Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 605
Petrochemical
Petrochemical | 14 July 2022

Koch signs EPC deal with Fidelis New Energy for renewable fuels facility

The multi-billion-dollar Grön Facility involved substantial design and engineering work to support a definitive EPC agreement with price and schedule certainty as well as performance guarantees that allow for non-recourse project financing

Chemical
Chemical | 14 July 2022

Goa Carbon Q1FY23 net profit at Rs. 14.48 Cr

The company reported total income of Rs.125.17 crores during the period ended June 30, 2021.

Chemical
Chemical | 14 July 2022

KBC and CiT to launch software for the design and optimization of polymer plant processes

A solution to improve product quality, operational performance, and cash flow

Sustainability
Sustainability | 14 July 2022

Linde included in FTSE4Good Index for seventh consecutive year

The FTSE4Good Index Series is a tool for investors seeking to invest in companies that demonstrate strong environmental, social and governance (ESG) practices measured against international standards

General
General | 13 July 2022

W.R. Grace to expand capacity at small-molecule API plant

The expansion at CDMO facility in South Haven, will bring a new 4,000-gallon multi-use reactor train consisting of glass lined and stainless-steel materials of construction

General
General | 13 July 2022

Solvay to provide financial aid to employees affected by high inflation

Company will distribute €8 million to supplement the income of those employees most affected by high inflation

Chemical
Chemical | 13 July 2022

AkzoNobel to invest €20 million at two sites in France

€15 million will be spent on the company’s aerospace coatings facility in Pamiers and the other €5 million will be spent on improving production flexibility at the decorative paints site in Montataire

Chemical
Chemical | 13 July 2022

Clariant awarded catalyst contract for Wanhua’s new maleic anhydride plant in China

Using the SynDane catalyst in a new, more efficient production technology with larger tubes, Wanhua stands to benefit from annual energy savings of up to 24,000 MWh

People
People | 13 July 2022

Momentive appoints Bob Bush as new CFO

Bush has responsibility for all areas of Finance within Momentive, including Financial Planning & Analysis (FP&A), Treasury, Global Tax and Controllership, as well as Finance Shared Services and Information Technology

Sustainability
Sustainability | 13 July 2022

Posco Chemical announces roadmap to carbon neutrality for battery materials business

The move is aimed at securing a competitive edge in ESG by responding to calls from major car manufacturers and battery customers for the production of environment-friendly materials and to take on an active role in addressing climate change issues as a leading supplier of high performance battery materials

Battery
Battery | 13 July 2022

LG Chem issues $300 million in green bonds to fund expansion

The funds would go into the development and production of EV battery cathode materials and separation membranes

Chemical
Chemical | 13 July 2022

LG Chem's latest sustainability report focuses on shift towards use of renewable energy and recycling wastes

Company's aim is to develop and transition from a traditional chemical company to a science company based on sustainability

Chemical
Chemical | 13 July 2022

Gujarat CM inaugurates HPP manufacturing plant commissioned jointly by Navin Fluorine & Honeywell

Solstice zd is a hydrofluoroolefin (HFO) that has various applications, including blowing agents for foam insulation and refrigeration liquid for chillers

Supply Chain
Supply Chain | 13 July 2022

H.B. Fuller partners with Enimac to strengthen e-Commerce packaging

Growing market position in North America

Petrochemical
Petrochemical | 13 July 2022

Black & Veatch awarded FEED for Deeside waste-to-energy project

Scope of work includes FEED engineering and preparation of an EPC cost estimate for power generation equipment and systems

Chemical
Chemical | 12 July 2022

BASF beats sales, profit estimates in second quarter

Net income reached an expected €2,090 million, considerably above the figure for the prior-year quarter (Q2 2021: €1,654 million) and significantly above average analyst estimates for the second quarter of 2022

Sustainability
Sustainability | 12 July 2022

SÜDPACK joins Science Based Targets Initiative (SBTi) to achieve carbon neutrality

Scope 1 and Scope 2 will be taken into account as defined in the Greenhouse Gas Protocol standards, as will Scope 3 emissions, which have the greatest effect on SÜDPACK’s total emissions

Chemical
Chemical | 12 July 2022

Bechtel awarded pre-feasibility study for magnesium production plant in Australia

Based in Victoria’s Latrobe Valley, Latrobe Magnesium is developing a 100,000 tonnes per annum magnesium plant using ferro nickel slag as its feedstock

Chemical
Chemical | 12 July 2022

Nexus plans to build new recycling facility to supply Braskem

The new facility will have an initial capacity to convert over 30,000 metric tons annually of used plastic into new materials

General
General | 12 July 2022

Biosyntia closes 11.5 million EUR round to launch world’s first bio-based vitamin B7

The round was closed with an investment from the European Circular Bioeconomy Fund (ECBF) and the two existing investors, Sofinnova Partners and Novo Seeds

Startups

Chemical

Petrochemical

Energy

Digitization