Digitization | 27 October 2020

Equinor partners with TCS to drive digital transformation

TCS will leverage its deep domain knowledge of the energy sector, expertise and scale in digital technologies and investments in research and innovation, to achieve data democratization across Equinor's core operations and harness the power of machine learning and advanced analytics to help Equinor achieve its growth and transformation objectives.

Petrochemical | 27 October 2020

Supreme Petrochem swings back to profit in second quarter

Company's net jumped by 139% YoY and stood at Rs.86.15 crores in Q1 FY21.

Energy | 26 October 2020

Honeywell acquires hydrogen fuel cells manufacturing firm

Acquisition enters Honeywell into the hydrogen fuel cells market for unmanned aerial systems and broader aviation applications.

Chemical | 26 October 2020

Sudarshan Chemical profit falls amid flat sales in second quarter

The company posted a near flat growth of 1.03 percent YoY and its total sales stood at Rs. 430.72 crores.

Renewable | 26 October 2020

KSB to invest in solar power plant SPV

The new business entity proposes to establish, operate and maintain a solar power plant in the State of Maharashtra.

People | 26 October 2020

Rossari Biotech appoints new CFO

Manikantan Viswanathan has been appointed as the Group CFO of Rossari with effect from 26th October, 2020.

Chemical | 26 October 2020

GHCL's home textile business grows amid lower second quarter sales

Net Revenue for Q2 FY21 is at Rs. 779 crore as compared to Rs. 826 crore in the corresponding quarter ended Sept 30, 2019.

Chemical | 26 October 2020

Rossari Biotech reports growth in sales, profit in second quarter

Company's second quarter sales stood at Rs. 171.7 crore.

People | 26 October 2020

Linde names new chief operating officer

Sanjiv Lamba shall assume to the role of chief operating officer from January 1st, 2021.

Petrochemical | 26 October 2020

India increases import duty on polybutadiene rubber from Korea for 2 years

DGTR has recommended to increase the rate of customs duty on Polybutadiene Rubber, excluding its titanium and lithium grades, originating in Korea for two years in order to safeguard the domestic industry from significant jump in import of the product.

Gas | 26 October 2020

bp starts gas production from Qattameya field

Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to produce up to 50 million cubic feet of gas per day, has been developed through a one-well subsea development and tie-back to existing infrastructure.

General | 26 October 2020

Access to energy must be affordable and reliable says Modi

India's Prime Minister Narendra Modi said that India's Energy Plan aims to ensure energy justice while fully following India’s global commitments for sustainable growth.

Opinion | 26 October 2020

Government should prevent the illegal cultivation of HT Cotton, says ACFI

As per draft order, Indian Govt has proposed to limit sale of glyphosate herbicide to only those who are involved in pest control operations.

People | 26 October 2020

Georg Brunstam appointed new president, CEO of Hexpol

Brunstam has previously been President and CEO for Hexpol from 2007-2017.

Chemical | 26 October 2020

ICL to acquire Brazil-based specialty plant nutrition firm for $120 million

The acquisition of Fertiláqua enhances ICL's position in the high growth, high margin Brazilian specialty plant nutrition market.

Digitization | 26 October 2020

Equinor, Microsoft to digitize Northern Lights carbon capture and storage value chain

As per MoU, Microsoft will explore the use of Northern Lights' CO2 transport and storage facility as part of Microsoft’s portfolio of carbon capture, transportation, and storage projects.

Petrochemical | 25 October 2020

INOVYN commences specialty vinyls production in Belgium

This development broadens INOVYN’s production network across Europe and strengthens its long-term growth strategy to improve the circular economy with BIOVYN, offering customers an even broader range of choice of bio-attributed PVC grades and copolymers.