Jointly organised by the Department of Chemicals and Petrochemicals, Government of India and FICCI, the event will see international participation from China, Japan, Iran, Germany, Turkey, Vietnam and Korea.
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The company will use UOP Renewable Jet Fuel Process technology at its Plaju refinery in Palembang, South Sumatra, and UOP Ecofining technology at its Cilacap refinery in Central Java.
The revised demand notice amount is mainly after considering C-Forms submitted by BASF to the Commercial Tax Department, Karnataka and recomputation of interest.
Pursuant to the proposed demerger, GHCL will retain its chemicals and consumer products business while GHCL Textiles will focus on textiles business.
As per company's latest annual sustainability report, key focus is on three transformational areas including plastic waste, climate change, and thriving societies.
Closing of the transaction is expected for the first quarter of 2021 and is subject to regulatory approvals, including antitrust clearance.
Company has developed the process along with its joint venture technology partner Genomatica.
Minister said that to become a global hub in speciality chemicals, we must focus on the Research and Development and there is a need to make the R&D ecosystem stronger to come up with enhanced products aligned with the changing requirement of the industries.
The new organization will be effective from November 1, 2020.
The minister emphasized that circular initiatives will not only help the environment but make India more globally competitive as well.
Valmet and Neles together would create a Nordic based globally leading company with a unique offering to process industries and a globally balanced expert organization of over 16,000 professionals around the world.
Company has been recognised for its sustainability & CSR efforts.
Company was awarded “2020 Indian Water Chemicals Company of the Year” award based on the excellence in growth, innovation and leadership.
Dr. Vaghela is presently Secretary in Department of Pharmaceuticals, Govt of India
The emergence of new business models and focus on innovation either by optimization of existing supply chains or exploring new modes of movement has led to changes in existing structures in terms of competitiveness, inclusiveness, scalability and sustainability.
The company expects to use the sale proceeds to invest in its business and further reduce its debt and the transaction is intended to close in the first quarter of 2021.
Company decided to divest pectin business in order to strengthen the focus on its core business.
The four-way NDA signifies a commitment to a circular economy of polystyrene and serves as a basis for exploring and optimizing advanced recycling technologies for polystyrene
The cabinet minister will inaugurate and address the audience at 2:30 PM IST today.
According to El Molla, import rates during 2020 were at 3.5 million tonnes per year, at a cost of $1.5 billion.
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