethyl Ester
towards optimising resources, BW LPG This decision was not made lightly but of company’s most valuable assets and w Anisole w Para Chloro Benzene Sulfonamide w 4-(Dimethylamino)-Benzoic Acid Ethyl Ester
decided to withdraw from the project. refl ects a realignment of our business this land parcel is unique due to its multi- w Benzene Sulfonic Acid w Para Chloro Benzene Sulfonate (Sodium Salt) w 2,2-Dimethoxy-1,2-Diphenylethanone
priorities in a changing environment. India fold applications,” it said. The company w Benzene Sulfonyl Chloride w Para Chloro Benzene Sulfonyl Chloride w Phenylglyoxylicacid Methyl Ester
The company said the decision is in remains a vital market for BW LPG, and said it continues to be 100% owner of w 2-Benzoyl Benzoic Acid w Para Toluene Sulfonyl Chloride w 4- Methyl Benzophenone
line with the strategy to focus on its core we continue to support its energy transi- the leasehold rights at JNPT. It added w 4-Chloro Benzophenone w Phenyl Acetyl Chloride Thio Compounds
w Diphenyl Sulfide
w Sodium Benzene Sulfonate
value drivers – shipping and trading. tion through other strategic initiatives.” that it has several options for profi table w Diphenyl Sulfone w 2-(Dimethylamino) Ethylbenzoate w Isopropyl Thiophenol
Consequently, the company will scale business prospects for implementation w Methane Sulfonic Anhydride w 2-Benzoylbenzoicacid Methyl Ester w 4-Mercapto Phenol
back activities within its infrastructure In a related development, CPIL on the JNPT land and would continue w Methyl Benzene Sulfonate w 2-Ethylanthraquinone w Para Chloro Thiophenol
segment to ensure optimal resource informed the stock exchanges that it to explore setting up an LPG and/or other w Methyl Para Toluene Sulfonate w 4-Benzoyl-4-Methyl Diphenyl Sulphide w Para Thiocresol
allocation and maintain operational agility. has also decided to discontinue its in- liquid cargo terminal (carbon black w Ortho Toluene Sulfonamide w 4-Phenylbenzophenone w Thio Phenol
As a result, the Company has made a volvement in the LPG import terminal feedstock, base oils, chemicals like Address: 92, Venus, Altamount Road, Mumbai 400 026.
strategic decision to cease the investment project at JNPA. “Going forward, CPIL styrene, phenol, etc.) on this land. Tel.: +91-22-66627509 / + 91-22-66624572  Email: info@stratechem.in  www.stratechem.in
FEEDSTOCK SOURCING ONE OF THE LEADING NAME
AVAILABLE
GAIL gets fi ve bids for US LNG project stake SODIUM SULPHITE IN SPECIALITY CHEMICALS
& TEXTILE AUXILARY
State-owned gas importer GAIL at a company press conference. GAIL latest. It also wants to buy 1-mtpa of  pretreatment chemicals
(India) has received fi ve proposals fl oated the tender just as India negoti- LNG from a US liquefaction plant on a MIN 98% PURITY  Scouring, wetting, rewetting mercerising
for equity stakes in US LNG projects, ated a broader agreement with the US free-on-board basis over a fi rm 15-year ot-40 / 60 / 70 in paste and Liquid
each linked with offers for long-term following President Donald Trump’s period with the option to extend this by PLEASE CONTACT  concentrated Finishing Softners in Flake
and paste Form at Surprisingly Low price
LNG supply contracts. newly imposed tariffs. The tender is a fi ve or 10 years. It is eyeing shipments FOR YOUR REQUIREMENT  denisilk-oc, cwS, Sp, wX, rt, rtH - 100
revival of a similar process kicked off to start in the 2029-30 period. Bids denisilk-er & ar - 100 paste
GAIL had, in April this year, fl oated by GAIL during the previous Biden closed on April 28. Silicone Base elastomers
a tender seeking up to 26 percent stake administration in the US. That was Block Silicones, micro, Blooming agent.
in a US LNG project, bundled with a stalled when then-president Joe Biden GAIL’s Chairman and Managing MFD BY:- wax Based thread Lubricant
15-year liquefi ed natural gas (LNG) put a freeze on new LNG export permits Director Mr. Sandeep Kumar Gupta GULSHAN CHEMICALS PRIVATE LIMITED
supply contract. “We have received for projects at the start of 2024. In the said the company’s latest tender should dineSH cHemicaLS
good response from US companies,” April tender, GAIL sought for offers on not be linked to any other negotiations 703-705, DLF PLACE, SAKET, NEW DELHI - 110017 Ser. No. 178,179, Ambiste Budruk, Taluk Wada,
Dist. Palghar. Off: Meghdoot, 144, S.K. Nagar,
Tel: 011 - 41041504, Mob No: 9999689337
GAIL’s Director (Business Develop- a stake in a US liquefaction project that and it was simply revival of the 2023 Email : contact@gulshanchemicals.com, sales@gulshanchemicals.com Borivili-East, Mumbai-400066.
ment) Mr. Rajeev Kumar Singhal said would be commissioned by 2030 at the tender. Contact Milind: 9273611903, 9168401502
Website: www.gulshanchemicals.com Niranjan: 9271826826, 9860359441
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152 Chemical Weekly June 3, 2025 Chemical Weekly June 3, 2025 153
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