Chemical
Chemical | 11 October 2022

CARE reaffirms its rating on bank facilities of Vinati Organics

Vinati Organics is currently undertaking capex of around Rs. 580 crore (around Rs. 300 crore in VOL for ATBS capacity expansion and around Rs.80 crore in Veeral Organics Private Limited

Chemical
Chemical | 11 October 2022

Bodo Möller Chemie expands its business in the Iberian Peninsula and all of Europe

Merger of two adhesive specialists: Bodo Möller Chemie takes over Spanish General Adhesivos

Technology
Technology | 11 October 2022

Johnson Matthey technology qualified to support Shell green hydrogen production

JM’s catalysts will be used to remove trace oxygen to meet oxygen specifications in the production of high purity, zero carbon hydrogen. Removal of oxygen is critical to make the process safer and more efficient.

Chemical
Chemical | 11 October 2022

Specialty Chemicals Q2FY23 preview: Chemical companies to outperform on EPS growth again

ICICI Securities estimates its specialty chemical coverage universe revenue to grow 19.3% YoY (down 0.6% QoQ) in Q2FY23.

Chemical
Chemical | 11 October 2022

Solvay and Hastings sign MoU for supply of mixed rare earth carbonate

MoU further reinforces strategy of both companies to develop a rare earths permanent magnet value chain in Europe.

General
General | 10 October 2022

Henkel and LyondellBasell create innovative re-closable packaging solution

The Henkel hotmelt adhesive, which is based on an innovative plastomer from LyondellBasell, is responsible for the improved reopen/reclose properties.

Sustainability
Sustainability | 10 October 2022

LyondellBasell and Genox Recycling to establish plastics recycling JV

This new joint venture will help develop the local plastics recycling infrastructure in China.

Energy
Energy | 09 October 2022

US and India reiterate their commitment for sustainable energy transition

The Ministers stressed that climate and clean energy collaboration should promote energy access, affordability, energy justice, while supporting sustainable economic growth and just energy transitions.

Chemical
Chemical | 09 October 2022

UFlex Chemicals acquires patent for solvent free pigmented adhesive

This development will cut down the requirement of white ink coating on printed substrates thereby presenting substantial cost savings

General
General | 09 October 2022

Fertilizers subsidy budget may fall short by Rs. 35,000 crore on high input costs: CareEdge

Historically, the subsidy budget used to be in the range of Rs. 70,000 crore to Rs 80,000 crore p.a. during FY17 to FY20.

General
General | 09 October 2022

IFC and Allkem agree on US$200m finance facility for lithium carbonate project

The Sal de Vida Stage 1 Project is designed to produce 15ktpa of predominately battery grade lithium carbonate.

Hydrogen
Hydrogen | 09 October 2022

Air Products to invest US$ 500 million to build green hydrogen production facility in NY

94-megawatt hydroelectric power allocation already approved

Digitization
Digitization | 09 October 2022

Indorama Ventures selects Atos to drive digital excellence across Americas

Atos cloud solutions and managed services enable leading manufacturer to address the evolving demands of Industry 4.0

Sustainability
Sustainability | 09 October 2022

Alfa Laval partners up with Cepsa to drive decarbonization

Cespa also has a world-leading chemicals business with increasingly sustainable operations.

General
General | 09 October 2022

Bayer divests its Environmental Science Professional business to Cinven

Business to continue operations as an independent company called Envu

Chemical
Chemical | 09 October 2022

Braskem launches circular economy ecosystem ‘Wenew’

Wenew is a concept that represents and consolidates Braskem's circular product efforts.

Sustainability
Sustainability | 09 October 2022

Covestro issues Schuldschein loan worth EUR 650 million equivalent

Liquidity position significantly bolstered

Chemical
Chemical | 09 October 2022

Ineos styrolution launches world’s first fully bio-attributed ABS terluran eco b100

Bio-attributed versions of all Terluran® grades available as B60 and B100 versions

Opinion
Opinion | 09 October 2022

Accelerating energy transition through bioeconomy: Shishir Joshipura, CEO & MD, Praj Industries

The global energy landscape continues to be dominated by fossil fuels. Over 73% of human-caused greenhouse gas emissions are attributable to energy consumption.

Opinion
Opinion | 09 October 2022

Changing matrix of Indian gas sector: Prashant Vasisht, VP & Co-Group Head – Corporate Ratings, ICRA

Domestic gas prices have been notified at US $6.1/mmbtu for H1 FY2023 and have more than doubled from the gas price of US $2.9/mmbtu for H2 FY2022.

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