Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 658
Hydrogen
Hydrogen | 05 May 2022

ArcelorMittal tests replacement of natural gas with green hydrogen for DRI production

Company's ambition is to lead the decarbonization of the steel industry and this test is an important milestone in the Company’s journey to produce zero carbon emissions steel via the DRI-based steelmaking route using green hydrogen as an input

Chemical
Chemical | 05 May 2022

Solvay becomes sole owner of soda ash JV in Wyoming

Company has bought 20% minority stake of AGC at a cash purchase price of $120 million

Chemical
Chemical | 05 May 2022

Lanxess revenue jumps 43% YoY in first quarter on higher pricing, strong growth across segments

The successful acquisitions, especially that of Emerald Kalama Chemical, likewise made a positive earnings contribution

Hydrogen
Hydrogen | 05 May 2022

Gasunie, Vopak to jointly develop future open access hydrogen import terminal infrastructure

The cooperation agreement includes import projects for hydrogen through green ammonia, liquid organic hydrogen carriers, and liquid hydrogen technologies

Hydrogen
Hydrogen | 05 May 2022

Ineos launches hydrogen fuel network trial at Grangemouth

The trial which is funded by the Energy Regulator and gas distribution companies, will use hydrogen supplied by INEOS in a 29km section of decommissioned pipeline between the Grangemouth site and Granton

Chemical
Chemical | 04 May 2022

Solvay launches new growth platform for renewable materials, biotechnology

Company will develop sustainable solutions using renewable feedstocks and biotechnology

Chemical
Chemical | 04 May 2022

Arxada and Novoset to develop next generation composite materials

Arxada will develop, manufacture and commercialize the resin system developed by Novoset

Sustainability
Sustainability | 04 May 2022

Europe’s climate neutrality goals need a policy push

Coherence in policy making, innovation fund for eligible sectors, and continuous dialogue keys to achieve CO2 emission targets by 2030

Hydrogen
Hydrogen | 04 May 2022

India and Germany to establish Green Hydrogen task force

This will strengthen mutual cooperation in production, utilization, storage, and distribution of green hydrogen through building enabling frameworks for projects, regulations and standards, trade and joint research and development (R&D) projects

Energy
Energy | 04 May 2022

bp to invest up to £18 billion in UK energy system

The company is fully committed to the UK’s energy transition – providing reliable home-grown energy and at the same time, focusing on the drive to net zero

Chemical
Chemical | 04 May 2022

Syngenta sales grows by 26% in first quarter

Company's first-quarter EBITDA for 2022 increased 25 percent to $1.9 billion

General
General | 04 May 2022

Yara mulls IPO for clean ammonia business

A potential IPO would raise capital to accelerate the growth, visualize the value of the business better and support increased management focus – for both YCA and Yara

Hydrogen
Hydrogen | 04 May 2022

Mitsui & Co, CF Industries to develop blue ammonia facility in US

The new facility will produce blue ammonia by leveraging carbon capture and sequestration processes to reduce carbon emissions by more than 60% compared to conventional ammonia

General
General | 04 May 2022

OCI signs $1.2 billion polysilicon supply deal with Hanwha Solutions

Supply deal is for 10 years starting from July 2024 to June 2034

Chemical
Chemical | 04 May 2022

Kemira, Danimer expand partnership to commercialize bio-based coatings

The companies will work together to introduce new coatings developed for the food and beverage industry to the markets of North and South America, Europe, the Middle East and Africa

Chemical
Chemical | 03 May 2022

SK Capital acquires ingredients maker Florachem

Florachem partners with industry- leading customers across diverse end markets including flavor and fragrance, personal care, industrial, and coatings and adhesives

People
People | 03 May 2022

Odfjell appoints Harald Fotland as new CEO

Fotland succeeds Kristian Mørch, who announced in March that he would step down once a suitable successor had been identified

Chemical
Chemical | 03 May 2022

Chemours sales grows 23% YoY on higher volumes, prices

Adjusted EBITDA for the first quarter of 2022 was $403 million in comparison to $268 million in the prior-year first quarter

Chemical
Chemical | 03 May 2022

Covestro's sales up by 41% YoY in first quarter

EBITDA grew in the first quarter by 8.5 percent to EUR 806 million

Supply Chain
Supply Chain | 02 May 2022

Supply chain problems increased for chemical manufacturers: ACC

Unrelenting supply chain issues are driving price inflation

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