Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 812
Chemical
Chemical | 02 February 2022

ExxonMobil earns $23 billion in 2021, initiates $10 billion share repurchase program

Reduces structural costs by an additional $1.9 billion, increasing total savings to nearly $5 billion versus

Sustainability
Sustainability | 02 February 2022

S&P Global Sustainability Yearbook recognizes UPL

UPL’s inclusion recognises its achievements in reimagining sustainability within the global food industry

Chemical
Chemical | 02 February 2022

BPCL to set up polypropylene unit

The Board has approved the proposal to discontinue the polyols project

Chemical
Chemical | 02 February 2022

Westlake completes acquisition of Hexion’s epoxy business

Company completes acquisition of Hexion’s global epoxy business for ~$1.2 billion

Battery
Battery | 02 February 2022

Solvay announces PVDF capacity investment to meet growing EV battery demand

The €300 million investment supports a fully integrated and digitalized PVDF operation and will increase capacity at Solvay's site in Tavaux, France to 35 kilotons

General
General | 02 February 2022

LyondellBasell features in ‘World's Most Admired Companies’ list

LyondellBasell has received this distinction for five consecutive years

Petrochemical
Petrochemical | 02 February 2022

INEOS Styrolution sells thermoplastic composite business to Ensinger

The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio

Chemical
Chemical | 02 February 2022

Nouryon commissions biodegradable chelates plant in Netherlands

The start-up of the new site in Herkenbosch, Netherlands is expected in the second quarter of 2022

Petrochemical
Petrochemical | 02 February 2022

Braskem invests in advance recycling firm Nexus Circular

Using a proprietary advanced recycling technology, Nexus converts a range of hard-to-recycle plastics especially landfill bound plastic films into its circular feedstocks which can then be converted back into virgin plastics

General
General | 02 February 2022

Firmenich to market Finlay's tea, coffee extracts portfolio in Europe

As a part of the agreement, Firmenich will focus on commercializing two core parts of Finlays’ extracts business in Europe: its world-leading Cold Brew Coffee portfolio and its Tea Extract portfolio

Gas
Gas | 02 February 2022

TotalEnergies and Veolia to collaborate on biomethane projects

The partners will develop and co-invest in a portfolio of international projects, with the ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025

Chemical
Chemical | 02 February 2022

Sabic buys Clariant’s 50% stake in Scientific Design

The move is aimed at securing a greater share of the Specialties market

Digitization
Digitization | 02 February 2022

Lanxess signs digitization partnership with Siemens

The contract, which will initially run for five years, covers an order volume in the mid-double-digit million euro range and can also be extended to other material groups at any time

Sustainability
Sustainability | 02 February 2022

Honeywell to help Walmart reduce its carbon footprint

Reduced global warming potential (GWP) solution is supermarket industry's most widely accepted replacement for higher-GWP solutions

Electric Vehicles
Electric Vehicles | 02 February 2022

ABB e-mobility increases majority stake in Chinese Chargedot

Transaction builds on ABB’s initial investment, increasing stake from 67 to 80%

Chemical
Chemical | 02 February 2022

Sun Chemical to increase prices on color materials portfolio

Continuous inflationary pressure and further price spikes for key raw materials continue to drive cost increases.

Petrochemical
Petrochemical | 02 February 2022

Alpek inks agreement to acquire PET producer Octal

Alpek will purchase 100% of Octal’s shares for U.S. $620 million on a debt-free basis.

Chemical
Chemical | 01 February 2022

ExxonMobil restructures businesses; Relocates HQ

Combines chemical and downstream businesses, centralizes technology and engineering and key service organizations

Digitization
Digitization | 01 February 2022

ExxonMobil selects Yokogawa as system integrator for open process automation field trial

Collaboration on ExxonMobil project to advance OPA system from test bed to real-world production process facility -

Technology
Technology | 01 February 2022

Recon bags metering instrument maintenance contract from Dalian West Pacific Petrochemical

The total amount of the contract is RMB6.87 million.

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