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General
General | 03 December 2022

SK Capital Partners and Edgewater Capital Partners close acquisition of Crystals Business from Saint-Gobain

The business has been renamed Luxium Solutions (Luxium), reflecting its position as an innovator and key partner for the healthcare, security, energy, and scientific research sectors.

Digitization
Digitization | 03 December 2022

Braskem invests US$7 million in digital transformation in 2022

The company is developing more than 70 digital products for industry 4.0 and the supply chain, commercial, research, and development areas, among others.

Hydrogen
Hydrogen | 03 December 2022

Johnson Matthey and Doosan Enerbility to develop hydrogen-fuelled power plants

JM will provide innovative ammonia cracking technology and catalyst, which converts clean ammonia into nitrogen and hydrogen.

Gas
Gas | 03 December 2022

INEOS signs sales and purchase agreement for 1.4mtpa LNG from Sempra Infrastructure

The agreement includes a 20-year commitment for 1.4mtpa from the Phase 1 project alongside a non-binding agreement for an additional 0.2mtpa from Phase 2.

Chemical
Chemical | 03 December 2022

INEOS Enterprises completes the acquisition of ASHTA Chemicals

The deal consists of 100kte Potassium Hydroxide (KOH)/65kte Chlorine unit in Ashtabula Ohio, close to the INEOS Pigments facility.

Chemical
Chemical | 02 December 2022

BASF launches first COSMOS compliant Euperlan NL Pearl

Approved by COSMOS for natural cosmetics, readily biodegradable and suitable for EO-free and sulfate surfactant-free solutions

Sustainability
Sustainability | 02 December 2022

Essar Oil UK to build £360 mn carbon capture facility

The company is investing over £1 bn into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030

General
General | 02 December 2022

AVEVA named in top 100 best companies for women in India

The company's EmpowHer initiative has been a marked success in India, where around 50% of women leave their jobs to take care of the family and 27% rejoin the workforce after becoming mothers

Petrochemical
Petrochemical | 02 December 2022

Essar to invest Rs. 40,000 crore to develop crude to petrochemical complex in Odisha

Essar in partnership with an international player proposes to develop 7.5 MMTPA CTC

Sustainability
Sustainability | 02 December 2022

L&T closes US $107 mn Sustainability Linked Loan with Sumitomo Mitsui

The loan fulfilled the core requirements under the Sustainability Linked Loan Principles and DNV Business Assurance Singapore Pte. Ltd. has provided Second PartyOpinion on L&T’s SLL

General
General | 02 December 2022

Cosmo First planning buyback of 10.09 lakh shares

The buyback will be upto 10.09 lakh shares with buyback size of Rs. 108 crore (excluding taxes and transaction costs) and shall be funded with surplus cash

General
General | 02 December 2022

PCBL sets up green power plant at Kochi

With this the capacity of green power at Kochi is 17 MW and the total capacity of green power stands at 98 MW

General
General | 02 December 2022

Vipul Organics receives ISO 14001:2015 certification

The company already follows a Zero Liquid Discharge (ZLD) policy at its manufacturing facilities. The plants at Palghar, Ambernath, and Tarapur also recycle and reuse over 98% of water.

Petrochemical
Petrochemical | 02 December 2022

Manali Petrochemicals acquires Penn Globe for GBP 21 million

The transaction was based on an Enterprise Value of GBP 21 million.

Chemical
Chemical | 02 December 2022

Clariant's NiSat 310 catalyst adds polishing touch to Evonik-tkIS HPPO process at PO plant in China

Qixiang Tengda’s new 300 KTA propylene oxide plant in Shandong province uses the HPPO production process developed by Evonik and tkIS

Technology
Technology | 02 December 2022

Teijin, JGC and ITOCHU to Establish RePEaT Co. to license polyester chemical recycling technology

The new joint venture will use a chemical-recycling technology called dimethyl terephthalate

Petrochemical
Petrochemical | 02 December 2022

Aramco completes three transactions with PKN ORLEN in Poland

Aramco to supply almost 45% of PKN ORLEN’s crude oil requirement under agreement

Sustainability
Sustainability | 02 December 2022

Neste and Airbus join forces to advance the use of 100% SAF

This collaboration is laying the foundation for Airbus and Neste to explore business opportunities together and jointly promote the production and use of sustainable aviation fuel.

Sustainability
Sustainability | 02 December 2022

DSM starts construction of production facility for its methane-reducing feed additive for ruminants 'Bovaer'

Bovaer is a feed additive that can achieve an average enteric methane reduction of 30% in dairy cows, and 45% in beef cattle

General
General | 02 December 2022

Covestro and TMT launch their 1000th polyurethane wind rotor blade

Supporting the development of longer wind blades

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