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Energy
Energy | 20 August 2021

Sugar mills earn Rs. 22,000 Cr from Ethanol sale to OMCs

In the current sugar season i.e. 2020-21, about Rs. 15,000 crore revenue is being generated by sugar mills from sale of ethanol to OMCs

Chemical
Chemical | 20 August 2021

Evonik forms new entity for superabsorbents business

Evonik Superabsorber has been formed in Germany and USA

General
General | 20 August 2021

Johnson Matthey joins UK consortium to develop prototype solid-state batteries

Solid-state batteries offer significant potential advantages over conventional lithium-ion batteries and could be transformational in meeting the UK’s net zero commitments through the electrification of transport

General
General | 20 August 2021

Acron advances construction of potash project in Russia

Production at Talitsky potash mine is expected to start in 2025

Chemical
Chemical | 20 August 2021

Sherwin-Williams agrees to buy European industrial coatings business of Sika

The transaction is expected to close in the beginning of 2022 and the acquired business will become part of the Company's Performance Coatings Group operating segment

General
General | 20 August 2021

Adnoc, Fertiglobe sells blue ammonia to Japanese company

Companies have sold a cargo of blue ammonia to INPEX in Japan, for use in power generation applications

People
People | 19 August 2021

Archroma appoints Thomas Bucher as CFO

Bucher has a long career in Finance, having held CFO roles with leading industrial and services companies.

Chemical
Chemical | 19 August 2021

EuroChem posts record 1H EBITDA of $1.6bn

Sales up 45% year-on-year with cost of sales for EuroChem products flat.

Chemical
Chemical | 19 August 2021

Dow to invest in methyl acrylate production

The new 50 kiloton nameplate capacity of methyl acrylate is set to be online in the first half of 2022,

Electric Vehicles
Electric Vehicles | 19 August 2021

LANXESS develops concept for radar sensors with integrated thermal management

Combination of thermally conductive plastics with metallic cooling elements in hybrid technology

Chemical
Chemical | 19 August 2021

Dow announces tender offer for senior notes

The tender offers will expire at September 13, 2021.

Chemical
Chemical | 19 August 2021

BASF to increase price for select polyalcohols in North and South America

Effective September 1, 2021 or as existing contracts permit, BASF will increase prices in North and South America for select polyalcohols.

Chemical
Chemical | 19 August 2021

Meghmani Finechem Q1 FY22 revenue up 111%; Profit up 107%

The company made a stellar debut on stock exchanges on 18th August, as the stock got listed at Rs. 406.45 on NSE, a 194% premium to its opening price of Rs. 138.25

Petrochemical
Petrochemical | 19 August 2021

Grace Licenses UNIPOL PP process technology to GAIL

PP process technology will be used for a 60 KTA polypropylene plant located at Pata, India

Petrochemical
Petrochemical | 19 August 2021

LG Chem invests $2.2 billion to manufacture eco-friendly petchem products

Starting with the construction of PBAT and POE plants this year, LG Chem plans to develop the Daesan Complex as a hub for ESG-based businesses

Start-up
Start-up | 19 August 2021

Evonik invests in two Chinese funds focused on advanced material technologies

The two leading funds focus on advanced materials, high-end manufacturing equipment, digital transformation, and green technologies

Energy
Energy | 19 August 2021

Proman, Global Energy to study green methanol plant in UK

Subject to the successful completion of ongoing financial and technical feasibility studies, and further development and financing of the project, Proman will become the owner, operator and off taker of the green methanol production facility

General
General | 19 August 2021

Japanese firms commence study to produce ethylene derivatives derived from bio-based raw materials

This will be the first such undertaking in Japan and is in line with the country’s aim to go carbon neutral by the year 2050

General
General | 19 August 2021

Givaudan expands fragrances production capacity in Mexico

The new extension, which is planned to open at the end of 2023, will be outfitted with the most optimised level of automation, including automated logistics, allowing for high accuracy and efficiency

Supply Chain
Supply Chain | 19 August 2021

Maersk secures green e-methanol for the world’s first container vessel

The fuel production is expected to start in 2023.

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