Latest Indian Chemical and Petrochemical News, statistics, Research and events... indianchemicalnews.com | Page 947
General
General | 07 December 2020

HOEC increases 10% stake in Mumbai High oil field

The company has made necessary application to the Directorate General of Hydrocarbons in this regard and the said assignment and assumption is subject to approval of the Government of India

Chemical
Chemical | 07 December 2020

AkzoNobel starts €300 million share buyback

It is intended that the shares will be cancelled following repurchase and completion is due in the first half of 2021

General
General | 06 December 2020

Pradhan gives “Innovate for India” mantra

Speaking at the curtain raiser of the 6th India International Science Festival 2020, being organized by the Ministries of Science & Technology, Earth Sciences, Health & Family Welfare, Government of India Pradhan called upon the scientists to create products and services which can compete with the best in the world

Chemical
Chemical | 06 December 2020

Vidhi Specialty gets clearance from pollution board or setting up new plant in Gujarat

The company intends to manufacture 300 metric tonnes per month of Synthetic Water Soluble Food Colours and 60 metric tonnes of Synthetic Food grade lakes

Digitization
Digitization | 06 December 2020

VECV new truck plant at Bhopal focuses on Industry 4.0

With VECV’s vision to modernize commercial transportation, this plant has been set up based on world class manufacturing technology with connected machines following IoT methodology and Industry 4.0 standards. In the first phase, the plant will have the capacity for manufacturing 40,000 trucks

Chemical
Chemical | 06 December 2020

Indian court directs DoF to return bank guarantee to Deepak Fertilizers' subsidiary

As per Delhi High Court order, Department of Fertilisers has been directed to return the bank guarantee a sum of Rs. 310.52 crores to Smartchem within a period of four weeks

General
General | 06 December 2020

Oil India abandons Baghjan gas well

The company has completed all the jobs pertaining to capping, killing and final abandonment of the well by successfully completing all the processes in the evening hours on 3rd December 2020

General
General | 05 December 2020

Yokogawa to market asset performance management platform for a US-based firm

As per the tie-up, Yokogawa will market Power Factors’ industry-leading Drive software platform of asset performance management (APM) solutions for renewable power facilities

General
General | 05 December 2020

Govt. sets roadmap for reducing crude oil imports by 10% says Pradhan

The minister said that in the Oil & Gas sector, we see open spaces for startups in both within the existing domain of Oil & Gas as well as upcoming areas like fuel cells, solar energy, hydrogen, alternative sources of energy, electric vehicles etc

Gas
Gas | 05 December 2020

Indian Gas Exchange secures authorization from PNGRB

The GER 2020 Regulations were notified by PNGRB on September 28, 2020 and IGX had submitted its application for authorization on October 08, 2020 in accordance with the prescription under the GER 2020 regulations of PNGRB

Digitization
Digitization | 05 December 2020

TCS' blockchain solution doubles India’s Covid-19 testing

The ambitious project was launched by the Government of India’s Centre for Cellular and Molecular Platforms (C-CAMP) to scale up indigenous Covid-19 diagnostic test-kit production capacity to a million test kits a day

General
General | 04 December 2020

IEX expands green market by launching two products

With this launch, IEX Green Market now has four contracts, and offers greater choice to the market participants to buy renewable energy on the same day and upto 11 days ahead

Chemical
Chemical | 03 December 2020

Agrochemical leaders seek hassle-free new molecule registration

The cumbersome process, obsolete regulations and lack of enough funding allocation is impeding indigenous research and development initiatives

Energy
Energy | 03 December 2020

4% hydrogen target in national energy mix by 2030

India should target 4 percent hydrogen energy in the national energy mix by 2030, says the Green Hydrogen Roadmap report prepared by FTI Consulting with the support of The Energy and Resources Institute (TERI)

Digitization
Digitization | 03 December 2020

Cloud, cybersecurity & modernization to power digital businesses

Focusing on how the COVID-19 pandemic has impacted businesses across industries, the joint study by Infosys and HFS Research revealed that numerous organizations have accelerated the adoption of automation, digital business models and the hyper-scale cloud to respond to customer needs quickly and competitively

Chemical
Chemical | 03 December 2020

DSM launches plant-based decovery sustainable resin

New Decovery SP-6400XP is a low-NoAH alkali-soluble acrylic copolymer dispersion with high clarity and flexibility. It is particularly suited to adhesive application, such as removable paper labels for bottles and domestic adhesives

Petrochemical
Petrochemical | 03 December 2020

PVC prices have risen 69.8% since May 20: ICICI Securities

The rally, which started with sharp spurts in May'20 and Jun'20, has now extended into Q3FY21 as well

General
General | 03 December 2020

India to invest Rs. 10,000 Cr for setting up LNG stations says Pradhan

The government of India is planning to invest Rs. 10,000 crores in the next three years in setting up 1,000 LNG stations in India according to Union Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan

General
General | 03 December 2020

Divi's Laboratories to invest Rs. 1,500 Cr for setting up new facility in Andhra Pradesh

The company has received all the requisite licenses from the Government of India and Government of Andhra Pradesh for implementation of the project

General
General | 03 December 2020

US court reduces penalty amount of UPL

The court has reduced the amount from $31 mn to $13 mn levied on UPL related to a patent infringement case

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