News

UFlex partners with IIT-Delhi for developing PPE kit

NewsMay 28, 2020

UFlex partners with IIT-Delhi for developing PPE kit

The protective coverall is made from a combination of Non-Woven Polypropylene Fabric and further impregnated with Anti-Microbial PP Coating through a special process to increase the breathability.

Haldor Topsoe joins United Nations Global Compact

NewsMay 27, 2020

Haldor Topsoe joins United Nations Global Compact

In joining, members commit to aligning policies and action with the Ten Principles of the UN Global Compact. The principles provide companies with clear guidelines on responsible business practices within areas such as human rights, labor, environment, and anti-corruption.

Sinopec Hainan to use Hostalen ACP for HDPE plant

NewsMay 27, 2020

Sinopec Hainan to use Hostalen ACP for HDPE plant

The process technology will be used for a 300 KTA high density polyethylene (HDPE) facility to be built in Yangpu, Hainan Province, P.R. China.

Perstorp enters fertilizer market with chloride free potassium product

NewsMay 27, 2020

Perstorp enters fertilizer market with chloride free potassium product

Perstorp is entering the fertilizer market through the launch of Amicult K42. This chloride-free potassium source is shown to have a high solubility and absorption rate, without increasing salinity or clogging foliar and drip irrigation systems.

Lactips raises 13 million euros from Mitsubishi Chemical

NewsMay 27, 2020

Lactips raises 13 million euros from Mitsubishi Chemical

This round was led by Bpifrance’s SPI (Société de Projet Industriel) fund, managed on behalf of the French Government as part of the Investments for the Future Program (PIA), and Diamond Edge Ventures (DEV), the innovation investment arm of Mitsubishi Chemical Holdings Corporation (MCHC).

Covestro and Neste to collaborate on using renewable raw materials for plastics production

NewsMay 27, 2020

Covestro and Neste to collaborate on using renewable raw materials for plastics production

Covestro and Neste are starting a strategic cooperation in Europe to promote the use of sustainable raw materials in plastics production.

Saint-Gobain sells Sika stake to institutional investors

NewsMay 27, 2020

Saint-Gobain sells Sika stake to institutional investors

As a result of this disposal, Saint-Gobain has generated gross gains of €1.54 billion since May 2018.

Deepak Nitrite posts 8% growth in Q4FY20 revenues; elevates Maulik Mehta as ED & CEO

NewsMay 27, 2020

Deepak Nitrite posts 8% growth in Q4FY20 revenues; elevates Maulik Mehta as ED & CEO

Deepak Nitrite Limited has announced its financial results for Q4FY20 whereby the revenues stood at Rs. 526 crore as against Rs. 488 crore in Q4FY19, higher by 8% Y-o-Y. PAT stood at Rs. 116 crore in Q4FY20, as against Rs. 57 crore in Q4FY19, registering growth of 106% on a y-o-y basis.

LG Chem to conduct safety checks at global sites

NewsMay 27, 2020

LG Chem to conduct safety checks at global sites

LG Chem said on Tuesday that it will conduct a thorough safety inspection of its 40 factories worldwide for a month, after the company was hit by two recent deadly incidents at manufacturing plants in India and South Korea.

MAN Energy awarded tech contract for carbon-capture project in the Netherlands

NewsMay 27, 2020

MAN Energy awarded tech contract for carbon-capture project in the Netherlands

MAN Energy Solutions’ compression technology expertise bound for carbon capture, utilization and storage (CCUS) project in the Netherlands