Company has sold its energy business unit to Inspirit Capital, a London-based investment firm and the transaction is expected to complete on or before the 31st October 2020 and is not subject to any formal regulatory or other approvals.
Company delivered a strong organic sales growth of plus 3.9 percent in the third quarter and total sales reached around 5 billion euros.
The company is taking a further step to accelerate growth with a new company strategy that aims to exceed customer expectations, outgrow the competition, and increase the share of specialties in its portfolio.
The company plans to bring two additional plants onstream in the growing Chinese market over the next eighteen months.
The digital platform is meant to ensure that faithful and consistent collection, through a common approach, on the use of recyclates is achieved by converters that will feed the surveys contained in the platform.
Cotec GmbH became a wholly owned subsidiary of SDC on October 1, 2020.
All flooring coating systems are designed for durability, ease of installation and low volatile organic compounds (VOCs).
The overall plan is aligned with and supported by DyStar’s Global Sustainability vision to be the environmental and innovative global leader in its chosen industries.
The company is delivering a 220/66-kilovolt (kV) substation to assimilate power from the state grid and deliver it smoothly and efficiently to the Barmer refinery.
Consequent to the offer for sale under stock exchange mechanism, the present public shareholding of the company is twenty five percent (25%) which is compliant with the minimum public shareholding requirement as mandated by SEBI.
Crédit Agricole Leasing Italia financed a leasing plan from NextChem to purchase innovative equipment and machinery aimed at further increasing the production performance of the entire Upcycling process.
These products are manufactured for the first time in India and till now it was 100% imported from other countries, said the minister.
With a capacity of 200 tonnes per day (TPD), the new plant will produce liquid oxygen, liquid nitrogen and liquid argon.
Nobel Prize in Chemistry 2020 has been awarded to Emmanuelle Charpentier of the Max Planck Unit for the Science of Pathogens in Berlin, Germany, and Jennifer A. Doudna of the University of California at Berkeley for the development of the CRISPR/Cas9 gene-editing technology.
The company expects construction on the new facility to begin in 2021.
Successful demonstration paves way for new product range, Marlex Anew circular polyethylene.
The joint venture company will explore exciting storage opportunities in supply networks, to help grow existing petrochemical value chains and lay the foundations for an expanded industrial cluster in Cilegon, Banten Province, Indonesia.
B. J. Hebert has 33 years of industry experience and joins CPChem from Occidental Chemical (OxyChem), where he had served as president since 2017.
With the new capacity, the company aims to meet the rapidly growing demand in the Asia-Pacific region.
The biorefinery investment of EUR 550 million is a major milestone in UPM’s strategic transformation which is expected to start up by the end of 2022.
Subscribe to our newsletter & stay updated.
