Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 381
Chemical
Chemical | 01 July 2022

thyssenkrupp nucera wins caustic soda plant expansion order from Kutch Chemical in India

thyssenkrupp's scope of work includes the supply and services around engineering, supply of all major plant equipment, supervision of the erection and commissioning activities, training of the operating personnel as well as holistic 360-degree service solutions for the entire lifecycle of a plant

Petrochemical
Petrochemical | 01 July 2022

Neste to invest €1.9 billion for expansion of renewable products refinery in Rotterdam

The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions

Chemical
Chemical | 01 July 2022

FMC to acquire biological company BioPhero

The company expects pheromones and pheromone-based products to contribute approximately US $1 billion in revenue at above company-average EBITDA margin by 2030

Hydrogen
Hydrogen | 01 July 2022

IH2A seeks US $360 mn financial support for 25 Green Hydrogen projects

The 25/25 Green Hydrogen Hub Development Plan was submitted by IH2A to NITI Aayog and the Ministry of New and Renewable Energy, Government of India

Chemical
Chemical | 01 July 2022

UPL and Bunge ink agreement to form Orígeo in Brazil

Orígeo will combine Bunge's expertise in financing, trading, and logistics matched with UPL's comprehensive sustainable agricultural inputs, solutions, and services portfolio.

Chemical
Chemical | 01 July 2022

Briefs: SRF and Hikal

SRF Ltd's Board had earlier approved for a project to create MPP4 plant at Dahej at a cost of Rs. 375 crores.

People
People | 01 July 2022

Cosmo Films appoints Justin Glass as President for North America operations

Justin will be responsible for devising growth strategies and expanding business in the North American region for the organisation.

Digitization
Digitization | 01 July 2022

Chemical industry to invest US$7 billion+ in digital technologies by 2031: ABI Research

The chemical industry has finally woken up to the benefits of Industry 4.0 and is ready to spend in the face of challenges such as increasing margin pressures and a declining labor force

Petrochemical
Petrochemical | 01 July 2022

Azelis acquires specialty lubricant distribution assets of Turkey-based Ak-taş

The transaction is expected to close in the third quarter of 2022, after fulfilment of customary closing conditions

People
People | 01 July 2022

Chris Cooper appointed President of Neste US

In his role, he is responsible for supporting and aligning regional business strategies to deliver the strategic growth targets, and he acts as Neste’s primary representative for the external community in the US

General
General | 01 July 2022

B2B online marketplace ChemDirect closes Series A funding round

Specialty chemical marketplace will use funds to expand team and scale platform

Battery
Battery | 01 July 2022

POSCO Chemical signs MoU with Britishvolt for battery materials

Britishvolt secures stable supply of battery raw materials in advance of commercial production

General
General | 01 July 2022

BASF partners with MAN Energy Solutions to build industrial scale heat pump in Ludwigshafen

This project is intended to make an important contribution to reducing greenhouse gas emissions, establishing the use of low-CO2 technologies in chemical production and reducing the site’s natural gas consumption

Sustainability
Sustainability | 30 June 2022

IMCD awarded recognition for its ESG led initiatives

Company has been ranked top in ESG industry ratings conducted by Sustainalytics, which is is a global provider of ESG research, ratings and data

General
General | 30 June 2022

Sandvik shuts its Russia operations due to Ukraine war

In 2021, about 3.6 percent of Sandvik Group revenues was from Russian customers

Chemical
Chemical | 30 June 2022

INEOS Oligomers announces 50% expansion of HV PAO unit in Texas

The increased capacity of the HV PAO plant will meet significant demand for wind turbines and other industrial applications

Sustainability
Sustainability | 30 June 2022

Control room, grievance redressal app, and workshops for implementation of Single Use Plastic

India will ban manufacture, import, stocking, distribution, sale and use of identified single use plastic items, which have low utility and high littering potential, all across the country from July 1, 2022

Petrochemical
Petrochemical | 30 June 2022

IndianOil approves investment for capacity expansion of Digboi Refinery

Accorded investment approval for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA at an estimated cost of Rs.740.20 crore.

General
General | 30 June 2022

Samsung Engineering acquires stake in Vietnam-based water treatment company

Company has acquired 24% stake in DNP Water for about 52.7 billion KRW ($ 41 million USD)

Chemical
Chemical | 30 June 2022

Organic expansion provides strong visibility ahead to Vinati Organics: ICICI Direct

ATBS capacity to be expanded by 20,000 MT with outlay of Rs. 300 crore

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