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General
General | 20 June 2022

Unilever, Genomatica form venture to develop palm oil based alternatives

With $120m jointly invested in the newly-formed initiative, and with other strategic investors expected to join, the venture will develop an alternative, plant-based ingredient using biotechnology

Petrochemical
Petrochemical | 20 June 2022

Topsoe renewable fuel technologies to help reduce GHG emissions by 12 million tonnes in 2022

2022 GHG reduction target reflects the company’s ambition to take the lead on decarbonization and its commitment to UN Sustainable Development Goal no 13 on Climate Action

Battery
Battery | 20 June 2022

Toray, LG Chem form $375-million battery materials JV in Hungary

The two companies plan to secure an annual production capacity of more than 800 million square meters until 2028

Chemical
Chemical | 20 June 2022

UPL increases stake in KEIL

KEIL offers environmental solutions to chemical industries in which UPL operates and supports sustainability of operations

General
General | 20 June 2022

CPCB to implement single use plastic ban by 30th June, 2022

To create an enabling support system, CPCB is handholding the state boards to operationalise the advisories issued by conducting meetings so that all the Urban local bodies in the respective states are able to effectively implement the guidelines with their help

Chemical
Chemical | 20 June 2022

Innovation key for the growth of the paints & coatings industry : Experts

To survive and make profits, MSMEs have to develop niche products, find substitution of raw materials, and adopt innovation and automation

General
General | 20 June 2022

Briefs: IOCL and Engineers India

Indian Oil Corporation Limited has issued 25,000, 7.79% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series -XXIII} of Rs. 10,00,000 each aggregating to Rs. 2,500 crore on Private Placement basis on 17th June 2022

Petrochemical
Petrochemical | 20 June 2022

SK Innovation partners with Loop Industries and Suez to build recycled PET facility in France

The expanded partnership will combine SKGC’s petrochemical manufacturing experience with SUEZ’s resource management expertise and Loop’s breakthrough proprietary technology to supply 70,000 M/T of virgin quality, 100% recycled, polyethylene terephthalate (“PET”) plastic and polyester fiber to the European market

Battery
Battery | 20 June 2022

Sasol, Lotte Chemical explore plans to build battery materials plant

The companies will assess the suitability of Sasol’s locations near Lake Charles in the United States and Marl in Germany for a facility that could produce a variety of battery-grade electrolyte solvents, using feedstock provided by Sasol

Petrochemical
Petrochemical | 20 June 2022

Neste, Covestro and SK geo centric to create value chain for renewable attributed MDI in APAC

Companies are cooperating to enable the production of a major polyurethane raw material based on renewable raw materials via mass balance

Battery
Battery | 20 June 2022

BASF to build battery recycling black mass plant in Schwarzheide, Germany

The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe

General
General | 20 June 2022

Sandvik acquires Finland-based battery management solution provider

With the acquisition of Akkurate, Sandvik will strengthen its leading position in electrification competence and know-how in battery analytics

Petrochemical
Petrochemical | 19 June 2022

Invista upgrades polymer assets in South Carolina to serve growing market

Construction of nylon 6,6 polymer plant will begin later this year and is expected to be completed in 2024.

Hydrogen
Hydrogen | 18 June 2022

OIL, homiHydrogen to collaborate on developing green hydrogen value chain in India

Both companies plan to work together to establish a framework that can enable the parties to study, structure and agree on a possible long-term partnership, which could include manufacturing and packaging of electrolysers in India

Petrochemical
Petrochemical | 18 June 2022

Aramco updates on its net-zero strategy

The Company also aims to reduce or mitigate net Scope 1 and Scope 2 GHG emissions across its wholly-owned operated assets, both in its Upstream and Downstream segments, by more than 50 million metric tons of CO2e annually by 2035

Chemical
Chemical | 18 June 2022

Lenzing joins Together for Sustainability initiative

TfS along with its 37 members is aiming to be a key enabler to make supply chains and businesses more sustainable overall and contribute to the development of a better world,

Petrochemical
Petrochemical | 18 June 2022

Orion to increase prices for rubber carbon black

Payment terms will be reduced by at least 50% to conform with updated standards across the different regions

People
People | 18 June 2022

Pavan Jain appointed CFO of Grasim Industries

Presently, he is the Senior President, Grasim Industries Limited and has a stellar career track record spanning over three decades in the Group in different stints with Birla White, Grey Cement, and Grasim

Chemical
Chemical | 18 June 2022

Aether Industries Q4 FY22 revenue up 26.8%; Profit up 13.8%

Revenues from operations for the full year ended March 31, 2022 stood at Rs. 590.05 crore as compared to Rs. 449.82 crore in FY21

People
People | 18 June 2022

Vertellus appoints Kaustubh Chitale as MD, India

Kaustubh has assumed the new role from June 2022

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