Petrochemical | 09 June 2020
BP to cut 10,000 jobs; lowers capex by 25%
Company to bring down capital expenditure by 25% this year – which is a reduction of around $3 billion.
Company to bring down capital expenditure by 25% this year – which is a reduction of around $3 billion.
Soon after the explosion at around 1:30 pm, plumes of smoke and flames enveloped the sky at the Baghjan Oil Well No 5.
IMCD will distribute Evonik’s Performance Materials range of sodium and potassium alkoxides in UK, Ireland, Nordics, France, Spain, Portugal and The Netherlands
Total project budget is estimated at over EUR 1.5bn. The construction phase is scheduled for completion in 2022 and the polypropylene unit will have an annual production capacity of 437,000 tonnes.
Global Clean Energy’s retooled refinery will produce low carbon renewable fuels that meet the California Low Carbon Fuels Standard as well as the ASTM D975 diesel specs
The order was included in Valmet’s orders received in 1Q20. The automation delivery will take place in July 2020, and the clean-up system will be commissioned in autumn 2020.
Portfolio covers entire value chains for green chemicals , from hydrogen production to sustainable manufacture of ammonia, methanol, synthetic natural gas and fertilizers.
Currently, the first buildings with Siemens’ technology and ExyCell modules are being designed for cell and gene therapy manufacturing and biologicals production in China and Europe.
Under the agreement, Worley will provide construction and site maintenance services at the facilities over a five year term.
The new Eni will have two business groups – Natural Resources and Energy Evolution.
AG Resinas is a PET recycling facility in Juiz de Fora, Brazil.
The net sales touched Rs. 26.37 crore in March 2020 up 33.38% from Rs.19.77 crore in March 2019.
Praj Industries offered open and free access to handwash sanitizer technology which received an overwhelming response of more than 475 interests from India as well as abroad.
The proceeds of the Notes, if issued shall be utilised to fund buy back through tender offer of existing $500 million 3.25% Notes – due in 2021 (Bonds), in whole or part.
New product line offers customers durable, cost-effective, corrosion-resistant solutions for the light and medium industrial markets
Maintaining healthy waste management and recycling sectors are critical stepping stones towards a more circular plastics value chain.
Globally, as of May 2020, the company’s sales volumes of Soda Ash and Sodium Bicarbonate were over 70% of the same period last year, with the UK operation ahead of last year.
Proceeds will be used to further strengthen Covestro's liquidity in the current macroeconomic environment with the impact of the coronvirus pandemic, as well as providing funds for the 2021 bond maturity.
India and Pakistan follow China with regasification capacities of 2.1 tcf and 1.4 tcf, respectively, by 2024.
Company will also reduce capacity in its Tacoma, WA prepreg facility
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