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Digitization
Digitization | 15 July 2020

Siemens partners with SAP for driving digital transformation in industries

Partnership will enable customers to form a true digital thread integrating all virtual models and simulations of a product or asset with real-time business information, feedback and performance data over the entire lifecycle.

People
People | 14 July 2020

Merck KGaA announes board changes

Belén Garijo appointed Vice Chairman of the Executive Board and Deputy CEO

Petrochemical
Petrochemical | 14 July 2020

Toray to supply carbon fiber composite materials for all-electric air vehicle

In the first instance, the material will be supplied directly to Lilium for use in the production of further technology demonstrators, before being delivered directly to suppliers who will manufacture parts for prototypes and serial production.

Digitization
Digitization | 14 July 2020

Alfa Laval to use digital twin technology for advancing production

The technology will facilitate the operations development and reduce the time for ramp-up of the production substantially.

Gas
Gas | 14 July 2020

China and India to lead Asian regasification additions

China has 19 new-build LNG regasification terminals while India has 11 planned terminals expected to come online by 2024.

Chemical
Chemical | 14 July 2020

VCI proposes focus on innovations instead of bans in new EU chemicals strategy

The committee calls for extensive legislative changes in chemical law. These include the removal of quantity thresholds, many additional tests of chemicals and animal experiments as well as blanket application bans without prior risk assessment.

Chemical
Chemical | 14 July 2020

Nufarm curtails global manufacturing operations

Company decided to cease manufacture of insecticides and fungicides at its Raymond Road site in Laverton, Australia and curtail herbicide manufacturing at its operations in Linz, Austria.

Chemical
Chemical | 14 July 2020

Archroma starts hand sanitizers production in Pakistan

Company is also actively supporting manufacturers in the production of face masks and medical protective equipment.

Chemical
Chemical | 13 July 2020

OCP intends to challenge phosphate dumping allegation filed in the U.S.

The company will challenge Mosaic's petition.

Chemical
Chemical | 13 July 2020

AkzoNobel reports drop in second quarter revenue

Revenue went down by 19% to 1.98 billion euros as against 2.45 billion euros in 2019.

Chemical
Chemical | 13 July 2020

Merck opens pharma lab in Shanghai

The new M Lab Collaboration Center in Shanghai offers customizable solutions tailored for China’s Life Science community to help advance drug development.

Digitization
Digitization | 13 July 2020

Bayer partners with Prospera Technologies to develop AI data led solutions for vegetable growers

The initial roll out and in-field exploration of the offering will begin this month in Mexico.

Chemical
Chemical | 13 July 2020

PTTGC acquires stake in Dynachem for advancing PP compound production in Thailand

Both parties expect to finalize the deal in the third quarter of 2020.

Chemical
Chemical | 13 July 2020

BASF reports loss in second quarter due to Wintershall DEA impairment

Sales in the three months through June fell about 12% to €12.7 billion euros

Chemical
Chemical | 12 July 2020

Chembond reports low income and profit in Q1 FY21

Sales decline 27.58% to Rs 51.50 crore.

Chemical
Chemical | 12 July 2020

GNFC quarterly profit rises amid low annual income

The company reported a jump of 152.11% and its Q4 FY20 profit stood at Rs 240.01 crore.

Chemical
Chemical | 12 July 2020

Galaxy Surfactants restarts operations at Tarapur unit

On 13 April, two workers were killed and another was injured after a small intermediate feed tank blast at its Tarapur M-3 plant.

Chemical
Chemical | 12 July 2020

Urea companies profitability may be affected due to revision in energy norms says ICRA

The government in a notification in March 2020, had notified the revised fixed costs for urea units with an incremental fixed cost of Rs 350 per tonne for all urea units and an additional Rs 150 per tonne for urea units that converted from naphtha to natural gas and are more than 30 years old.

Chemical
Chemical | 11 July 2020

BASF India approves acquisition of BASF Performance Polyamides

The acquisition will strengthen the company's position as a solution provider for key industries & would enhance market access to key growth markets.

Chemical
Chemical | 11 July 2020

Rossari Biotech raises Rs. 148.8 crore ahead of IPO

Institutional investors that participated in the anchor allotment included Abu Dhabi Investment Authority, Axis Mutual Fund, Mirae Asset Mutual Fund, Goldman Sachs, HFDC Mutual Fund, SBI Mutual Fund, among others.

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