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General
General | 11 February 2022

FMC Corporation revenue rises in fourth quarter, guides strong growth for 2022

Company posted revenue of $1.41 billion, an increase of 23 percent versus Q4 2020

Chemical
Chemical | 11 February 2022

Kemira’s net profit declines due to higher inflationary pressures

Operative EBITDA decreased by 9% to EUR 97.8 million (107.9) due to higher variable costs that were partly offset by higher sales prices in fourth quarter

Petrochemical
Petrochemical | 11 February 2022

Borouge breaks ground on fourth polyolefin manufacturing complex in Ruwais

Scheduled to be operational by the end of 2025, the plant will produce 1.4 million tonnes of polyethylene, boosting the company’s total annual polyolefin production to 6.4 million tonnes, making Borouge the world’s largest single-site polyolefin complex

General
General | 11 February 2022

Covestro receives ISCC Plus certification for its two sites in Germany

Certification awarded for Leverkusen and Dormagen sites in Germany

Technology
Technology | 11 February 2022

Technip Energies awarded EPCC contract by PETRONAS for a new melamine plant in Malaysia

Technip Energies is responsible for overall project management, engineering, procurement and commissioning, whereas Dialog E&C is in charge of construction and pre-commissioning

Petrochemical
Petrochemical | 10 February 2022

Tamilnadu Petroproducts Q3 FY22 revenue up 54.3%

Net Earnings nearly doubled to reach Rs. 46.95 crore vis-a-vis Q3 FY21 earnings of Rs. 21.87 crore

General
General | 10 February 2022

Sarbananda Sonowal reviews ease of doing business roadmap of major ports and IWAI

The construction of a trans-shipment hub at Greater Nicobar was also part of the discussions

General
General | 10 February 2022

Chemicals B2B marketplace firm Carbanio raises $1.3 Mn led by Quantico Group

The company through this investment will organize and digitize the industry, thereby transforming the Indian chemical industry to achieve newer heights

Chemical
Chemical | 10 February 2022

BASF India sales up 31% in Q3

The company reported Profit before tax of Rs. 137.2 crore as compared to profit before tax (before exceptional items) of Rs. 196.5 crore in the prior-year quarter

Technology
Technology | 10 February 2022

Samsung Engineering wins $1 billion contract for BCC ethane cracker in Russia

Samsung Engineering’s work of scope includes an Ethane Cracker Unit with a total design capacity of 2.8 million ton/yr (two trains a 1.4 million ton/yr each) and procurement for the project

Chemical
Chemical | 10 February 2022

IMCD acquires Brazil-based distributor Polyorganic

Polyorganic is also a reputable distributor for the water treatment industry and other industrial markets

Chemical
Chemical | 10 February 2022

Lotte Chemical Q4 2021 net profit up 7.1%

The company posted 29.7 billion won in operating profit for the quarter, compared with 216.2 billion won a year ago

Hydrogen
Hydrogen | 10 February 2022

MNRE promoting R&D projects on hydrogen and fuel cells

The Ministry is working with Indian Institute of Science, Bangalore; ARCI Center for Fuel Cell Technologies, Chennai; National Institute of Solar Energy, Gurgaon; and Dayalbagh Educational Institution for ongoing R&D projects

Petrochemical
Petrochemical | 10 February 2022

Shell supplies hydrogenation catalyst to Hyundai Chemicals petchem plant in South Korea

Located in Daesan, South Korea, the facility is Hyundai Chemicals’ first heavy-feed grassroot 750 kilotons per annum (KTA) ethylene cracker

General
General | 10 February 2022

Amyris closes EcoFabulous aquisition, commences production at Reno plant

The acquisition furthers Amyris' growth and market leadership in clean beauty and complements Amyris' family of consumer brands

Gas
Gas | 10 February 2022

Linde earnings, profit rises on higher sales, volumes

Company's sales for the fourth quarter were $8,298 million, 14% above prior year and 8% sequentially

Chemical
Chemical | 10 February 2022

Trinseo reports fourth quarter results, full year guidance

Net sales in the fourth quarter increased 69% and stood at $1,298 million versus prior year sales of $768 million

General
General | 10 February 2022

Euclid Chemical wins two innovative fiber project of the year awards

Company won awards in microfiber and macrofiber category

General
General | 10 February 2022

Godrej Industries valia plant achieves Greenco platinum rating

Company now aims to achieve carbon neutrality, water neutrality and zero waste to landfill for this facility by 2026

Start-up
Start-up | 10 February 2022

Basf, Orbia Ventures invest in Israeli biotech startup

FortePhest is developing a new technology to combat herbicide-resistant weeds and invasive plants

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