News

Versalis launches chemical recycling plastic waste project in Italy

NewsFebruary 17, 2020

Versalis launches chemical recycling plastic waste project in Italy

The Hoop project is a joint venture with Italian engineering company Servizi di Ricerche e Sviluppo (S.R.S.), and will use pyrolysis technology to transform mixed plastic waste into feedstock for new polymers

DCM Shriram Q3 revenues up 4%; Chemicals revenue down 1%

NewsFebruary 17, 2020

DCM Shriram Q3 revenues up 4%; Chemicals revenue down 1%

Company's Q3 revenues stood at Rs. 2,195 crore, up by 4% whereas its Chemical revenues at Rs. 1,371 crore down by 1% Y-o-Y.

Deepak Nitrite Q3 FY20 PAT increases by 349%

NewsFebruary 17, 2020

Deepak Nitrite Q3 FY20 PAT increases by 349%

Company's revenues stood at Rs. 587 crore in Q3 FY20 as compared to Rs. 458 crore in Q3 FY19, higher by 28% Y-o-Y. Balanced growth across bais chemicals, fine and speciality chemicals and performance products segment resulted in robust topline performance during the quarter

Deepak Fertilisers and Petrochemicals Q3 revenue down by 23%

NewsFebruary 17, 2020

Deepak Fertilisers and Petrochemicals Q3 revenue down by 23%

Company's Q3 FY20 revenue was down 23% to Rs. 1,119 crore in comparison to Rs. 1,453 crore in Q3 FY19.

SMCL Q3 revenue down by 64%

NewsFebruary 17, 2020

SMCL Q3 revenue down by 64%

Southern Magnesium and Chemicals Limited (SMCL) Q3 2019-20 revenue is down by 64% to reach Rs. 65 Lakh in comparison to Rs. 1.80 crore in Q3 2018-19.

Shree Pushkar Chemicals & Fertilisers plans Rs. 120 Cr capex

NewsFebruary 17, 2020

Shree Pushkar Chemicals & Fertilisers plans Rs. 120 Cr capex

The Q3 revenue of the company grew by 5% to reach Rs. 85.6 crore thanks to Rs. 25.3 crore from exports and Rs. 60.3 crore from domestic market whereas PAT grew by 24% due to lower tax outgo

Sanjay Borwankar appointed additional director GFL

NewsFebruary 17, 2020

Sanjay Borwankar appointed additional director GFL

He has been appointed as an Additional Director and Whole-Time Director of Gujarat Fluorochemicals (GFL) for a period of one year with effect from 15th February 2020

INEOS patners with Forever Plast for plastics recyling

NewsFebruary 15, 2020

INEOS patners with Forever Plast for plastics recyling

Together they have developed a range of new Polyethylene grades that mirror INEOS virgin grades and perfectly fit injection molding and compression molding machines.

Grundfos partners with Augury to introduce AI driven water solutions to the market

NewsFebruary 14, 2020

Grundfos partners with Augury to introduce AI driven water solutions to the market

Together, they will develop smart diagnostics solutions and services for Grundfos’ customers

Indian chemical industry to reach $300 bn by 2025

NewsFebruary 14, 2020

Indian chemical industry to reach $300 bn by 2025

Indian chemical industry is expected to double its size and reach $300 billion by 2025 according to Indian Chemical Council (ICC), the national apex body of chemical industry.