Sales from operations for Q1FY21 stood at Rs. 522.28 crores up by 17% YoY from Rs. 446.11 crores in Q1FY20.
The new 80,000-square-meter blending and packaging facility is Valvoline’s largest plant investment to date – and its first in China – supplying more than 30 million gallons of finished lubricants and coolants per year for both passenger car and heavy-duty vehicle customers.
The new business, to be launched in December, aims to achieve a revenue of 30 trillion won ($25.5 billion) or more in 2024.
As per the agreement, Axens will provide technology for production of 1-butene by ethylene dimerization and AlphaHexol for the production of high purity 1-hexene through ethylene trimerization at Ust Luga.
The new hydrogen hub will be situated on the premises of the ORLEN Group’s ANWIL plant in W?oc?awek.
OQ Chemicals will design phase for five world-scale production units for the manufacturing of propanol, butyraldehyde, neopentyl glycol (NPG), 2-Ethylhexanol (2EH), and 2EH acid.
The Alliance for AI-Accelerated Materials Discovery (A3MD) is the world’s first alliance that is formed to discover materials using AI technology.
The construction of the facility is targeted to commence in 2021 while production is scheduled to begin in 2023.
The research is focused on developing effective plastic recycling technology for a circular economy.
Clifford Chance Business Services has provided financial support to IIT Delhi for developing 3D-printer face shield.
This is the first methanol plant in the world that also allows production of small volumes of ammonia and the plant is designed to co-produce 450,000 tons of methanol and 135,000 tons of ammonia per year.
Total sales rose by 8.74% YoY and reached Rs.2837.90 crores in the first quarter.
The new lab will conduct fundamental research in order to develop novel silicone-based thermal interface products and solutions for the electrical vehicle market as well as for consumer electronics and telecommunication industries.
The capacity expansion is expected to be completed in the second half of 2022 with a target to increase production by 50 percent.
Cyber security, cloud, analytics, and big data, and artificial intelligence are three key areas in which companies are planning significant investment over the next three years.
The new plant in Wuxi, China is due to be in operation at the beginning of 2021.
Funds will be used to expand its manufacturing operations and production capacity at Manjusar, Vadodara.
The five companies will work together to further heighten system control and water electrolysis technology.
Elkamet will be using SABIC’s LEXAN polycarbonate (PC) resin based on certified renewable feedstock in several end applications for the lighting industry.
The notes were issued in connection with the 2015 Dow Chlorine Products acquisition.
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