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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

Chemical
Chemical | 15 August 2022

Pidilite Industries sales up 60%; Profit up 64%

EBITDA before non-operating income at Rs. 529 crore grew by 52% over the same quarter last year whereas Profit After Tax (PAT) at Rs. 358 crore grew by 64% over the same quarter last year

Chemical
Chemical | 15 August 2022

Indigo Paints to commission water-based paint plant in Q3 FY 22-23

The company's expansion of distribution network and printing machine population continues as before except that it is now targeted more towards tier 1 and tier 2 towns

Chemical
Chemical | 14 August 2022

NGL Fine-Chem planning greenfield expansion at Tarapur

The estimated Capex is to the tune of Rs. 140 crore to be funded through debt and internal accrual

Hydrogen
Hydrogen | 14 August 2022

Dr. Stefan Kaufmann to strengthen thyssenkrupp’s push to create a hydrogen economy

Kaufmann served as Innovation Commissioner for Green Hydrogen at the German Ministry of Education and Research from June 2020 to July 2022.

Petrochemical
Petrochemical | 14 August 2022

Braskem reports EBITDA of R$3.9 billion in Q2

Net revenue for the quarter was R$25.4 billion

Chemical
Chemical | 14 August 2022

Mangalam Organics posts Q1FY23 consolidated loss at Rs. 6.89 Cr

The company has reported total income of Rs. 104.66 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

The Sukhjit Starch and Chemicals Q1FY23 consolidated PAT at Rs. 19.16 Cr

The company has reported total income of Rs. 362.28 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

Eurotecnica wins contract for new melamine plant in China

Xinji Energy Chemical Co.Ltd. has selected Eurotecnica’s ultimate 5th generation (G5) proprietary Euromel technology for the design and implementation of this landmark project, which lifts the total licensed nameplate capacity to more than 1 million ton/year and 26 plants worldwide

General
General | 14 August 2022

Wood awarded EPCM contract for new e-waste recycling facility in Georgia

As balance of plant engineer and construction manager, Wood will play a key role in supporting the construction of this innovative facility which will provide a processing capacity of 200,000 metric tonnes of electronic waste each year

Chemical
Chemical | 14 August 2022

Sunshield Chemicals Q1 FY2023 PAT up at Rs. 3.82 Cr

The company has reported total income of Rs. 62.87 crores during the period ended June 30, 2022.

Chemical
Chemical | 14 August 2022

Solenis to acquire Clearon Corp

Acquisition will enable Solenis to expand its portfolio of products for the residential and commercial pool water and spa treatment markets

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