Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 588
Chemical
Chemical | 06 August 2022

Chemplast Sanmar Q1 FY23 revenue up 47%; Profit up 41%

In the long term, once proposed expansions come on-stream, specialty vehicles would contribute a larger share of both revenues and profitability

Chemical
Chemical | 06 August 2022

Indigo Paints Q1 FY23 operating income grows 43.56%

Due to several rounds of price increases, the value growth in each category of decorative paints is higher than volume growth

Digitization
Digitization | 06 August 2022

NextGen Summit 2022: Change of mindset critical to breaking digital barriers

Digital transformation within chemical industry not possible without right culture

General
General | 05 August 2022

Thermo Fisher to expand dry powder media manufacturing facility in New York

With this expansion, the Grand Island site provides redundant capacity to support global supply of media and further extends the site’s capabilities to produce the high-quality technology and materials needed for the development and commercial manufacturing of vaccines and biologic therapies

Chemical
Chemical | 05 August 2022

BASF announces capacity expansion in the U.S. for specialty pyrrolidone

The production is anticipated to be on-stream in the second half of 2022 and will ensure a global supply of HEP and NOP

Petrochemical
Petrochemical | 05 August 2022

India consumed 204.23 MMT of petroleum products & 63.91 BCM of natural gas during FY 2021-22

Conventional hydrocarbon resources discovered so far in the country estimated to be approximately 12 Billion Tonnes of oil and oil equivalent of gas

Supply Chain
Supply Chain | 05 August 2022

AD Ports Group signs MoU with Adani Ports and SEZ

The two companies signed the key agreement setting in motion a series of potential country-level investments to grow, improve, and promote an end-to-end maritime and logistics ecosystem which will make Tanzania a hub for the African region

Energy
Energy | 05 August 2022

DCM Shriram and ReNew Power to set up 50 MW hybrid wind/solar projects

The combined transaction is one of the largest corporate renewable power supply deals in India under an OpEx with a captive model

Digitization
Digitization | 05 August 2022

AVEVA launches Operations Control Software to strengthen workforce efficiency

The new release further supports the delivery of AVEVA Operations Control, a flexible, subscription-based solution of integrated capabilities that promotes greater efficiency and workforce collaboration

People
People | 05 August 2022

Vikas Sarda appointed CFO of Berger Paints India

He joined Berger in 2020 and is working as Senior General Manager, Finance and Accounts

Gas
Gas | 05 August 2022

Gazprom's LNG supplies to GAIL disrupted

If such shortfall/non-delivery persists, it may have a material impact on the company and efforts are already underway to resolve the issue

Gas
Gas | 05 August 2022

GAIL's Q1 FY23 revenue rose 116% to reach Rs. 37,572 Cr

The company's Profit before Tax (PBT) increased 90% to Rs. 3,894 crore in Q1 FY23 as against Rs. 2,054 crore in Q1 FY22 while Profit after Tax (PAT) rose 91% to Rs. 2,915 crore in Ql FY23 as against Rs. 1,530 crore in the corresponding quarter of last fiscal

General
General | 05 August 2022

Praj Q1 FY23 revenue at Rs.729.87 Cr; PAT at Rs. 41.26 Cr

The company has joined Mission Possible Partnership (MPP), International Alliance to Pursuit Net Zero Aviation.

Chemical
Chemical | 05 August 2022

Corteva raises full year sales and earnings guidance

First half 2022 net sales rose 11% versus prior year with gains in both segments

Chemical
Chemical | 05 August 2022

ACC publishes 2022 Guide to the Business of Chemistry

Prepared annually by ACC’s Economics and Statistics Department, the Guide to the Business of Chemistry divides the U.S. chemical industry into more than 30 categories of production, ranging from inorganic chemicals to plastic resins, adhesives and sealants to oilfield chemicals, and fertilizers to consumer products.

Chemical
Chemical | 05 August 2022

Tosoh to increase production capacity of separation and purification media

Company will invest approximately ¥16 billion to increase production capacity by approximately 70% to ensure a stable supply

Energy
Energy | 04 August 2022

McDermott and KBR enter global licensing agreement for ammonia

The agreement represents a compelling solution to meet the growing ammonia market which combines KBR's leading technology with McDermott's global execution capabilities and fabrication and modularization expertise

Chemical
Chemical | 04 August 2022

Dhanuka Agritech's net profit rises marginally in Q1

Company's total income grew 10 per cent to Rs 409.58 Crores in the first quarter of this fiscal from Rs 371.54 crore in the corresponding period of FY'22

Energy
Energy | 04 August 2022

BASF signs renewable power deal for 20 sites in US

The combined agreements for the output of 250 MW of renewable generation capacity will result in the purchase of more than 660,000 megawatt hours (MWh) of electricity per year

People
People | 04 August 2022

Axalta announces leadership transition, names Rakesh Sachdev as interim CEO

Company's existing CEO Robert Bryant will step down as President and Chief Executive Officer to pursue other opportunities, effective August 31, 2022

Startups

Chemical

Petrochemical

Energy

Digitization