Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 537
Chemical
Chemical | 15 March 2023

LyondellBasell launches new growth strategy, plans exit EO business

LyondellBasell expects CLCS to grow to at least $1 billion in incremental EBITDA by 2030

Hydrogen
Hydrogen | 15 March 2023

thyssenkrupp nucera and Unigel inks MoU to increase production capacity of green hydrogen plant

Second phase of Unigel’s project foresees expansion from 60 MW to 240 MW

Chemical
Chemical | 15 March 2023

Polyplastics targets newly developed PP resin for automotive applications

Plastron offers lower density and reduced greenhouse gas emissions than short glass-reinforced resins

General
General | 15 March 2023

Fitch revises Tata Chemicals' outlook to 'positive'; affirms ratings at "BB+"

Expects average capex intensity of 10% over FY24-FY26, close to the 11% in FY19-FY23, driven by its target of increasing soda ash and sodium bicarbonate capacity by 30% and 40%, respectively.

Regulatory
Regulatory | 15 March 2023

Asian Member States build advanced chemical safety and security skills

Implementing a chemical safety and security strategy minimises the risk of chemical accidents

Digitization
Digitization | 15 March 2023

AVEVA launches subscription business model for its software

By 2025, AVEVA aims to transition 80% of customer licenses to a subscription business model

Sustainability
Sustainability | 15 March 2023

Covestro India kicks off plastic waste collection drive

India generates close to 26,000 tons of plastic waste per day of which more than 40% of the waste remains uncollected

General
General | 15 March 2023

Toyo Ink signs SPA to acquire Thai Eurocoat

Aims to become the top metal coatings producer in the ASEAN canned food market

Digitization
Digitization | 15 March 2023

TCS launches 5G-enabled Cognitive Plant Operations Adviser to transform plant operations

TCS Cognitive Plant Operations Adviser is a composite AI solution for manufacturing and process plant operations that uses Microsoft Project Bonsai low-code, AI platform

Energy
Energy | 15 March 2023

Energy transition among the top 3 priorities for 73% of companies: Infosys-HFS Research

56% of organizations see themselves as road mapping or reinventing their business model for energy transition,

General
General | 15 March 2023

Delhi High Court extends restricting use of Glyphosate for another 4 months

The Additional Solicitor General had submitted that the said notification will not be implemented for a period of three months

General
General | 15 March 2023

Alleima to inaugurate hydraulic and instrumentation tubing factory in Mehsana today

The factory will be fully completed and operational in 2023

Chemical
Chemical | 15 March 2023

MBAPL to set up 1,000 TPD DAP/NPK fertilizer and phosphoric acid plant

The plant location will be either at Gujarat or Maharashtra

Petrochemical
Petrochemical | 15 March 2023

Mitsubishi Chemical starts study on commercialization of polycarbonate resin chemical recycling

A bench facility for a verification study is currently under construction at the Fukuoka Plant, with completion scheduled for August 2023

Chemical
Chemical | 15 March 2023

Idemitsu Kosan establishes advanced materials subsidiary in South Korea

New company will help accelerate research and development of advanced materials such as lithium battery materials, crystalline oxide semiconductors, organic EL materials, and new agrochemicals

Petrochemical
Petrochemical | 15 March 2023

LyondellBasell commissions world's largest PO/TBA unit in Texas

These new assets on the U.S. Gulf Coast have an annual capacity of 470 thousand metric tons of PO and one million metric tons of TBA and its derivatives

Gas
Gas | 15 March 2023

Johnson Matthey selected for Equinor's low carbon hydrogen project in UK

The amount of CO2 captured will be around 890,000 tonnes per year equivalent to taking about 500,000 cars off the road annually.

General
General | 15 March 2023

Wacker forecasts decline in sales, earnings in 2023

Company posted sales of €8.21 billion in 2022 (2021: €6.21 billion), up 32 percent year over year

Digitization
Digitization | 14 March 2023

BASF invests in digital agronomy platform WayBeyond

WayBeyond is a digital agronomy solution combining crop sciences, data and AI to increase crop yield and quality

Chemical
Chemical | 14 March 2023

Albaugh acquires Corteva’s glyphosate business

Albaugh previously acquired Corteva’s glyphosate business in Europe.

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