Chemical | 14 June 2020
Domo to shut nylon film plant in Germany
The decision was a result of global overcapacity for nylon films.
The decision was a result of global overcapacity for nylon films.
The record-breaking installation adopted the 5,200-ton slidable hydraulic gantry lifting system for the main hoisting task, and a 2,000-ton XGC28000 crawler crane coordinated the lift from the other end.
Sales decline 12.42% to Rs 563.20 crore
The plant will produce 100% plant-based FDCA (furandicarboxylic acid) – a key building block for many chemicals and plastics.
Sales decline 18.74% to Rs 245.34 crore.
The minister has directed authorities concerned to take all possible steps for completing works on all the five fertilizer plants on time.
The acquisition positions the company to better facilitate supply to customers in Asia and to support future market growth.
Sabic CEO says the changes to the bylaws were a precursor to a new chapter for the company.
The three-member committee comprising SCL Das, DG of Directorate General of Hydrocarbons, BC Bora, former chairman ONGC and TK Sengupta, former Director, ONGC will identify the lapses in following protocols and procedures which led to the accident.
The company plans to undertake slew of cost cutting measures to salvage its business in the long run.
Company's total sales declined by 12.48% to Rs 172.66 crore.
The use of visual support technology enables audio-visual support for diagnosis and troubleshooting, commissioning and regular maintenance of field devices.
Segments related to automotive and aerospace industries continue to be more significantly impacted than others.
KBC's Petro-SIM optimizes total cost and ownership value of process simulation models in Oil & Gas and Chemical industries
It will help the group to provide effective lightweighting solutions to automakers and auto parts manufacturers with European bases while also responding to global demand growth.
Global gas demand in 2020 is set to fall by twice the amount lost after the 2008 financial crisis.
Agreements guarantee competitiveness to the value chain and enable investments and new business for the petrochemical sector.
Many oil and gas companies are taking steps to curb the environmental impact, primarily due to regulatory and shareholder obligations.
Sales rise 18.08% to Rs 227.57 crore
The closing of the transaction is subject to the usual external approvals, as well as transitional processes at the operations, which are scheduled for completion during the course of Q3 2020.
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