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Sustainability
Sustainability | 20 December 2022

UPL tops Sustainalytics’ sustainability ranking for third year

UPL's environmental, social, and governance (ESG) risk score of 21.4 reflects the lowest ESG Risk amongst a peer group of global crop protection companies.

Petrochemical
Petrochemical | 20 December 2022

Aramco, Sinopec and SABIC plan to set up greenfield petchem complex in Yanbu, Saudi Arabia

The complex with 1.5 MTPA capacity is expected to commence operations by 2025 end.

Technology
Technology | 20 December 2022

Petron Scientech and Mitsui plan to explore feasibility of bio PET plant

PSI and Mitsui plan to execute various preliminary studies on the feasibility of bio-based ethylene facilities

Energy
Energy | 20 December 2022

LG Chem and GS EPS constructs biomass power plant

Reduce 400,000 tons of carbon emissions annually using wood wastes as raw materials that would otherwise be incinerated or buried in landfills

Chemical
Chemical | 20 December 2022

Trinseo goes for asset restructuring, pays €32.6 million fine to settle European Commission matter

Closure of manufacturing operations at the styrene production facility in Boehlen and one polycarbonate production line in Stade in Germany

Policy
Policy | 20 December 2022

India lowers GST rate on ethanol meant for blending to 5%

GST rate lowered to 5% from 18% on ethyl alcohol (ethanol) supplied to refineries for blending with petrol

Technology
Technology | 19 December 2022

Metso Outotec partners Rio Tinto to develop low-carbon iron making project

Metso Outotec is also engaged in the design of the pilot plant, leveraging process and equipment design expertise available within the company.

Technology
Technology | 19 December 2022

Wood and CuanTec to accelerate circular economy solutions in the UK

The contract will see Wood provide the front-end engineering design (FEED) to deliver modifications for CuanTec’s newly acquired separation plant in Glenrothes, Scotland, followed by the expansion of that facility

Chemical
Chemical | 19 December 2022

UPL announces completion of investment of Rs 2,474 crore by KKR in Advanta Enterprises

Advanta Enterprises is UPL’s agritech arm which focuses on sustainable agriculture by providing farmers with locally adapted high-performing and quality hybrid seeds

Battery
Battery | 19 December 2022

Albemarle to build lithium technology center in Charlotte

The company anticipates that innovations from the new site will enhance lithium recovery, improve production methods, and introduce new forms of lithium to enable breakthrough levels of battery performance.

Digitization
Digitization | 19 December 2022

AspenTech and Saudi Aramco partner to bring new CCU software innovation

Partnership aims to enable industry to make rapid evaluation of sustainability options

General
General | 19 December 2022

Saint-Gobain launches glass recycling program at two facilities in California

The ambitious project, which launched earlier this year, comes as Saint-Gobain continues to roll out its new global Grow and Impact strategy, which includes reducing waste and increasing the circularity of raw materials in its production processes, allowing Saint-Gobain to achieve a net zero carbon footprint by 2050.

General
General | 19 December 2022

Briefs: NFCL, Larsen & Toubro, EIL and Oriental Aromatics

Engineers India Limited (EIL) has secured an assignment for providing Owner’s Engineer Services for 30,000 MTPA Polysilicon and 500 MTPA Monosilane Project from Mundra Solar Technology Limited

Gas
Gas | 19 December 2022

Denbury announces new CO2 sequestration site in Louisiana

Denbury estimates that there is potential to store up to 250 million metric tons of CO2 in the site, with first injection planned as early as 2026

Petrochemical
Petrochemical | 19 December 2022

India to contribute 10% to the incremental growth of global petrochemical demand: Hardeep S. Puri

Currently, petrochemical production accounts for nearly 14% and 8% of the global demand for oil and gas respectively

Battery
Battery | 19 December 2022

SK Innovation partners with SungEel HiTech to form battery-recycling joint venture

The two companies have decided to collaborate in a business of recovering lithium, nickel, cobalt, manganese, and other cathode materials from used batteries

General
General | 19 December 2022

Indo Rama Synthetics (India) incorporates two wholly owned subsidiaries

lndorama Sustainable Polymers (India) Private Limited has a proposed authorised capital of Rs. 10,00,000.

General
General | 19 December 2022

Henkel signs green power supply deal with IGNIS

The new solar energy power plants will be located in Castilla y León and Andalucía (Spain) and will avoid 72,000 tons of CO2-emissions each year, compared to the general electricity generation from fossil resources

Chemical
Chemical | 19 December 2022

Henkel completes capacity expansion for UV-curable acrylic PSA in Salisbury

This expansion of Henkel’s existing site brings a new 10,000 square foot, state-of-the-art production area for UV-curable acrylic pressure sensitive adhesives

General
General | 19 December 2022

Perstorp's Project Air to receive EUR 97 million in Innovation Fund support

The facility is expected to be fully operational by 2026, enabling significantly reduced climate emissions from the chemicals industry and its customers.

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