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Chemical
Chemical | 17 August 2022

Henkel H1 2022 Group sales higher at 10.9 billion euros; Raises sales guidance for 2022

Group sales in the first half of 2022 grew organically by +8.9 percent to around 10.9 billion euros (nominal +9.9 percent), driven by all business units and regions

Regulatory
Regulatory | 17 August 2022

NextGen Summit 2022: Govt must accommodate industry’s concerns in draft India REACH

Stakeholders hopeful about rolling out of 6th draft of India’s chemical regulations by end of 2022

Opinion
Opinion | 17 August 2022

Immersive learning provides training catalyst the chemicals workforce needs

Upskilling a new generation of workers within the constraints of the new normal depends on cutting-edge solutions such as immersive training. Its benefits include plant-specific learning, reduced risks and costs, and faster training times

Petrochemical
Petrochemical | 17 August 2022

Payal Group announces setting up of India’s first primary plasticizers plant in South India

This plant will focus on the production of Phthalate-free plasticizers & other REACH-compliant speciality plasticizers which are the key inputs for the Wire & Cable, Footwear, and Coir Mat industry among various other applications

Chemical
Chemical | 17 August 2022

Shiva Engineering Services bags EPCM contract for new ink and adhesives facility in India & Egypt

As balance of plant engineer and construction manager, SES will play a key role in supporting the construction of this innovative facility which will provide a processing capacity of higher metric tonnes of Adhesives and Inks

Chemical
Chemical | 17 August 2022

Merck KGaA to acquire chemical business of Koreas-based Mecaro

The acquisition of Mecaro’s chemical business is another milestone to accelerate innovation in Merck’s Semiconductor Solutions business unit, one of the company’s three growth engines (Big 3), through targeted smaller to medium-sized acquisitions with high impact

General
General | 17 August 2022

FAFAI to organize 25th International Convention and Expo in Feb'23 at Kolkata

The Convention will not only include presentations from leading experts and thought leaders from the industry but also have an expo of more than 1,00,000 sq. ft

Chemical
Chemical | 17 August 2022

Nouryon signs distribution pact with Brenntag for tagged polymers in the US and Canada

As the sole distributor of Nouryon’s proprietary LumaTreat tagged polymers in the US and Canada, Brenntag offers a portfolio designed to reduce risk and downtime for industrial water treatment system operators

Petrochemical
Petrochemical | 16 August 2022

Time Technoplast posts Q1FY23 consolidated PAT at Rs. 44.39 Cr

The company has reported total income of Rs. 945.03 crores during the period ended June 30, 2022.

General
General | 16 August 2022

Westlake announces $500 million expansion of existing share repurchase program

This expansion to the program is effective immediately. Repurchases under this program will be made through the open market or in privately negotiated transactions.

General
General | 16 August 2022

Zuari Industries posts Q1FY23 consolidated PAT at Rs. 253.03 Cr

The company has reported total income of Rs. 267.80 crores during the period ended June 30, 2022.

Chemical
Chemical | 16 August 2022

Avient to sell distribution business to H.I.G. Capital for $950 million

Avient selected H.I.G. Capital based on the strength of their proposal, which values the business at approximately 10x LTM EBITDA and includes no financing contingencies

Chemical
Chemical | 16 August 2022

New business segments and R&D investments to be key growth drivers for Insecticides India: ICICI Securities

Insecticides India has incorporated IIL Biologicals, wholly owned subsidiary.

General
General | 16 August 2022

Angus expands personal care product portfolio with Natural Botanical Extracts

Aqueous botanical extracts are produced by ANGUS in the U.S. and made from sustainably sourced plant materials backed by a fully documented and traceable quality system

Hydrogen
Hydrogen | 16 August 2022

McDermott awarded Pre-FEED study for hydrogen project in Western Australia

Under the contract scope McDermott will provide pre-FEED services for a proposed export-scale production facility for renewable and lower-carbon hydrogen and ammonia

Supply Chain
Supply Chain | 16 August 2022

Adani Logistics acquires ICD Tumb, Vapi from Navkar Corporation

The deal comprises acquisition of the operational ICD with capacity to handle 0.5 million TEUs.

Energy
Energy | 16 August 2022

Praj empowers IOCL's 2G ethanol bio-refinery, Panipat

Praj is also setting up similar projects for Hindustan Petroleum Corporation Limited (HPCL), Bhatinda, Punjab and Bharat Petroleum Corporation Limited (BPCL), Bargarh, Orissa.

Chemical
Chemical | 16 August 2022

Evonik increases production capacities for ACEMATT matting agents

Construction under way in Taiwan following groundbreaking ceremony

Chemical
Chemical | 15 August 2022

Grasim Industries plans Rs. 6,720 crore Capex

The civil construction of paints plant has commenced at four of its sites - Panipat, Ludhiana, Cheyyar, and Chamarajanagar and work at other sites will start soon after all the statutory approvals are received

Gas
Gas | 15 August 2022

Petronet LNG planning Capex of Rs. 1,200 Cr

The expansion of Dahej regasification terminal from 17.5 to 22.5 MMTPA is also in process and the Capex will be around Rs. 570 crore

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