Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 806
Gas
Gas | 11 February 2022

India sets up two national CoE in Carbon Capture & Utilization

These CoEs will facilitate capturing and mapping of current R&D and innovation activities in the domain and also develop networks of researchers, industries, and stakeholders

Gas
Gas | 11 February 2022

Govt. sets a target to raise the share of natural gas in energy mix to 15%

Further, PNGRB has received bids for 61 GAs in the 11th round which entail investment of more than Rs. 80,000 crore

Chemical
Chemical | 11 February 2022

Tata Chemicals Q3 FY22 consolidated income up 21%, consolidated profit up 69%

The company’s results by reporting segments showed income from operations for Basic Chemistry at Rs. 2,448 crore up 23% and Specialty Products at Rs. 679 crore up 10%

General
General | 11 February 2022

Essar Oil UK to use hydrogen as a fuel source

This marks another significant milestone in Essar’s continued commitment to becoming the UK’s first low carbon refinery

General
General | 11 February 2022

Dr. Pramod Chaudhari bags 2022 William C. Holmberg Award

He is the first Asian recipient of this global honour that recognizes his exemplary work in Bioeconomy

Petrochemical
Petrochemical | 11 February 2022

Manali Petrochemicals Q3 FY22 revenue up 22%, profit up 30%

During the nine months the total revenue was Rs. 1,094 crore, 1.83 times of Rs. 598 crore in the corresponding period of FY21. PBT and PAT registered 3-fold growth during this period, signifying better price realizations

Chemical
Chemical | 11 February 2022

Chemours earnings rise on higher prices, volumes

2021 Net Sales were $6.3 billion, up 28%, or $1.4 billion, from 2020

General
General | 11 February 2022

Umicore signs €500 million sustainability-linked loan

Credit facility measures Umicore’s progress towards its carbon neutrality and gender diversity goals

Petrochemical
Petrochemical | 11 February 2022

Lummus, Synthos advance bio-butadiene partnership with enhanced production capacity

Synthos has committed to building a plant with a capacity of 40,000 metric tons of bio-butadiene per year, collaborates with Lummus subsidiary Green Circle to begin engineering and design phase of the project

Chemical
Chemical | 11 February 2022

Sika expands its base in Africa

The significant expansion of production and warehousing zones at the Dar es Salaam and Abidjan plants marks another important milestone in the implementation of Sika’s growth strategy on the African continent

Chemical
Chemical | 11 February 2022

BASF, Heraeus to form a JV for metal recycling solutions in China

Construction is planned to begin in 2022, with start of operations in 2023

Chemical
Chemical | 11 February 2022

Global Bioenergies develops new process for production of bio-based C5 chemicals

Company has developed a process for converting plant-based resources into isobutene, a major chemical building block, whose derivatives are used in cosmetics, fine chemicals, commodities and fuels

General
General | 11 February 2022

FMC Corporation revenue rises in fourth quarter, guides strong growth for 2022

Company posted revenue of $1.41 billion, an increase of 23 percent versus Q4 2020

Chemical
Chemical | 11 February 2022

Kemira’s net profit declines due to higher inflationary pressures

Operative EBITDA decreased by 9% to EUR 97.8 million (107.9) due to higher variable costs that were partly offset by higher sales prices in fourth quarter

Petrochemical
Petrochemical | 11 February 2022

Borouge breaks ground on fourth polyolefin manufacturing complex in Ruwais

Scheduled to be operational by the end of 2025, the plant will produce 1.4 million tonnes of polyethylene, boosting the company’s total annual polyolefin production to 6.4 million tonnes, making Borouge the world’s largest single-site polyolefin complex

General
General | 11 February 2022

Covestro receives ISCC Plus certification for its two sites in Germany

Certification awarded for Leverkusen and Dormagen sites in Germany

Technology
Technology | 11 February 2022

Technip Energies awarded EPCC contract by PETRONAS for a new melamine plant in Malaysia

Technip Energies is responsible for overall project management, engineering, procurement and commissioning, whereas Dialog E&C is in charge of construction and pre-commissioning

Petrochemical
Petrochemical | 10 February 2022

Tamilnadu Petroproducts Q3 FY22 revenue up 54.3%

Net Earnings nearly doubled to reach Rs. 46.95 crore vis-a-vis Q3 FY21 earnings of Rs. 21.87 crore

General
General | 10 February 2022

Sarbananda Sonowal reviews ease of doing business roadmap of major ports and IWAI

The construction of a trans-shipment hub at Greater Nicobar was also part of the discussions

General
General | 10 February 2022

Chemicals B2B marketplace firm Carbanio raises $1.3 Mn led by Quantico Group

The company through this investment will organize and digitize the industry, thereby transforming the Indian chemical industry to achieve newer heights

Startups

Chemical

Petrochemical

Energy

Digitization