Chemical | 24 December 2020
AkzoNobel acquires New Nautical Coatings
North America is a key region for our Yacht Coatings business.
North America is a key region for our Yacht Coatings business.
India’s energy demand would grow at about 3% per annum till 2040.
The company would be incurring an annual capex of Rs 700-800 crore over the medium term, to be largely funded through internal accruals.
Company's mission is to take the country to a net zero emission goal through specific emission measures, including the promotion of renewable energy, enhanced energy efficiency, water-efficient processes, green mobility, planned afforestation and waste management & recycling
Policies and regulations have to be science based and progressive. The attitude of putting import restrictions should stop as we must remember that it was liberalization during the 1990s that helped us to grow
The trend in production rose in nearly all key chemistry end-use industries, with the strongest gains seen in iron and steel, aerospace, rubber products, paper, structural panels, and printing.
The agreement aims at developing in cooperation the model which considers waste as a resource to produce advanced fuels, hydrogen, fertilizers and low carbon chemical products.
The contract has a value of about NOK 500 million and project will be completed in 2024
Company has acquired 20% stake in Nevo Motors, Inc. under a Strategic Electric Vehicle Production Facilities Agreement that will utilize current and future Aemetis manufacturing facilities and fueling stations, as well as renewable natural gas and renewable electricity produced by Aemetis
The new acrylic acid unit will have a capacity of 90,000 tons per year, while the new butyl acrylate unit will have a capacity of 150,000 tons per year.
The two companies intend to enter into a formal cooperation agreement in early 2021 and approach market opportunities.
The company has recently forayed into marketing and sale of own branded pesticides which has provided it a revenue diversity.
The company is investing in Oberhausen to increase delivery capability, digitalisation, organisational efficiency, and automation.
Kehren succeeds Christophe Clémente.
The Period of Investigation is from October 2019 to September 2020.
Out of 750 Companies across the Globe in Forbes Best Employers 2020 list, GAIL's ranking is 403.
The chemicals manufacturing plant utilisation is expected to be between 77% and 81%.
Anti-dumping duty in respect of imports fromRussia is required to be modified in view of changed margin of dumping.
Startup is planned for the fourth quarter in 2021 and will mainly support customers in the Asia Pacific region
Acquisition enhances Aceto’s ability to support customers through all stages of product development
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