Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 507
Chemical
Chemical | 29 January 2023

Dow outlines targeted actions to deliver $1 billion in cost savings in 2023

Proactive actions will optimize Dow's cost structure in response to near-term macroeconomic uncertainty, while maintaining long-term value creation focus

General
General | 29 January 2023

TI Clean Mobility to acquire remaining shares of Cellestial E-Mobility

The cost of acquisition is up to Rs. 50.90 crore towards purchase of 60,860 equity shares from the founders of Cellestial E-mobility Private Limited

Supply Chain
Supply Chain | 29 January 2023

Sonowal inaugurates single window logistics portal National Logistics Porta (Marine)

NLP will be a single window for all trade processes of the logistics sector spread across the country

General
General | 29 January 2023

CRISIL upgrades rating of Finotex Chemical

Long Term Rating CRISIL A/Stable (upgraded from CRISIL A-/Stable) and Short Term Rating CRISIL A1 (upgraded from CRISIL A2+)

General
General | 29 January 2023

Heranba Industries revenue from operations in Q3 FY 23 reaches Rs. 280.2 Cr

The EBITDA margins were suppressed during 9M FY23 due to higher raw material prices and an increase in power and fuel costs

General
General | 29 January 2023

Bhagiradha Chemicals posts Q3 FY2023 consolidated PAT at Rs. 11.64 Cr

The company has reported total income of Rs. 126.49 crores during the period ended December 31, 2022

Sustainability
Sustainability | 28 January 2023

Tata Chemicals, Rallis wins Silver and Plaque at ICAI Sustainability Reporting Awards 2021-22

The award is an endeavour to benchmark global best practices to recognize and reward excellence in sustainability reporting.

Battery
Battery | 28 January 2023

Battrixx Batteries receives AIS 156 Amendment III Phase 2 certification

The company has been focusing on R&D, automation, skill development in operations, supply chain, and testing, in order to maintain the company’s leadership in this segment

General
General | 28 January 2023

Fineotex Chemical Q3 FY23 consolidated PAT up at Rs. 22.15 Cr

The company has reported total income of Rs. 111.02 crores during the period ended December 31, 2022

General
General | 28 January 2023

Best Agrolife posts Q3FY23 consolidated profit at Rs. 30.61 Cr

The company has reported total income of Rs. 328.44 crores during the period ended December 31, 2022

General
General | 28 January 2023

CPCL Q3 FY23 profit up at Rs. 144.20 Cr

The company has reported total income of Rs. 19218.37 crores during the period ended December 31, 2022

General
General | 28 January 2023

Thirumalai Chemicals posts Q3FY23 consolidated profit at Rs. 8.30 Cr

The company has reported total income of Rs. 518.73 crores during the period ended December 31, 2022

General
General | 28 January 2023

Anupam Rasayan India Q3 FY23 operating revenue grows 44%

Total revenues at Rs. 388.8 crore in Q3 FY23 showing a growth of 43% Y-o-Y and Profit After Tax at Rs. 54.4 crore showing a growth of 44% Y-o-Y

Chemical
Chemical | 27 January 2023

Price trends for specialty chemicals in Nov 22

PTFE price jumped 5.9% QoQ / 24.1% YoY to Rs1,025 while volumes fell 15.4% YoY to 2kte.

General
General | 27 January 2023

SDA revenue recovers but margins dip for Tatva Chintan Pharma Chem: ICICI Securities

The company is working on backward integrating for a key solvent, which will help further expand the margins

Gas
Gas | 27 January 2023

Air Liquide reports growth in contracts for on-site industrial gases

The 52 new contracts signed in 2022 will serve our customers in nitrogen, oxygen or hydrogen especially in the glass, metals, water and waste treatment as well as secondary electronics growing markets

Technology
Technology | 27 January 2023

Technip Energies signs two MoUs to expand footprint for energy transition projects in Canada

Company signed MoU with PCL Industrial Management Inc. and Capital Engineering to work collaboratively on efforts associated with energy transition markets in Canada

General
General | 27 January 2023

Braskem America awarded ISCC plus certification for all U.S. Polypropylene facilities

Company will now be able to accelerate the production and sale of certified circular and bio-attributed PP solutions to its clients

Petrochemical
Petrochemical | 27 January 2023

Afyren chooses Thailand for its second bio-based carboxylic plant

The project will take the form of a joint venture 70% owned by the majority partner AFYREN, with 30% held by Mitr Phol

Sustainability
Sustainability | 26 January 2023

Vertex and Tata Chemicals Europe sign low carbon hydrogen offtake agreement

Vertex will supply TCE with hydrogen as the manufacturer continues to decarbonise its operations in the UK with a target of achieving “net zero” manufacturing by 2030.

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