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Petrochemical
Petrochemical | 11 February 2022

Manali Petrochemicals Q3 FY22 revenue up 22%, profit up 30%

During the nine months the total revenue was Rs. 1,094 crore, 1.83 times of Rs. 598 crore in the corresponding period of FY21. PBT and PAT registered 3-fold growth during this period, signifying better price realizations

Petrochemical
Petrochemical | 11 February 2022

Lummus, Synthos advance bio-butadiene partnership with enhanced production capacity

Synthos has committed to building a plant with a capacity of 40,000 metric tons of bio-butadiene per year, collaborates with Lummus subsidiary Green Circle to begin engineering and design phase of the project

Petrochemical
Petrochemical | 11 February 2022

Borouge breaks ground on fourth polyolefin manufacturing complex in Ruwais

Scheduled to be operational by the end of 2025, the plant will produce 1.4 million tonnes of polyethylene, boosting the company’s total annual polyolefin production to 6.4 million tonnes, making Borouge the world’s largest single-site polyolefin complex

Petrochemical
Petrochemical | 10 February 2022

Tamilnadu Petroproducts Q3 FY22 revenue up 54.3%

Net Earnings nearly doubled to reach Rs. 46.95 crore vis-a-vis Q3 FY21 earnings of Rs. 21.87 crore

Petrochemical
Petrochemical | 10 February 2022

Shell supplies hydrogenation catalyst to Hyundai Chemicals petchem plant in South Korea

Located in Daesan, South Korea, the facility is Hyundai Chemicals’ first heavy-feed grassroot 750 kilotons per annum (KTA) ethylene cracker

Petrochemical
Petrochemical | 10 February 2022

Hempel acquires paint and coatings manufacturer in Oman

Khimji Paints has a strong distribution network of more than 50 own and independent retailers

Petrochemical
Petrochemical | 10 February 2022

Sherwin-Williams to expand production capacity, build new distribution facility in North Carolina

Company plans to invest $300 million in the project with all work slated to be completed by the end of 2024

Petrochemical
Petrochemical | 09 February 2022

Magadh Sugar & Energy commissions new distillery for ethanol capacity expansion

The new distillery was commissioned on Ist February, 2022 with a total capacity of 70 KLPD and will help in the operational profitability of the company

Petrochemical
Petrochemical | 09 February 2022

Mitsubishi Gas Chemical to reorganize polyacetal business

MGC has positioned its operations related to polyacetal resin, or polyoxymethylene (POM), as a “differentiating” business and therefore, intends to further strengthen competitive advantages of this material

Petrochemical
Petrochemical | 09 February 2022

Honeywell launches new technology to produce key feedstock for plastics

Honeywell UOP Ecofining process produces bio-naphtha with reduced CO2 footprint compared to products using petroleum-based feedstocks for use as petrochemical feedstock

Petrochemical
Petrochemical | 09 February 2022

Toyo to build polyacetal plant in China

The production capacity of the plant is 90,000 tons per year with completion scheduled in 2024

Petrochemical
Petrochemical | 08 February 2022

SCG Chemicals launches circular PP resin

Circular PP has the equivalent properties of virgin plastic resins, suitable for producing eco-friendly food packaging

Petrochemical
Petrochemical | 08 February 2022

Kaneka to expand production capacity for biodegradable biopolymer in Japan

The company plans to invest approximately 15 billion Japanese yen on the project with a production capacity of 15,000 tons per year

Petrochemical
Petrochemical | 07 February 2022

BASF expands MDI portfolio, launches first GHG neutral isocyanate

Important step towards sustainability in the polyurethane value chain

Petrochemical
Petrochemical | 06 February 2022

Andhra Petrochemicals posts Q3FY22 PAT at Rs. 55.29 Cr

The company has reported total income of Rs. 244.34 crores during the period ended December 31, 2021.

Petrochemical
Petrochemical | 06 February 2022

National Plastic Technologies Q3 FY22 profit lower at Rs. 1.03 Cr

The company has reported total income of Rs. 32.37 crores during the period ended December 31, 2021.

Petrochemical
Petrochemical | 05 February 2022

Stora Enso to double formed fiber production capacity in Europe

The investment further strengthens Stora Enso’s position as a leading provider of renewable materials that replace fossil-based ones

Petrochemical
Petrochemical | 04 February 2022

IG Petrochemicals Q3FY22 consolidated net profit higher at Rs. 74.35 Cr

The company has posted net profit of Rs.190.88 crores for the 9 months period ended December 31, 2021.

Petrochemical
Petrochemical | 03 February 2022

Deep Polymers Q3FY22 consolidated PAT at Rs. 3.10 Cr

The company has posted net profit of Rs.8.52 crores for the 9 months period ended December 31, 2021.

Petrochemical
Petrochemical | 03 February 2022

Croda partners with Xampla to develop biodegradable, microplastic-free seed coatings

Partnership paves the way for completely natural, coatings that leave no residue and disappear without trace as seeds grow

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