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Technology
Technology | 18 June 2020

TechnipFMC and Clariant sign joint development agreement for acrylonitrile production

The new collaboration will bring together Technip Energies’ well-established expertise in fluid bed technologies and process development with Clariant’s longstanding experience and knowledge in the development, manufacturing and supply of catalysts for the petrochemical industry.

Digitization
Digitization | 18 June 2020

KIPIC to use Honeywell' cybersecurity solutions

The contract will see the deployment of Honeywell Forge, an advanced Enterprise Performance Management software platform with robust cybersecurity capabilities that simplify, strengthen and scale industrial cybersecurity operations.

Chemical
Chemical | 18 June 2020

Navin Fluorine reports a strong growth in quarterly as well as annual profits

The company has recommended final dividend of Rs. 3 per share of face value of Rs. 2/- each.

Chemical
Chemical | 17 June 2020

Agriculture ministry allows manufacturing of 27 agrochemicals for exports

The ministry has also extended the timeline for submission of representation by the stakeholders from 45 days to 90 days.

Chemical
Chemical | 17 June 2020

Bayer stops dicamba production in the U.S.

The company said it is halting work on a new dicamba plant in Luling, Louisiana, because global overcapacity for producing the chemical made the investment less attractive.

Chemical
Chemical | 17 June 2020

Praj partners with Lygos to co-develop yeast for lactic acid production

As part of this MoU, Lygos will provide its proprietary yeast platform to Praj for jointly developing into various solutions for commercial applications.

Petrochemical
Petrochemical | 17 June 2020

Sinopec starts up $6 bn Zhanjiang refinery and petchem complex

The new plant operates a 300,000 tonnage crude oil terminal and also berths that can dock vessels with capacity to carry 100,000 tonnes of refined products.

Chemical
Chemical | 17 June 2020

India Glycols CEO Rakesh Bhartia resigns

Rakesh Bhartia, CEO of India Glycols Limited has resigned from his position with effect from June 16, 2020.

Chemical
Chemical | 17 June 2020

Ensure uninterrupted supply of fertilizers says Gowda

The requirement of urea during Kharif season is estimated at 170 Lakh MT while production may be around 133 Lakh MT.

Petrochemical
Petrochemical | 17 June 2020

Axalta reports sharp decline in April and May sales

For April and May, total net sales declined in the aggregate by 48% excluding foreign exchange and divestiture impacts.

Petrochemical
Petrochemical | 17 June 2020

Saudi Aramco completes acquisition of 70% stake in Sabic for $69.1 billion

The acquisition will positions Aramco as one of the major global petrochemicals players.

Petrochemical
Petrochemical | 17 June 2020

Strata and Solvay complete joint manufacturing facility catering to aerospace industry

The 8,500 square meter SSAM facility is currently being equipped with the latest technology and machinery prior to the testing and qualifying of processes designed to supply carbon fiber prepreg materials for primary structure applications in Boeing’s 777X program.

Gas
Gas | 17 June 2020

Aker Solutions signs agreement to deliver carbon capture plant for Norcem

The carbon capture plant in Brevik is part of the Norwegian carbon capture demonstration project to be funded by the Norwegian government.

People
People | 17 June 2020

Evonik appoints new head for care solutions business

Yann d’Hervé was appointed to the position after successfully leading the global sales & services department in the Health Care Business Line.

Chemical
Chemical | 17 June 2020

Invista breaks ground on adiponitrile project in Shanghai

The $1 billion project is expected to start in 2022.

Petrochemical
Petrochemical | 17 June 2020

Manali Petrochemicals reports drop in quarterly net profit as well as annual sales

In the year ended March 2020, the company's total income stood at INR 685.38 crore as compared to INR 708.91 crore during the corresponding year.

People
People | 17 June 2020

Manoj Jain entrusted with additional charge of director

The appointment is for a period of three months from 22.05.2020 to 21.08.2020 or till appointment of a regular incumbent to the post, or until further orders, whichever is the earliest.

People
People | 17 June 2020

AK Jana appointed MD of Indraprastha Gas

He has taken over charge from ES Ranganathan with effect from June 16, 2020.

Petrochemical
Petrochemical | 17 June 2020

Muthukrishnan Ravi re-appointed as Managing Director of Manali Petrochemicals

In his present role, Ravi oversees the strategic direction of the company responsible for driving the long-term growth and profitability.

Petrochemical
Petrochemical | 16 June 2020

Sonatrach plans $12 billion investment in petchem, methanol and derivatives projects

The group continues to explore profitable investment opportunities at the international level, as part of its expansion policy inside and out, he stated.

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