Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 413
Sustainability
Sustainability | 13 May 2022

Nordea Climate Engagement Fund to invest in Solvay

This recognizes Solvay’s One Planet roadmap and accelerating energy-transition plan.

Petrochemical
Petrochemical | 13 May 2022

Shell to sell retail and lubricants businesses in Russia

The agreement with LUKOIL follows Shell’s announcement in early March of its intention to withdraw from all Russian hydrocarbons in a phased manner

Petrochemical
Petrochemical | 13 May 2022

Asahi Kasei to provide carbon footprint data for synthetic rubber, elastomers

Company has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber (S-SBR), a material for eco-friendly tires

General
General | 13 May 2022

Paradeep Phosphates IPO to open on May 17

The bid lot for the offer has been finalized to be 350 Equity Shares and in multiples of 350 Equity Shares thereafter

Petrochemical
Petrochemical | 13 May 2022

BASF to supply renewable automotive coatings to BMW Group

The BMW Group is the first OEM to use BASF paints certified according to the biomass balance approach

Petrochemical
Petrochemical | 13 May 2022

Indorama's Q1 revenue grows 37% on higher volumes, margins

IVL’s business segments grew as the company’s leading global position benefited overall in an environment of higher crude oil prices, increased ocean freight rates and a strengthening US dollar, led by resurging consumer demand and global mobility

Hydrogen
Hydrogen | 13 May 2022

GAIL awards green hydrogen EPC contract to Tecnimont

The EPC contract awarded is to implement a 4.3 tons per day green hydrogen production plant via a 10 megawatt PEM electrolysis unit with a purity of about 99.999 volume % to be located in Vijaipur

Digitization
Digitization | 13 May 2022

AI driven solution for chemical plants is highly safe and efficacious: Dr. Hiraoki Kanokogi, Yokogawa

Yokogawa Electric Corporation’s AI algorithm FKDPP has actually improved the productivity and reduced cost and time loss

Petrochemical
Petrochemical | 13 May 2022

Ethanol manufacturers to invest Rs. 3,000 crore in Bihar

Bihar produces 35,000 MT maize and has got a quota to manufacture 36 crore liters of ethanol from Oil Marketing Companies (OMCs)

Chemical
Chemical | 13 May 2022

ADM to expand starch production capacity in Minnesota

Expansion will help meet fast-growing demand from the food and beverage sectors, and to support the continued expansion of the company’s BioSolutions platform

Petrochemical
Petrochemical | 13 May 2022

Sabic's profit rises on higher prices, volumes

Net income during the first quarter rose by 33% YoY and totaled $ 1.73 billion

Chemical
Chemical | 13 May 2022

Toray Industries full year revenue grows by 18%

Operating income increased 80.0% to ¥100.6 billion and profit attributable to owners of parent rose 83.9% to ¥84.2 billion.

Chemical
Chemical | 13 May 2022

Afryn signs organic acid supply deal with European firm

biobased acid will enable its customer to contribute to animal health with its nutrition offerings for a wide variety of animal species

Chemical
Chemical | 13 May 2022

H.I.G. to sell Valtris Specialty Chemicals to SK Capital

Valtris is a leading manufacturer of specialty polymer additives and specialty chemicals for a diverse set of end markets

Gas
Gas | 13 May 2022

Technip Energies and Saulsbury Industries bags EPC contract for ExxonMobil's CCS expansion project in Wyoming

The expansion will consist of a modification of the existing gas treatment facility to increase the carbon capture capacity and the installation of pipeline to transport the CO2 to the reservoir where it will be stored

Hydrogen
Hydrogen | 13 May 2022

Chemours to join in funding round of AEM technology startup

Versogen’s AEM technology offers a reliable and affordable way to produce green hydrogen at scale and help meet global decarbonization goals

Battery
Battery | 13 May 2022

Trafigura, Green Lithium enters into partnership for feedstock supply and equity investment

Under the newly-established relationship, Trafigura plans to supply lithium feedstock required for the planned UK-based refinery and invest equity in Green Lithium’s development phase funding round

Petrochemical
Petrochemical | 13 May 2022

UAE investor Shaheen joins Ta’ziz, Reliance JV for $2-billion chemicals project in Ruwais

The agreement marks the first direct investment by a privately-owned United Arab Emirates (UAE) company in the TA’ZIZ Industrial Chemicals Zone

Petrochemical
Petrochemical | 12 May 2022

Ineos Styrolution India to restart Nandesari plant operations

The plant is expected to restart operations from May 12, 2022

Chemical
Chemical | 12 May 2022

Diamines and Chemicals Q4 sales grows by 41%

Net profit in Q4 rose by 234% and stood at Rs.7.1603 crores as against Rs.2.1421 crores for the period ended March 31, 2021

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