Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 466
Battery
Battery | 31 May 2023

LG Chem breaks ground on carbon nanotube plant at Daesan complex

Expected to double its annual CNT production capacity to 6,100 tons by 2025 at the completion of its CNT 4 plant

Hydrogen
Hydrogen | 31 May 2023

Plug Power to develop three green-hydrogen plants in Finland

Using Plug’s PEM electrolyzer and liquefaction technology, the green hydrogen produced at these sites will support the production of ammonia and green direct reduced iron (DRI), reduce dependence on fossil fuels, and materially support the decarbonization of Europe

General
General | 30 May 2023

Primo Chemicals Q4 FY23 consolidated PAT drops to Rs. 17.46 Cr

The company has reported total income of Rs. 155.16 crores during the period ended March 31, 2023

General
General | 30 May 2023

Kanoria Chemicals and Industries posts Q4FY23 consolidated loss at Rs. 1.52 Cr

Kanoria Chemicals & Industries has reported total income of Rs. 444.78 crores during the period ended March 31, 2023

Energy
Energy | 30 May 2023

L&T forms Green Energy Council

The council will be responsible for identifying technology trends in green energy

General
General | 30 May 2023

Finolex Cables posts Q4 FY23 consolidated PAT at Rs. 175 Cr

The company has reported total income of Rs. 1266.14 crores during the period ended March 31, 2023

General
General | 30 May 2023

Shree Renuka Sugars posts Q4 FY23 consolidated PAT at Rs. 42.8 Cr

The expanded ethanol production capacity from 720KLPD to 1250 KLPD was commissioned in March 2023

General
General | 30 May 2023

Chemcon Speciality Chemicals FY23 total income up by 18%

The general downturn in the end-user market have somewhat dampened the sentiments

General
General | 30 May 2023

Sukhjit Starch and Chemicals reports FY23 revenue up 24% at Rs 1,435 Cr

Capex on existing plants will enable the company to increase its daily production capacity from 1600 tonnes to 2000 tonnes over the next 24 months

Energy
Energy | 30 May 2023

India explores strengthening of cooperation under EU – India Clean Energy and Climate Partnership

India and the EU agree to work towards providing energy access to energy-poor populations

Policy
Policy | 30 May 2023

Government extends ISTS waiver of Green Hydrogen and Green Ammonia projects to December 2030

Gives complete waiver of ISTS charges for 25 years to projects commissioned on or before 31st Dec, 2032

Technology
Technology | 30 May 2023

Shell awards Worley an enterprise framework agreement

Worley will provide engineering, procurement and integrated project management services for Shell’s projects covering all of Shell’s businesses

General
General | 30 May 2023

Hikal posts FY23 PAT at Rs. 36 Cr

Crop Protection sales grew by 22% at Rs. 236 crore as compared to Rs. 194 crore in Q4 FY22

General
General | 30 May 2023

ADNOC, TAQA award US$2.4 billion mega water project

Centralized world-class seawater treatment facility to replace current deep aquifer saline water systems across ADNOC’s onshore operations, enhancing energy efficiency by up to 30%

People
People | 30 May 2023

AVEVA strengthens leadership team with four new senior roles

Sue Quense takes on the newly created role of Chief Commercial Officer, Marco Mueller as Chief Marketing Officer, Rob McGreevy as Chief Product Officer and Iju Raj as Executive Vice President for R&D

Chemical
Chemical | 30 May 2023

EBITDA/kg at higher level sustains for Galaxy Surfactants: ICICI Securities

GSL expects to grow volume by 6-8% pa in FY24

Chemical
Chemical | 30 May 2023

Multiple tailwinds for Sudarshan Chemical Industries: ICICI Securities

SCIL expects gradual recovery in sales with the commissioning of entire capex, and expansion of new product portfolio

General
General | 30 May 2023

Labindia partners with Hamilton Laboratory to launch Labindia Hamilton

Product deliveries scheduled in Q3 of 2023

Petrochemical
Petrochemical | 30 May 2023

Sumitomo Chemical and Rever Corp form alliance to develop plastic material recycling business

Through the collaboration, Sumitomo Chemical aims to begin supplying recycled plastic materials to automotive-related manufacturers by as early as fiscal 2025

Petrochemical
Petrochemical | 30 May 2023

Toray, Mitsui Chemicals and Kumagai jointly develop mono-material film packaging material

Carbon dioxide emissions are 80% lower than from conventional counterparts with this new material, which is also recyclable.

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