Latest News

Kraton to expand SBS copolymer capacity in Ohio
The production capacity is expected to increase by 24 kilotons annually by 2025

Saint-Gobain to divest its glass-processing business in Switzerland
The business generated sales of around €25 million in 2022 and employs approximately 70 people at its production site in Kreuzlingen

HPCL signs MoU with BPCL for hydrogen synergy
The MoU was signed by Vijay S Agashe, Executive Director - HPCL Mumbai Refinery and Subramoni Iyer, Executive Director - BPCL Mumbai Refinery

Origin Materials signs carbon-negative materials supply deal with Hyosung Advanced Materials
The partnership will leverage Origin’s patented technology platform, which can turn the carbon found in sustainable wood residues into useful materials while capturing carbon in the process

Evonik highlights customer-centric, sustainable system solutions
Portfolio transformation to sustainable solutions

Umicore acquires stake in US-based solid-state battery technology start up Blue Current
This investment complements the joint development agreement (JDA) whereby both parties were able to integrate Umicore’s battery materials in Blue Current’s solid-state battery technology

Linde begins supply to world’s first hydrogen ferry
Linde is supplying ferry operator Norled with clean hydrogen for the fuel-cell powered MF Hydra.

Neroflix becomes 100% subsidiary of Kansai Nerolac Paints
The acquisition is completed on 31st March, 2023 and the cost of acquisition is Rs. 37 crores

Borosil subsidiary Klass Pack to acquire majority stake in Goel Scientific Glass Works
GSGWL is a public limited company and has two plants located in Vadodara and is a well-established manufacturer of industrial glass process systems as well as laboratory glassware

News Briefs: DCM Shriram I Laxmi Organic I Zuari Agro Chemicals I Pasupati Acrylon I EIL I Paradeep Phosphates I Advanced Enzyme Technologies
Pasupati Acrylon has informed that Indian Bank has principally sanctioned fresh term loan of Rs. 108 crores for setting up of 150 KLPD grain based ethanol plant

Gulshan Polyols gets approval from MPPCB to operate Boregaon ethanol facility
The consent is for setting up of the Ethanol Project of 500 KLPD Capacity at Boregaon, District Chhindwara, Madhya Pradesh.

ExxonMobil announces first greenfield investment in India
Invest Rs 900 crore to build a lubricant manufacturing plant in Maharashtra