Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 438
Petrochemical
Petrochemical | 02 August 2023

SunGas Renewables to build green methanol facility in U.S

The first facility is expected to begin operations in 2026 and have an annual production capacity of approximately 390,000 tonnes

Petrochemical
Petrochemical | 02 August 2023

Conagen and Sumitomo Chemical jointly develop new renewable carbon materials

The collaboration aims to create a platform that enables the production of sustainable chemicals to replace petrochemicals in an extended range of many applications

General
General | 02 August 2023

Encina partners with Veolia for Pennsylvania circular manufacturing facility

Veolia's scope includes a state-of-the-art process water system and a wastewater treatment plant

General
General | 02 August 2023

Solvay invests in US based membrane solutions manufacturer

CMS membrane solutions can reduce greenhouse gas emissions and help decarbonize heavy industries

Chemical
Chemical | 01 August 2023

BASF, Huntsman and Chinese partners announce separation of joint MDI production in China

Going forward, the companies will operate the two MDI plants located at the site in Caojing, China independently

Chemical
Chemical | 01 August 2023

LANXESS increases prices for ion exchange resins and iron oxide adsorbers

The price increase will be valid starting July 1, 2023 for all deliveries

Chemical
Chemical | 01 August 2023

UPL’s Q1 FY24 PAT drops 81% YoY to Rs. 166 Cr

The global agrochemical industry has been going through a challenging phase over the last two quarters as distributors prioritized destocking and focused on tactical purchases amid high channel inventories

People
People | 01 August 2023

PPG appoints John Bruno, VP, Finance

Bruno will influence key organic growth and strategy initiatives for all of PPG’s strategic business units

Sustainability
Sustainability | 01 August 2023

INEOS welcomes UK Government support for Acorn CCS

The Acorn Project underpins our net zero commitments and our investment plans for world scale low-carbon hydrogen production at Grangemouth

Chemical
Chemical | 01 August 2023

Laxmi Organic Industries approves capex of Rs. 710 Cr

The new manufacturing site is expected to come on stream approximately in 3 years

General
General | 01 August 2023

India Pesticides Q1 FY2024 consolidated PAT slides to Rs. 15.45 Cr

The company has reported total income of Rs. 204.71 crores during the period ended June 30, 2023

General
General | 01 August 2023

Best Agrolife consolidated Q1FY24 PAT jumps to Rs. 90.50 Cr

The company has reported total income of Rs. 616.57 crores during the period ended June 30, 2023

General
General | 01 August 2023

Toray Advanced Composites to increase production capacity by 50% at California plant

The new facility will add 74,000 square feet (6,800 square meters) to the existing campus facilities.

Chemical
Chemical | 01 August 2023

Weak performance; steep reduction in revenue and earnings guidance for UPL: ICICI Securities

UPL reported revenue decline of 17.2% YoY. EBITDA and PAT declined 30.2% and 39.8%, respectively YoY

General
General | 01 August 2023

Performance acceleration may take some time for Rossari Biotech: ICICI Securities

Home, personal care and performance chemicals (HPPC) revenue declined 10.6% YoY to Rs2.8bn (including revenue from Unitop and Tristar)

General
General | 01 August 2023

LANXESS India wins FICCI award for Sustainability- Excellence in Safety

The award recognizes LANXESS’ initiatives and efforts undertaken towards creating a safer and sustainable environment for all its employees

Supply Chain
Supply Chain | 01 August 2023

IMCD acquires distributor Sachs Chemical in Puerto Rico

Sachs Chemical supplies chemicals mainly to the pharma industry

Chemical
Chemical | 01 August 2023

Fluor awarded EPC contract for new Mitsubishi Chemical EVOH facility in UK

Fluor’s scope of work consists of modifications to the existing facility and a new, second production line that will increase capacity by 21,000 tons per year

General
General | 01 August 2023

Fluor awarded more than $1 billion in life sciences contracts

Contracts are related to a $487 million biotech expansion project in Denmark and first phase of a new life sciences production facility valued at $574 million in Central U.S.

Technology
Technology | 01 August 2023

Andritz bags FEED contract for large-scale green-hydrogen project in Finland

The Front-End Engineering Design provided by ANDRITZ will include the complete hydrogen plant, incorporating the alkaline electrolyzer technology of HydrogenPro

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