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Chemical
Chemical | 08 December 2022

Opportunities for Indian chemical industry: HDFC Securities

Several Indian companies hold leading positions globally in fine and speciality chemicals with 30–80% of the global capacity

Chemical
Chemical | 08 December 2022

Indian chemical companies investing in capabilities and capacities: HDFC Securities

Aggregate Capex incurred by 30 leading Indian chemical companies considered by us has grown at a 16% CAGR over FY15-22

R&D
R&D | 08 December 2022

Indian chemical industry unlocking the value of knowledge; R&D: HDFC Securities

Navin Fluorine spent ~2.4% of its revenue on R&D activities in FY22. Aether Industries spent ~6.7% of its revenue on R&D in FY22.

Supply Chain
Supply Chain | 08 December 2022

100 Gati Shakti Cargo Terminal to be developed till 2025

22 GCTs have already been commissioned whereas 125 applications for development of cargo terminals under the GCT Policy have been received and 79 in-principle approvals have been granted

General
General | 08 December 2022

Inox Wind repays Gujarat Fluorochemicals Rs. 623 Cr against advances

This money will be used to substantially reduce the debt at GFL as has been the stated vision of the Inox GFL Group to reduce the debt of all its operating entities

Energy
Energy | 08 December 2022

India takes step towards achieving 500 GW of non-fossil fuel based electricity by 2030

The government is providing a broad plan of required transmission systems for having 537 GW of renewable energy capacity by the year 2030

People
People | 08 December 2022

BPCL ex-CMD Arun Kumar Singh appointed as ONGC CMD

The Appointments Committee of Cabinet (ACC) has approved the proposal of Ministry of Petroleum and Natural Gas for appointment of Arun Kumar Singh, ex-CMD, BPCL as Chairman, ONGC for a three-year tenure

Chemical
Chemical | 07 December 2022

ExxonMobil doubles polypropylene production at Baton Rouge

Startup of new polypropylene unit increases capacity to meet growing demand for high-performance products

Chemical
Chemical | 07 December 2022

Evonik’s TEGO powder Aid D01 improves powder coating formulations

TEGO Powder Aid D01 reduces the melt viscosity of powder coating formulations

People
People | 07 December 2022

Dr. Shyam Agrawal appointed Additional and Independent Director of IGL

Agrawal is a practising company secretary having an experience of more than 15 years

General
General | 07 December 2022

UFlex showcases circularity in multi-layered plastics

The company has recycled more than half a million tons of multi-layer mixed plastic waste (MLP) so far and has spent more than US $20 million in the last financial year at its Poland and Mexico sites

Supply Chain
Supply Chain | 07 December 2022

Asahi Kasei to invest in Circularise

Circularise is a startup company founded in 2016 aiming to accelerate the shift towards a circular economy through supply chain traceability and transparency

General
General | 07 December 2022

Kansai Nerolac Paints Bangladesh subsidiary issues 1.65 crore equity shares

The equity contribution of the company in the further issue of shares by the Bangladesh subsidiary is BDT 16.50 crores

Technology
Technology | 07 December 2022

Red Sea National Petrochemical Company Selects KTS PTA P8 ++

This will be the first PTA plant licensed by KTS in Egypt.

Hydrogen
Hydrogen | 07 December 2022

Ineos Inovyn to deploy hydrogen trucks in France

Green Hydrogen truck means Zero CO2 emissions for INEOS Inovyn PVC deliveries between Tavaux and Dijon

Technology
Technology | 07 December 2022

Axens achieves performance of its first ethanol-to-ethylene Atol plant with Sumitomo Chemical

The project will attain the production of waste-based polyolefin at industrial scale.

Chemical
Chemical | 07 December 2022

Dow launches V PLUS Perform next to address the construction insulation industry's sustainability transition

New offering combines all the features of legacy V PLUS Perform with low carbon, circular ingredients designed to customer specifications

Chemical
Chemical | 07 December 2022

Adama acquires New Zealand based agrochemical company

This acquisition will enable ADAMA to grow its product portfolio in the New Zealand market and pave its expansion into the complementary segments of biologicals, plant nutrition and Plant Growth Regulators

Petrochemical
Petrochemical | 07 December 2022

PRC Europe 2023 to focus on exploring hydrogen roadmap in downstream sector

The first session of PRC Europe 2023 is dedicated to clean hydrogen impact on the downstream sector

General
General | 06 December 2022

Coromandel continues to invest in AgTech companies

The company also recently invested Rs. 20 crore into a differentiated drone startup,

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