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People
People | 17 February 2021

Huntsman appoints Gurmeet Kaur as the Head of Strategic Marketing for India sub-continent

Gurmeet is responsible for the execution of Huntsman’s strategy for Polyurethanes division to achieve differentiated growth.

Chemical
Chemical | 17 February 2021

Clariant delivers robust performance in 2020

Net debt for the total Group decreased to CHF 1.040 billion versus CHF 1.372 billion recorded at the end of 2019.

Chemical
Chemical | 17 February 2021

Steady quarter with margin improvement for Glenmark: ICICI Securities

India business grew 11.8% YoY vs mid-single digit industry growth.

Petrochemical
Petrochemical | 17 February 2021

Industry keen on Grasim Industries’ paints venture: ICICI Securities

The company recently announced huge capital outlay of Rs50bn over the next three years with ambition to be strong no.2 player both in terms of market share and profitability over 'reasonable' period and target of 20% IRR.

Petrochemical
Petrochemical | 16 February 2021

Surging demand for petro products supporting India’s OMCs performance: Fitch

Petroleum product sales at Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) surged by 22%-23% in the third quarter of the financial year ending March 2021 (3QFY21) from the previous quarter,

Chemical
Chemical | 16 February 2021

Mitsubishi Chemical to consolidate water treatment membrane portfolio

The aim of this transfer and consolidation is to increase the operational efficiency of the membrane business

Petrochemical
Petrochemical | 16 February 2021

Axens selected for Numaligarh refinery expansion project in India

The scope of Axens’ work includes the supply of basic engineering design package, catalysts and adsorbents, proprietary equipment, trainings and technical services

Petrochemical
Petrochemical | 16 February 2021

Sibur reports high margins despite challenges

The construction of a halo butyl production facility was completed in Jamnagar, India and the first batch of product is expected soon.

Chemical
Chemical | 16 February 2021

OQ Chemicals declares force majeure for oxo alcohols, aldehydes, acids, and esters

OQ Chemicals is monitoring this Force Majeure event and is working diligently to resume production as soon as possible.

Digitization
Digitization | 16 February 2021

TCS launches neural automotive and industrial experience center in US

The new center includes an automotive garage set-up with access to the latest technologies for customers and partners to experiment, co-innovate, build prototypes, and launch solutions in an agile manner.

Petrochemical
Petrochemical | 16 February 2021

Maire Tecnimont and Essential Energy sign MoU for a New Renewable Diesel Biorefinery in South America

The biorefinery will transform natural oil, waste vegetables oils and tallow into HVO (Hydrogenated Vegetable Oils) also known in the market as Renewable Diesel.

Chemical
Chemical | 16 February 2021

India Pesticides files for Rs. 800 Cr IPO

It currently has registrations and licenses for 22 agro-chemical Technicals and 124 formulations for sale in India and 27 agro chemical Technicals and 34 formulations for exports purpose.

General
General | 16 February 2021

Government announces liberalised guidelines for geo-spatial data

Singh also invited lndian businesses to take lead and utilize the opportunities being thrown open for the making of Atmanirbhar Bharat.

Petrochemical
Petrochemical | 16 February 2021

PM Modi to dedicate key oil & gas projects in Tamil Nadu to the nation tomorrow

The Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited (CPCL), Manali has been constructed at the cost of about Rs. 500 crore.

Chemical
Chemical | 16 February 2021

Balaji Amines’ outlook robust with strong capex pipeline: Edelsweiss

Dimethyl Formamide (DMF) saw strong demand and price surge owing to the short-supply situation in countries (China and Saudi Arabia) that export to India.

Chemical
Chemical | 16 February 2021

Vipul Organics Q3FY21 consolidated PAT climbs to Rs. 2.14 Cr

The company posted net profit of Rs.1.68 crores for the period ended December 31, 2019.

Chemical
Chemical | 16 February 2021

Omkar Speciality Chemicals Q3 net profit at Rs. 0.61 Cr

The company has posted net lossof Rs. 4.08 crores for the period ended December 31, 2019.

Petrochemical
Petrochemical | 16 February 2021

KG Petrochem posts Q3FY21 PAT at Rs. 8.01 Cr

The company posted net loss of Rs. 1.51 crores for the period ended December 31, 2019.

Petrochemical
Petrochemical | 16 February 2021

Continental Petroleums Q3 PAT jumps to Rs. 1.43 Cr

The company reported total income of Rs.7.51 crores during the period ended December 31, 2019.

Petrochemical
Petrochemical | 16 February 2021

Hindustan Adhesives Q3FY21 PAT declines to Rs. 1.01 Cr

The company posted net profit of Rs.2.34 crores for the period ended December 31, 2019

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