European Commission doubts that the planned public support of €95 million to LG Chem for the expansion of the Biskupice Podgórne plant complies with all relevant criteria of the Regional Aid Guidelines.
As per terms of the deal, Biesterfeld will distribute pectin, carrageenan, xantham gum, gellan gum, and citrus fiber in the Czech Republic, Slovakia, Hungary, Estonia, Lithuania and Latvia.
Benoit Fouilland will join the company from 01 Sept 2020.
Company to offer blended liquid and gel hand sanitizer as bulk and packaged products.
The innovation center will focus on new developments in fungicides, insecticides, herbicides and crop establishment.
Key features of the center include interactive footwear exhibits, biomechanics lab and manufacturing facilities to boost footwear design capabilities.
The acquisition is subject to anti-trust approval and is expected to be closed by September 2020.
Capacity expansion will come on-stream during August.
The scope of the acquisition entails the transfer of the brand and key IP, but does not envisage the transfer of any personnel.
Greater use of renewables to generate electricity offers oil and gas companies the option of integrating a higher share of renewables into power management processes to create efficiencies, sustainability and affordability when modernising equipment, or planning new CAPEX projects.
With Topsoe’s connected service, ClearView Ammonia, and BASF’s simulation tool, OASE connect, combined, customers will now be able to get a better and more precise simulation of their ammonia plant operations and in turn optimize their production.
Through the partnership, the two companies will jointly support and develop Carbon Capture Utilisation and Storage (CCUS) projects on a build-own-operate model.
Revenue from operations recorded a dip at Rs 14,073 crore during the 2019-20 fiscal, compared with Rs 18,511 crore in the previous year.
The plan for biogas follows a move to mix ethanol extracted from sugarcane with petrol and doping diesel with biodiesel extracted from non-edible oil.
The European Clean Hydrogen Alliance aims at an ambitious deployment of hydrogen technologies by 2030, bringing together renewable and low-carbon hydrogen production, demand in industry, mobility and other sectors, as well as hydrogen transmission and distribution.
The MoU builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.
The plant will become the world’s first production site of the company’s branded eLNO, a portfolio of ultra-high energy density next generation cathode battery materials.
Company's net profit rose by 12.54% yoy and stood at Rs.3.77 crores in Q1FY21
Company's revenue declined by 64% over the previous year and stood at Rs 258.5 crore
Company's net revenue dropped by 30.55% yoy and sales stood at Rs 427.98 crore as against Rs 616.2 crore in last year.
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