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Chemical
Chemical | 23 February 2021

Fire breaks out at UPL’s plant at Jhagadia

There is no fatality reported.

Chemical
Chemical | 23 February 2021

Sasol’s reports strong H1 performance

Despite a 23% decrease in the rand/barrel oil price, its adjusted EBITDA decreased by only 6%.

Gas
Gas | 23 February 2021

INOX Air Products invests Rs. 2,000 crores to build eight new ASUs in India

New plants will be strategically located in proximity of high demand growth areas in the states of Gujarat, Maharashtra, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Andhra Pradesh and West Bengal.

Chemical
Chemical | 23 February 2021

Zuari to sell Goa fertilizer plant to Paradeep Phosphates

The Enterprise Value of USD 280 million subject to customary adjustments for capex, cash, debt, cash-like items, debt-like items and working capital changes based on certain agreed parameters.

Chemical
Chemical | 23 February 2021

Equinor resumes production of methanol plant in Norway

The safe start-up preparations have gone according to plan and the facility is now supplying methanol to the market,

Chemical
Chemical | 23 February 2021

Thermo Fisher’s new facility in Bengaluru to produce reliable COVID-19 testing kits

Applied Biosystems CoviPath COVID-19 RT-PCR Kit is approved for in vitro diagnostic use by ICMR and DCGI.

Chemical
Chemical | 23 February 2021

Encina and Flint Hills to produce chemicals from waste plastic

Both companies are expected to sign a definitive agreement that includes building a waste plastic to renewable chemicals and renewable fuels plant in Corpus Christi, TX.

Chemical
Chemical | 23 February 2021

Yara, Statkraft and Aker Horizons to set up green ammonia project in Norway

These companies plan to explore the potential for green ammonia production in Northern Norway as a future opportunity.

General
General | 22 February 2021

Stamicarbon licenses ulra-low energy urea technology to Chinese firm

The urea plant with a Pool Reactor will have a capacity of 2,334 metric tons per day and is expected to start up in 2023

Chemical
Chemical | 22 February 2021

PPG completes acquisition of coatings manufacturer VersaFlex

VersaFlex specializes in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications

Sustainability
Sustainability | 22 February 2021

Linde recognized by S&P Global in sustainability yearbook 2021

Linde was also ranked as one of the leading companies in the global chemicals sector

Chemical
Chemical | 22 February 2021

Sika aims to grow by 6%–8% a year till 2023

The company remains aligned for long-term success and profitable growth.

Chemical
Chemical | 22 February 2021

“Minus 20°C is sometimes trickier than minus 70°C”

DHL and other logistics companies were already transporting pharmaceutical products at minus 70°C in Schaumaplast boxes packed with dry ice before the coronavirus pandemic

Energy
Energy | 22 February 2021

Shell sells non-core Canadian shale assets to Crescent Point Energy

The consideration is comprised of $550 million in cash and 50 million shares (valued at $157 million) in Crescent Point Energy common stock.

Petrochemical
Petrochemical | 22 February 2021

SLENTEX provides industrial pipe insulation at BASF’s Ulsan plant

SLENTEX has a more consistent surface, thickness, and robust property.

Petrochemical
Petrochemical | 22 February 2021

Sumitomo Chemical to license out PE production technology to Kazan Organichesky Sintez

The new facility will have an annual production capacity of 100KTA.

Petrochemical
Petrochemical | 22 February 2021

India initiates anti-dumping probe into plastic processing machine imports from China

The Authority notes that there is prima facie evidence of dumping and consequential injury to the domestic industry on account of significant volume of imports.

Petrochemical
Petrochemical | 22 February 2021

Petrochemicals will be a sector to reckon with by 2025: Experts

Phasing out of oil based fuels will create a huge opportunity for petrochemical products.

Chemical
Chemical | 22 February 2021

Heranba Industries IPO to open on Feb 23

The subscription for anchor investors will open on Monday, February 22, 2021, ahead of the public issue.

Chemical
Chemical | 22 February 2021

Laxmi Organic receives SEBI nod for IPO

The IPO comprises a fresh issuance aggregating to Rs 500 crore and an offer for sale by promoter Yellow Stone Trust worth Rs 300 crore.

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