Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 919
Petrochemical
Petrochemical | 11 August 2021

DFPCL revenue grows 37.6%; profit by 7.8%

The company registered Operating EBITDA of Rs. 290 crore, growth of 6.7% y-o-y whereas net profit grew by 7.8% to Rs. 131 crore

Petrochemical
Petrochemical | 11 August 2021

Manali Petrochemicals reports Q1 FY22 PAT at Rs. 76 Cr

The EBITDA for Q1 FY22 was Rs. 112 crore and PAT Rs. 76 crore, against a mere Rs. 3 crore and loss of Rs. 1 crore respectively in Q1 FY21

Petrochemical
Petrochemical | 11 August 2021

Ester Industries approves Rs. 80 Cr capex for speciality polymer

The company is planning to propose capacity addition of 6,000 MTPA thereby taking the overall capacity to 12,000 MTPA

Energy
Energy | 11 August 2021

Prime Minister dedicates 9 TPD Compressed bio gas plant to the nation

Three retail outlets of Indian Oil at Muzaffarnagar - Chadravati Filling Station, Kissan Filling Station, and Agarwal Service Station were also dedicated to the nation which will be marketing CBG produced from this plant

Energy
Energy | 11 August 2021

Govt. exploring usage of hydrogen fuel cells: Dr. Jitendra Singh

DST has supported 29 projects and two energy storage platforms on Hydrogen under this program

Chemical
Chemical | 11 August 2021

Heranba Q1 FY22 revenue grows 32%, profit grows 66%

Profit After Tax in Q1 FY22 was Rs. 47.39 crore as compared to Rs. 28.58 crore in Q1 FY21, a growth of 65.79% Y-o-Y and growth of 9.69% Q-o-Q

Chemical
Chemical | 11 August 2021

India Glycols to invest Rs. 304 Cr for ethanol manufacturing

The grain distillation capacities at Gorakhpur and Kashipur are expected to be commissioned by 31st March, 2022

Energy
Energy | 11 August 2021

India’s biofuel stalwarts see ethanol as a key energy transformation agent

The Indian government has already set the roadmap for Ethanol blending and to make it a reality, both biomass and feedstock are important

People
People | 11 August 2021

Birla Carbon appoints John Loudermilk as CEO

As CEO, Loudermilk will lead all aspects of Birla Carbon, a leading global supplier of carbon black

Start-up
Start-up | 11 August 2021

Henkel invests in material science focused fund in China

Henkel will get access to an exceptional annual deal flow of more than 1,000 start-ups with strong deal sourcing capabilities providing innovative technologies with a strong focus on advanced materials and closely related digital business models

Chemical
Chemical | 11 August 2021

Cabot sales grows on strong demand and higher volumes

Company has reported GAAP EPS of $1.48, compared to a loss of $0.12 in the prior fiscal year third quarter

People
People | 11 August 2021

Haldor Topsoe's Chief Commercial Officer resigns

The decision is based on mutual agreement

Electric Vehicles
Electric Vehicles | 10 August 2021

1,590 Electric Vehicles deployed or under deployment by EESL

These e-cars are being given on lease/outright purchase basis to replace the existing petrol and diesel vehicles taken on lease earlier

Petrochemical
Petrochemical | 10 August 2021

Ester Industries Q1 FY22 revenue grows 69%; profit by 28%

All businesses have performed well, demonstrating the resilience and innate strengths of the business

Chemical
Chemical | 10 August 2021

Anupam Rasayan reports profit growth of 14086%

Total revenues have reached Rs. 238 crore in Q1 FY22 as compared to Rs. 134.6 crore in Q1 FY21, showing a growth of 77% Y-o-Y

Battery
Battery | 10 August 2021

Reliance and Ambri in discussion for battery manufacturing facility

Reliance New Energy Solar is investing US $50 million in Ambri, an energy storage company based in Massachusetts, to acquire 42.3 million shares of preferred stock in Ambri

Gas
Gas | 10 August 2021

Air Products reports Q3 GAAP net income of $532 mn

Air Products expects capital expenditures of approximately $2.5bn for full-year fiscal 2021.

Energy
Energy | 10 August 2021

Seven companies authorized to market transportation fuels

The Ministry of Petroleum and Natural Gas vide Resolution dated 08.11.2019 has revised the guidelines for authorization to market transportation fuels which have been published in the Gazette of India

Chemical
Chemical | 10 August 2021

Ethanol manufacturers supplies 209.67 Cr litres to OMCs

The quantity of Ethanol supplied for Ethanol Supply Year (ESY) 2017-18, 2018-19, 2019-20 and ongoing ESY 2020-21 (as on 02.08.2021) is 150.50 crore litres, 188.57 crore litres, 173.03 crore litres and 209.67 (till 02.08.2021) crore litres

Chemical
Chemical | 10 August 2021

Govt. approves Rs. 600 Cr financial support to 2G ethanol projects

The projects approved under Pradhan Mantri JI-VAN Yojana are: Bathinda (Punjab) of HPCL, Panipat (Haryana) of IOCL, Bargarh (Odisha) of BPCL; and Numaligarh (Assam) of NRL

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