Chemical | 24 November 2021
Lanxess to expand production of high-tech engineering plastics in China
The new line is planned to go on stream in the first quarter of 2023
The new line is planned to go on stream in the first quarter of 2023
Business will be sold to Fenzi Holdings SPV S.p.A for £178 million
The deal is expected to close in first half 2022
Heranba expects this new Unit IV to generate annual revenue of Rs.1000 million.
Phigenesis will deploy the Lummus New Hope Plastics Pyrolyisis Technology for a new chemical recycling facility with a capacity of 150,000 tonnes per annum.
Fiscal year 2022 revenue is expected to be in the range of $6.65 billion to $6.73 billion.
Four in five leading industries want to increase their digital investments to drive sustainable business models
The company has secured supply chains for collection of post-consumer PET bottles through OBP (Ocean bound plastic) route and has introduced a new product – R|Elan GreenGold Ecocean
GSML has now resumed operations for its Ethanol Plant with effect from yesterday i.e. 20th November 2021.
Through this collaboration, both companies intend to address the critical need of lowering the capital cost of the capture of the carbon dioxide emitted from industrial production
The new production lines will enable the company to further strengthen its offerings, keep pace with anticipated market demand, and support the growth of lead-acid battery industry that is set to grow substantially in the coming years
Under the terms of the contract, KBR will provide its proprietary digital solution and technical advisory services for the process and equipment health of the plant using the KBR INSITE platform
Slated to start production in 2023, the unit at Shell’s manufacturing site on Pulau Bukom will be the largest in Asia and Shell’s first globally, with a capacity of 50,000 tonnes per annum (tpa)
Company expects to grow sales by 4-6 % annually, reach an EBITDA margin range of 19-21 % and generate a free cash flow conversion rate of around 40 % by 2025
APAC head office in Singapore will go live from On 1 January 2022
The dedicated space will enable Givaudan's digital innovation teams, working alongside regional and local business teams, to identify opportunities and leverage technologies to co-create the products and services of tomorrow
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PI is also Gold Rated by EcoVadis in the last business sustainability assessment with 96th percentile rating in the agrochemical manufacturing companies in the world.
It posted net profit of Rs.20.72 crores for the period ended September 30, 2020.
Indo Amines has reported total income of Rs.366.75 crores during the half year ended September 30, 2021.
The acquisition is expected to be completed in the first half of 2022.
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