Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 134
Sustainability
Sustainability | 19 October 2024

Westlake Global Compounds sites receive Silver Medal from EcoVadis

EcoVadis granted the Silver Medal following a third-party assessment of Westlake Global Compounds’ performance at its sites in Mexico, Europe, and Asia

Digitization
Digitization | 19 October 2024

ADNOC and AIQ accelerate deployment of industry-first AR360 AI solution

ADNOC is integrating AI across its value chain to enhance safety, reduce emissions and maximize value

General
General | 19 October 2024

Platinum Industries eyes global acquisition

The company will explore strategic global acquisition opportunities and evaluate potential fund-raising initiatives

General
General | 19 October 2024

Godavari Biorefineries fixes IPO price band at Rs. 334-352 per share

The company intends to utilize the Net Proceeds towards repayment/pre-payment

General
General | 19 October 2024

Adani Enterprises raises US$ 500 million primary equity to further its growth plans

The transaction was launched post-market hours on 9 October 2024 with a deal size of approximately Rs. 4,200 crores and closed on 15 October 2024

Energy
Energy | 19 October 2024

Rays Power Infra secures project worth Rs. 940 Cr

The newly secured projects include an aggregate of 362 MW in Rajasthan

General
General | 19 October 2024

Aether Industries Q2 FY25 PAT up 16.16% QoQ to Rs. 34.80 Cr

Total revenue increased by 9.27% QoQ to Rs. 209.77 crores, with EBITDA margin reaching 29.21%

Hydrogen
Hydrogen | 19 October 2024

Three pilot projects awarded in steel sector under National Green Hydrogen Mission

Matrix Gas and Renewables Ltd. with pilot plant capacity of 50 tons-per-day (TPD); Simplex Castings Ltd with pilot plant capacity of 40 TPD; and Steel Authority of India Ltd. (Ranchi) with plant capacity 3,200 TPD

R&D
R&D | 19 October 2024

PM-STIAC meeting discusses accelerating Industry-Academia partnership for research and innovation

The meeting brought together leaders from government, academic institutions, and industry bodies to discuss and gain a deeper understanding of the current state-of-play, plausible partnership models, local contextualisation, and effective implementation modalities

Chemical
Chemical | 18 October 2024

DCW invests Rs. 140 crore to expand CPVC production capacity to 50,000 MT

DCW Limited plans to fund approximately 30% of the project through internal accruals and balance through debt

Chemical
Chemical | 18 October 2024

DCM Shriram commissions flexi-fuel flaker plant at Jhagadia

A second flaker unit of identical make and capacity is also in the final stages of completion

People
People | 18 October 2024

Natalia Scherbakoff joins Orion as CTO

Scherbakoff joins Orion from Trinseo

General
General | 18 October 2024

Tata Chemicals Q2 FY25 income up 6%

Revenue from operations was flat during the quarter at Rs 3,999 crore

General
General | 18 October 2024

hubergroup showcases innovative solutions at Eurasia Packaging Fair 2024

The company will showcase its latest advancements in printing solutions

General
General | 18 October 2024

PPG to sell architectural coatings US and Canada business to AIP

The company also announced a comprehensive cost reduction program with anticipated annualized pre-tax savings of approximately $175 million

Sustainability
Sustainability | 18 October 2024

MAIRE optimizes financial structure through a new Euro 200 million sustainability-linked revolving credit facility

MAIRE also provided for the early voluntary repayment of the credit facility backed by SACE’s “Garanzia Italia” for €182.5 million

Petrochemical
Petrochemical | 18 October 2024

India aims US$ 142 billion investment in petrochemicals over the next decade: Petroleum Minister Puri

Puri says that India has potential to become global chemicals manufacturing hub at India Chem 2024

Sustainability
Sustainability | 17 October 2024

CPChem invests in circular plastic process technology with Alterra

The company aims to deploy its solutions globally, reinforcing its commitment to sustainable plastics management

Sustainability
Sustainability | 17 October 2024

Technip Energies sustainability practices rated in top 1%

Ratings agency EcoVadis awards Platinum medal

General
General | 17 October 2024

Petrobras signs three concession contracts in the Pelotas Basin

The consortium will have Petrobras as operator, with a 50% stake, and Shell and CNOOC as partners with 30% and 20% stakes, respectively

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