Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 658
People
People | 01 July 2022

Cosmo Films appoints Justin Glass as President for North America operations

Justin will be responsible for devising growth strategies and expanding business in the North American region for the organisation.

Digitization
Digitization | 01 July 2022

Chemical industry to invest US$7 billion+ in digital technologies by 2031: ABI Research

The chemical industry has finally woken up to the benefits of Industry 4.0 and is ready to spend in the face of challenges such as increasing margin pressures and a declining labor force

Petrochemical
Petrochemical | 01 July 2022

Azelis acquires specialty lubricant distribution assets of Turkey-based Ak-taş

The transaction is expected to close in the third quarter of 2022, after fulfilment of customary closing conditions

People
People | 01 July 2022

Chris Cooper appointed President of Neste US

In his role, he is responsible for supporting and aligning regional business strategies to deliver the strategic growth targets, and he acts as Neste’s primary representative for the external community in the US

General
General | 01 July 2022

B2B online marketplace ChemDirect closes Series A funding round

Specialty chemical marketplace will use funds to expand team and scale platform

Battery
Battery | 01 July 2022

POSCO Chemical signs MoU with Britishvolt for battery materials

Britishvolt secures stable supply of battery raw materials in advance of commercial production

General
General | 01 July 2022

BASF partners with MAN Energy Solutions to build industrial scale heat pump in Ludwigshafen

This project is intended to make an important contribution to reducing greenhouse gas emissions, establishing the use of low-CO2 technologies in chemical production and reducing the site’s natural gas consumption

Sustainability
Sustainability | 30 June 2022

IMCD awarded recognition for its ESG led initiatives

Company has been ranked top in ESG industry ratings conducted by Sustainalytics, which is is a global provider of ESG research, ratings and data

General
General | 30 June 2022

Sandvik shuts its Russia operations due to Ukraine war

In 2021, about 3.6 percent of Sandvik Group revenues was from Russian customers

Chemical
Chemical | 30 June 2022

INEOS Oligomers announces 50% expansion of HV PAO unit in Texas

The increased capacity of the HV PAO plant will meet significant demand for wind turbines and other industrial applications

Sustainability
Sustainability | 30 June 2022

Control room, grievance redressal app, and workshops for implementation of Single Use Plastic

India will ban manufacture, import, stocking, distribution, sale and use of identified single use plastic items, which have low utility and high littering potential, all across the country from July 1, 2022

Petrochemical
Petrochemical | 30 June 2022

IndianOil approves investment for capacity expansion of Digboi Refinery

Accorded investment approval for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA at an estimated cost of Rs.740.20 crore.

General
General | 30 June 2022

Samsung Engineering acquires stake in Vietnam-based water treatment company

Company has acquired 24% stake in DNP Water for about 52.7 billion KRW ($ 41 million USD)

Chemical
Chemical | 30 June 2022

Organic expansion provides strong visibility ahead to Vinati Organics: ICICI Direct

ATBS capacity to be expanded by 20,000 MT with outlay of Rs. 300 crore

Chemical
Chemical | 30 June 2022

Showa Denko begins development of microwave-based chemical recycling technology to produce feedstock

The two companies are implementing various steps to achieve carbon neutrality by 2050, and aim to commercialize the new technology soon

Chemical
Chemical | 30 June 2022

PI Industries confident to achieve growth guidance: Prabhudas Lilladher

CSM business continues to be the shop stopper with mix changing to 80:20 for Agri and non-agri

Gas
Gas | 30 June 2022

Showa Denko and SK Group plans high-purity gas production in US

In the global market for high-purity gases for semiconductors, SDK has the top share of the etching gas market, and SK Materials has the top share of the cleaning gas market and deposition gas market

Hydrogen
Hydrogen | 30 June 2022

Green hydrogen is critical to India’s net-zero ambitions : NITI Aayog

The cumulative value of green hydrogen market in India could reach US $8 billion by 2030

Chemical
Chemical | 30 June 2022

BASF launches new biopolymer for personal care products

Produced from non-GMO rice, Verdessence RiceTouch offers a high quality and excellent oil absorbency

General
General | 29 June 2022

Petronet LNG distributes e-Tabs to MCD Teachers in South Delhi Area

These ‘e-Tabs’ will help teachers to conduct online classes in a more effective way

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