Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 730
Supply Chain
Supply Chain | 30 November 2021

PLI Scheme of Rs. 120 Cr provided for drone and drone components

The PLI that can be claimed by a manufacturer is 20% of the value addition by such manufacturer

Chemical
Chemical | 30 November 2021

Tatva Chintan Pharma Chem acquires industrial land at Dahej-III

The above land has been acquired from internal accruals only and it will be used on a need basis in future

Chemical
Chemical | 30 November 2021

GACL granted BIS license for ortho phosphoric acid

It is the first Indian company to get license for Ortho Phosphoric Acid under this Compulsory Registration Scheme

People
People | 30 November 2021

Rossari Biotech appoints Ketan Sablok as Group CFO

Sablok will be responsible for leading the finance organization, working on key financial strategies, accounting, treasury, financial planning and analysis, tax and IT

Petrochemical
Petrochemical | 30 November 2021

Asian Paints plans Rs. 960 Cr expansion at Ankleshwar plant

The expansion will incur a total investment of approximately Rs. 960 crore on plant and machinery at the current prevailing prices

Energy
Energy | 30 November 2021

OMCs have sold 3,672.46 crore litres of E10

Present alcohol/ethanol distillation capacity in the country is around 722 crore litres per annum which has to be increased to estimated 1,500 crore litres per annum to meet the requirement of 20% ethanol blending

Petrochemical
Petrochemical | 30 November 2021

Oil PSUs bets big on innovative technologies and integrated refineries to spur growth

The new technologies retrofitted into existing refineries’ configuration and integrated refineries with petrochemical complexes are expected to double the feedstock production in the next two decades

General
General | 30 November 2021

DSM to acquire Vestkorn Milling to accelerate growth in plant-based proteins

Acquisition is expected to close by end of 2021 for an enterprise value of €65 million

General
General | 30 November 2021

Cabot to sell purification solutions business to PE firm for $111 mn

Company has entered into an agreement to sell its Purification Solutions business to One Equity Partners in a transaction valued at $111 million

General
General | 30 November 2021

Azelis acquires Austria-based distributor Neupert Specialities

Neupert Specialities specializes in products such as proteins, hydrocolloids, agar, and sugar substitutes and serves local customers through its strong relationships with renowned global ingredient suppliers

Energy
Energy | 30 November 2021

IREDA and BVFCL sign MoU for green energy collaborations

IREDA will undertake techno-financial due diligence of renewable energy, green hydrogen, green ammonia, energy efficiency and conservation projects for BVFCL.

Chemical
Chemical | 30 November 2021

Actizone F5 is EPA registered in the US

The US Environmental Protection Agency approves Actizone F5, Solvay’s innovative 24-hour antimicrobial sanitizing technology.

Chemical
Chemical | 30 November 2021

Briefs: India Pesticides and Dharamsi Morarji Chemical

India Pesticides allotted additional land adjacent to Sandila plant

Digitization
Digitization | 30 November 2021

Kebotix, SCM partner to advance materials innovation

New collaboration to integrate atomistic simulations with leading-edge AI to accelerate materials discovery, spawn commercial opportunities

Digitization
Digitization | 30 November 2021

Seeq Corporation achieves AWS energy competency status

The designation recognizes Seeq's expertise in enabling faster insights for energy customers via advanced analytics features and innovations.

Energy
Energy | 30 November 2021

Sinopec lands world's largest photovoltaic green hydrogen production project

With total investment of $470.77 million, the project will produce an annual output of green hydrogen reaching 20,000 tons when put into operation.

Gas
Gas | 30 November 2021

LNG scenario in APAC remains promising despite bottlenecks

Asian LNG spot prices collapsed since March 2019 but generation costs continue to favor coal above gas

General
General | 30 November 2021

Evonik invests in Singapore start-up Revivo BioSystems

The Singapore start-up’s technology provides an alternative to animal testing that is also quicker, more reliable and cost efficient

Petrochemical
Petrochemical | 30 November 2021

Tatneft, KazMunayGas form butadiene joint venture in Kazakhstan

The preliminary cost of the project is estimated at about 1 billion US dollars

Chemical
Chemical | 29 November 2021

GHCL signs MoU to invest Rs. 500 Cr in TN

The company will set up 40,000 ring spindles in Manaparai to produce synthetic and synthetic blended yarn.

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