Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 539
Petrochemical
Petrochemical | 10 February 2023

LyondellBasell and KIRKBI invest in APK to develop recycling technology

Under the agreement, LyondellBasell and KIRKBI will become minority shareholders in APK and together with other co-investors will invest approximately 130 million Euros in APK

General
General | 10 February 2023

AkzoNobel India posts Q3 FY23 net profit at Rs. 97.4 crores

The company has reported total income of Rs.999.2 crores during the period ended December 31, 2022 as compared to Rs.919.1 crores during the period ended December 31, 2021

General
General | 10 February 2023

Alkyl Amines Chemicals Q3 FY2023 net profit falls on higher income

The company has posted net profit of Rs.45.70 crores for the period ended December 31, 2022 as against net profit of Rs.45.88 crores for the period ended December 31, 2021.

General
General | 10 February 2023

Vishnu Chemicals Q3 FY23 net profit up by 29% at Rs. 32 crores

Company’s consolidated revenues stood at ₹331 crore for the December quarter, up 11 per cent from ₹299 crore in the corresponding quarter last year

Chemical
Chemical | 09 February 2023

Navin Fluorine commercializes two plants

Navin Fluorine Advanced Sciences Limited, a wholly owned subsidiary of the company, has entered into a multi-year contract with a large multinational company for manufacture and supply of a key agro-chemical fluoro intermediate

Hydrogen
Hydrogen | 09 February 2023

Mitsubishi Corp., RWE, Lotte Chemical to develop clean ammonia supply chains

Within this alliance RWE, LOTTE, and MC have now signed a Joint Study Agreement (JSA) to develop a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, USA.

People
People | 09 February 2023

Bayer names Bill Anderson as the next CEO

Bill will assume the new role from June 1, 2023

Petrochemical
Petrochemical | 09 February 2023

Jio-bp introduces E20 blended petrol

Customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-bp outlets, and the offering will soon be expanded across the network

Hydrogen
Hydrogen | 09 February 2023

European Investment Bank to fund India's large scale green hydrogen projects

It is exploring how the EU Bank might play a role in supporting India’s National Hydrogen mission, in order to enable the use of green hydrogen to decarbonise energy, industry and transport

Chemical
Chemical | 09 February 2023

GST rates on agrochemicals be maintained at 18% to avoid inverted duty structure, says CCFI

The aim is to provide a balancing and seamless flow of credit and its utilization

General
General | 09 February 2023

New Delhi to host 15th IUPAC International Congress of Crop Protection Chemistry

The congress will provide a forum for scientists to discuss latest trends and discoveries in agrochemicals and phytomedicines

General
General | 09 February 2023

IEW 2023 provided a common platform to facilitate growth, collaboration & transition: Hardeep S. Puri

Acknowledging the unprecedented possibilities emerging in the energy sector, the Minister announced that the next edition of India energy week will be held in Goa

General
General | 09 February 2023

Godrej Q3 FY23 revenue up 12%

On the margin front, it was a challenging quarter for some of the businesses on account of adverse sector- specific macro conditions, unfavorable commodity price movements and limited transmission of input cost inflation

General
General | 09 February 2023

MPL Q3 FY23 revenue down 47.5%

Net profit for Q3 FY23 was Rs 64 lakh vis-a-vis Rs. 1.09 crore in Q3 FY22. For the nine months period revenue and profits were Rs. 785.24 crore and Rs 49.49 crore, respectively

Petrochemical
Petrochemical | 09 February 2023

CPChem, Nexus Circular sign deal for feedstock supply from new plastics recycling facility

Both companies are continuing discussions for future new expansion commitments

Technology
Technology | 09 February 2023

PetroChina selects LyondellBasell polyethylene technology

The newly licensed technology will comprise of LyondellBasell’s leading high-pressure Lupotech process technology which will be used for both a 100 kiloton per year (KTA) Autoclave and a 300 KTA Tubular line

Chemical
Chemical | 08 February 2023

GACL board approves 'Vision 10K+ 2028'

The 'Vision 10K+ 2028' intends to create a road map for overall holistic growth of the company across various functions

People
People | 08 February 2023

Navin Fluorine appoints Anish Ganatra as CFO

Anish is a senior finance leader and a qualified Chartered Accountant having 27+ years of rich experience with demonstrated bias for creating value across strategy, risk management, planning, performance management, commercial, audit, internal control, transformation, and finance

Gas
Gas | 08 February 2023

Confidence Petroleum inaugurates 14th CNG Station in Bangalore

The company has signed an agreement with GAIL GAS Limited for establishment of 100 CNG Stations in Bangalore

Digitization
Digitization | 08 February 2023

AVEVA launches new version of manufacturing execution system software

The new release embraces worker shift management and includes security enhancements to support multi-site MES data center deployments across different time zones, languages and cultures.

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