People | 09 July 2020
Vantage Chemicals names Stephen Doktycz as CEO
Steve has been serving as interim CEO since October 2019.
Steve has been serving as interim CEO since October 2019.
The agreement was finalized on July 2, 2020 with closing expected to take place in late July or early August 2020.
Lack of manpower led to shutting down of the operations.
Holland Chemicals' management team, led by Jonathon Rhodes, will continue to actively manage the business on a day-to-day basis.
The acquisition of the business in Thailand will enlarge Brenntag’s footprint in Southeast Asia.
Clariant will provide its extensive catalysis expertise and broad portfolio of syngas conditioning and upgrading catalysts to support Ineratec’s groundbreaking gas-to-liquid technology.
Company does not expect any major impact on profitability due to COVID-19.
Decision is part of Praj’ strategy to expand its business horizons leveraging its innovative, technology solutions in Bioeconomy.
The greenfield investment to respond to the growing demand of reliable valve technologies was announced in October 2018.
Cooperation focuses on developing and commercializing next-generation quantum dot-based specialty agricultural films for greenhouse coverings.
Sulzer has designed and supplied the internals for all of the refinery’s columns and the refinery is estimated to be operational by the end of 2022.
This EPC contract covers new process units such as a Vacuum Distillation Unit, a Diesel Hydrocracking Unit, a Delayed Coker Unit, a Distillate Hydrotreating Unit as well as a Hydrogen Production Facility Unit using TechnipFMC’s steam reforming proprietary technology.
The state-of-the art, energy efficient ASU will have the capacity to produce over 770 tons per day of oxygen, as well as nitrogen and argon to supply SDI’s planned 3 million tons per year steel mill starting up in 2021.
Under the terms of the agreement, bp will provide ENN with 300,000 tonnes per year of pipeline gas re-gasified from LNG for two years from 1 January 2021 in Guangdong.
NanoXplore’s new 4,000 metric tons per year graphene facility is a fully automated production plant that enables a connected, flexible and continuous manufacturing system.
Indian pesticide industry is at No. 4 in the world after the US, Japan and China and presently the pesticide industry in India is estimated to be around Rs. 40,000 crore.
The company serves multiple industries, including transportation authorities, petro-chemical processing, renewable energy, non-residential concrete construction and parking structure rehabilitation.
The development comes on the heels of the probe report that was submitted to Andhra Pradesh Chief Minister Y.S. Jagan Moha Reddy by the High Powered Committee (HPC) on Monday.
The manufacturing facility is scheduled to be completed in the second half of 2021 and will have an annual capacity for 35,000 tons of TBHP/TBA.
The company reported a jump of 5.85% in Q4 FY20 income however its annual profits declined by 38.7%
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