Chemical | 01 September 2020
Petronas Chemicals, PT AKR forms JV to distribute chemicals across Indonesia
Methanol will be the first product to be distributed to customers in Indonesia.
Methanol will be the first product to be distributed to customers in Indonesia.
MITO Materials will use funding to stay on the cutting edge as they enter the market with new innovations and continue with their mission to empower a new era of advanced manufacturing where products are expected to be built better and last longer.
This opportunity will enable Veolia to build the French world champion in ecological transformation, while accelerating international development and strengthening the new entity’s capacity for innovation.
The plant will gasify used plastics under high temperature, and decompose them to the level of molecules. Then gasified plastics are converted into hydrogen (low-carbon hydrogen) and carbon dioxide.
As part of the deal, L&T’s E&A business of low and medium voltage switchgear, electrical systems, industrial and building automation solutions, energy management systems, metering solutions and projects and services business are transferred to Schneider Electric.
The closing of the transaction is subject to customary regulatory review and is expected in December 2020.
In this partnership, Lanxess and Hüni will elaborate the individual concepts for initial customers, with Hüni focusing primarily on plant engineering and construction of the modules, while Lanxess will contribute its chemical process engineering and application expertise to the X-Biomer production.
Bio-Ag industry pioneer and business leader Meadows-Smith to help guide BSI’s growth strategy in the agricultural biopesticide and pharmaceutical vaccine adjuvant markets
The transaction is subject to regulatory approvals and is expected to close near year-end.
As per the deal, Orocobre will PPES up to 30,000 tonnes of lithium carbonate equivalent (LCE) per year by 2025 with initial deliveries commencing from 2021.
The Seoul Central District Court dismissed SK Innovation’s request for withdrawal of the lawsuit as well as its request for damages.
The company intends to raise Rs. 750 crore via QIP and Rs. 250 crore via non-convertible debentures.
Company's sales in Q1FY21 stood at Rs. 700.23 crore, which declined by 42.13% .
Under the agreement, DKSH will provide marketing and sales, inventory, business development as well as distribution and logistics for ddchem.
With the acquisition, Borealis will broaden its extensive and sophisticated portfolio, with complementary products and technologies for semi-conductive, flame retardant, rubber and silane cross-linkable compounds.
The company is unsure of the manpower situation for expanding the manufacturing operations for new projects due to Covid-19 lockdown.
The company is planning a mega expansion plan with respect to chemicals such as Caustic Soda, Chloromethanes, Phosphoric Acid, Hydrazine Hydrate and Chlorotoluene.
The company's sales fell by 51% YoY and stood at Rs.41.36 crores in Q1FY21.
Vitalus Nutrition focuses on unlocking the nutritional value of milk and transforming its components into ingredients used in nutritional food and beverage applications, like VITAGOS.
Kathy Fortmann will assume the role of divisional CEO, taste, effective 1 October.
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