Chemical
Chemical | 03 June 2021

PhosAgro to use green energy in its agrochemical production chain

This project will enable the company's production facilities in Cherepovets and Balakovo to generate 60%–80% of the energy they need.

Chemical
Chemical | 03 June 2021

Fitch rates UPL credit outlook to Stable

Fitch also confirmed that UPL retains its Investment Grade credit rating, with the long-term issuer default rating (IDR) affirmed at 'BBB-' for UPL’s flagship subsidiary UPL Corporation

Energy
Energy | 03 June 2021

Investment in clean energy needs to triple to achieve net zero by 2050 : IEA

The investment needs to be done to keep the door open for a 1.5°C stabilisation of the rise in global temperatures

Energy
Energy | 03 June 2021

AWEKTL commissions 150 MW wind power project in Kutchh

This commissioning takes AGEL’s total operational renewable capacity to 5,070 MW, a step closer to its vision of 25 GW capacity by 2025.

Chemical
Chemical | 03 June 2021

Zydus Cadila receives tentative approval from USFDA for lung cancer drugs

Osimertinib works by slowing or stopping the growth of cancer cells and binds to a certain protein (epidermal growth factor receptor-EGFR) in some tumors

Chemical
Chemical | 03 June 2021

Evonik develops containers to transport high-conc hydrogen peroxide

With this patented container, the company is closing a logistical gap that had opened up in the safe delivery of high-concentrated hydrogen peroxide to customers in the aerospace industry

Energy
Energy | 03 June 2021

Solvay ramps up solar energy at Italian sites

Agreement with Falck Renewables will provide green electricity to 4 Italian Solvay plants, saving 15,000 tons per year of CO2

Chemical
Chemical | 03 June 2021

Evonik and SI Coatings develop water-based primer for polyamide coatings

Evonik's many years of expertise in fluidized bed coating with polyamide powder and SI Coatings' know-how in the field of adhesion promoters ideally complemented each other

Energy
Energy | 03 June 2021

Maire Tecnimont Group bags order from TotalEnergies

The BioJet plant, due to be operational in 2024, will strengthen NextChem’s role in TotalEnergies’s net-zero strategy

Energy
Energy | 03 June 2021

Shell awards Worley contract for a green hydrogen plant in the Netherlands

As a first-of-its-kind project on this scale, Worley shall be providing early engineering and asset integration related services including the selection of the best technology needed to support the overall business case

Chemical
Chemical | 03 June 2021

SABIC to manage sustainable agriculture centre in Riyadh

The primary goal of the center is to promote sustainable agriculture in Saudi Arabia

Chemical
Chemical | 02 June 2021

Saint-Gobain sells two glass processing plants in Germany

This sale concerns two sites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20 million in sales in 2020

Chemical
Chemical | 02 June 2021

Glenmark Pharmaceuticals launches Rufinamide Tablets USP, 200 mg and 400 mg

The Banzel Tablets, 200 mg and 400 mg market2 achieved annual sales of approximately $285.3 million.

Chemical
Chemical | 02 June 2021

Progress on new ventures key for Aurobindo Pharma: ICICI Securities

Aurobindo has one of the most enduring generics ecosystems among peers

Chemical
Chemical | 02 June 2021

Next growth phase for Neogen Chemicals to emanate from pharma venture: ICICI Securities

Both phase 1, 2 expansion at Dahej would expand organic chemical capacity by 3x with a capex of Rs 130 crore.

Chemical
Chemical | 02 June 2021

Pricing in positives for Alkyl Amines: HDFC Securities

The expansion of the acetonitrile plant is to be completed in 2HFY22 and the company sees a big opportunity in this product.

Chemical
Chemical | 02 June 2021

Cost inflation drags margins for Sudarshan Chemical : ICICI Securities

Sudarshan has earmarked an aggressive capex plan of Rs 600 crore

Chemical
Chemical | 02 June 2021

Stock price factoring beyond option value for Navin Fluorine International : ICICI Securities

Navin had good entry into HPP with multi-year contract of US$410mn spread across 7 years.

Chemical
Chemical | 02 June 2021

Higher raw material costs dent profitability for Fine Organic Industries: HDFC Securities

Fine Organic entered into a JV agreement in May'21 in Thailand with Oleofine Organics Thailand Co. Ltd. and Oleofine Organics Sdn Bhd

Gas
Gas | 02 June 2021

Gujarat Gas Q4FY21 consolidated net profit at Rs. 350.86 Cr

The company's average gas sales volume for the quarter was at 12.13 mmscmd, up by 22%

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