Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 394
Supply Chain
Supply Chain | 13 November 2023

IMCD India to acquire two business lines from CJ Shah & Company

These businesses generated a revenue of approximately Rs. 230 crore for the Financial Year ended March 31, 2023

General
General | 13 November 2023

Solvay (EssentialCo) aims gross savings of €300 million by 2028

EssentialCo unveils its new strategy and 2028 financial targets

General
General | 13 November 2023

Syensqo aims to deliver €7bn+ of cash between 2024 and 2028

Launches its 5-year growth strategy to create significant value

General
General | 13 November 2023

IMCD reports 10% decline in EBITA at €400 million in the first nine months of 2023

IMCD posted a gross profit of € 856 million (+EUR 3 million on a constant currency basis) in the first 9 months

General
General | 13 November 2023

Grupa Azoty Q3 2023 chemical sales up by 14%

The Group generated consolidated revenue of PLN 3,075 million, EBITDA of PLN -348 million, and EBITDA margin of -11.3%

Chemical
Chemical | 13 November 2023

Deepak Nitrite Q2 FY24 PAT up 18% at Rs. 205 Cr

For H1 2024, Deepak Nitrite has posted net profit of Rs. 354.98 crore as compared to Rs. 409.09 crore during H1 2023

Chemical
Chemical | 13 November 2023

AkzoNobel launches low-energy powder coating ‘Interpon D1036’

Interpon D1036 Low-E can help customers cut energy consumption by as much as 20%

General
General | 13 November 2023

Yara divests its fertilizer import and distribution subsidiary in Ivory Coast

The divestment transaction is anticipated to be finalized by the end of April 2024

Technology
Technology | 11 November 2023

Chevron Lummus Global commissions Isoterra unit at El Segundo refinery

The Isoterra unit leverages both the refinery’s existing assets and Chevron Lummus Global’s proprietary catalyst and reactor internals technology

General
General | 11 November 2023

Neste increases stake in animal fats unit Demeter to 80%

Neste has also agreed to acquire the remaining shares of Neste Demeter over the next few years

Sustainability
Sustainability | 11 November 2023

Johnson Matthey offers 100% recycled platinum group metal content

The methodology has been reviewed and accepted by the Carbon Trust as being in line with industry recommendations, outlined by the Ellen MacArthur Foundation

People
People | 11 November 2023

Arkema to renew tenure of Chairman & CEO

The Board of Directors intends to renew Thierry Le Hénaff’s term of office as Arkema’s Chairman and Chief Executive Officer.

Sustainability
Sustainability | 11 November 2023

Amcor, Nova Chemicals ink agreement to source mechanically recycled polyethylene

Multiyear collaboration reflects shared commitment to circular content

General
General | 11 November 2023

Tata Chemicals facilitates critical cancer aid for low-income patients

Tata Chemicals has supported over 200 patients across 10 states in India, giving them access to specialised medical opinion

Chemical
Chemical | 11 November 2023

Tata Chemicals Q2 FY24 profit slides 32% to Rs. 495 crore on weak demand, prices

Revenue for the quarter was down due to lower volumes of soda ash (except for India)

Electric Vehicles
Electric Vehicles | 11 November 2023

Plastics positioned to drive innovation in EV: M. Holland

EV-related opportunities for plastics manufacturers are not limited to vehicles alone

People
People | 11 November 2023

Celanese restructures leadership team

Scott Richardson named Executive Vice President and Chief Operating Officer

General
General | 11 November 2023

Petrobras to invest BRL 1 billion in social and environmental projects

Applications are open for social and environmental projects

Supply Chain
Supply Chain | 11 November 2023

Nexeo Plastics, Asahi Kasei Plastics North America ink agreement to distribute Xyron m-PPE resin in North America

Xyron is a leading global resin brand known for its exceptional properties,

Gas
Gas | 11 November 2023

Production begins from bp-operated Seagull field in North Sea

The new field is expected to produce around 50,000 barrels of oil equivalent gross per day at peak production

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