Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 573
Policy
Policy | 04 December 2022

Govt. issues guidelines for PLI incentive scheme to support indigenous drone industry

For the implementation of this scheme during 2022-23 to 2024-25, a corpus of Rs 120 crores has been allocated

Chemical
Chemical | 04 December 2022

Briolf Group acquires aerosol manufacturer Areco Italia

ARECO specializes in the development and manufacture of aerosol paints for multiple sectors such as decoration, DIY and industry, with more than 50 years of experience

Battery
Battery | 04 December 2022

Umicore and PowerCo explore long-term strategic supply agreement for EV battery materials in North America

This future facility would combine the production of precursor and cathode materials and thereby complete the missing link in Canada’s battery value chain from natural resources to electric mobility

Battery
Battery | 03 December 2022

Amara Raja to invest Rs. 9,500 crore to set up lithium-ion battery gigafactory

The facility will be equipped with advanced laboratories and testing infrastructure for material research, prototyping, product life cycle analysis, and proof of concept demonstration

Technology
Technology | 03 December 2022

Ion Exchange awarded Rs. 343.36 crore order from IOCL

As per the order, the project is to be commissioned within 16 months from the date of Letter of Acceptance

Chemical
Chemical | 03 December 2022

Chemfab Alkalis enhances caustic soda capacity

Consent capacities of all co-products have also been enhanced

Electric Vehicles
Electric Vehicles | 03 December 2022

Honeywell and Nexceris further collaborate to Improve safety for electric vehicles

Honeywell is expanding its strategic alliance with Nexceris, developer of Li-ion Tamer lithium-ion gas detection solutions, to help make electric vehicles (EVs) safer.

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.

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