Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 651
Gas
Gas | 03 June 2022

Mahanagar Gas earmarks capex of Rs. 700 crore for FY 2023

The company is expecting at least 7 - 8% growth in FY 2023

General
General | 03 June 2022

Evonik to build new lipid production facility for mRNA-based therapies in U.S.

Construction will begin in early 2023, and the plant is scheduled to go onstream in 2025

Hydrogen
Hydrogen | 03 June 2022

Toyota and Woven Planet develops portable hydrogen cartridge prototype

This cartridge design will facilitate the everyday transport and supply of hydrogen energy to power a broad range of daily life applications in and outside of the home

Chemical
Chemical | 03 June 2022

Bodal Chemicals planning modernisation at Rajpura and capacity addition at Saykha

The Sulphuric acid and benzene, both put together will add about Rs. 550 crore of revenue for the company and this will be operational in Q1 FY24

General
General | 03 June 2022

BASF Venture Capital and Inflexor Ventures agree to invest $8 Million in a Series A investment round in Bellatrix Aerospace

Bellatrix is one of India’s frontrunners in developing technology for in-space propulsion systems and orbital launch vehicles

Chemical
Chemical | 03 June 2022

KBR invests $100-million in advanced recycler Mura Technologies

This investment provides Mura incremental capital to accelerate development of its plastics recycling projects and enables KBR to participate more fully in this sustainability-focused, high growth sector

General
General | 03 June 2022

Solvay partners with Out and Equal

Partnership will work to advance LGBTQ+ workplace equality and belonging, in line with Solvay’s Diversity, Equity, and Inclusion (DEI) roadmap.

Petrochemical
Petrochemical | 02 June 2022

AkzoNobel to acquire Kansai Paint’s paints and coatings business in Africa

Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million

Chemical
Chemical | 02 June 2022

Azelis opens regional innovation center for food & nutrition in Singapore

The facility will generate a wealth of possibilities for food innovation towards healthier and tastier solutions through pioneering, ready-to-use formulations with advanced, sustainable ingredients

General
General | 02 June 2022

Wood Group sells its built environment business for $1.9 billion

This divestment provides enhanced financial flexibility which will allow the Group to consider further options on the use of proceeds

General
General | 02 June 2022

DuPont completes divestiture of biomaterials business to Huafon Group

Biomaterials business unit recorded net sales of approximately $200 million in 2021

General
General | 02 June 2022

DuPont opens new biopharma tubing manufacturing site in US

The site, located in Berkeley County, will be operated using the same quality standards as DuPont’s Healthcare Industries Materials Site, the company’s longstanding biopharmaceutical manufacturing site in Hemlock, Michigan

People
People | 02 June 2022

Elise H. Nowee appointed President of Shell Catalysts & Technologies

Nowee will be based in the Netherlands and report to Yuri Sebregts, Executive Vice President Technology for Shell

Chemical
Chemical | 02 June 2022

Shree Pushkar’s dyes Intermediate plant to start commercial production

The total Capex plan is around Rs. 165-170 crore which is totally funded through the internal accruals, out of which Rs. 114 crore is incurred on Unit 5

Chemical
Chemical | 02 June 2022

Balaji Amines subsidiary planning an IPO

The fund raising is subject to the receipt of requisite approvals including approval of the shareholders, market conditions and other considerations

Hydrogen
Hydrogen | 02 June 2022

India’s green hydrogen ecosystem warming up: Industry

To reach 5 million tons of green hydrogen production by 2030, industry needs incentives, access to electrolyzer technologies, better incentives, infrastructure and above all, right policies

Chemical
Chemical | 02 June 2022

Cosmo Speciality Chemical’s launches cationic softener ‘Silky SF’

The application of this finishing agent provides a soft, fluffy, soapy, and voluminous surface to the physical texture of the fabric

Sustainability
Sustainability | 02 June 2022

Jayant Agro becomes first Indian company to be certified on sustainable castor oil and its products

All the Group's production sites in Gujarat are the first sites in the industry to be certified.

Chemical
Chemical | 02 June 2022

Kansai Nerolac Paints gets leadership position in CRISIL's Sustainability Yearbook, 2022

The company is one among the only 14 companies that have been placed in this category for their ESG initiatives.

Chemical
Chemical | 01 June 2022

BASF highlights progress in enabling plastics circularity

High-performance solutions target three key stages of the mechanical recycling process: sorting, washing and reprocessing

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