Chemical | 28 November 2022
PETRONAS Chemicals Group delivers RM1.9 billion PAT In 3Q 2022
EBITDA margin of 28%; Plant utilisation Rate of 97%
EBITDA margin of 28%; Plant utilisation Rate of 97%
Reactsurf 2490 addresses the perennial challenges of dirt pick-up and water whitening for higher-performing coatings and pressure sensitive adhesives
The agreement is for supply of an intermediate for their patented product.
The plant will further boost local production capability for nylon 6,6 and help accelerate the high-quality upgrades of the Chinese chemical industry
Evolution of green chemistry must be in sync with sustainable goals
Company achieved growth of 18.9% compared to the same period of last year (EUR 140.6 million)
New plant will help meet growing demand of high-performance elastomers in the Asia-Pacific region
The production of methacrylates at the site have been offline since January 2022, initially to undertake a planned overhaul, and since then due to the impact of rapidly escalating natural gas prices caused by the situation in Ukraine
Company has stopped production of Vinyl Sulphone (VS) plant at village Indrad, district Mehsana, Gujarat as it is due for maintenance
Under the Exchange Offer, the DSM Shareholders will be entitled, subject to certain terms and conditions, to exchange each DSM Ordinary Share they hold for one newly issued DSM-Firmenich Ordinary Share
The company organized a mega distributors’ meet and launched two new revolutionary CTPR-based formulations - Citigen and Vistara in Bangkok
The revenues from additional research and supply agreements with the Polaroid Sciences division is not yet included, and will add to the aforementioned
The company also plans to augment the capacity utilisation of its SIOP plant to 100% with some line balancing Capex to generate an additional 10KT of production per annum
HM2060 is a single solution for high-speed label conversion in the FMCG, pharmaceutical, and logistics industries whereas HM2070 is a tape adhesive for packaging industry
The collective Capex for FY 24 and FY25 is expected to be around Rs. 3,000 crore and will steer momentum in the forthcoming period
The replacement of fossil feedstock by bio/bio-circular feedstock will support Arkema’s customers in achieving their climate plan goals by reducing their scope 3 greenhouse gas emissions
Toray has long developed waterproof breathable fabrics, has created and rolled out waterproof breathable fabrics with varying features and specifications to match market needs.
Chlorotoluene Project at Dahej with a capacity of 90 TPD will cost Rs. 350 crore and presently, basic engineering work is under progress for the plant
Designed as a smart factory, the new site enables a wide range of digital applications and automation
The facility at Mitsui Chemicals’ Nagoya will demonstrate basic technology relating to the manufacture of eco-friendly carbon fiber
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