Petro Chemical

Covestro launches circular economy program

Petro ChemicalMay 26, 2020

Covestro launches circular economy program

The company plans to conduct numerous research projects to promote recycling.

Celanese files anti-dumping petition with the EU against Korea Petrochemical Industry Co

Petro ChemicalMay 26, 2020

Celanese files anti-dumping petition with the EU against Korea Petrochemical Industry Co

Celanese Corporation, a global chemical and specialty materials company, today announces it has filed a petition with the European Commission’s Directorate-General For Trade seeking Anti-Dumping duties on imports of Ultra-High Molecular Weight Polyethylene (UHMWPE) from Korea Petrochemical Industry Co., Ltd. (KPIC) of Seoul, South Korea, into the European Union.

COVID-19: 25% profit impact for Kothari Petrochemicals

Petro ChemicalMay 26, 2020

COVID-19: 25% profit impact for Kothari Petrochemicals

The company has been meeting all its financial and contractual obligations so far. Further, the company is also evaluating the effectiveness of “Forward Contract” in its foreign currency transactions due to volatility in the currency rates especially in US dollar to rupees.

Asian Paints transfers Rs. 40 Cr to contractors

Petro ChemicalMay 26, 2020

Asian Paints transfers Rs. 40 Cr to contractors

The company has also launched a ‘Safe Painting’ campaign for ensuring safety of painters and assurance to customers for a safe painting experience at home.

LG Polymers Vizag plant to be seized as per Andhra HC order

Petro ChemicalMay 25, 2020

LG Polymers Vizag plant to be seized as per Andhra HC order

The court, in interim orders, directed that the company shall be completely seized and no one including the Directors of the company be allowed to enter the premises.

Manali Petrochemicals starts Polyols production

Petro ChemicalMay 25, 2020

Manali Petrochemicals starts Polyols production

The company has also started production of Propylene Oxide in Plant 2 after doing trials for a week. With this all the facilities have restarted and would be operated based on market conditions.

Shalimar Paints to foray into sanitizer segment

Petro ChemicalMay 23, 2020

Shalimar Paints to foray into sanitizer segment

The company aims to diversify into the hygiene segment with launch of sanitizer and disinfectant.

Clariant catalysts selected for APC petrochemical plant

Petro ChemicalMay 23, 2020

Clariant catalysts selected for APC petrochemical plant

Clariant’s CATOFIN catalysts were selected due to the performance and reliability of APC’s existing propylene plant in Saudi Arabia.

Fine Organics planning 20,000 TPA expansion

Petro ChemicalMay 23, 2020

Fine Organics planning 20,000 TPA expansion

The Patalganga facility is planned for 10,000 TPA capacity whereas German facility is planned for 10,000 TPA capacity, taking the overall capacity of 121,300 TPA.

McDermott awarded contract for PDH plant in Middle East

Petro ChemicalMay 22, 2020

McDermott awarded contract for PDH plant in Middle East

McDermott International, Inc. has been awarded a sizeable technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochermical Co. (APC).