Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 96
General
General | 13 November 2023

DMCC Speciality Chemicals Q2 FY24 PAT up 185% YoY at Rs. 2.36 Cr

EBITDA stands at Rs. 10.34 crore in September 2023 up 158.5% from Rs. 4 crore in September 2022.

Gas
Gas | 13 November 2023

Qatar signs 27 year LNG supply deal with Sinopec

The LNG SPA signed follows another SPA signed in November 2022 for the supply of 4 MTPA of LNG over 27 years, the longest LNG supply agreement in the history of the industry

Gas
Gas | 13 November 2023

Cheniere and Foran energy group sign long-term LNG sale and purchase agreement

20-Year SPA is first contract expected to support Second Train of Sabine Pass expansion project

Chemical
Chemical | 13 November 2023

Ingevity announces closure of its DeRidder, Louisiana facility and cost reduction actions

Company taking next steps in executing strategy that focuses on higher margin and higher growth specialty products, diversifies feedstocks, and optimizes manufacturing network

Chemical
Chemical | 13 November 2023

ALBIS distributes new class-leading Luran S products from INEOS Styrolution

Luran S is a key product family at INEOS Styrolution and fulfils the major technical requirements for demanding outdoor applications

Battery
Battery | 13 November 2023

SK On and Polestar sign battery supply agreement for Polestar 5

Korean EV battery maker to supply battery modules for Polestar 5 starting 2025

Sustainability
Sustainability | 13 November 2023

SK Innovation’s green transformation strategy receives praise

Conducted a comparative analysis on green transformation strategies between global petrochemical companies

General
General | 13 November 2023

Pyrowave launches chemical recycling innovation to remove toxic additives in plastics

This breakthrough approach has the potential to expand the range of recyclable plastics

Battery
Battery | 13 November 2023

Mitra Chem invests in critical battery supply chains

New strategic investment will fuel Mitra Chem's mission to develop, deploy and commercialize next generation higher energy density cathode materials

Battery
Battery | 13 November 2023

Group14 Technologies restarts Silane manufacturing factory in Germany

In the coming 12 months, Group14 expects to hire 65 new employees in technical and administrative roles to operate its silane production factory in Spreetal, Germany

Technology
Technology | 13 November 2023

Lummus, Citroniq ink agreements for green polypropylene plants

Agreements highlight Lummus and Citroniq's progress in meeting surging demand for sustainable polypropylene

Supply Chain
Supply Chain | 13 November 2023

Azelis acquires Agspec Australia to strengthen its footprint in the agricultural and horticultural markets

The acquisition aligns perfectly with Azelis’ commitment to bring innovation through formulation

Supply Chain
Supply Chain | 13 November 2023

IMCD India to acquire two business lines from CJ Shah & Company

These businesses generated a revenue of approximately Rs. 230 crore for the Financial Year ended March 31, 2023

General
General | 13 November 2023

Solvay (EssentialCo) aims gross savings of €300 million by 2028

EssentialCo unveils its new strategy and 2028 financial targets

General
General | 13 November 2023

Syensqo aims to deliver €7bn+ of cash between 2024 and 2028

Launches its 5-year growth strategy to create significant value

General
General | 13 November 2023

IMCD reports 10% decline in EBITA at €400 million in the first nine months of 2023

IMCD posted a gross profit of € 856 million (+EUR 3 million on a constant currency basis) in the first 9 months

General
General | 13 November 2023

Grupa Azoty Q3 2023 chemical sales up by 14%

The Group generated consolidated revenue of PLN 3,075 million, EBITDA of PLN -348 million, and EBITDA margin of -11.3%

Chemical
Chemical | 13 November 2023

Deepak Nitrite Q2 FY24 PAT up 18% at Rs. 205 Cr

For H1 2024, Deepak Nitrite has posted net profit of Rs. 354.98 crore as compared to Rs. 409.09 crore during H1 2023

Chemical
Chemical | 13 November 2023

AkzoNobel launches low-energy powder coating ‘Interpon D1036’

Interpon D1036 Low-E can help customers cut energy consumption by as much as 20%

General
General | 13 November 2023

Yara divests its fertilizer import and distribution subsidiary in Ivory Coast

The divestment transaction is anticipated to be finalized by the end of April 2024

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