Renewable
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
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
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
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
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
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
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
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
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
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
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
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
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.

Petrochemical
Petrochemical | 24 October 2020

Satyabhusan Dash announced as ‘BPCL Chair Professor in Customer Care’

As the Chair Professor Prof. Dash will conduct and promote research study in the area of Customer Care, build a systematic body of knowledge and establish a world class customer care centre under his leadership.

Chemical
Chemical | 24 October 2020

Yash Chemex CFO resigns

Kirit H Shah, CFO, Yash Chemex has resigned effect from 23rd October, 2020 due to health issues.

Chemical
Chemical | 24 October 2020

Sanginita Chemicals profitability decreases by 14.6%

The net revenue of the company for FY 2019-20 has decreased from Rs. 187.59 crore to Rs. 159.78 crore due to decrease in prices and COVID-19 pandemic.

Chemical
Chemical | 24 October 2020

Appellate tribunal stays Rs. 24.74 crore demand notice on BASF India

The Karnataka Appellate Tribunal vide its order dated 22nd October, 2020 has granted stay on recovery of demand from BASF India aggregating to Rs. 24.74 crore pertaining to the period 2015-2016.

Petrochemical
Petrochemical | 24 October 2020

Narendra Modi to interact with CEOs of Oil & Gas companies

Around 45 CEOs of major global Oil and Gas companies will attend the event this year as India is an important player in the global Oil and Gas sector being the 3rd largest consumer of crude oil and the 4th largest LNG importer.

Petrochemical
Petrochemical | 24 October 2020

Asian Paints reports jump in sales, profit during second quarter

The company's net profit stood at Rs. 830.37 crore in second quarter of the current fiscal.

Chemical
Chemical | 24 October 2020

Solvay appoints Azelis as exclusive distributor for agchem products in North America

Company has appointed Red River Specialties LLC, an Azelis company, as exclusive distributor for agricultural inert ingredients and tankmix adjuvants in North America

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