Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 367
Petrochemical
Petrochemical | 30 July 2022

Neste to acquire Ireland-based animal fat trader to strengthen its renewable raw material sourcing

Acquisition of Walco Foods is subject to the fulfillment of customary closing conditions and regulatory approval

Petrochemical
Petrochemical | 30 July 2022

Neste reports strong rise in sales, profits in Q2

Company's EBITDA totaled EUR 1,085 million as against last year at EUR 377 million in second quarter

Chemical
Chemical | 30 July 2022

Strong revenue growth; margins depressed for Clean Science and Technology : ICICI Securities

Contract revenue accounts for 25-30% of the company’s total revenue. The company is planning to expand its R&D team by 20 scientists.

Chemical
Chemical | 30 July 2022

Arkema earnings rise on strong growth in all segments during Q2

Company's EBITDA went up by a strong 47.5% compared with Q2’21 to €705 million, and a record EBITDA margin of 22.1%

Chemical
Chemical | 30 July 2022

LyondellBasell Q2 earnings drops 20% to $1.64 billion due to weak demand in China and Europe

The company's volumes in Europe decreased due to downtime at the cracker in France and moderating regional demand near the end of the quarter. In China, markets remained weak due to zero-COVID measures and logistical challenges.

General
General | 30 July 2022

Maire Tecnimont reports a steady growth in first half results

Company's EBITDA was €97.4 million, up 21.8% thanks to higher revenues and lower G&As

Sustainability
Sustainability | 30 July 2022

LyondellBasell achieves renewable energy milestone

The company signed two additional long-term renewable electricity power purchase agreements (PPA) with Buckeye Partners for a total of 165 megawatts

Chemical
Chemical | 30 July 2022

Olin registers Q2 2022 net income at $422.1 million

Sales in the second quarter 2022 were $2,616.1 million compared to $2,221.3 million in the second quarter 2021.

General
General | 30 July 2022

Umicore's earnings decline on higher costs, volatile price scenario

EBIT of the Group amounted to € 461 million, and adjusted EBITDA to € 601 million which below the record levels of the first half of 2021

Chemical
Chemical | 30 July 2022

Dow and Al-Hejailan Group sign MOU to build methyl diethanolamine plant in Saudi Arabia

Construction is expected to begin in 2024 with production projected to come online in 2025.

Chemical
Chemical | 30 July 2022

Chemours to expand capacity for opteon YF in Texas

The Opteon YF and YF blends refrigerants are now used in millions of vehicles and thousands of retail stores around the world, with zero ozone depletion potential (ODP) and global warming potential (GWP) that is significantly lower than the legacy refrigerants

Chemical
Chemical | 30 July 2022

Chemours posts higher sales, earnings on strong market demand

Second quarter 2022 Net Sales were $1.9 billion, 16% higher than the prior-year quarter

Petrochemical
Petrochemical | 29 July 2022

INEOS and SINOPEC sign three petrochemical deals valued at $7 billion

These landmark agreements are expected to generate a combined turnover of around $10 billion from 7 million tons of capacity

Hydrogen
Hydrogen | 29 July 2022

Black & Veatch joins Australian Hydrogen Council

Move is part of its efforts to accelerate the global shift to zero emission energy and speed the development of a global hydrogen energy economy

Chemical
Chemical | 29 July 2022

Cariflex breaks ground on world's largest polyisoprene latex plant in Singapore

Driven by a strong commitment to better serve its global customers in medical and consumer products, this investment represents the largest capacity expansion in Cariflex’s existing accomplishments

Petrochemical
Petrochemical | 29 July 2022

INEOS and SINOPEC sign petrochemical deals worth value $7 billion

The agreements will have a combined capacity of 7 million tonnes per annum, generating a turnover of around $10bn.

People
People | 29 July 2022

Cosmo Speciality Chemicals appoints Sunil Vaidya Sales Head

With over 30 years of experience, Sunil will be responsible for sales & marketing and the strategic business development of Cosmo Speciality Chemicals

Technology
Technology | 29 July 2022

ECI Group signs license and engineering agreement for two new high-pressure polyethylene plants

The Group will provide the technology, engineering design, and training for the facility, and support through commissioning, start-up, and production for two new high-pressure polyethylene plants.

Opinion
Opinion | 29 July 2022

Carbon dioxide refineries of future and net zero goal: Prof. Ganpati D. Yadav, Emeritus Professor of Eminence and Former Vice Chancellor, ICT Mumbai

The utilization of CO2 as a feedstock for producing chemicals not only contributes to alleviating global climate changes caused by the increasing CO2 emissions but also provides a grand challenge in exploring new concepts and opportunities for catalytic and industrial development

Petrochemical
Petrochemical | 29 July 2022

IndianOil posts Q1FY 23 net loss at Rs 1,993 Cr

The gross refining margin (GRM) during the first quarter of FY 2022-23 is $31.51 per bbl as compared to $6.58 per bbl

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