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Chemical
Chemical | 15 May 2022

Neogen Chemicals plans Rs. 150 crore capacity expansion for specialty chemicals, lithium salts

The proposed funds will be used for increasing manufacturing capacity of specialty organic chemicals and inorganic salts

Chemical
Chemical | 14 May 2022

Chemplast Sanmar’s volume growth to pause in FY23: ICICI Securities

Large expansion in paste-PVC and custom manufacturing will commence only in FY24.

Chemical
Chemical | 14 May 2022

Sumitomo Chemical registers better performance for FY2021

Sumitomo Chemical Group’s sales revenue for the period increased by ¥478.3 billion

Petrochemical
Petrochemical | 14 May 2022

Axens and Toray to study PET chemical recycling plant in France

The project is currently in its engineering phase, and targets start-up of the first Rewind PET train leading to an annual production of 30,000 tons of recycled PET, by the end of 2025

Start-up
Start-up | 14 May 2022

Koch Industries invests in battery materials startup 6K

The Series D proceeds will fund production expansion for premium 3D metal powders in its 6K Additive division and accelerate the deployment of cathode production plants in its 6K Energy division

Chemical
Chemical | 14 May 2022

Gujarat Fluorochemicals Q4FY22 profit rises by 96%

Company's net profit jumped 460% and stood at Rs.787.18 crores for the Financial Year ended March 31, 2022

Chemical
Chemical | 14 May 2022

Sharda Cropchem reports Q4 FY22 consolidated profit Rs. 176.97 Cr

The company has posted net profit of Rs.349.25 crores for the Financial Year ended March 31, 2022

Chemical
Chemical | 14 May 2022

Anupam Rasayan's full year profit more than doubles on higher volumes

The company has posted net profit of Rs.152.17 crores for the Financial Year ended March 31, 2022

Chemical
Chemical | 14 May 2022

Anupam Rasayan deploys air pollution control technology at Surat plant

Company has reduced particulate matter levels in the plant by 66% by using the Pure Skies technology

General
General | 14 May 2022

Iberchem launches new biodegradable fragrance encapsulation technology

The new fragrance technology not only offers a high level of biodegradability, but also consists of a minimum of 60% bio-based materials

Chemical
Chemical | 14 May 2022

Navin Fluorine to invest Rs. 540 crore on manufacturing, supply of a new fluoro speciality molecule

The facility will be located at Dahej, in the state of Gujarat and will be funded through a mix of internal accruals and debt

Hydrogen
Hydrogen | 13 May 2022

Topsoe signs joint declaration for ramping up manufacturing of electrolyzers to boost hydrogen production in the EU

The European Commission, Hydrogen Europe and 20 European companies including Topsoe signed a declaration on increasing electrolyzer manufacturing capacity in the EU.

Chemical
Chemical | 13 May 2022

Navin Fluorine continues with order wins, embarked capex: ICICI Securities

Strong pipeline of growth opportunities, especially in agrochemicals, driven by principles of 3P: Product, Platform & Partnership

Sustainability
Sustainability | 13 May 2022

Nordea Climate Engagement Fund to invest in Solvay

This recognizes Solvay’s One Planet roadmap and accelerating energy-transition plan.

Petrochemical
Petrochemical | 13 May 2022

Shell to sell retail and lubricants businesses in Russia

The agreement with LUKOIL follows Shell’s announcement in early March of its intention to withdraw from all Russian hydrocarbons in a phased manner

Petrochemical
Petrochemical | 13 May 2022

Asahi Kasei to provide carbon footprint data for synthetic rubber, elastomers

Company has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber (S-SBR), a material for eco-friendly tires

General
General | 13 May 2022

Paradeep Phosphates IPO to open on May 17

The bid lot for the offer has been finalized to be 350 Equity Shares and in multiples of 350 Equity Shares thereafter

Petrochemical
Petrochemical | 13 May 2022

BASF to supply renewable automotive coatings to BMW Group

The BMW Group is the first OEM to use BASF paints certified according to the biomass balance approach

Petrochemical
Petrochemical | 13 May 2022

Indorama's Q1 revenue grows 37% on higher volumes, margins

IVL’s business segments grew as the company’s leading global position benefited overall in an environment of higher crude oil prices, increased ocean freight rates and a strengthening US dollar, led by resurging consumer demand and global mobility

Hydrogen
Hydrogen | 13 May 2022

GAIL awards green hydrogen EPC contract to Tecnimont

The EPC contract awarded is to implement a 4.3 tons per day green hydrogen production plant via a 10 megawatt PEM electrolysis unit with a purity of about 99.999 volume % to be located in Vijaipur

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