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Petrochemical
Petrochemical | 12 February 2023

UPM Biochemicals and Haertol to develop new sustainable coolants

UPM Biochemicals and HAERTOL will jointly launch a new range of carbon-neutral engine and battery coolants that will help automakers reduce their carbon footprint.

People
People | 11 February 2023

Welspun appoints Neeraj Kant as CEO of steel vertical

He has over 37 years of extensive experience in the steel and steel products industry with three companies – SAIL, Tata Steel, and The Indian Steel & Wire Products Ltd.

General
General | 11 February 2023

Briefs: Dhanuka Agritech Limited and GAIL

Based on the recommendation of the Nomination and Remuneration Committee of Dhanuka Agritech Limited, the Board of Directors has designated Rahul Dhanuka from Whole Time Director to Joint Managing Director of the company with immediate effect

General
General | 11 February 2023

OIL records highest ever profit in Q3 FY23

The company has reported Profit after Tax (PAT) for Q3 FY23 is Rs. 1,746.10 crore vis-a-vis Rs. 1,244.90 crore for Q3 FY22

People
People | 11 February 2023

Vishnu Chemicals appoints Mahesh Bhatter as Chief Financial Officer

He has been associated with the company since September, 2018 and has over 17 years of corporate experience in the diversified fields of accounts, corporate finance, forex, treasury, project finance, working capital management etc.

General
General | 11 February 2023

TPL Plastech Q3 FY23 revenue grows 19%

The greenfield unit at Dahej (Gujarat) for manufacturing of Intermediate Bulk Containers (IBCs) along with other industrial packaging products i.e. drums and jerry cans is expected to commence production by March 2023

General
General | 11 February 2023

Dhanuka Agritech Q3 FY2023 net profit up by 8.3% YOY to Rs. 46.07 crores

The company clocked Rs 46.07 crore net profit during the October - December quarter, thus registering a 8.3 % growth over the same quarter of the previous fiscal year.

Hydrogen
Hydrogen | 10 February 2023

Green Hydrogen producer gets inter-state transmission charges waiver for 25 years

The Green Energy Corridor Scheme (Phase I with an outlay of Rs. 10,141.68 crore and Phase II with an outlay of Rs. 12,031.33 crore) includes laying of transmission lines and creation of new sub-stations for evacuation of renewable power

Digitization
Digitization | 10 February 2023

Iberchem launches new digital tool for natural fragrance creation Vita

Utilising SAP technology and complex coding, the digital tool enables the naturality of fragrances to be calculated with great accuracy

Chemical
Chemical | 10 February 2023

FMC introduces drone spray services for Indian farmers

The service is currently available in Andhra Pradesh and will be available in the states of Madhya Pradesh and Maharashtra by month-end

General
General | 10 February 2023

Snowman Logistics opens its first A-Grade dry warehouse in TN for storing and distributing chemicals

The Shoolagiri facility is situated in Horizon Industrial Parks and is 50,000 square feet of warehouse space with a capacity of 5,500 MTs with G+5 racking, equipped with all safety equipment and compliances

General
General | 10 February 2023

Syngenta join hands with IoTechWorld to deploy 2,000 drones

Both parties have agreed to work together to harness their strengths to promote the spray of Syngenta approved chemicals using drone technology of IoTechWorld, in different territories of India

General
General | 10 February 2023

DKSH full year earnings grows on strong sales across units

Company's EBIT increased by 12.2% to CHF 319.2 million, and net sales grew 1.9%

Petrochemical
Petrochemical | 10 February 2023

LyondellBasell and KIRKBI invest in APK to develop recycling technology

Under the agreement, LyondellBasell and KIRKBI will become minority shareholders in APK and together with other co-investors will invest approximately 130 million Euros in APK

General
General | 10 February 2023

AkzoNobel India posts Q3 FY23 net profit at Rs. 97.4 crores

The company has reported total income of Rs.999.2 crores during the period ended December 31, 2022 as compared to Rs.919.1 crores during the period ended December 31, 2021

General
General | 10 February 2023

Alkyl Amines Chemicals Q3 FY2023 net profit falls on higher income

The company has posted net profit of Rs.45.70 crores for the period ended December 31, 2022 as against net profit of Rs.45.88 crores for the period ended December 31, 2021.

General
General | 10 February 2023

Vishnu Chemicals Q3 FY23 net profit up by 29% at Rs. 32 crores

Company’s consolidated revenues stood at ₹331 crore for the December quarter, up 11 per cent from ₹299 crore in the corresponding quarter last year

Chemical
Chemical | 09 February 2023

Navin Fluorine commercializes two plants

Navin Fluorine Advanced Sciences Limited, a wholly owned subsidiary of the company, has entered into a multi-year contract with a large multinational company for manufacture and supply of a key agro-chemical fluoro intermediate

Hydrogen
Hydrogen | 09 February 2023

Mitsubishi Corp., RWE, Lotte Chemical to develop clean ammonia supply chains

Within this alliance RWE, LOTTE, and MC have now signed a Joint Study Agreement (JSA) to develop a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, USA.

People
People | 09 February 2023

Bayer names Bill Anderson as the next CEO

Bill will assume the new role from June 1, 2023

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