Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 639
Chemical
Chemical | 09 May 2022

Navin Fluorine posts higher sales, profit in Q4FY22

The company's net profit rose by 2.65% and reached Rs.75.16 crores in Q4

General
General | 09 May 2022

Coromandel to acquire 45% stake in Senegal-based rock phosphate mining company

The investment will help in strengthening Coromandel’s backward integration and will ensure long term supply security of the key raw material

Petrochemical
Petrochemical | 09 May 2022

Reliance oil-to-chemicals sales rise by 42% in Q4

Segment EBITDA for 4Q FY22 improved by 24.8% Y-o-Y to ₹ 14,241 crore ($ 1.9 billion) led by multi-quarter high transportation fuel cracks, partially offset by lower polymer & intermediates margins and higher energy cost

Chemical
Chemical | 09 May 2022

PPG opens architectural paints and coatings automation lab in Milan, Italy

The $2.1 million facility will increase the speed of developing paint color formulations

Chemical
Chemical | 09 May 2022

BASF India net profit rises 168% in March 2022 quarter

Sales rose 20.89% to Rs. 3383.34 crore in the quarter

General
General | 09 May 2022

Kemira to wind up operations in Russia

The company had announced a decision to discontinue deliveries to Russia and Belarus on March 1, 2022 due to the Russian military attack in Ukraine

Petrochemical
Petrochemical | 09 May 2022

BP signs offtake deal for circular plastic feedstock with Clean Planet Energy in UK

Under the new agreement bp will initially receive the output of Clean Planet Energy’s first facility, currently under construction in Teesside in the north-east of England

General
General | 09 May 2022

Tecam bags wastewater treatment contract from a refinery in Eastern Europe

Company will supply Regenerative Thermal Oxidizer (RTO) equipment which will help eliminate 99.9% of the polluting VOC emissions in the refinery

Chemical
Chemical | 09 May 2022

UPL posts higher profit on increased demand, volumes

Q4 FY22 EBITDA grew by 26% YoY to INR 3,591 crore as against INR 2,839 crore in Q4 FY21

Petrochemical
Petrochemical | 08 May 2022

BASF, Sinopec JV break ground on new tert-butyl acrylate plant, expansion of current sites in China

The partners will expand the production capacities of propionic acid, propionic aldehyde, ethyleneamines, ethanolamines and purified ethylene oxide, and build a new tert-butyl acrylate plant

General
General | 08 May 2022

Nyrstar to build zinc electrolysis plant in Australia

The project is estimated to require an investment of approximately AU$400 million in total, including the Federal Coalition’s commitment of AU$50 million and Tasmanian Government funding of AU$20 million

Chemical
Chemical | 08 May 2022

Gurit acquires 60% stake in Fiberline Composites

The acquisition enhances Gurit's current product offering into the wind energy market

General
General | 08 May 2022

DuPont publishes 2022 sustainability report

Report details the progress made by the company in its environmental, social and governance (ESG) journey, as well as actions to achieve its 2030 Sustainability Goals

Hydrogen
Hydrogen | 08 May 2022

Bosch to invest upto $500 million to develop electrolyzer components for hydrogen production

With pilot plants scheduled to commence operation in the coming year, the company plans to supply these smart modules to manufacturers of electrolysis plants and industrial service providers from 2025 onward

General
General | 08 May 2022

Lonza to sell processing plant in Quakertown, Pennsylvania

Upon closing, the Quakertown business will become an independent company called Microsize

Digitization
Digitization | 08 May 2022

AspenTech deploys digitalization solutions at St1 Refinery

The refinery is deploying AspenTech solutions to provide a vertically integrated set of production optimization solutions - from operational planning to real time control of critical equipment

General
General | 08 May 2022

Bhagwanth Khuba launches new grades of fertilizers at Rashtriya Chemicals Mumbai unit

Minister launched the newly manufactured NPK grades of Suphala 10:26:26 and VIPULA 10:10:10

Chemical
Chemical | 07 May 2022

AGC to expand chlor-alkali production capacity in Thailand

The total investment is expected to exceed 100 billion yen, making it the largest investment ever made by the AGC Group

Chemical
Chemical | 07 May 2022

SIKA to divest shotcrete equipment business

Aliva Equipment generated sales of CHF 12 million in 2021.

Chemical
Chemical | 06 May 2022

Evonik opens applied technology center for agricultural markets in Americana, Brazil

State-of-the-art laboratories and pilot plants will boost product development and enhance customer experience

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