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Chemical
Chemical | 11 November 2020

GACL upgrades phosphoric acid plant investment to Rs. 520 crores

Company had earlier planned to invest Rs. 390 crores for this project and commercial operation of the plant is expected to commence by March 2022

People
People | 11 November 2020

Albert David appoints new CFO

Ranadeep Bhattacharya has been appointed Chief Financial Officer from 1st December, 2020

Gas
Gas | 10 November 2020

INEOS launches clean hydrogen business portfolio

The new business will have its headquarters in the U.K. and aims to build capacity to produce hydrogen across the INEOS network of sites in Europe, in addition to partner sites where hydrogen can accelerate decarbonization of energy

Gas
Gas | 10 November 2020

bp and Orsted to create renewable hydrogen partnership in Germany

In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt (MW) electrolyzer and associated infrastructure at bp’s Lingen Refinery in northwest Germany

Gas
Gas | 10 November 2020

Baker Hughes to acquire CCUS specialist firm

The agreement includes all intellectual property, personnel and commercial agreements

Chemical
Chemical | 10 November 2020

Henkel Q3 sales drops due to low adhesives volume

In the third quarter of 2020, sales of the Henkel Group decreased nominally by -1.5 percent to 4,999 million euros

Chemical
Chemical | 10 November 2020

Bodal to invest Rs. 345 crore on new specialty chemical plants

Company plans to diversify into benzene downstream products having capacity of 55,000 MTPA and expansion of sulphuric acid and derivatives having capacity of 340,000 MTPA at Saykha GIDC, Bharuch, Gujarat

Petrochemical
Petrochemical | 10 November 2020

Shalimar Paints turns cash positive after 14 quarters

This growth is attributed to the company’s aggressive cost control strategy and efficient management of overheads during pressing times like COVID-19

Gas
Gas | 10 November 2020

Siemens to discontinue support to build coal-fired power plants

Company will explore opportunities to further deepen its collaboration with Siemens Energy in the new business areas, to provide reliable, affordable and sustainable energy in India

Gas
Gas | 10 November 2020

GAIL's Q2 FY21 profit reaches Rs. 1,239 Cr

The company recorded a 13% increase in turnover to Rs. 13,611 crore vis-a-vis Rs. 12,060 crore in Ql FY21

Chemical
Chemical | 10 November 2020

Chemcon commissions 2 new plants for HMDS manufacturing

Company has commissioned 2 plants - P2 and P7 for manufacturing of HMDS with capacity of 1,800 MTPA each.

Technology
Technology | 10 November 2020

McDermott awarded contract for Baltic ethane cracker in Russia

The project is the largest ethylene integration project in the world

Technology
Technology | 10 November 2020

McDermott wins FEED contract for Ichthys Gas field development in Australia

The award is for a booster compression module FEED with optional engineering, procurement and construction (EPC) for the project

Chemical
Chemical | 10 November 2020

Zuari Agro returns to profit in Q2

Company has posted net profit of Rs 15.80 crore in Q2

Chemical
Chemical | 10 November 2020

NOCIL' profit decline amid higher operational expenses

Company reported 5.65% YoY growth in Q2 top line revenues at Rs 221.59 crores on a consolidated basis

General
General | 09 November 2020

Biocon Biologics valued at US $3.94 bn

Company recently received Rs. 1,125 crore capital injection from Goldman Sachs taking the overall valuation to US $3.94 billion

Gas
Gas | 09 November 2020

Praj inaugurates CBG demo plant in India

Located in the Praj Matrix R&D campus, the plant deploys Praj’s technology which utilizes a proprietary microbial consortium made from feedstock such as agri residues and press mud.

Chemical
Chemical | 09 November 2020

Insecticides India profit slides amid low volumes

Company's net income also declined by 8.71% YoY and stood at Rs 460.89 crore during in Q2 versus Rs 504.86 crore in the year-ago quarter

Chemical
Chemical | 09 November 2020

AkzoNobel India' profit rises on lower costs

Company's net profit increase 34.57% YoY and stood at Rs 66.28 crore for the second quarter

General
General | 09 November 2020

2nd National Water Awards ceremony to be held on 11 & 12th Nov in New Delhi

The awards are given to motivate the individuals/organizations who are doing commendable work in the field of water resources conservation and management

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