Chemical

Univar announces Streamline 2022 program

Initiative is designed to accelerate growth, reduce leverage to 3.0x by end of 2021 and Improve EBITDA margins to 9% by end of 2022.

Agritech Enablers to increase farmers' income manifold

The company aims to significantly improve farm efficiency thereby helping farmers become world-class agripreneurs, while delivering above industry RoI (Return on Investment) to its shareholders.

Bayer CropScience earnings rises on good monsoon

On-time arrival of monsoon and uninterrupted availability of agri-inputs helped the company achieve higher sales during the first quarter.

Petrochemical

Iran launches multiple petchem projects

The country plans to launch 17 petrochemical projects by the end of the current Iranian calendar year, which ends on March 20, 2021.

MRPL swings to loss due to lower crude demand

The company said that the crude throughput for the quarter was significantly lower due to lower demand for petroleum products on account of Covid-19 pandemic.

BASF to acquire SPC, China's alkoxylate assets

Acquisition will help meet the growing demand for alkoxylates in the APAC market, especially in China.

GAS

Air Products’ LNG technology selected for expansion project in Qatar

Each of the four new LNG process units, the largest LNG production trains in the world, will have a production capacity of 7.8 million metric tons per year (m.t./yr).

Consortium secures funding for Germany's renewable hydrogen project WESTKUSTE 100

The approved funding for the project, starting on 1 August 2020, amounts to EUR 30 million and the overall project has a total budget of EUR 89 million.

Digitization

Lubrizol acquires 3D printing company

The acquisition expands Lubrizol’s 3D printing design, prototyping, printing and post-processing capabilities.

Arkema strengthens partnership with American 3D technology start-up

Partnership aims at rapidly advancing the development of 3D composite manufacturing, a groundbreaking innovation for strong, lightweight structures.

Opinion

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Global nano zinc oxide market expected to reach $7.7 billion by 2022: Dr. Richard Lobo

Functionality of nano zinc oxide in cosmetic and personal care is highest due to their exceptional physio-chemical properties.

Need for intelligent chemical dosing pumps

Equipped with adaptive controls and state-of-the-art technology, digital dosing solutions can provide any alterations in stroke speed and ensure optimum accuracy.

COVID-19: Imbalances in chemical industry

The imbalances will take time but one has to change their behaviour and also ways of working to get the desired result

Appointments

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Vartika Shukla assumes charge of Director in Engineers India

Prior to this, Shukla was holding the position of Executive Director (Technical) in EIL.

Lisa J Brown appointed Addl. Director of Pi Industries

Lisa Brown has an extensive and rich experience of more than 2 decades in diverse sectors including, industrial, technology, consumer etc.

Nilkanth Natu appointed CFO of Sudarshan Chemical

Appointment is effective from 28 July 2020.