Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 901
Chemical
Chemical | 13 March 2021

Govt. receives 215 applications for the 36 products under PLI scheme

174 applications were received for 23 eligible products under Target Segment IV - Other Chemical Synthesis Based KSMs/ Drug Intermediates/APIs.

General
General | 13 March 2021

DPIIT plans to launch ‘Atmanirbhar Niveshak Mitra’ by May 15

The portal will have a dedicated digital investment promotion and facilitation team at Invest India.

General
General | 13 March 2021

Govt. to promote renewable energy, especially in MSME Sector: Gadkari

The Minister invited investors abroad to invest in Indian MSMEs.

Chemical
Chemical | 13 March 2021

Elkem announces global price increases for silicones

The price increases vary by product line and are effective for new deliveries, and as contracts permit.

Chemical
Chemical | 13 March 2021

Elkem reports operating income of NOK 24,691 mn in 2020

During the year, Elkem established digital office, battery materials and biocarbon as new business initiatives.

Chemical
Chemical | 13 March 2021

Altimmune expands AdCOVID manufacturing collaboration with Lonza

AdCOVID is a COVID-19 vaccine candidate that is administered via nasal spray.

Petrochemical
Petrochemical | 13 March 2021

Braskem opens logistics terminal in Singapore

Strategic partnership will give regional petrochemical customers strategic and continuous access to polymers

Petrochemical
Petrochemical | 13 March 2021

Braskem 2020 sales up 12% at R$58 bn due to higher resin demand

Recurring operating income grows 86% and net sales revenue increases 12%, compared to 2019

Digitization
Digitization | 13 March 2021

Novozymes acquires data science platform of Biota

The acquisition strengthens Novozymes’ leading microbe innovation capability

Energy
Energy | 13 March 2021

ITOCHU inks agreement with Ube and Uyeno Transtech to supply marine ammonia fuel

This latest joint development effort is aimed at developing supply sites for marine ammonia fuel inside Japan

Chemical
Chemical | 13 March 2021

DSM to sell its Advanced Solar backsheets business to Worthen Industries

DSM earlier reached an agreement to sell the coatings business of DSM Advanced Solar to Covestro AG.

Digitization
Digitization | 12 March 2021

Pandemic prompted chemical sector to accelerate digital adoption: Experts

Integration of systems and implementation of advanced digital tools across manufacturing operations and marketing will bring in profitability

Petrochemical
Petrochemical | 12 March 2021

Covestro and MRC host ‘Rebond Rebound’ event

The goal of the Rebond Rebound event is to find new ways to maximize the use and reach of rebond material.

Energy
Energy | 12 March 2021

Sinopec accelerates hydrogen energy development to build clean energy chemical company

Sinopec currently produces 3.5 million tons of hydrogen per year.

Chemical
Chemical | 12 March 2021

Lower potash prices negatively impacted K+S’s earnings in 2020

There were one-off expenses associated with the restructuring of the administration as well as transaction costs from the sale of the Americas operating unit.

Petrochemical
Petrochemical | 12 March 2021

PPG get European Commission approval for acquisition of Tikkurila’s shares

The tender offer is currently scheduled to expire on March 15, 2021.

Chemical
Chemical | 12 March 2021

Bayer expects net sales to reach 43 to 45 billion euros by 2024

Crop Science Division is planned to achieve an EBITDA margin before special items of between 27 and 29 percent by 2024

Digitization
Digitization | 12 March 2021

Digital transformation to drive sustainable business practices

Capital-Intensive industries demonstrate significant digital agility in the face of unprecedented macro-economic disruption

Chemical
Chemical | 12 March 2021

Clariant and India Glycols forms JV to manufacture and market EO derivative

Both parties contribute parts of their existing businesses and Clariant makes relevant equalization payment to attain majority ownership

Chemical
Chemical | 12 March 2021

Ajinomoto mulls to sell its entire equity stake in AANE to METEX

Structural reform of animal nutrition business to be completed to accelerate asset-light management

Startups

Chemical

Petrochemical

Energy

Digitization