Petrochemical | 26 May 2020

Celanese files anti-dumping petition with the EU against Korea Petrochemical Industry Co

Celanese Corporation, a global chemical and specialty materials company, today announces it has filed a petition with the European Commission’s Directorate-General For Trade seeking Anti-Dumping duties on imports of Ultra-High Molecular Weight Polyethylene (UHMWPE) from Korea Petrochemical Industry Co., Ltd. (KPIC) of Seoul, South Korea, into the European Union.

Chemical | 26 May 2020

COVID19- ITI starts manufacturing of face shields

The 3D designed unique and safe face shield provides complete protection to facial area including eyes, nose and mouth from sprays and droplets. The indigenous face shield also provides hassle free respiration and very convenient to use.

Chemical | 26 May 2020

Clariant to increase mild surfactants capacity in Europe & USA

The investment at facilities in Europe and the U.S. will bring additional capacity on stream during Q1 2021.

Chemical | 26 May 2020

Mondi to produce melt blown nonwoven fabric and surgical face masks in Germany

This is part of Mondi’s efforts to mitigate the spread of COVID-19 and respond to increased demand by health authorities, businesses and consumers for face masks.

Chemical | 26 May 2020

Neogen Chemicals Q4 FY20 revenue up 3%

Neogen Chemicals Limited Q4 FY20 revenue was up by 3% to reach Rs. 82 crore whereas FY20 revenue was up by 28% to reach Rs. 306 crore.

Chemical | 26 May 2020

Chambal Fertilisers Q4 FY2019-20 PAT up 18%

Company's operational PAT (Profit After tax) has increased by 18.33% to reach Rs. 108.71 crore in Q4 FY2019-20 vis-a-vis Rs. 91.87 crore in Q4 FY2018-19.

Chemical | 26 May 2020

DFPCL forays into hand sanitizer segment

In order to prioritise domestic requirements over exports and also to ensure availability of high quality hygiene products to the end consumer, DFPCL is gradually shifting its focus from a key raw material supplier of IPA for hand sanitizers market to the final hand sanitizer product producer.

Chemical | 26 May 2020

DFPCL to issue rights issue of Rs. 180 Cr

The board of directors of Deepak Ferilisers and Petrochemicals Corporation Limited (DFPCL) have considered and approved raising of funds by way of issue of equity shares to the existing equity shareholders of the company for an issue size of upto Rs. 180 crore.

Petrochemical | 26 May 2020

COVID-19: 25% profit impact for Kothari Petrochemicals

The company has been meeting all its financial and contractual obligations so far. Further, the company is also evaluating the effectiveness of “Forward Contract” in its foreign currency transactions due to volatility in the currency rates especially in US dollar to rupees.

Petrochemical | 26 May 2020

Asian Paints transfers Rs. 40 Cr to contractors

The company has also launched a ‘Safe Painting’ campaign for ensuring safety of painters and assurance to customers for a safe painting experience at home.

Gas | 25 May 2020

Reliance estimates USD 200-400 million liability in KG-D6 cost recovery dispute

Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010 and the field ceased to produce in February this year much ahead of its projected life.