Integrated with the existing SATORP refinery in Jubail, the new complex aims to house one of the largest mixed-load steam crackers in the Gulf, with a capacity to produce 1,650 kilotons per annum of ethylene and other industrial gases.
UPL has raised US$ 500 million by divesting minority stakes in Advanta Enterprises Ltd (13.3%) and UPL SAS (9.1%) to marquee global investment firms at a ‘significant valuation premium’ to the listed parent company UPL Ltd.
As the purpose of this project, the above three companies will combine their knowledge and develop an ammonia cracking technology that is competitive compared to existing technologies
The facility will have the capacity to produce 1-million-tons of propylene per year
Through this MOU, Nippon Shokubai as well as its affiliates, NSI, and Chandra Asri will explore the potential to produce ‘bio’ materials such as bio-naphtha, bio-olefins, and various products that use renewable energy, to produce sustainable derivative products such as acrylic acid, acrylic ester, and superabsorbent polymer
This initiative will foster a dialogue between industrial leaders in hydrogen and the world’s leading investors to accelerate the development of the clean hydrogen economy and contribute to greenhouse gas emissions reduction and climate change mitigation in line with the Paris Agreement
The activities of the companies bayernets, BAYERNOIL Raffineriegesellschaft, Gas Connect Austria, Wacker Chemie, Westlake Vinnolit & Co. KG and Verbund are of great significance for the whole diversified European hydrogen market.
boosted sales of engineered materials based on recycled feedstock to 11.3%
James Griffiths joins as Senior Vice President of Corporate Development and Treasury; Kara deBorde joins as Vice President of Risk Management
Gujarat Alkalies and Chemicals has achieved commercial production of Hydrazine Hydrate at Dahej complex.
L&T expanded its hi-tech manufacturing capability, inaugurating a new state-of-the-art, advanced Heavy Wall Pressure Vessel facility in Saudi Arabia
The two acquisitions will contribute approximately $17 million to revenue and $2 million to adjusted EBITDA in fiscal 2023
Strategic collaboration agreement signed for the development of innovative materials and aerospace technologies that will enhance the safety, efficiency and sustainability of future aircraft
The agreement combines the technology, product portfolio and backward integration of the Celanese Food Ingredients business with Mitsui’s long-standing positions across the food value chain in Asia and other regions
The calculation considers emissions of raw materials used, energy consumed, direct emissions generated, and waste streams generated during the manufacture of a product
By leveraging the tamper-proof nature of blockchain, it aims to ensure that customers can rest assured when using recycled plastic materials and expand the materials’ range of use
Center located at BASF’s site in Wyandotte, Michigan will support customers seeking a broad range of biodegradable circular economy solutions
This accolade follows GIL Chemicals' recent certification as a Great Place to Work and its inclusion among India's Top 50 Best Workplaces in Manufacturing 2023
New Essential ski line by Rossignol benefits from Reodrin’s low carbon footprint through Araldite mass balance certified epoxy resin
The funds raised in the QIP will be utilized mainly towards the expansion of Site – 3 and Site – 5
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