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Sustainability
Sustainability | 16 May 2022

Birla Carbon awarded ‘Platinum’ rating by EocVadis

The rating was provided after reviewing Birla Carbon’s sustainability practices in its recently published ninth sustainability report, Driving Circularity

Chemical
Chemical | 16 May 2022

Neogen Chemicals revenue grows 69% in Q4FY22

Profit after tax (PAT) stood at Rs. 15.6 crore during the quarter as compared to Rs. 9.3 crore in Q4 FY21

People
People | 16 May 2022

Cabot Corporation elects new board member

Raffiq Nathoo has been elected to Board of Directors, effective May 12, 2022

General
General | 16 May 2022

Chevron, Pertamina to collaborate on lower carbon projects in Indonesia

Companies plan to consider novel geothermal technologies; carbon offsets through nature-based solutions; carbon capture, utilization, and storage (CCUS); as well as lower carbon hydrogen development, production, storage, and transport

Chemical
Chemical | 16 May 2022

Azelis posts higher earnings on strong growth across segments

Company's revenue stood at EUR 975.3 million in Q1 2022, representing year-on-year growth of 59.4%

General
General | 16 May 2022

Suanfarma partners with Solvay to support natural ingredients development

This agreement, to be completed by mid-2023, is the first step of a long-term strategic alliance between both companies

Petrochemical
Petrochemical | 16 May 2022

Sabic kick off pre-commissioning of polycarbonate plant at Tianjin, China

Project’s pre-operational activities have commenced with an annual capacity of 260,000 metric tons per year

Chemical
Chemical | 16 May 2022

Ami Organics FY22 consolidated PAT up by 33% to Rs. 71.94 Cr

The company has posted net profit of Rs. 21.28 crores for the quarter ended March 31, 2022

Chemical
Chemical | 16 May 2022

Hikal shuts down MIDC Taloja unit for maintenance

The Taloja unit had contributed approx. Rs. 260 crores amounting to around 15% of the turnover of the company for the financial year 2020-21.

Chemical
Chemical | 16 May 2022

Vinyl Chemicals India FY2021-22 profit jumps by 207% to Rs 34.87 Cr

The company has posted net profit of Rs. 14.51 crores for the quarter ended March 31, 2022

Chemical
Chemical | 16 May 2022

Vishnu Chemicals FY22 consolidated PAT jumps 136% to Rs. 81.39 Cr

The company has posted net profit of Rs. 28.57 crores for the quarter ended March 31, 2022

Gas
Gas | 16 May 2022

US Chemical industry investment linked to shale gas tops $200 billion: ACC

Domestic energy can spur further growth while supporting energy transition, lower GHG emissions

Petrochemical
Petrochemical | 15 May 2022

Borealis, Reclay form plastics recycling JV

New entity will be powered by a smart systems-thinking approach to ensure more post-consumer lightweight packaging (LWP) is sorted and recycled into high quality materials

General
General | 15 May 2022

Merck KGaA first quarter earnings grows on higher volumes, margins

Q1 net sales increased by 12.2% to € 5,198 million compared with the year-earlier quarter

Chemical
Chemical | 15 May 2022

Heranba Industries Q4FY22 revenue grows 31%; profit remains flat

Revenue from operations reached Rs. 1,450.4 crore in FY22 as compared to Rs. 1,218.6 crore in FY21, a growth of 19.02% whereas Profit After Tax reached Rs. 189.1 crore in FY22 as compared to Rs. 154.2 crore in FY21

Chemical
Chemical | 15 May 2022

Camlin Fine Sciences restart operations at diphenol plant

The successful completion of de‐bottlenecking of the diphenol plant has led to an increase in the capacity from the current 10,000 MT to 15,000 MT

Chemical
Chemical | 15 May 2022

Australian Strategic Materials opens purity critical metals plant in Korea

The Korean Metals Plant will produce critical metals and alloys to customer specifications, using ASM’s patented, energy efficient metallisation process

Chemical
Chemical | 15 May 2022

Neogen Chemicals plans Rs. 150 crore capacity expansion for specialty chemicals, lithium salts

The proposed funds will be used for increasing manufacturing capacity of specialty organic chemicals and inorganic salts

Chemical
Chemical | 14 May 2022

Chemplast Sanmar’s volume growth to pause in FY23: ICICI Securities

Large expansion in paste-PVC and custom manufacturing will commence only in FY24.

Chemical
Chemical | 14 May 2022

Sumitomo Chemical registers better performance for FY2021

Sumitomo Chemical Group’s sales revenue for the period increased by ¥478.3 billion

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