With Indian chemical industry expected to grow with a CAGR of 9-9.5% as per the pre-COVID 19 projection, there is a great opportunity to bridge the export - import gap which currently stands at around US$ 26 billion.
BASF present CEO, Dr. Martin Brudermüller succeeds Daniel Ferrari, CEO of Versalis, effective immediately.
The new plant in Paulinia, São Paulo specializes in the development of a bio-based solvent to mainly serve the European and North American market.
The JV has completed another acquisition as per JV agreement, by way of transfer of 205 MW of operating solar assets for an enterprise valuation of Rs. 1,632 crore.
Indian chemical industry to grow to US$ 300 billion by 2025
The Ludwigshafen local court appointed Liming Chen, Chairman of IBM Greater China Group, to the Supervisory Board of BASF SE.
The new orders reinforces the company's commitment of producing and supplying high quality products and establishing themselves as a formidable player.
Members of SCS delivered the proof of concept that mechanically recycled polystyrene can serve as a drop-in solution in form, fill and seal (FFS) production lines.
The commissioning of the unit is scheduled for 2023.
The project is expected to become operational in early 2023.
The building features an open floor plan, state-of-the-art training and conference rooms, and integrated technology throughout the space.
This €9 million investment was driven by growth in demand for Saft cells in smart metering and Internet of Things (IoT) applications.
As part of the capital increase, 10,200,000 new no-par value ordinary bearer shares were placed with institutional investors in an accelerated bookbuilding process.
The state-of-the-art facility which is the first of its kind in the region, is equipped with advanced sensors for monitoring and automated controls.
New chemicals strategy fully recognises the fundamental role of chemicals for human well-being and for the green and digital transition of European economy and society.
The endorsers are urging for a UN treaty that harmonizes the complex landscape of regulatory standards, establishes common metrics and methodologies, mandates the development of national targets and action plans, and supports innovation and infrastructure development to create a level playing field across the plastic value chain.
While interacting with CMDs, Gowda stressed on the need for PSUs to become self-sustainable and said that in future, PSUs should not depend upon budgetary support from the Government of India.
The company manufactures fuel grade ethanol that can be blended with petrol.
Through this transaction, Celanese monetized a historically passive investment and expects to deploy the proceeds from this all-cash transaction into higher value-generating opportunities.
With the world’s first carbon-neutral rPET, ALPLA is helping its customers to achieve their sustainability goals.
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