With this new production line, the company addresses the growing demand for its high-performance elastomers and can serve an ever wider range of very demanding applications
The amendments include: Allowing more feedstocks for production; to advance ethanol blending target of 20% blending of ethanol in petrol to ESY 2025-26; to promote the production of biofuels in the country under Make in India; and to grant permission for export of biofuels
The facility will produce plant-based furandicarboxylic acid (FDCA), a key building block for many chemicals and plastics, such as polyethylene furanoate
The offering is expected to open on May 23, 2022, subject to regulatory approvals and other relevant considerations
The technology produces no waste water, fewer emissions, effluents and harmful by-products, making it one of the most environmentally friendly processes possible
The Remove2Reclaim project, has the potential to drive significant environmental benefits, eliminating waste and reducing the amount of energy used in manufacturing, by enabling circularity across a much wider range of applications
The PBT is equipped with highly effective additives that greatly delay hydrolytic degradation which makes the material resistant to damage by water at elevated temperatures
Increasing costs in materials, freight, logistics, and operations are the key reasons for this increase in prices
During the session dedicated to hydrogen, O&G majors are going to discuss the usage of different hydrogen types, their advantages and disadvantages, and processing technologies integration in refining and petrochemical operations
Company achieved a record quarterly net income of $39.5 billion in Q1, an 82% increase from $21.7 billion in Q1 2021, primarily driven by higher crude oil prices and volumes sold, and improved downstream margins
The new greenfield project will increase DIC subsidiary Ideal Chemi Plast’s production capacity for these resins, enabling it to keep pace with rising demand in India
Project’s pre-operational activities have commenced with an annual capacity of 260,000 metric tons per year
New entity will be powered by a smart systems-thinking approach to ensure more post-consumer lightweight packaging (LWP) is sorted and recycled into high quality materials
The project is currently in its engineering phase, and targets start-up of the first Rewind PET train leading to an annual production of 30,000 tons of recycled PET, by the end of 2025
The agreement with LUKOIL follows Shell’s announcement in early March of its intention to withdraw from all Russian hydrocarbons in a phased manner
Company has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber (S-SBR), a material for eco-friendly tires
The BMW Group is the first OEM to use BASF paints certified according to the biomass balance approach
IVL’s business segments grew as the company’s leading global position benefited overall in an environment of higher crude oil prices, increased ocean freight rates and a strengthening US dollar, led by resurging consumer demand and global mobility
Bihar produces 35,000 MT maize and has got a quota to manufacture 36 crore liters of ethanol from Oil Marketing Companies (OMCs)
Net income during the first quarter rose by 33% YoY and totaled $ 1.73 billion
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