The primary use of proceeds will be directed towards commercial development and the expansion of the company’s product and innovation platform.
The platform built in collaboration with Uniper utilizes a consortium model for all ssLNG market participants to help transform the trading market space resulting in market efficiencies and significant cost savings for traders.
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Global supply chain reorganization is likely to spur demand for specialty chemicals out of India in the coming decade, which in turn will drive demand for petrochemicals.
The equipment will be purchased by Air Products, which will build and operate the facility in parallel with its largest ever U.S. investment.
Following commissioning, both refineries will have a capacity of 800,000 barrels per day to meet local and international demand for clean fuels.
The proposed acquisition would take place in accordance with the applicable obligations concerning the consultation of staff representative bodies and would be subject to prior authorization by the competent merger control authority.
Government has launched schemes for development of three Bulk Drug Parks and four Medical Device Parks across the country.
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The project is expected to be delivered in May 2021.
PPG scientists will collaborate with LBNL experts to model the complex physics that contribute to paint flow and leveling in a two-layer coatings system.
The company will be fully integrated into IMCD’s organisation in 2021.
Company has selected Herøya Industrial Park as the site for a potential large-scale plant for battery graphite production.
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Gevo will license its technology and Praj will provide technology, plant equipment and EPC services to sugar mills and ethanol plants to produce renewable isobutanol from 1G feedstock (cane juice, cane molasses, sugar syrup, etc.) and 2G feedstock (cellulosic biomass like straws, bagasse, etc.)
The annual production capacity of the new plant is 120,000,000 kiloliters per year.
The additional capacity is expected to come on stream by mid-2022.
Kishor Rungta is presently the CMD of The Fertilizers And Chemicals Travancore Ltd (FACT).
Øistein Jensen has been appointed as the company’s first Chief Sustainability Officer leading ESG matters.
Closure of the plant become inevitable due to a declining BDO market size in Japan and significant overcapacities in Asia.
The overall objective was to create a range of bio-based prepolymers which allow the PU processor to produce components with a reduced CO2 footprint.
Sales increased by by 16% YoY to DKK 3,202 million.
BASF India has acquired 100% stake in BASF Performance Polyamides India Private Limited from BASF Nederland B.V. and BASF SE for an aggregate consideration of Rs. 302.90 crore.
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