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Chemical
Chemical | 02 February 2022

Oriental Carbon and Chemicals consolidated Q3FY22 PAT drops to Rs. 11.31 Cr

The company has posted net profit of Rs.37.45 crores for the 9 months period ended December 31, 2021.

Petrochemical
Petrochemical | 02 February 2022

Kansai Nerolac Paints posts consolidated Q3FY22 PAT at Rs. 128 Cr

The company has reported total income of Rs. 1820.31 crores during the period ended December 31, 2021.

Chemical
Chemical | 02 February 2022

Mangalore Chemicals and Fertilizers Q3FY22 PAT up at Rs. 31.07 Cr

The company has posted net profit of Rs.84.37 crores for the 9 months period ended December 31, 2021.

Chemical
Chemical | 02 February 2022

Laxmi Organic Industries reports Q3FY22 consolidated PAT at Rs. 82.08 Cr

The company has reported total income of Rs. 861.89 crores during the period ended December 31, 2021.

Chemical
Chemical | 02 February 2022

Industry terms Budget 2022-23 from progressive to disappointing

The proposal to reduce customs duties on certain key chemicals, including methanol and acetic acid will be a huge relief for the sector

Chemical
Chemical | 02 February 2022

Anupam Rasayan to acquire 24.96% stakes in Tanfac Industries

The consideration for the acquisition of shares from the sellers is Rs. 148.14 crore and the open offer (assuming full acceptance) is Rs. 154.31 crore which will be funded through debt

Chemical
Chemical | 02 February 2022

ExxonMobil earns $23 billion in 2021, initiates $10 billion share repurchase program

Reduces structural costs by an additional $1.9 billion, increasing total savings to nearly $5 billion versus

Sustainability
Sustainability | 02 February 2022

S&P Global Sustainability Yearbook recognizes UPL

UPL’s inclusion recognises its achievements in reimagining sustainability within the global food industry

Chemical
Chemical | 02 February 2022

BPCL to set up polypropylene unit

The Board has approved the proposal to discontinue the polyols project

Chemical
Chemical | 02 February 2022

Westlake completes acquisition of Hexion’s epoxy business

Company completes acquisition of Hexion’s global epoxy business for ~$1.2 billion

Battery
Battery | 02 February 2022

Solvay announces PVDF capacity investment to meet growing EV battery demand

The €300 million investment supports a fully integrated and digitalized PVDF operation and will increase capacity at Solvay's site in Tavaux, France to 35 kilotons

General
General | 02 February 2022

LyondellBasell features in ‘World's Most Admired Companies’ list

LyondellBasell has received this distinction for five consecutive years

Petrochemical
Petrochemical | 02 February 2022

INEOS Styrolution sells thermoplastic composite business to Ensinger

The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio

Chemical
Chemical | 02 February 2022

Nouryon commissions biodegradable chelates plant in Netherlands

The start-up of the new site in Herkenbosch, Netherlands is expected in the second quarter of 2022

Petrochemical
Petrochemical | 02 February 2022

Braskem invests in advance recycling firm Nexus Circular

Using a proprietary advanced recycling technology, Nexus converts a range of hard-to-recycle plastics especially landfill bound plastic films into its circular feedstocks which can then be converted back into virgin plastics

General
General | 02 February 2022

Firmenich to market Finlay's tea, coffee extracts portfolio in Europe

As a part of the agreement, Firmenich will focus on commercializing two core parts of Finlays’ extracts business in Europe: its world-leading Cold Brew Coffee portfolio and its Tea Extract portfolio

Gas
Gas | 02 February 2022

TotalEnergies and Veolia to collaborate on biomethane projects

The partners will develop and co-invest in a portfolio of international projects, with the ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025

Chemical
Chemical | 02 February 2022

Sabic buys Clariant’s 50% stake in Scientific Design

The move is aimed at securing a greater share of the Specialties market

Digitization
Digitization | 02 February 2022

Lanxess signs digitization partnership with Siemens

The contract, which will initially run for five years, covers an order volume in the mid-double-digit million euro range and can also be extended to other material groups at any time

Sustainability
Sustainability | 02 February 2022

Honeywell to help Walmart reduce its carbon footprint

Reduced global warming potential (GWP) solution is supermarket industry's most widely accepted replacement for higher-GWP solutions

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