Petrochemical | 20 June 2022
Ineos to build acetic acid plant and associated derivatives on US Gulf coast
FID is expected before the end of 2023
FID is expected before the end of 2023
With $120m jointly invested in the newly-formed initiative, and with other strategic investors expected to join, the venture will develop an alternative, plant-based ingredient using biotechnology
2022 GHG reduction target reflects the company’s ambition to take the lead on decarbonization and its commitment to UN Sustainable Development Goal no 13 on Climate Action
The two companies plan to secure an annual production capacity of more than 800 million square meters until 2028
KEIL offers environmental solutions to chemical industries in which UPL operates and supports sustainability of operations
To create an enabling support system, CPCB is handholding the state boards to operationalise the advisories issued by conducting meetings so that all the Urban local bodies in the respective states are able to effectively implement the guidelines with their help
To survive and make profits, MSMEs have to develop niche products, find substitution of raw materials, and adopt innovation and automation
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Indian Oil Corporation Limited has issued 25,000, 7.79% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series -XXIII} of Rs. 10,00,000 each aggregating to Rs. 2,500 crore on Private Placement basis on 17th June 2022
The expanded partnership will combine SKGC’s petrochemical manufacturing experience with SUEZ’s resource management expertise and Loop’s breakthrough proprietary technology to supply 70,000 M/T of virgin quality, 100% recycled, polyethylene terephthalate (“PET”) plastic and polyester fiber to the European market
The companies will assess the suitability of Sasol’s locations near Lake Charles in the United States and Marl in Germany for a facility that could produce a variety of battery-grade electrolyte solvents, using feedstock provided by Sasol
Companies are cooperating to enable the production of a major polyurethane raw material based on renewable raw materials via mass balance
The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe
With the acquisition of Akkurate, Sandvik will strengthen its leading position in electrification competence and know-how in battery analytics
Construction of nylon 6,6 polymer plant will begin later this year and is expected to be completed in 2024.
Both companies plan to work together to establish a framework that can enable the parties to study, structure and agree on a possible long-term partnership, which could include manufacturing and packaging of electrolysers in India
The Company also aims to reduce or mitigate net Scope 1 and Scope 2 GHG emissions across its wholly-owned operated assets, both in its Upstream and Downstream segments, by more than 50 million metric tons of CO2e annually by 2035
TfS along with its 37 members is aiming to be a key enabler to make supply chains and businesses more sustainable overall and contribute to the development of a better world,
Payment terms will be reduced by at least 50% to conform with updated standards across the different regions
Presently, he is the Senior President, Grasim Industries Limited and has a stellar career track record spanning over three decades in the Group in different stints with Birla White, Grey Cement, and Grasim
Revenues from operations for the full year ended March 31, 2022 stood at Rs. 590.05 crore as compared to Rs. 449.82 crore in FY21
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