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People
People | 30 December 2020

Indraprastha Gas appoints M S Gulati as CFO

The Board of Directors of Indraprastha Gas Limited in its meeting has appointed appointed Manjeet Singh Gulati, GM (Finance) as Chief Financial Officer

Chemical
Chemical | 30 December 2020

Bodal Chemicals to invest Rs. 360 Cr for expansion

Bodal Chemicals Limited (BCL), one of the largest manufacturers and exporters of multiple chemical products including dyestuffs, dye intermediates, basic chemicals and its variants, is planning diversification and expansion strategy by investing one time infrastructure cost of Rs. 360 crores by 2022.

Chemical
Chemical | 30 December 2020

Agrochem industry welcomes PLI scheme; seeks stable policy environment

Industry urges the re-orientation of Production Linked Incentives (PLI) Scheme towards domestic production, import reduction wherever applicable and global collaboration for contract manufacturing.

Chemical
Chemical | 30 December 2020

Vikas Multicorp plans to be debt free by 2022

Vikas Multicorp Limited, a polymers and polymer additive related chemicals trading house based in Delhi having rich domain experience and in-depth knowledge of international and local polymers market is planning to be entirely debt free by 2022 as per long term goal set up by the company.

General
General | 30 December 2020

India’s Health Minister nominated Vaccine Alliance member

The GAVI Board is responsible for strategic direction and policy making, oversees the operations of the Vaccine Alliance .

Chemical
Chemical | 30 December 2020

UPL reduces gross debt by US $410 mn

The pre-payment which concluded on 28th December 2020, was done using the cash on its balance sheet.

Digitization
Digitization | 30 December 2020

Covestro pushes digitization for making processes efficient

Covestro is driving Artificial Intelligence (AI) in the company by conducting several pilot projects across different divisions to investigate how digital technologies can make processes more efficient and sustainable.

Gas
Gas | 30 December 2020

Air Liquide wins biomethane supply contract from a UK-based retailer

ASDA has contracted Air Liquide S.A. to install and operate six biomethane (BioNGV) distribution stations to refuel trucks on its sites.

Chemical
Chemical | 30 December 2020

Yatsen, Sensient to jointly set-up color labs in APAC region

Through this collaboration, Sensient will channel its global laboratory experience to create new formulated solutions that match cosmetic trends in China and worldwide. Yatsen will contribute its vast experience in cosmetics and skincare to deliver innovative beauty products

Start-up
Start-up | 29 December 2020

CSC partners IIT Delhi to promote rural entrepreneurs

As per the Memorandum of Understanding (MoU), a design & innovation lab will be set up at the Department of Design, IIT Delhi for conducting research on design-led innovations related to leveraging livelihood and enhancing their all-round entrepreneurial outlook

Digitization
Digitization | 29 December 2020

Delta helps Formosa Plastics create its new energy-efficient enterprise data center

This new data center is the backbone of Formosa Plastics Group's entire IT infrastructure spread abroad

Chemical
Chemical | 29 December 2020

PhosAgro bags ‘Most Honoured Company’ award in EMEA chemicals sector

PhosAgro features in first place in six categories in the chemicals sector

Chemical
Chemical | 29 December 2020

Air Liquide to support liquid hydrogen plant development in South Korea

Air Liquide will provide the engineering and procurement of the hydrogen liquefier.

Chemical
Chemical | 29 December 2020

Anupam Rasayan files for Rs. 760 crores IPO

The issue proceeds would be used mainly for repayment of debt.

Chemical
Chemical | 29 December 2020

Agilyx applauds US EPA’s recycling rate to 50% by 2030

Agilyx Corporation, a wholly owned subsidiary of Agilyx AS, a leader in advanced recycling of post-use plastics back into plastics and low carbon fuels

Chemical
Chemical | 29 December 2020

LANXESS launches consumer care products PH 1074 HEP

Specialty chemicals company LANXESS is extending its portfolio of products in the consumer care segment to include the new Lewatit PH 1074 HEP.

General
General | 29 December 2020

Pharma to register 7-9% growth in FY 2021; 8-11% in FY2022: ICRA

With inelastic demand for drugs and resumption of production to the near pre-COVID levels by Q3 FY 2021, revenue growth in FY 2021 is expected to be 7-9% in FY2021 according to leading credit agency ICRA.

General
General | 29 December 2020

Dr. Harsh Vardhan launches country’s first PCV

Union Minister for Health and Family Welfare launches India’s first pneumococcal conjugate vaccine (PCV) “Pneumosil” developed by the Serum Institute of India Private Limited (SIIPL) in collaboration with Bill and Melinda Gates Foundation.

Petrochemical
Petrochemical | 29 December 2020

Plastics recycling market to reach $53.72 bn by end-2023: Naidu

The plastics recycling market in India is estimated to grow at a rate of 6.5% to attain a market size of US $53.72 billion by the end of 2023

Energy
Energy | 28 December 2020

IndianOil to procure 15 PEM fuel cell buses for the Delhi-NCR region

This project is the first-ever attempt in the country to address all the aspects of hydrogen-based mobility as the ultimate green option.

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