Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 526
Chemical
Chemical | 22 January 2023

US chemicals sector to experience downturn in 2023: Martha Moore

Chief Economist of the American Chemistry Council believes that raw material and energy costs, slowing volumes & failing end use demand create uncertainty

Gas
Gas | 21 January 2023

Honeywell selected for carbon capture and storage project in Thailand

Honeywell Separex Membrane Technology will help to achieve the project objectives to concentrate the CO2 rich stream which will be geologically stored in depleted reservoirs.

Petrochemical
Petrochemical | 21 January 2023

Sabic plans to increase production capacities for circular products to 1 MMt/y by 2030

As a next step on the roadmap to meet this 2030 target, SABIC will upscale volumes globally of advanced and mechanical recycling as well as bio-based materials

Gas
Gas | 21 January 2023

Arkema, Engie sign renewable biomethane supply deal in France

This supply agreement of 300 GWh/year of renewable biomethane with ENGIE, and ongoing energy efficiency projects will enable Arkema to further reduce very significantly the carbon footprint of its bio-based high performance Rilsan polyamide 11 and Pebax Rnew elastomers

General
General | 21 January 2023

H. M. Bharuka and Jagdish Acharya conferred Lifetime Achievement Award at Indian Paint Conference 2023

Awards were conferred for their immense contribution to the Indian paint industry.

Chemical
Chemical | 21 January 2023

Indian paint industry to reach Rs. 1 lakh crore in next five years

IPA also inaugurated the largest trade event of Indian Paints & Coatings industry – 30th & 31st Indian Paint Conference at Taj Resort & Convention Centre in Goa

Policy
Policy | 20 January 2023

PLI scheme for agrochemicals needed to make India a manufacturing hub: CCFI

Non-inclusion of agrochemicals under PLI Scheme will result into surge in imports of over Rs 15,000 crore in the current year.

Chemical
Chemical | 20 January 2023

Meghmani Finechem’s Q3FY23 revenue up 27%; PAT by 11%

The Board of Directors of Meghmani Finechem Ltd has approved the expansion of an additional 45,000 TPA production capacity of CPVC Resin plant at Dahej, Gujarat.

Chemical
Chemical | 20 January 2023

LANXESS increases prices for ion exchange resins and iron oxide adsorbers

The price increase will be valid for all orders starting January 1, 2023

Technology
Technology | 20 January 2023

Covestro and LANXESS cooperate to produce more sustainable raw materials

Cooperation reduces CO2 emissions by up to 120,000 tons per year

General
General | 20 January 2023

Asian Paints Q3 FY23 consolidated PAT rises to Rs. 1072.67 Cr

The company has reported total income of Rs. 8723.30 crores during the period ended December 31, 2022

Sustainability
Sustainability | 20 January 2023

Project Air to receive EUR 97 million under agreement with Innovation Fund

Project Air is a combination of a carbon capture and utilisation (CCU) process for converting CO2, residue streams, renewable hydrogen and biomethane

People
People | 20 January 2023

Ib Jensen takes over from Jan Secher as new CEO of Perstorp Group

Monica Jönsson, currently deputy CFO, will take on the role as CFO when Ib Jensen assumes the position as CEO.

Sustainability
Sustainability | 20 January 2023

ADNOC uses innovative drone technology to plant mangroves

Planted more than 200,000 mangrove seeds in Abu Dhabi’s Mirfa coastal lagoon

Energy
Energy | 20 January 2023

India Glycols executes power delivery agreement with RGMTPL

To procure 17.5 MW AC Wind Solar Hybrid power, from grid connected Group captive Wind-Solar Hybrid Project proposed to be developed by RGMTPL

Chemical
Chemical | 20 January 2023

GACL granted patent

The major utilization of this product is in pharma sector, food industry, paint industry etc.

General
General | 20 January 2023

Gulshan Polyols Q3 FY23 net profit up at Rs. 11.85 Cr

The company has reported total income of Rs. 333.79 crores during the period ended December 31, 2022

General
General | 20 January 2023

Shree Pushkar Chemicals and Fertilisers posts Q3FY23 profit at Rs. 5.11 Cr

The company has reported total income of Rs. 156.03 crores during the period ended December 31, 2022

General
General | 20 January 2023

Poddar Pigments posts Q3 FY2023 PAT at Rs. 6.95 Cr

The company has reported total income of Rs. 84.35 crores during the period ended December 31, 2022

Sustainability
Sustainability | 20 January 2023

ADNOC announces world first fully sequestered CO2 injection project

The project marks another important step in ADNOC’s commitment to decarbonize its operations

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