Chemical | 18 September 2020
IMCD acquires Finnish distributor of composite materials Kokko-Fiber
Kokko-Fiber has five employees and generated a revenue of €9.0 million in 2019.
Kokko-Fiber has five employees and generated a revenue of €9.0 million in 2019.
India has become the second largest producer of PPE Kits in the world with daily production capacity surpassing more than 5 lakh per day.
The order encompasses the most successful Ashok Leyland product - the Ecomet and will be executed in the next 5-6 months.
India has initiated an anti-dumping investigation on import of sodium hydrosulphite from China and South Korea, the Directorate General of Trade Remedies (DGTR) announced.
The plant will be built in South China and will produce 30,000 tons/yr of polylactide.
Company raised $645,000 from the University of Minnesota Discovery Capital Investment program and from angel investors.
The new facility will be primarily responsible for producing the Catofin catalyst for propane dehydrogenation, which is used in the production of olefins such as propylene.
Sites currently being expanded are Rochester, N.Y.; Petaluma, Calif.; Monterrey and Tijuana, Mexico; and Joensuu, Finland.
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.
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