Gallery - Chemical Industry Outlook 2023

Latest News

HPCL posts Rs 3,483 crore Q2 profit amid West Asia crisis

HPCL’s refineries processed 6.20 million metric tonnes (MMT) of crude oil in Q2 FY27, operating at 100% of capacity

Rallis India’s Q2 profit falls 17% to Rs 85 crore as weather disruptions hit demand

The EBITDA margin contracted to 14.7%, while the PAT margin stood at 9.9%

CPCL’s half-year profit surges nearly fivefold to Rs 3,288 crore

Refining margins more than double as revenue climbs to Rs 51,486 crore; dividend Rs 25 announced

Adani Total Gas Q2 revenue surges 34% as volumes rise 12% amid gas price pressures

The company said the continuing West Asia crisis kept Brent crude and spot gas prices elevated

Dow’s Q3 profit surges as prices rise & cost-cutting pays off

Dow said its cost-reduction and restructuring initiatives are gaining traction

KBR wins contracts to upgrade two European ammonia plants & cut emissions

KBR will supply technology licensing, proprietary engineering, process equipment and catalysts for the two facilities

Sika to acquire Resonac’s adhesives business targeting automotive growth across Asia

The deal is expected to strengthen Sika’s ties with key suppliers to Japanese automotive original equipment manufacturers

SRF Q2 profit jumps 31% to Rs 509 crore & revenue 35%

SRF’s board has approved an investment of approximately Rs 600 crore to establish a battery-grade aluminium foil manufacturing facility in India

AkzoNobel clocks sixth straight quarter of margin growth & seals $1.35 billion Southeast Asia paints deal

Revenue remains flat at €2.54 billion as pricing gains and cost savings lift margins

Odisha pitches Rs 1.93 lakh crore chem & petchem potential at India Chem 2026

State to present coal gasification opportunities and announce dedicated large chemical industrial park

UK chemical industry faces deepening crisis as production slump outpaces major economies

The UK is forecast to be the weakest-performing chemical producer among the major economies

NovaAir opens 300-tonne-per-day gas plant boosting Malaysia’s high-tech manufacturing ambitions

The new plant will produce oxygen, nitrogen, argon and high-purity oxygen for a broad range of downstream industries

DCM Shriram
Anupam Rasayan
Ingenero
ION Exchange
RIECO
Shiva Engineering
Arete Services
IPCO
Apcotex
Meghmani Finechem
Soujanya
Solvay
MAAG
Deepak Responsible Chemistry
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